Weight Management Market To Witness Growth Rapidly Due To Rising Number Of Overweight & Obese Population 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.
Japan
weight management market, by diet, 2014-2025 (USD Billion)
Browse full research report on Weight Management Market: http://www.grandviewresearch.com/industry-analysis/weight-management-market
Further key findings from the report 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
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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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