Weight Management Market Will Witness Growth Based On The Increase In Number Of Nuclear Families 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-analysis/weight-management-market
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
Access Press Release
By Grand View Research: http://www.grandviewresearch.com/press-release/global-weight-management-market
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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