Weight Management Market Is Driven By Changing Lifestyle And Growing Fast Food Industry Till 2025: Grand View Research, Inc.

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The global weight management market is expected to reach USD 442.3 billion by 2025, according to a report by Grand View Research, Inc. Rising number of overweight and obese population coupled with rising popularity of various commercially available solutions is fueling the growth.

According to a report published by Grand View Research, Inc.; the global weight management market is likely to reach a valuation of around USD 442.3 billion by 2025. Growing overweight and obese population and availability of weight and fat loss solutions are anticipated to propel the market. Rapid urbanization and westernization and growing popularity of commercially available solutions can propel the market during the forecast period (2014 to 2025).

Increasing consumption of junk food coupled with lack of physical activity can drive the market for weight management. Unhealthy lifestyle pattern and sedentary lifestyle are some of the major causes of weight gain. The obese and overweight population is at high risk to chronic diseases such as hypertension, diabetes, and orthopedic diseases. As per the Institute of Health Metrics and Evaluation (IHME), approximately 30.0% of the world’s population is either obese or overweight. Growing efforts of market players in association with the governments to drive obesity awareness are expected to drive market growth.

Full Research Report On Weight Management Market Analysis:
www.grandviewresearch.com/industry-analysis/weight-management-market

Japan weight management market, by diet, 2014-2025 (USD Billion)

 

Japan weight management market, by diet, 2014-2025 (USD Billion)

The worldwide weight management market can be segmented on the basis of diet, equipment, services, and region. Diet is one of the most popular solutions for management of weight. Hence, the segment is anticipated to witness steady rise over the forecast period. It is sub-segmented into supplements, meals, and beverages. Meals made of correct amount of nutrients like carbohydrates, fibers, and are crucial to manage weight.

Rising popularity of personalized or customized diet plans based on physiological condition of patients is anticipated to drive demand for diet meals. Green tea, slimming waters, and other beverages high on antioxidants and catechins can improve metabolism. This increased rate of metabolism can reduces body fat. Accessibility of these products is expected to drive growth of the segment over the forecast period.

The supplements segment is further fragmented into herbal powders, protein mix, capsules, and tablets. Effectiveness and easy accessibility are some of the major driving factors for the segment. On the basis of equipment, the market for weight management can be bifurcated into surgical and fitness equipment. Fitness equipment  is anticipated to continue dominating the global market in terms of overall market share. Fitness equipment include strength-training, cardiovascular training, and other fitness monitoring equipment. These equipment are easily available and quite popular among young population. Surgical equipment is projected to register substantial growth in the forthcoming years. Rapid rise in R&D activities is anticipated to bode well for segment growth over the forecast period. Surgical equipment include noninvasive and minimally invasive/bariatric surgical equipment.

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Global weight management market, by services, 2016 (USD Billion)

Global weight management market, by services, 2016 (USD Billion)

On the basis of services, the market can be categorized into fitness centers, slimming centers, online weight loss, and consultation services. Fitness centers is the largest service segment in terms of market share. Wide range of offerings such as activity session of aerobics, kickboxing, power yoga, and spinning, and cardio and strength building equipment is anticipated to propel demand in near future. Slimming centers includes high-tech equipment for intense activities. The consulting services consultation for exercise, diet, and behavioral therapy. This consultation is provided by dieticians, bariatric physicians, and nutritionists. Online weight loss services can register significant growth during the forecast period due to increasing adoption.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2016, North America held the largest share of around 46.0%. This can be credited to significant rise in obese and overweight population. Growing cases of diabetes and hypertension can further drive the regional growth. Additionally, increasing preference for noninvasive and minimally invasive procedures is also supporting the regional market growth.

Asia Pacific is anticipated to register the fastest growth over the forecast period. This growth can be accredited to rising awareness regarding the benefits of losing or managing extra weight, especially to prevent adverse health effects. Developing healthcare infrastructure and medical tourism can positively influence the expansion. Additionally, rising consumer awareness regarding weight management and availability of popular fitness chains and diet plans can further propel expansion of the market.

Prominent companies operating in the weight management market include Golds Gym International, Inc.; Ethicon Endo-surgery, Inc.; Weight Watchers International, Inc.; NutriSystem, Inc.; and Hebalife International, Inc.

Grand View Research has segmented the weight management market by diet, equipment, services, and region:

Global Weight Management Diet Outlook (Revenue, USD Billion; 2014 – 2025)

  • Diet

    • Meals

    • Beverages

    • Supplements

Global Weight Management Equipment Outlook (Revenue, USD Billion; 2014 – 2025)

  • Fitness equipment

    • Cardiovascular training equipment

    • Strength Training equipment

    • Others

  • Surgical equipment

    • Minimally invasive/Bariatric equipment

    • Noninvasive surgical equipment

Global Weight Management Services Outlook (Revenue, USD Billion; 2014 – 2025)

  • Fitness centers

  • Sliming centers

  • Consultation services

  • Online weight loss services

Weight Management Regional Outlook (Revenue, USD Billion; 2014 – 2025)

  • North America

    • U.S

    • Canada

  • Europe

    • Germany

    • UK

  • Asia Pacific

    • China

    • Japan

  • Latin America

    • Mexico

    • Brazil

  • MEA

    • South Africa

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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/

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