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Online Weight Loss Services in the US - Industry Market Research Report

Publisher IBISWorld
Published Oct 23, 2024
Length 80 Pages
SKU # IBSS19340743

Description

Online Weight Loss Services in the US - Industry Market Research Report


Online Weight Loss Services in the US

Industry demand has been driven by the prevalence of obesity in the domestic population coupled with continued adoption of internet platforms. Consumers that have become increasingly comfortable using the internet have turned toward industry players for weight management consultations, products, and resources. Even the largest weight loss enterprises have continually invested in online platforms to provide services, benefiting from large existing client bases. This dynamic was further amplified by the restrictive environment created by the pandemic. Total industry revenue has increased at a CAGR of 0.5% to reach $1.9 billion in revenue, including an expansion of 4.3% in 2023 alone as profit reaches 7.2%.

This industry provides internet membership programs to consumers to assist them in losing weight or maintaining a desired weight. Online weight loss services generate revenue through subscription-based accounts and product sales. This industry does not include fitness tracking applications nor companies that generate their primary revenue through external advertisements and promotions.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

80 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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