San Francisco, 12 February, Weight
Management Market Analysis By Diet (Meals, Beverages, Supplements), By
Equipment (Fitness Equipment, Surgical Equipment), By Services (Fitness
Centers, Slimming Centers, Online Weight loss Service), And Segment Forecasts,
2018 – 2025.
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.
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Report On Weight Management Market Analysis:
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
Browse More Reports Of This Category By
Grand View Research At: 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
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Press Release of this Report: www.grandviewresearch.com/press-release/global-weight-management-market
About Grand
View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
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