- Diet pills
- Other supplements
1. Weight loss supplements
Global weight loss & diet management products & services market was valued at USD 506.3 Mn and expected to grow at 6.8% Compound Annual Growth Rate (CAGR) over the 2022 to 2028. Healthy eating is one of the best things you can do to prevent and control health problems. Weight loss refers to reduction of the total body mass owing to the loss of fluid, body fat, etc. Weight loss can occur due to malnourishment or an underlying disease. Intentional weight loss is called as slimming. Weight loss due to reduction of calorific intake or exercise is called as cachexia. Weight loss & diet management products & services market is segmented based on the product type, weight management equipment, weight management services, and distribution channel. In May 2018, Cargill has launched new Zero-Calorie Sweetener made with only Reb M and Reb D from Stevia. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. This market research report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.
Weight Loss Diet Management Products Services Market Summary
Study Period
2023-29
Base Year
2022
CAGR
6.8%
Largest Market
North America
Fastest Growing Market
Europe
Drivers And Restraints
Change in lifestyles is the key factor driving the growth of the weight loss & diet management products & services market. Increase in the prevalence of obesity is another major factor attributing the growth of the market. According to the World Health Organization (WHO), the prevalence of overweight among adults in 2016 is 39% of women and 39% of men aged 18 and over were overweight. The increasing consumption of unhealthy food is adding fuel for the growth of the market. Growing health concerns among the people is anticipating the growth of the market. The soaring popularity of the supplements, shake mix, tablets, and capsule that help in the weight. However, the high cost of the products is likely to hamper the growth of the market. The stringent government regulations are hindering the growth of the market.
North-America got significant share
Weight Loss & Diet Management Products & Services Market
Geographically, global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America weight loss & diet management products & services market is growing due to increase in the prevalence of obesity and overweight. According to the World Health Organization (WHO), the percent of adults aged 20 and over with obesity were 37.9% (2013-2014) and the percent of adults aged 20 and over with overweight, including obesity were 70.7% (2013-2014). Europe weight loss & diet management products & services market follows north America region. According to the World Health Organization (WHO), as per the country estimates for 2008, over 50% of both men and women in the WHO European Region were overweight, and roughly 23% of women and 20% of men were obese. The Asia Pacific region is projected to be fastest growing market. According to the Centers for Disease Control and Prevention (CDC), the percent of men aged 20 and over with obesity were 11.7% (2011-2014) and the percent of women aged 20 and over with obesity were 11.9% (2011-2014).
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Weight Loss Diet Management Products Services Market Segmentation
product type
equipment
Surgical equipment
- Minimally invasive/Bariatric equipment
- Noninvasive surgical equipment
- Cardiovascular training equipment
- Strength Training equipment
- Others
services
- Consultation services
- Online weight loss services
- Fitness centers
- Sliming centers
Frequently Asked Questions
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
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- BRUNSWICK CORPORATION (U.S)
- Ethicon US, LLC (U.S)
- Herbalife International, Inc. (U.S)
- NutriSystem, Inc. (U.S)
- Weight Watchers International, Inc. (U.S)