Weight Loss Industry Size

Weight loss industry hit a new peak in 2018 growing 4 to 72 billion.

Weight loss industry size. The growth of this market is majorly attributed to the growing rate of obesity increasing prevalence of lifestyle diseases and increasing number of bariatric surgeries. Demand for weight loss services is increasing due to growing per capita healthcare expenditure and health consciousness as a result of rising cases of obesity. The weight loss and weight management market is estimated to reach usd 303 81 billion by 2027 from usd 175 94 billion in 2017 at a cagr of 6 9.

The weight loss and weight management diet market size was valued at 192 2 billion in 2019 and is projected reach 295 3 billion by 2027 registering a cagr of 10 6 from 2021 to 2027. Industry analysis market share revenue opportunity competitive analysis and forecast 2020 2027. Most weight management strategies promote healthy eating and daily physical activity based on the person s height gender and age.

The largest diet companies are shifting direction and changing ownership as weight watchers rebrands itself to its new name ww and focuses more on wellness jenny craig is up for sale nutrisystem gets acquired by tivity health and slim fast is acquired by glanbia a multilevel marketing firm. Weight loss diet market 850 00 2 450 00 by equipment by diet by services by region. The better for you segment led in terms of market share in 2019 and is expected to retain its dominance throughout the forecast period.

They focus on specific diet plans meals and support networks and earned 6 3 billion in 2015. The global weight management market was worth us 378 billion in 2017. The market is expected to register a cagr of 8 4 over the forecast period.

Within that industry commercial weight loss services are where most franchise opportunities exist. Weight loss market is now worth a record 72 billion but the number of dieters has fallen due to the growth of the size acceptance and body positivity movement. Weight management is the process of adopting the lifestyle and dietary changes to maintain healthy body weight.