Weight Loss Market

Market Overview: 

The global weight loss market is expected to exhibit a growth rate (CAGR) of 8.3% during 2023-2028.

Weight loss refers to the process of lifestyle modifications to maintain physical wellness. It aids in achieving an ideal weight as per the overall body mass index (BMI) of an individual. Additionally, weight loss also offers several health benefits, such as minimizing the risk of heart diseases, reducing blood pressure, managing sleep cycle, etc. It can either be accomplished with the help of fitness training programs or medical treatment procedures like bariatric surgery.

Weight Loss Market Trends:

The elevating prevalence of numerous chronic diseases, such as obesity, high cholesterol levels, diabetes, cardiovascular ailments, etc., is primarily driving the global weight loss market. Additionally, hectic work schedules, unhealthy dietary patterns, and sedentary lifestyles of the consumers are also catalyzing the need for a nutritious diet and weight loss programs. Moreover, the increasing popularity of dietary supplements containing herbs, fibers, and minerals that aid in boosting the metabolism rate and maintaining a healthy lifestyle is further bolstering the global market. Besides this, several government bodies are launching incentives and wellness programs to promote the adoption of weight management techniques, including yoga and exercise sessions. Consequently, the rising influence of celebrities who are promoting a healthy lifestyle through social media platforms is acting as another significant growth-inducing factor. Moreover, changing consumer inclination from invasive bariatric surgeries towards naturopathy-induced weight loss solutions is positively influencing the global market. Additionally, due to the sudden outbreak of the COVID-19 pandemic, there is an increasing adoption of weight management practices for improving immunity and reducing health risks. Numerous other factors, the growing prominence of pharmacologic therapeutic medications, emerging gym culture, and elevating online sales of weight-loss supplements are expected to drive the global weight loss market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global weight loss market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on diet, equipment type, service, gender and age group.

Breakup by Diet:

• Supplements
• Meals
• Beverages
   

Breakup by Equipment Type:

• Fitness Equipment
  • Cardiovascular Equipment
  • Strength Training Equipment
  • Others
• Surgical Equipment
  • Minimally Invasive/ Bariatric Equipment
  • Non-Invasive Equipment
     

Breakup by Service:

• Fitness Centers and Health Clubs
• Consulting Service
• Surgical Clinics
• Online Weight Loss Programs
• Others
   

Breakup by Gender:

• Men
• Women
   

Breakup by Age Group:

• Below 15 Years
• 15 to 30 Years
• 31 to 60 Years
• Above 60 Years
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Apollo Endosurgery Inc., Brunswick Naturopathy, Gold's Gym International Inc., Herbalife Nutrition Ltd., Jenny Craig Inc., Johnson & Johnson, Johnson Health Tech. Co. Ltd., Kellogg Company, Medtronic plc, Nutrisystem Inc., TECHNOGYM S.p.A, The Simply Good Foods Company and WW International Inc.

Report Coverage: