Quadintel published a new report on the Weight Management Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Weight Management Market is valued approximately USD 132.7 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.7 % over the forecast period 2022-2028.
A weight management plan is not just a quick fix or a fast way to lose weight. Instead, it provides patients with the tools they need to lose weight, eat the right foods, and maintain their healthy weight long-term. There are many different diseases and health conditions that can affect the body when the person is overweight.
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Some of these diseases and health conditions include sleep apnea, high blood pressure, diabetes, cancer, heart disease, stroke, osteoarthritis, and other negative health conditions. Losing weight is one of the easiest ways to improve health. The enhancement in market growth is mainly due to increase in consciousness amongst people including the rising volumes of bariatric surgeries, rapid adoption of online weight loss & management programs, growth in disposable income levels in developing countries, increasing government initiatives for creating awareness about weight management, and growing cases of obesity due to sedentary lifestyles. The World Health Organization (WHO) classifies an adult as overweight if they have a body mass index (BMI) greater than or equal to 25, and obese if they have a BMI greater than or equal to 30. It is estimated that around two billion people are overweight in which 39% are adults . The availability of a wide range of products in different forms including Ready-to-Drink (RTD) beverages, bars, gels, and powders is projected to drive the market. However, high cost associated with low calorie diets and weight loss service impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Weight Management Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is expected to account for the largest market size in weight loss and weight management market during the forecast period. Factors such as the increasing incidence of obesity and chronic diseases, rising awareness about nutrition and healthy lifestyles, growing number of fitness centers, and rising disposable income are the major factors supporting the growth of the weight loss and weight management market in this region.
Due to the increasing obese population, rise in disposable income, increase in the number of diabetics, growing awareness on personal well-being, sedentary lifestyles, and the low cost of bariatric surgeries Asia pacific region is expected to be the fastest growing region
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Major market player included in this report are:
Herbalife International, Inc.
NutriSystem, Inc.
Weight Watchers International, Inc.
eDiets.com
Brunswick Corp.
Life extension
Ethicon US, LLC: Ethicon Endo -surgery Inc.
Apollo Endo-Surgery, Inc.
Kellogg Company
Technogym
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Function:
Diet
Fitness equipment
Surgical equipment
Services
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Weight Management Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Product Types
Factors Influencing
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What is the key information extracted from the report?
- Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects Market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter’s Five Force analysis.
- The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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