The global weight management market size was valued at USD 214.7 billion in 2016 and is expected to grow at a CAGR of 8.3% over the forecast period. 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 reports a high prevalence of chronic diseases including hypertension, diabetes, and orthopedic diseases. Thus, the growing number of obese and overweight populations is driving growth.
Japan weight management market, by diet, 2014-2025 (USD Billion)
An increasing preference for junk food, physical inactivity, and the growing fast food industry is leading to an unhealthy & sedentary lifestyle, which results in weight gain. In addition, increasingly hectic routine and the growing stress are causing people to consume fast food, which is leading to untoward health effects. Thus, all these factors together are fueling growth.
Globalization and digitalization is 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, beverage & supplements, drugs, exercise, and surgical procedures.
The weight management market is segmented into diet, equipment, and services. Diet includes meals, beverages, and supplements. Diet is gaining popularity as a solution for weight loss and management in developed as well as in developing countries. Meals containing the right amount of proteins, fibers, and lesser amount of carbohydrates are considered as an effective weight management method.
Trend of customized and personalized diet plans as per the patient’s physiological conditions is encouraging people for opting diet meals. Beverages including green tea and sliming waters containing catechins and antioxidants help in improving the metabolism of the body, thereby contributing to reduction of stubborn fat. Easy availability and high acceptance of this segment drives the growth of beverage market.
The supplements segment consists of protein mix, herbal powders, tablets, and capsules. This segment is gaining popularity in the market due to ease in availability and effectiveness of supplements, thereby driving the growth of this segment.
The equipment used for weight loss and management includes fitness and surgical equipment. The fitness equipment accounts for the largest share of the market. This equipment includes cardiovascular training equipment, strength-training equipment, and other fitness monitoring equipment. This equipment is easily available and have gained high popularity amongst the young population for losing extra kilos.
The surgical equipment is expected to be the fastest growing segment over the forecast period. This equipment includes minimally invasive/bariatric surgical equipment and noninvasive surgical equipment. Minimally invasive surgical equipment includes equipment such as liposuction procedures and bariatric procedural equipment. In addition, the industry is driven by evolution and adoption of noninvasive surgical equipment including intragastric balloon system, end barriers, and other implants, thereby making the weight loss and management procedures safe and effective.
The services offered include fitness centers, slimming centers, consulting centers and online weight loss services. The fitness centers account for the largest share of the market, owing to their wide array of offerings including cardio and strength building equipment, activity session of aerobics, power yoga, kickboxing, spinning, etc.
Sliming centers include intense activities and high-tech equipment for weight loss and management. Consulting services include consultation for diet, exercise, and behavioral therapy from dieticians, nutritionists, and bariatric physicians for treating obesity. In addition, online weight loss programs are trending, which have gained high acceptance. Thus, this segment is anticipated to grow over the forecast period.
Global weight management market, by services, 2016 (USD Billion)
North America accounts for the largest share of about 46.0% in 2016 This largest share is attributed to the growing population of overweight and obese population and increasing incidence of hypertension and diabetes. In addition, a paradigm shift toward minimally invasive procedures and noninvasive procedures is propelling the growth of the North American weight management industry.
The Asia Pacific region is expected to account for the fastest growth during the forecast period. Factors responsible for this significant growth is the rising awareness of available alternatives for weight loss and management. Increasing popularity of diet plans and fitness centers is further anticipated to trigger the growth.
Some of the major players competing in this industry include Herbalife International, Inc; NutriSystem, Inc.; Weight Watchers International, Inc.; eDiets.com; BRUNSWICK CORPORATION; Ethicon US, LLC: Ethicon Endo-surgery, Inc.; and GOLD'S GYM. These companies hold a strong position globally, mainly due to lesser availability of commercial products and services associated with a strong brand name.
Report Attribute |
Details |
Market size value in 2020 |
USD 288.25 billion |
Revenue forecast in 2025 |
USD 442.3 billion |
Growth Rate |
CAGR of 8.3% from 2017 to 2025 |
Base year for estimation |
2016 |
Historical data |
2014 - 2016 |
Forecast period |
2017 - 2025 |
Quantitative units |
Revenue in USD billion and CAGR from 2017 to 2025 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Diet, equipment, services, region |
Regional scope |
North America; Europe, Asia Pacific; Latin America; MEA |
Country scope |
U.S.; Canada; UK; Germany; China; Japan; Brazil; Mexico; South Africa |
Key companies profiled |
Herbalife International, Inc.; NutriSystem, Inc.; Weight Watchers International, Inc.; eDiets.com; BRUNSWICK CORPORATION; Ethicon US, LLC; GOLD'S GYM |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & 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 & country levels and provides an analysis on the latest trends and opportunities in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global weight management market on the basis of diet, equipment, services, and region:
Diet Outlook (Revenue, USD Billion; 2014 - 2025)
Meals
Beverages
Supplements
Equipment Outlook (Revenue, USD Billion; 2014 - 2025)
Fitness equipment
Surgical equipment
Services Outlook (Revenue, USD Billion; 2014 - 2025)
Fitness centers
Sliming centers
Consultation services
Online weight loss services
Regional Outlook (Revenue, USD Billion; 2014 - 2025)
North America
The U.S.
Canada
Europe
Germany
UK
Asia Pacific
China
Japan
Latin America
Mexico
Brazil
MEA
South Africa
b. The global weight management market size was estimated at USD 267.75 billion in 2019 and is expected to reach USD 288.25 billion in 2020.
b. The global weight management market is expected to grow at a compound annual growth rate of 8.3% from 2019 to 2025 to reach USD 442.3 billion by 2025.
b. North America dominated the weight management market with a share of 45.0% in 2019. This is attributable to the growing population of overweight and obese population and 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.
b. Key factors that are driving the market growth include rising number of overweight and obese population coupled with rising popularity of various commercially available solutions.
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With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others). The report will account for Covid19 as a key market contributor.