Summary - A new market study, titled “Health and Weight Management Market” has been featured on WiseGuyReports.
Health is defined as the state of physical, mental and social well-being, in which disease is absent. Indeed, in our modern society, many people are aware of the importance of a healthy lifestyle, including weight management. However, health/weight maintenance is a difficult task for many people due to sedimentary lifestyles. That is why this market has become such a complex and sophisticated industry.
The overall health and weight management market can be divided into a number of sectors such as -
- Fitness (equipment, health clubs/gyms, personal training services).
- Nutrition and dieting (weight loss programs, meal delivery services, dietary supplements).
- Monitoring industry (fitness and calorie counting apps).
- Drug development (prescription medications and pharmacological therapies).
- Related industries such as surgical approaches, slimming centers and natural medicine (e.g. acupuncture) or behavioral therapy.
Moreover, the health and weight management industry effects other markets such as the diagnostics sector.
The overall industry offers not just products, equipment and services, but entire lifestyle programs and coaching to improve people’s approaches toward nutrition and physical activity. The current global health and weight management market is valued at more than REDACTED, withthe potential to reach REDACTED by 2025.
Obesity is on the rise in many countries (and no longer only in developed countries). Obesity can lead to the onset of other diseases, and therefore has a significant effect on overall healthcare expenses. Physical activity and proper nutrition are becoming integral parts of many modern societies. Therefore, there is a growing need for related services that most people can afford.
Technology has also an effect on this market, in the form of monitoring devices. Moreover, despite of privacy concerns, the connection to social media makes this technology a popular trend, especially with millennials.Report Scope:
This report represents an important business tool for evaluating technologies, trends, products and market participants in the health and weight management sector. The geographic scope of this study is worldwide. The report identifies the main elements of products, services, and trends in different types of industries.
Report Includes:
- 40 data tables and 24 additional tables
- A descriptive study with an industry analysis of the global health and weight management market
- Analyses of global market trends with data from 2018 and 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
- Market resaerch data corresponding to obesity-related disease and statistics for fitness and exercising in the general population
- Evaluation of current market size, market trends, and description of products and technologies
- Coverage of services – such as fitness centers and health clubs, slimming centers and commercial weight loss centers, consulting services, and online weight loss programs – in health and weight management related industry
- Market share analysis of key market participants and their competitive landscape covering companies involved in manufacturing and marketing of diet supplements and products, fitness equipment, monitoring devices, and drug development sector
- Insight into the intellectual property and patents, new trends and developments, clinical trials on weight loss medications, and potential markets for future developments
- Company profiles of market-leading players, including Fitbit Inc., Gold's Gym International Inc., MyFitnessPal, Novo Nordisk A/S and WW International Inc.FITBIT INC.
JENNY CRAIG INC.
LA FITNESS INTERNATIONAL LLC
MYFITNESSPAL
NAUTILUS INC
NOVO NORDISK A/S
NUTRISYSTEM INC.
RHYTHM PHARMACEUTICALS
WW INTERNATIONAL INC.
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Global Weight Loss and Diet Management Market was valued US$ 52.93 Bn in 2017 and is expected to reach US$ 85.61 Bn by 2026, at a CAGR of 6.19 % during a forecast period.The weight loss and diet management market is segmented into diet, application, and region.Further, global weight loss and diet management market based on diet include better-for-you-food & beverages, weight loss supplements, meal replacements, low-calorie sweeteners, and others.In terms of application segment, global weight loss and diet management market is classified into small retail, online distribution, multilevel marketing, large retail and health & beauty stores.Based on regions, the global weight loss and diet management market is divided into five main regions are America, Europe, Asia-pacific, Latin America and Middle East & Africa.Rising obesity and increasing weight is always the primary concern regarding the health and fitness of people which is prompted the growth of the market.Based on diet type, the dietary segment includes meals, beverages, and weight loss supplements.
Dietary products accounted for the majority of the global demand owing to the rising diabetic, fat, and health-conscious people.
Proper education by government agencies with the help of social media is led to increased consumer awareness towards new dietary patterns which may be attributed to high market penetration.In terms of application, online fitness centers segment is expected to account for the largest share due to increasing awareness about health and fitness among the population, which has resulted in a significant increase in the number of health clubs and gyms across the globe.
