The global weight management market size was valued at USD 132.7 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 9.7% over the forecast period. The market growth can be attributed to 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. According to the Institute of Health Metrics and Evaluation, 30.0% of the world’s population is either obese or overweight. Obesity poses an enormous challenge for the developed countries and the lower & middle-income countries.
The overweight and obese population report a high prevalence of chronic diseases including diabetes, hypertension, and orthopedic diseases. Thus, the growing obese population is driving the market growth. The penetration of childhood obesity is growing throughout the world due to factors, such as unhealthy eating habits and a lack of physical activity. The percentage of childhood obesity cases that occurred due to hormonal problems is very low. As per the article published by Narayana Health, India reported about 14.4 million cases of obesity in children, which is the second-highest number of obese children in the world.
Due to the increasing number of hours in front of televisions and computers, there is a significant rise in inactive hours. Overweight or obese children have higher chances of having chronic diseases at an early age. Increasing consumption of junk food, physical inactivity, and the growing fast-food industry are leading to an unhealthy & sedentary lifestyle, which results in weight gain. In addition, increasingly hectic routines and growing stress are causing people to consume fast foods, which is leading to untoward health effects. Thus, all these factors together are fueling the market growth. Rapid globalization and digitalization are ensuring easier access to information about the repercussions of being overweight.
This is leading to increased awareness about various weight management solutions, such as diet meals, beverages & supplements, exercise, and surgical procedures. An increase in the prevalence of chronic diseases due to rapid urbanization and changing lifestyles has contributed heavily to the growth of the market. People, to avoid getting diseases associated due to a lack of physical activity, are increasingly opting for weight management products and services. The COVID-19 pandemic has had a negative impact on the market. There was a decline in the sales of products & services as consumers were focusing on the purchase of essential goods.
Pandemic Impact |
Post COVID Outlook |
The weight management market declined by 10.0% from 2019 to 2020. |
The market is expected to grow at a CAGR of 9.7% from 2022 to 2030 |
The COVID-19 pandemic enforced governments to impose lockdowns, and travel restrictions led to the increasing number of inactive hours and caused the shutting down of fitness centers and slimming centers |
An upsurge in the interest in maintaining health and fitness levels is expected to propel market growth |
The market was negatively impacted during the pandemic-imposed lockdown as the supply chain logistics were disrupted |
Key players have a huge growth potential in the global market due to the high demand for nutritional supplements |
Moreover, the temporary closure of gyms, fitness centers, health clubs, and sports institutes negatively impacted the market growth. However, online sales increased rapidly in 2020 due to the increased awareness about the importance of having a healthy lifestyle and overall wellbeing. 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. Manufacturers are adding innovative flavors and functional ingredients to enhance the nutritional value of their products. For instance, brands are adding natural ingredients, caffeine, and low-sugar contents to RTD products. For, instance, Life Extension, in April 2022, launched Waistline Control, which helps in reducing the waistline.
On the basis of functions, the global market has been further categorized into diet, fitness equipment, surgical equipment, and services. The diet function segment dominated the market in 2021 and accounted for the maximum share of about 75.2% of the global revenue. Diet includes meals, beverages, and supplements. Diet is gaining popularity as a solution for weight loss and management in developed as well as developing countries. Meals containing the right amounts of proteins & fibers and a lesser amount of carbohydrates are considered an effective method of weight management.
The trend of customized and personalized diet plans as per the patient’s physiological conditions is encouraging people to opt for diet meals. Beverages, including green tea and sliming waters containing catechins & antioxidants, help in improving the metabolism, thereby contributing to the reduction of stubborn fat. The easy availability and high acceptance of these products are expected to drive the growth of the beverage sub-segment during the forecast period. Supplements include protein mixes, herbal powders, tablets, and capsules. The easy availability of these products is expected to drive the growth of this sub-segment.
Asia Pacific was the dominant regional market in 2021 and accounted for the maximum revenue share of more than 84%. The regional market is estimated to retain its leading position growing at the fastest CAGR during the forecast period. The market growth is attributed to the growing overweight & obese population and the increasing incidence of hypertension & diabetes. In addition, a paradigm shift toward minimally invasive and non-invasive procedures is propelling the market growth. Other factors responsible for the market growth include the rising awareness about the available alternatives for weight loss and management.
The increasing popularity of diet plans and fitness centers is further anticipated to trigger the regional market growth. North America is projected to have a substantial growth over the forecast period owing to the alarming rise in obesity cases in the U.S. For instance, as per the data of the CDC, obesity prevalence rate in the U.S. for the years 2017-2018 was 42.4%. The growing sedentary lifestyle along with unhealthy eating habits is causing significant growth in the cases of obesity and related health issues.
This has led to a rising percentage of the population opting for gyms and wellness centers. Moreover, the presence of major market players in North America and the easy availability of products is also expected to drive the regional market. The rising demand for natural, plant-based supplements in North America is further creating opportunities for key players to develop new products. Europe accounted for a considerable revenue share in 2021. Higher consumer awareness and per capita disposable income in developed countries like France, Germany, and the U.K. are expected to drive the market over the forecast period.
