The Weight Loss Services Global Market Report 2023, provides comprehensive information on the weight loss services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Weight Loss Services Global Market Report 2023, the market is expected to grow from $14.46 billion in 2022 to $15.76 billion in 2023 at a compound annual growth rate (CAGR) of 9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The weight loss services market is expected to grow to $21.80 billion in 2027 at a CAGR of 8.4%.
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Technological advancements are a key trend gaining popularity in the weight loss services market. Major companies in the weight loss products and services market are using advanced technologies to sustain their position in the market. For instance, in February 2021, Performance Health Systems, a US-based company operating in weight loss services, launched the Personal Power Plate with its whole-body vibration technology. The unique features of the new technology are that it delivers faster and more effective results for all fitness levels, regardless of physical limitations. Additionally, squats, planks, lunges, and other exercises are performed on the vibrating power plate to help attain the fitness objectives more quickly and efficiently than with only traditional training.
The weight loss services market is segmented:
1) By Service: Slimming Centers, Fitness centers, Consulting services, Weight loss programs
2) By Equipment: Fitness equipments, Surgical equipments
3) By Diet: Meal, Beverages
4) By Medications: Drugs, Supplements
North America was the largest region in the weight loss services market in 2022.
The table of contents in TBRC’s weight loss services market report includes:
1. Executive Summary
2. Weight Loss Services Market Characteristics
3. Weight Loss Services Market Trends And Strategies
4. Weight Loss Services Market – Macro Economic Scenario
5. Weight Loss Services Market Size And Growth
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26. Africa Weight Loss Services Market
27. Weight Loss Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Weight Loss Services Market
29. Weight Loss Services Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Herbalife Nutrition Ltd
- Kellogg Company
- NutriSystem Inc
- Nu Skin Enterprises
- Atkins Nutritionals Inc
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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