The Weight Management Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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The Weight Management Global Market Report 2024 by The Business Research Company highlights substantial growth in the weight management sector. Projected figures indicate an increase from $349.46 billion in 2024 to $384.06 billion in the same year, boasting a compound annual growth rate (CAGR) of 9.9%. This growth stems from various factors, including rising obesity rates, heightened health consciousness, evolving lifestyles, prevalent medical conditions, and the surge in fitness and wellness trends.
Anticipating continued expansion, the market is poised to reach $545.07 billion by 2028, with a CAGR of 9.1%. This growth trajectory is propelled by a global emphasis on healthy living, the proliferation of digital health platforms, a shift towards plant-based diets, the rise of wellness tourism, an aging population, and heightened health awareness.
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.
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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
Top 5 Major Players:
Noteworthy trends in the forecast period include the integration of gut health solutions, the dominance of e-commerce in product distribution, the burgeoning health and wellness tourism sector, a renewed focus on sleep quality, and the integration of AI and data analytics.
To meet evolving consumer needs, major players in the weight management sector are prioritizing collaboration and partnerships. Strategic alliances, exemplified by Hello Alpha and Trestle Tree’s partnership in December 2024, facilitate a comprehensive approach to weight management by amalgamating medical care with behavioral support. Such partnerships underscore the industry’s commitment to offering holistic solutions for customers, ensuring sustainable and effective weight management practices.
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
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Weight Management Market, Segmentation By Diet, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Weight Management Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Weight Management Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: Nestlé S.A. Financial Performance
Table 75: Johnson & Johnson Inc. Financial Performance
Table 76: Abbott Laboratories Financial Performance
Table 77: Medtronic plc Financial Performance
Table 78: The Kellogg Company Financial Performance
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