Weight Loss and Weight Management Market worth $206.4 Billion by 2019

This report provides a detailed analysis of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the weight loss and weight management market along with the estimates and forecasts for revenue and market growth.

Seattle, The United States – October 9, 2017 /MarketersMedia/ —

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The global weight loss and weight management market is expected to reach $206.4 billion by 2019 from $148.1 billion in 2014, growing at a CAGR of 6.9% from 2014 to 2019.

The weight loss and weight management market is segmented on the basis of diet (meal, beverage, and supplement), equipment (fitness and surgical equipment), and service. The diet segment is expected to account for the largest share of the weight loss and weight management market in 2014. This large share is attributed to the rising obese and diabetic population, technological advancements, and increasing health consciousness in people.

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On the basis of regions, the weight loss and weight management market is segmented into North America, Europe, Asia, and Rest of the World (RoW).

In 2014, North America accounted for the largest share of this market owing to the rising obese population, rise in childhood obesity rates, strong government support and funding, lifestyle changes, increase in membership for health clubs, and technological advancements in these regions.

The key market players in the weight loss and weight management market, by diet, include Atkins Nutritionals, Inc. (U.S.), Herbalife Ltd. (U.S.), NutriSystem, Inc. (U.S.), and Kellogg Company (U.S.).

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Ethicon, Inc. (U.S.), Covidien plc (U.S.), Apollo Endosurgery (U.S.), and Olympus Corporation (Japan) are some of the prominent players in the equipment market, while Brunswick Corporation (U.S.), Amer Sports (Finland), Johnson Health Technology, Ltd. (Taiwan), Cybex International (U.S.), and Technogym SpA (Italy) are the leading players in the fitness equipment segment.

The prominent players in the services market are Weight Watchers International, Inc. (U.S.), Jenny Craig (U.S.), eDiets.com (U.S.), VLCC Healthcare Ltd. (India), Slimming World (U.K.), The Gold’s Gym International (U.S.), Duke Diet & Fitness Center (U.S.), 24 hours Fitness (U.S.), Equinox, Inc. (U.S.), Life Time Fitness, Inc. (U.S.), Fitness First Group (U.S.), and Town Sports International Holdings, Inc. (U.S.).

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