Overview and Scope
Weight management refers to a set of practices and behaviors required to keep weight at a healthy level. It involves a long-term strategy that promotes healthy eating and requires daily physical activity. Weight management is used in achieving a healthy weight and controlling cholesterol, blood pressure, and blood sugar, as well as preventing weight-related diseases.
Sizing and Forecast
The weight management market size has grown strongly in recent years. It will grow from $349.46 billion in 2023 to $384.06 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing obesity rates, growing health awareness, changing lifestyles, medical conditions and comorbidities, fitness and wellness trends.
The weight management market size is expected to see strong growth in the next few years. It will grow to $545.07 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to global focus on healthy living, digital health and wellness platforms, shift towards plant-based diets, wellness tourism and retreats, aging population and health concerns. Major trends in the forecast period include incorporation of gut health solutions, e-commerce dominance in product distribution, health and wellness tourism, emphasis on sleep quality, integration of AI and data analytics.
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The weight management market covered in this report is segmented –
1) By Diet: Functional Beverages, Functional Food, Dietary Supplements
2) By Equipment: Fitness, Surgical
3) By Services: Health Clubs, Consultation Services, Online Weight Loss Services
North America was the largest region in the weight management market in 2023. The regions covered in the weight management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing obesity is expected to boost the growth of the weight management market going forward. Obesity is a medical condition characterized by an excessive accumulation of body fat, to the extent that it may have adverse effects on health. The rising incidence of obesity propels the weight management market, driven by individuals seeking solutions to address health risks associated with excess weight, fostering a growing demand for products and services that promote weight control and healthier lifestyles. For instance, in May 2022, according to the World Obesity Atlas 2022, published by World Obesity Federation, a UK-based non-profit organization, one billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030 and it will be increased to 4 billion people or 51% of the global population, will be living either overweight or obese by 2035. Therefore, the growing obesity is driving the growth of the weight management market.
Key Industry Players
Major companies operating in the weight management market report are Nestlé S.A., Johnson & Johnson Inc., Abbott Laboratories, Medtronic plc, The Kellogg Company, Brunswick Corporation, Glanbia plc, Herbalife Nutrition Ltd., Ethicon Inc., Amer Sports Oyj, Medifast Inc., The Simply Good Foods Company, WW International Inc., Technogym S.p.A., Nutrisystem Inc., Gold’s Gym International Inc., Jenny Craig Inc., Iovate Health Sciences International Inc., Central Sports Co Ltd., Life Extension Foundation Buyers Club Inc., Core Health & Fitness LLC, P.R.I.M.E. Nutrition Corporation, Premier Nutrition Company LLC, Apollo Endosurgery Inc., Ultimate Nutrition Inc., Atkins Nutritionals Inc., eDiets.com Inc., Woodbolt Distribution LLC
The weight management market report table of contents includes:
1. Executive Summary
2. Weight Management Market Characteristics
3. Weight Management Market Trends And Strategies
4. Weight Management Market – Macro Economic Scenario
5. Global Weight Management Market Size and Growth
…..
32. Global Weight Management Market Competitive Benchmarking
33. Global Weight Management Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Weight Management Market
35. Weight Management Market Future Outlook and Potential Analysis
36. Appendix
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