Weight Loss Industry Us

The weight loss industry statistics from 2017 found the following. 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. Weight loss is a massive industry.

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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.

Weight loss industry us. They focus on specific diet plans meals and support networks and earned 6 3 billion in 2015. Weight loss industry hit a new peak in 2018 growing 4 to 72 billion. That number makes a lot of sense when you figure in the rush to lose weight every new year.

Weight loss services in the us industry outlook 2020 2025 poll average industry growth 2020 2025. With this greater context in mind the weight loss industry as a whole was a 64 billion market in 2014. X x lock purchase this report or a membership to unlock the average company profit margin for this industry.

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. Why is obesity still such a problem when the selection of weight loss products is huge. Within that industry commercial weight loss services are where most franchise opportunities exist.

It s estimated that americans spend 60 billion on weight loss products every year. In general 53 7 of adults with higher family income more than 350 of the federal poverty level and 48 7 adults with middle family income attempted to lose extra weight.