The global weight management market is expected to reach USD 442.3
billion by 2025, according to a new report by Grand View Research, Inc. Rising
number of overweight and obese population coupled with rising popularity of
various commercially available solutions is fueling the growth.
Increasing initiatives undertaken by market players in collaboration
with the government to raise awareness about the adverse impact on health due
to obesity are further anticipated to drive the market demand. The overweight
and obese population are more prone to chronic diseases including diabetes,
hypertension, and orthopedic diseases. Thus, rising awareness about weight
management techniques is driving the market growth.
Thanks to westernization and urbanization, there is an increasing
preference toward processed food as an alternative to home-cooked food. The
increase in number of nuclear families coupled with a rise in the working
population have fueled the demand for easily accessible & inexpensive fast
food and takeaway meals. According to Statista, in 2015, revenue of fast food
industry in the U.S was 203.2 billion. A hectic schedule coupled with
increasing stress are resulting in higher intake of outside and takeaway food.
This trend is anticipated to trigger the market growth.
Full research report on weight management market analysis: http://www.grandviewresearch.com/industry-analysis/weight-management-market
Further Key Findings From the Study Suggest:
·
The growing prevalence of obesity primarily
due to sedentary lifestyle and lesser physical activities is augmenting market
growth
·
The rising awareness of available solutions
for weight loss and management is driving the growth
·
In diet, the beverage segment holds the
largest share owing to increasing consciousness amongst people about their
eating habits and adoption of general & personalized diet plans for better
metabolism and losing the extra weight. Whereas, rising popularity of
supplements, shake mix, tablets, and capsules are projected to grow over the
forecast period
·
Fitness equipment such as cardiovascular
training, strength building, and other equipment used in maintaining the weight
account for the largest share in weight management
·
Increasing R&D for developing minimally
invasive and noninvasive equipment are anticipated to increase the usage of
surgical equipment over the forecast period
·
The fitness center services segment held
the largest share of market, however with digitalization, online weight loss
services are anticipated to grow over the forecast period
·
In 2016, North America dominated the global
market with the largest revenue share of over 46.0%, due to the rising
overweight population and commercial availability of minimally invasive
procedures and noninvasive equipment
·
Asia Pacific is expected to emerge as the
fastest growing region during the forecast period, primarily due to growing
awareness about the importance of losing & management of extra weight in
order to avoid adverse health effects coupled with improving healthcare
infrastructure and emerging medical tourism
·
Some of the major players are Herbalife
International, Inc.; NutriSystem, Inc.; Weight Watchers International, Inc.;
eDiets.com; BRUNSWICK CORPORATION; Ethicon US, LLC; and GOLD'S GYM
View more reports
of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the weight management market by diet,
equipment, services, and region:
Global Weight
Management Diet Outlook (Revenue, USD Billion; 2014 - 2025)
·
Diet
o Meals
o Beverages
o Supplements
Global Weight
Management Equipment Outlook (Revenue, USD Billion; 2014 - 2025)
·
Fitness equipment
o Cardiovascular training equipment
o Strength Training equipment
o Others
·
Surgical equipment
o Minimally invasive/Bariatric equipment
o Noninvasive surgical equipment
Global Weight
Management Services Outlook (Revenue, USD Billion; 2014 - 2025)
·
Fitness centers
·
Sliming centers
·
Consultation services
·
Online weight loss services
Weight Management
Regional Outlook (Revenue, USD Billion; 2014 - 2025)
·
North America
o U.S
o Canada
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o Japan
·
Latin America
o Mexico
o Brazil
·
MEA
o South Africa
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-weight-management-market
https://www.grandviewresearch.com/press-release/global-weight-management-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/