Weight Management Market Will Witness Growth Based On IncreasingAn Preference Toward Junk Food, Physical Inactivity Till 2025:Grand View Research,inc.
The global weight management market is expected to reach USD
442.3 billion by 2025, according to a new report by Grand View Research, Inc.
Rising number of overweight and obese population coupled with rising popularity
of various commercially available solutions is fueling the growth.
Increasing initiatives undertaken
by market players in collaboration with the government to raise awareness about
the adverse impact on health due to obesity are further anticipated to drive
the market demand. The overweight and obese population are more prone to
chronic diseases including diabetes, hypertension, and orthopedic diseases.
Thus, rising awareness about weight management techniques is driving the market
growth.
Thanks to westernization and
urbanization, there is an increasing preference toward processed food as an
alternative to home-cooked food. The increase in number of nuclear families
coupled with a rise in the working population have fueled the demand for easily
accessible & inexpensive fast food and takeaway meals. According to
Statista, in 2015, revenue of fast food industry in the U.S was 203.2 billion.
A hectic schedule coupled with increasing stress are resulting in higher intake
of outside and takeaway food. This trend is anticipated to trigger the market
growth.
Browse full research report on Weight Management Market: http://www.grandviewresearch.com/industry/medical-devices
Further Key Findings From
the Study Suggest:
- The growing prevalence of obesity primarily due to
sedentary lifestyle and lesser physical activities is augmenting market
growth
- The rising awareness of available solutions for
weight loss and management is driving the growth
- In diet, the beverage segment holds the largest share
owing to increasing consciousness amongst people about their eating habits
and adoption of general & personalized diet plans for better
metabolism and losing the extra weight. Whereas, rising popularity of
supplements, shake mix, tablets, and capsules are projected to grow over
the forecast period
- Fitness equipment such as cardiovascular training,
strength building, and other equipment used in maintaining the weight
account for the largest share in weight management
- Increasing R&D for developing minimally invasive
and noninvasive equipment are anticipated to increase the usage of
surgical equipment over the forecast period
- The fitness center services segment held the largest
share of market, however with digitalization, online weight loss services
are anticipated to grow over the forecast period
- In 2016, North America dominated the global market
with the largest revenue share of over 46.0%, due to the rising overweight
population and commercial availability of minimally invasive procedures
and noninvasive equipment
- Asia Pacific is expected to emerge as the fastest
growing region during the forecast period, primarily due to growing
awareness about the importance of losing & management of extra weight
in order to avoid adverse health effects coupled with improving healthcare
infrastructure and emerging medical tourism
- Some of the major players are Herbalife
International, Inc.; NutriSystem, Inc.; Weight Watchers International,
Inc.; eDiets.com; BRUNSWICK CORPORATION; Ethicon US, LLC; and GOLD'S GYM
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the weight management
market by diet, equipment, services, and region:
Global Weight Management Diet Outlook (Revenue, USD
Billion; 2014 - 2025)
- Diet
- Meals
- Beverages
- Supplements
Global Weight Management Equipment Outlook (Revenue, USD
Billion; 2014 - 2025)
- Fitness
equipment
- Cardiovascular
training equipment
- Strength
Training equipment
- Others
- Surgical
equipment
- Minimally
invasive/Bariatric equipment
- Noninvasive
surgical equipment
Global Weight Management Services Outlook (Revenue, USD
Billion; 2014 - 2025)
- Fitness
centers
- Sliming
centers
- Consultation
services
- Online
weight loss services
Weight Management Regional Outlook (Revenue, USD Billion;
2014 - 2025)
- North
America
- U.S
- Canada
- Europe
- Germany
- UK
- Asia
Pacific
- China
- Japan
- Latin
America
- Mexico
- Brazil
- MEA
- South
Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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