Global Weight Loss and Obesity Market Size study & Forecast, by Dietary Supplements (Dietary Food, Dietary Beverages, Dietary Supplements), By Fitness And Surgical Equipment (Cardiovascular Training Equipment, Strength Training Equipment, Fitness Monitoring Equipment, Minimally Invasive Surgical Equipment, Others), By Services (Fitness Clubs, Slimming Centers, Nutrition and Psychological Consulting Services) and Regional Analysis, 2022-2029
Global Weight Loss and Obesity Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. A condition known as obesity involves having too much body fat. Obesity is more than simply a visual issue. It's a medical condition that raises the chance of several conditions and illnesses, including heart disease, diabetes, high blood pressure, and some malignancies. The rising prevalence of obesity and chronic diseases and growing geriatric population base are key factors driving the market growth.
The rising prevalence of obesity worldwide is contributing towards the growth of the Global Weight Loss and Obesity Market. For instance – as per World Obesity Federation estimates -in 2020 globally the total number of adults affected by obesity was estimated at 770 million and this figure is anticipated to reach 1000 million by 2030. Furthermore, increasing number of geriatric individuals is another factor driving the market growth. According to the World Bank Group, the world’s old population was 727 million in 2020, and it is predicted to treble over the next three decades, reaching 1.5 billion in 2050. Also, growing number of health-conscious individuals and rising healthcare infrastructure in developing regions would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Weight Loss and Obesity management products and services stifle the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Weight Loss and Obesity Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players as well as growing prevalence of obesity and associated chronic diseases in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, and growing expansion of healthcare services in the region.
Major market players included in this report are:
Ajinomoto Co. Inc.
Brunswick Corporation
Gold’s Gym International, Inc.
Herbalife Ltd.
Johnson Health Tech Co. Ltd.
Nestle SA
Pepsico Inc.
The Coca-Cola Co.
Nutrisystem Inc.
Amer Sports
Recent Developments in the Market:
In September 2022, Beverage company Meiji launched two new Foods with Function Claims (FFC) intended for reducing belly fat in Japan. These two new products, a yogurt and a yogurt drink contain heat-killed Lactobacillus plantarum OLL2712, also known as MI-2 lactic acid bacteria.
Global Weight Loss and Obesity Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Dietary Supplements, Fitness & Surgical Equipment, Services, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Dietary Supplements
Dietary Food
Dietary Beverages
Dietary Supplements
By Fitness And Surgical Equipment
Cardiovascular Training Equipment
Strength Training Equipment
Fitness Monitoring Equipment
Minimally Invasive Surgical Equipment
Others
By Services
Fitness Clubs
Slimming Centers
Nutrition and Psychological Consulting Services
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Ajinomoto Co. Inc.
Brunswick Corporation
Gold’s Gym International, Inc.
Herbalife Ltd.
Johnson Health Tech Co. Ltd.
Nestle SA
Pepsico Inc.
The Coca-Cola Co.
Nutrisystem Inc.
Amer Sports
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