The key participants in the market are devising various strategic initiatives to expand their business footprint and gain a competitive edge in the market. Key players are focusing on strategic initiatives, such as mergers & acquisitions, technological collaborations, partnerships, funding & investments, and innovative product developments & launches to expand their expertise & product portfolio. For instance, in February 2022, Cult.fit acquired a majority stake in the Gold’s Gym fitness centers chain across India. Some of the key players in the global weight management market include:
Herbalife International, Inc.
NutriSystem, Inc.
Weight Watchers International, Inc.
eDiets.com
Brunswick Corp.
Life Extension
Ethicon US, LLC: Ethicon Endo-surgery, Inc.
Apollo Endosurgery Inc.
Kellogg Company
Technogym
Atkins Nutritionals, Inc
Covidien
Jenny Craig, Inc.
Gold’s Gym International, Inc.
Nu Skin Enterprises
Now Health Group, Inc.
Vitaco Health Limited
Cargill, Inc.
Nutrisystem, Inc.
Amer Sports
Johnson Health Tech
Amway
GNC Holdings, Inc.
Report Attribute |
Details |
The market size value in 2022 |
USD 142.6 billion |
The revenue forecast in 2030 |
USD 298.7 billion |
Growth rate |
CAGR of 9.7% from 2022 to 2030 |
The base year for estimation |
2021 |
Historical data |
2016 - 2020 |
Forecast period |
2022 - 2030 |
Quantitative units |
Revenue in USD million/billion and CAGR from 2022 to 2030 |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segment covered |
Function, region |
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope |
U.S.; Canada; U.K.; Germany; France; Italy; Spain; China; Japan; India; Australia;South Korea; Taiwan; Singapore; New Zealand; Hong Kong; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE; Israel |
Key companies profiled |
Herbalife International, Inc; NutriSystem, Inc.; Weight Watchers International, Inc.; eDiets.com; Brunswick Corp.; Life Extension; Ethicon U.S., LLC: Ethicon Endo-surgery, Inc.; Apollo Endosurgery Inc.; Kellogg Company; Technogym; Atkins Nutritionals, Inc; Covidien; Jenny Craig, Inc.; Gold’s Gym International, Inc.; Nu Skin Enterprises; Now Health Group, Inc.; Vitaco Health Limited; Cargill, Inc.; Nutrisystem, Inc.; Amer Sports; Johnson Health Tech; Amway; GNC Holdings, Inc. |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional, and segment scope |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the subsegments from 2016 to 2030. For the purpose of this study, Grand View Research, Inc. has segmented the global weight management market report on the basis of function and region:
Function Outlook (Revenue, USD Million, 2016 - 2030)
Diet
Meals
Beverages
Supplements
Proteins
Fibers
Green tea extract
Conjugate linoleic acid
Green coffee
L-carnitine
Fitness equipment
Cardiovascular training equipment
Treadmills
Elliptical trainers
Stationary cycles
Rowing machines
Stair steppers
Other cardiovascular training equipment
Strength training equipment
Single station equipment
Plate loaded equipment
Benches and racks
Multistation equipment
Free weights
Accessories
Minimal invasive surgical equipment
Gastric bypass equipment
Laparoscopic sleeve gastrectomy equipment
Laparoscopic adjustable gastric banding systems
Biliopancreatic diversion surgery/duodenal switch equipment
Revision surgery equipment
Noninvasive surgical equipment
Intragastric balloon systems
Endobarrier
Endosuturing devices
Stomaphyx
Others
Services
Fitness centers
Sliming centers
Consultation services
Online weight loss service
Regional Outlook (Revenue, USD Million, 2016 - 2030)
North America
U.S.
Canada
Europe
U.K.
Germany
Spain
France
Italy
Asia Pacific
China
Japan
India
Australia
South Korea
Taiwan
Singapore
New Zealand
Hong Kong
Latin America
Brazil
Mexico
Argentina
Middle East and Africa
Saudi Arabia
UAE
South Africa
Israel
b. Key factors that are driving the market growth include the rising number of overweight and obese population coupled with the rising popularity of various commercially available solutions.
b. The global weight management market size was estimated at USD 132.7 billion in 2021 and is expected to reach USD 142.6 billion in 2022.
b. The global weight management market is expected to grow at a compound annual growth rate of 9.7% from 2022 to 2030 to reach USD 298.7 billion by 2030.
b. North America dominated the weight management market with a share of 36.4% in 2021. This is attributable to the growing population of overweight and obese population and the increasing incidence of hypertension and diabetes.
b. Some key players operating in the weight management market include Herbalife International, Inc.; NutriSystem, Inc.; Weight Watchers International, Inc.; eDiets.com; BRUNSWICK CORPORATION; Ethicon US, LLC; and GOLD'S GYM.
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