Weight Management Market: Global Industry Growth, Market Share and Forecast 2019-2025

The weight management market is anticipated to showcase considerable growth during the forecasted period. Weight management is the process to maintain healthy body weight depending on age, gender, and height of the person by adopting lifestyle and dietary changes. Weight management providers enable the customer to achieve and stay at the best weight possible, with reference to his/her overall health, occupation, and lifestyle. For attaining managed weight the individuals need to adopt meal replacement products, low-calorie foods and beverages, weight loss supplements, low-calorie sweeteners, green tea/herbal tea, exercise programs, and surgery among others.

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The increasing awareness of health among the population and the rising prevalence of chronic diseases, including diabetes, obesity, high cholesterol, and heart attacks, are among the key factors driving the growth of the weight management market across the globe. According to the report of the Canadian Institute of Health Research, more than 1.6 million Canadians are suffering from heart disease. Heart disease is the second leading cause of death after cancer in Canada. Nine out of ten Canadians over 20 years of age have at least one heart disease risk factor. As many as 45,000 Canadians suffer a sudden cardiac arrest every year, according to the Cardiovascular and Stroke Foundation of Canada.
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According to the estimation of the International Diabetes Federation (IDF) around 382 million people had diabetes across the globe in 20013, and by 2035, this was predicted to rise to 592 million. According to the Institute for Health Metrics and Evaluation, an estimated 160 million citizens of the US are either overweight or obese. To stay healthy and fit consumers are rapidly becoming health conscious and are highly engaged in the adoption of nutritious diets and workout programs. The increased prevalence of obesity and overweight has put a significant strain on the budgets of public healthcare across the globe. Therefore, through incentives and wellness programs, governments and corporations are taking steps to reduce the incidence of overweight and obesity, thus leading to the development of the global weight management industry.

Current market trends covered in the market report
• A considerable rise in the household disposable income across the globe.
• Growth in the prevalence of chronic diseases including diabetes, heart attack, and obesity among others.
• North America is projected to hold a significant position in the global weight management market during the forecast period.
• The growing number of fast-food chains in India and China is one of the major opportunities for the weight management market growth in the Asia-Pacific region.

Weight Management Market Segmentation
By Diet
• Food & Beverages
• Supplements
By Equipment
• Fitness Equipment
• Surgical Equipment

Weight Management Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle-East, Africa

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This release was published on openPR.