Weight Management Market 2023: Industry Drivers, Growth Factors and Forecast by 2028
According to the latest report by IMARC Group, titled “Weight Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on weight management market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global weight management market size reached US$ 503.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 722.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.
Weight management is a term used to describe a conscious effort to maintain a healthy body weight, as well as to improve overall health. It is an approach involving lifestyle and dietary modifications to achieve and maintain healthy body weight. It includes altering one’s eating habits, increasing physical activity, and making other lifestyle changes. It helps look and feel better, reduce the risk of health problems, and live a healthier life. It limits the intake of processed foods, saturated fats, and added sugars. As a result, it is gaining widespread prominence since it emphasizes healthy eating and regular physical activity that is tailored to the individual’s height, gender, and age.
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The rising health awareness among the masses majorly drives the global market. Coupled with the rising popularity of weight management programs is propelling the market. Along with this, the increasing prevalence of obesity among individuals due to unhealthy diets, sedentary lifestyles, and medical conditions is also driving the demand for weight management solutions to help them manage their weight. Moreover, several leading manufacturers are introducing dietary supplements with various components, such as fibers, herbs, and minerals, to aid the masses in achieving a better metabolism, this is creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and inflating disposable income levels.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Herbalife International, Inc.
- NutriSystem, Inc.
- Weight Watchers International, Inc.
- Brunswick Corporation
- Ethicon Endo-surgery, Inc.
- Golds Gym International, Inc.
- Amer Sports
- Technogym SPA
- Jenny Craig Inc.
- Medtronic Inc.
- Kellogg Company
- Atkins Nutritionals Inc.
- Apollo Endosurgery Inc.
- Cyber International, Inc.
- Johnson & Johnson, Inc.
- ALPLA Werke Alwin Lehner GmbH & Co. KG
Weight Management Market Segmentation:
Our report has categorized the market based on region, diet, equipment and service.
Breakup by Diet:
- Functional Beverages
- Functional Food
- Dietary Supplements
Breakup by Equipment:
- Cardiovascular Training Equipment
- Strength Training Equipment
- Minimally Invasive/Bariatric Equipment
- Non-Invasive Surgical Equipment
Breakup by Service:
- Health Clubs
- Consultation Services
- Online Weight Loss Services
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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