Weight Management Market Analysis By Diet (Meals, Beverages, Supplements), By Equipment (Fitness Equipment, Surgical Equipment), By Services (Fitness Centers, Slimming Centers, Online Weight loss Service), And Segment Forecasts, 2018 - 2025

Industry Insights

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, growing number of obese and overweight population is driving the growth.

An increasing preference toward 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 the growth.

Japan weight management market, by diet, 2014-2025 (USD Billion)

Globalization and digitalization is ensuring easier access to information about the repercussions of being overweight. This is leading to an increased awareness about various weight management solutions such as diet meals, beverage & supplements, drugs, exercise, and surgical procedures.

Diet Insights

The 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.

Equipment Insights

The equipment used for weight loss and management include 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, endobarriers, and other implants, thereby making the weight loss and management procedures safe and effective.

Service Insights

The services offered include fitness centers, sliming 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)

Regional Insights

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.

Competitive Insights

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 Scope

Segments Covered in the Report

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 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

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

  • Asia Pacific

    • China

    • Japan

  • Latin America

    • Mexico

    • Brazil

  • MEA

    • South Africa