With the continually increasing number of fitness centers and slimming centers, the products and services market is expanding at a rapid rate, and more users are getting associated with it to achieve a better and healthy lifestyle.
Additionally, raising awareness among the individuals about health and fitness is certainly propelled the weight loss and diet management product & services requirement.High prices of the product and services which are sometimes not affordable by single users are expected to remain a factor hindering weight loss and diet management products growth.
Safety issues associated with the equipment along with the lack of consumer awareness in remote and suburban areas are anticipated to impact weight loss and diet management products growth.On the basis of the region, North America dominated the global demand due to the vast availability of weight management products and better services provided by the industry players across the region.
It provides a product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product.
And also provides essential study on the current status of the market, cover market size with respect to valuation as sales volume, and providing a precise prediction of the market scenario over the forecast period from 2021 to 2030.The report provides revenue forecasts with sales, sales growth rate, and revenue growth rate forecasts of the global Weight Loss Management Market.
The forecasts are also provided with respect to the product, application, and regional segments of the market.
The forecasts are provided to understand the future outlook and prospects for the market.Covid-19 Scenario:1) The Covid-19 pandemic and followed by lockdown has affected several manufacturing industries.2) The prolonged lockdown resulted in a disrupted supply chain and increased the prices of raw materials.3) However, as the world has been recovering from the pandemic, the market is estimated to get back on track.Detailed COVID-19 Impact Analysis on Market@ https://www.alliedmarketresearch.com/request-for-customization/720?reqfor=covid Major Key Players: -Various strategies adopted by these companies to gain stronghold of the market include partnerships, collaborations, approvals, mergers & acquisitions, joint ventures, expansions, and othersThe leading companies in Global Weight Loss Management Market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile, and STD Reimbursement Scenario Analysis And Top Study Testing Technologies products and services.Key players in the market include Weight loss diet companies - Herbalife Ltd., Atkins Nutritionals Inc., NutriSystem, Inc., and Kellogg Company.
Weight loss service provider companiesWeight Watchers International, Inc., The Golds Gym International, VLCC Healthcare Ltd, Duke Diet & Fitness Centre, Equinox, Inc., Slimming World, 24 hours Fitness, Fitness First Group, Town Sports International Holdings, Inc., and others.The report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
Additionally, challenges and restraining factors that are likely to curb the growth in the years to come are put forth by the analysts to prepare the manufacturers for future challenges in advance.Interested to Procure the Data?
The global Weight Management Market presents comprehensive information that makes it a valuable source of insightful data for business strategists during 2021-2026.
Given the technological innovations in the market, the industry is likely to emerge as a complementary platform for investors in the emerging market.A thorough competitive analysis covering insightful data on industry leaders is intended to help potential market entrants and competing existing players to reach their decisions in the right direction.
The market structure analysis discusses in detail the profile of the Weight Management company, revenue share in the market, comprehensive product portfolio, networking and distribution strategy, regional market footprint, and more.Key Players Mentioned:Herbalife, Weight Watchers, ICON Health & Fitness, Brunswick Corporation, Nutrisystem, Kellogg, Johnson Health Tech, Technogym, Central Sports, Planet Fitness, Jenny Craig, Atkins, Amer Sports, Town Sports, Medifast, Slimming World, Will’S, Core Health & Fitness, Gold’s Gym, Pure Gym, Rosemary Conley, Fitness World, Shuhua, Qingdao Impulse, Apollo EndosurgeryFor Right Perspective & Competitive Insights, Request a Sample @ https://introspectivemarketresearch.com/request/11785Market segmentationThe Weight Management market is segmented by type and application.
Growth between segments over the period 2021-2026 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value.
This analysis can help you expand your business by targeting eligible niches.Product Segment Analysis:Weight Loss Diet, Fitness Equipment, Surgical and Equipment, Fitness Centers, Weight Loss ProgramsApplication Segment Analysis:Men, WomenThe market research report also discusses the numerous development strategies and plans that the Weight Management industry follows to expand to a global level.
Details related to the dynamic change in the segment are provided in the research report.
