According to market research report Weight Loss Management Market to grow from USD 175.94 billion in 2017 to USD 245.51 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period.
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The growth of this market is majorly attributed to the growing rate of obesity, increasing prevalence of lifestyle diseases, and increasing number of bariatric surgeries.
Based on diet, the weight loss and weight management market is segmented into meals, beverages, and supplements. In 2017, the beverages segment is expected to account for the largest share of the weight loss and weight management market. Growth in this segment is majorly driven by the growing diabetic population across the globe.
By equipment, the weight loss management market is segmented into fitness equipment and surgical equipment. The fitness equipment segment is estimated to register the highest growth rate during the forecast period. The high growth in this segment can primarily be attributed to the continuous technological advancements in fitness equipment and growing accessibility to gyms.
Based on service, the weight loss and weight management market is further segmented into fitness centers, slimming centers, consulting services, and online weight loss programs. The service segment is expected to grow at the highest CAGR during the forecast period.
In 2017, North America is expected to dominate the global weight loss management market primarily due to factors such as the increasing incidence of obesity and chronic diseases, rising awareness about nutrition and healthy lifestyles, and growing number of fitness centers in the region. In 2017, Europe is expected to account for the second-largest share of this market. Rising prevalence of obesity and increasing government support and initiatives to tackle obesity-related problems are the major factors supporting the growth of the weight loss management market in this regional segment.
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The Weight Loss Management Market is highly competitive, with the presence of several small and large players. Some of the players operating in this market include Atkins Nutritionals (US), Herbalife (US), Nutrisystem (US), Ethicon (US), Covidien (US), Apollo Endosurgery (US), Brunswick (US), Amer Sports (Finland), Johnson Health Technology (Taiwan), Technogym (Italy), Weight Watchers (US), Jenny Craig (US), eDiets.com (US), VLCC Healthcare (India), Slimming World (UK), The Gold’s Gym (US), Duke Diet & Fitness Center (US), Equinox (US), Life Time Fitness (US), Fitness First Group (US), and Town Sports (US).
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According to market research report Weight Loss Management Market to grow from USD 175.94 billion in 2017 to USD 245.51 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period.Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=1152The growth of this market is majorly attributed to the growing rate of obesity, increasing prevalence of lifestyle diseases, and increasing number of bariatric surgeries.Beverages segment to dominate the market in 2017Based on diet, the weight loss and weight management market is segmented into meals, beverages, and supplements.
In 2017, the beverages segment is expected to account for the largest share of the weight loss and weight management market.
Growth in this segment is majorly driven by the growing diabetic population across the globe.The fitness equipment segment is projected to grow at the highest CAGR during the forecast period.By equipment, the weight loss management market is segmented into fitness equipment and surgical equipment.
The fitness equipment segment is estimated to register the highest growth rate during the forecast period.
The high growth in this segment can primarily be attributed to the continuous technological advancements in fitness equipment and growing accessibility to gyms.North America to dominate the weight loss and weight management marketIn 2017, North America is expected to dominate the global weight loss management market primarily due to factors such as the increasing incidence of obesity and chronic diseases, rising awareness about nutrition and healthy lifestyles, and growing number of fitness centers in the region.
In 2017, Europe is expected to account for the second-largest share of this market.
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?
