Steady Growth in the Global Weight Loss and Obesity Management Market

2014-02-17
Published : Feb-2014

Obesity has become one of the major issues plaguing the world and it is considered to be the cause of many lifestyle-related diseases. With increase in obesity and obesity-related diseases, the market for weight loss and obesity management has grown significantly in the last couple of years. In 2012, the weight loss and weight management market was valued at around 265 billion USD. By 2017, the global weight loss and obesity management market is expected to reach a value of 361 billion USD. Some of the key factors that are contributing to the growth in the market are increased awareness about weight management and its benefits and rise in disposable income. Recent technological advancement in the field of weight loss and weight management has also fueled the growth in the market. The largest market for weight loss and obesity management is North America, both in terms of revenue and sales. In 2010, the North American market generated revenue of around 147.8 billion USD.

The global weight loss and weight management market can be segmented into three broad categories which are weight loss diets, weight loss services and weight loss fitness and surgical equipment. The weight loss diet market can be further segmented as weight loss food market, weight loss beverage market and weight loss supplement market. The weight loss food market can be further segmented into five more categories which include meal replacements, low-calorie ready meals, low-calorie desserts, organic food and sugar-free confectionaries. The weight loss beverage market can be segmented as herbal/green tea, low calorie beverage, slimming water and other low-calorie beverages. The weight-loss supplement market can be segmented into four categories which include fiber, protein, green tea extract and conjugated linoleic acid. The weight loss service market can be categorized as slimming centers, fitness centers, and diet, nutrition and psychological consulting services. Weight loss fitness and surgical equipment market can be categorized as fitness equipment market, surgical equipment market and non-invasive surgical equipment market.

Key players in the weight loss diet market are Weight Watchers International Inc., Atkins Nutritionals Inc., Herbalife International Inc. and NutriSystem Inc. In the weight loss services market, the key players are eDiets.com, Equinox Inc., Gold’s Gym International Inc. and Life Time Fitness Inc. The largest segment of the market is represented by weight loss diet market and its growth is primarily fueled by innovative product launches and increase in consumers’ awareness about low-calorie food and beverages. The weight loss beverage market is also a flourishing market with low-calorie beverage and slimming water leading the growth. With greater awareness about health and change in the mindset of people, the market for weight loss and obesity management is predicted to grow in the future.

Explore the latest market research reports on North America obesity management/weight loss market @ http://www.sandlerresearch.org/north-america-obesity-managementweight-loss-market-analysis-2017-forecast.html

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