Global Weight Loss and Diet Management Market was valued US$ XX Bn in 2018 and is expected to reach US$ 85.61 Bn by 2026, at a XX % CAGR of around during a forecast period.
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The report covers all the trends and technologies playing a major role in the growth of the weight loss and diet management market over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence market growth during this period. People are becoming more health-conscious and continuously striving towards fitness and better healthcare is boosting the global weight loss and diet management market. With the continually increasing number of fitness centers and slimming centers, the products and services market is expanding at a rapid rate, and more users are getting associated with it to achieve a better and healthy lifestyle. Government initiatives and education on health risks of being overweight and hectic lifestyle is also rising to the market growth.
Increasing preference towards low cholesterol, low fatty foods along with growing weight loss supplements demand globally is expected to drive diet management products and services market growth over the forecast period. Additionally, rising awareness among individuals about health and fitness is certainly propelled the weight loss and diet management product & services requirement.
High prices of the product and services which are sometimes not affordable by single users are expected to remain a factor hindering weight loss and diet management product growth. Safety issues associated with the equipment along with the lack of consumer awareness in remote and suburban areas are anticipated to impact weight loss and diet management product growth.
By application, the online fitness center segment is expected to account for the largest share because of increasing awareness about health and fitness among the population, which has resulted in a significant increase in the number of health clubs and gyms across the globe. The online weight programs segment is projected to register the highest growth during the forecast period, due to the popularity of online programs offered through Internet subscriptions.
North America dominated the global demand due to the vast availability of weight management products and better services provided by the industry players across the region. Increasing obesity issues among general consumers over the past few years is led to the high penetration of healthy food and dietary supplements in the region. Favorable government initiatives and funding along with increasing health membership services and rising consumer awareness regarding fitness are expected to direct future growth in the regional market.
The objective of the report is to present a comprehensive analysis of the Global Weight Loss and Diet Management Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Weight Loss and Diet Management Market dynamics, structure by analyzing the market segments and project the Global Weight Loss and Diet Management Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Weight Loss and Diet Management Market make the report investor’s guide.
Scope of Global Weight Loss and Diet Management Market:
Global Weight Loss and Diet Management Market, by Diet:
• Better-For-You-Food & Beverages
• Weight Loss Supplements
• Meal Replacements
• Low-Calorie Sweeteners
Global Weight Loss and Diet Management Market, by Application:
• Small Retail
• Online Distribution
• Multilevel Marketing
• Large Retail
• Health & Beauty Stores.
Global Weight Loss and Diet Management Market, by Region:
• North America
• Middle East & Africa
• Asia Pacific
• Latin America
Key players operated in Global Weight Loss and Diet Management Market:
• Weight Watchers
• Abbott Nutrition
• The Coca-Cola
• Kraft Foods
• Herbalife Ltd
• General Mills
• Amylin Pharmaceuticals
• Amer Sports Corp
• Alpro Ltd
• Ajinomoto Co
• AIDP Inc
• AHD International
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