Weight Loss and Weight Management Market Strategies and Statistics
Obesity and weight loss have become a major issue for the world. Owing to the changing lifestyle and stress, and other factors, weight gain and weight related diseases have crippled a majority of the population. This has led to the development of the management programs being run that help get rid or control these issues effectively. With the growing focus on health at a global scale, the industry is growing effectively.
Weight Loss and Weight Management Market Size and Growth Rate:
Weight Loss and Weight Management Market was valued at USD 170 billion in 2017 and projected to reach USD 240 billion by 2022 growing at a CAGR of 6% during the forecast period 2017 to 2022.
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Weight Loss and Weight Management Market Growth Drivers and Restraints:
Currently, various solutions such as diets, exercises, drugs, and minimally invasive & non-invasive devices & implants and surgeries are available for weight loss and obesity management. Therefore, market growth can be attributed to increasing obese population, increasing number of bariatric surgeries, growing adoption of online weight loss and weight management programs, rise in disposable income in developing economies, sedentary lifestyle, and increasing government initiatives for creating awareness among obese populations.
Geographical Overview of Weight Loss and Weight Management Market:
Asia-Pacific region such as India and China are expected to grow at a faster rate because of the rapid urbanization in the regions.
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Key Players of Weight Loss and Weight Management Market:
Some of the leading market players of Weight Loss and Weight Management Market are Atkins Nutritionals, Herbalife, Nutrisystem, Ethicon, Covidien, Apollo Endosurgery, Brunswick, Amer Sports, Johnson Health Technology, Technogym and others.
Weight Loss and Weight Management Market Segmentation:
By Diet:
- Meals
- Beverages
- Supplements
By Service:
- Fitness Centers
- Slimming Centers
- Consulting Services
- Online Weight Loss Programs
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Key Takeaways from this Report:
- For different product types, end use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
- Identify various driving factors, constrains and untold opportunities that can impact the global marketplace
- Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
- Increase overall revenue by understanding the geographical impact on sales and distribution channels.
- Evaluate the increase in values at each step of industry supply chain to improve process efficacy and optimize the value.
- Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
- Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.
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