Weight Management Market with Global Competitive Analysis, and New Business Developments

Comments · 30 Views

The value of the weight management market was nearly USD 157.5 billion in 2023, which will power at a rate of 9.7% by the end of this decade, to reach USD 300.4 billion by 2030.

The value of the weight management market was nearly USD 157.5 billion in 2023, which will power at a rate of 9.7% by the end of this decade, to reach USD 300.4 billion by 2030.

The weight management market is categorized into services, diet, and equipment, based on offering. Further, the diet category is divided into food, beverages, and nutraceuticals. 

Amongst these, beverages will lead the industry in the years to come. This is because of the growing overweight population, growing customer consciousness in developing economies about low-calorie drinks, and growing diabetic population.

The service category is will advance at a highest rate in the coming years. Based on service, the industry is further divided into fitness centers, slimming centers, consulting services, and online weight loss programs. 

 

For Getting Sample Pages of This Report:-

https://www.psmarketresearch.com/market-analysis/weight-management-market/report-sample

 

Online weight loss programs will grow the fastest, because of the growing incidence of obesity, increasing awareness with regards to health and fitness for decreasing the risk of ailments for example diabetes and heart ailments; increasing number of online weight loss events, and rising per capita income in emerging nations.

Likewise, weight loss supplements have protein mixes, herbal powders, capsules, and tablets. Advice with regards to these kinds of such diet plans are available on blogging websites, online magazines, mobile apps, social media platforms, and also conventional clinics and nutritionist offices.

North America will emerge as a market leader in the years to come. According to the 19th yearly report on the nation’s obesity problem, which was issued by Trust for America’s Health in 2022, in the region, obesity is emerging as one of the considerable loads on healthcare. 40% of the American adults are obese, and obesity rates are continually going up around the country and within numerous ethnicities and demographics. 

Therefore, obesity has a considerable total health investment in the U.S., of about USD 173 billion on a yearly basis.

The increasing number of overweight populations all around the globe has a positive impact on the demand for weight management solutions, and this trend will continue in the years to come as well.

 

 

Comments