Weight Loss Market Size, Share, Industry Analysis, Trends and Forecast 2027

According to IMARC Group's latest report, titled "Weight Loss Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global weight loss market is expected to exhibit a CAGR of 8.69% during 2022-2027.

Weight loss is the reduction in overall body mass due to the loss of muscles, water, and fat. It primarily dependents on reducing the total intake of calories, regardless of the differing proportions of carbohydrates, fat, and protein in the diet. It can be accomplished through the help of fitness training programs, diet management plans, medications, fitness routines, and surgical procedures, such as sleeve gastrectomy, gastric bypass, and adjustable gastric band. Weight loss assists in improving insulin sensitivity, decreasing the risk of stroke, enhancing mobility, alleviating joint pain, and reducing cancer risk. It also aids in achieving ideal weight as per the body mass index (BMI), improves sleep, and boosts energy levels. Weight loss also has favorable emotional and psychological effects, such as improved mental health, enhanced self-image, mood, and greater self-esteem.

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Market Trends

The increasing prevalence of obesity and associated lifestyle diseases, such as diabetes, hypertension, strokes, orthopedic problems, and cardiovascular diseases (CVDs), is one of the key factors driving the market growth. In addition, a shifting consumer inclination toward fast foods due to a sedentary lifestyle, unhealthy food habits, and hectic work schedules are acting as another growth-inducing factor. Furthermore, the rising demand for bariatric surgeries owing to their effectiveness, low cost, and recent technological advancements that cause lesser pain and discomfort are providing a considerable boost to market growth. Apart from this, the introduction of various dietary supplements containing herbs, fibers, and minerals that aid in boosting the metabolism rate and maintaining a healthy lifestyle is providing an impetus to market growth. Moreover, the increasing consumption of junk food, physical inactivity, and the significant growth in the fast-food industry leading to an unhealthy lifestyle are favoring the market growth. Other factors, including increasing initiatives by several governments to create awareness and promote healthy weight management campaigns, the development of novel drugs and therapeutics, and the rising awareness among consumers regarding the ill effects of unhealthy eating, are supporting market growth.

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List of Key Companies Covered in this Market Report:

Apollo Endosurgery Inc.
Brunswick Naturopathy
Gold's Gym International Inc.
Herbalife Nutrition Ltd.
Jenny Craig Inc.
Johnson & Johnson
Johnson Health Tech. Co. Ltd.
Kellogg Company
Medtronic plc
Nutrisystem Inc.
TECHNOGYM S.p.A
The Simply Good Foods Company
WW International Inc.

The report has segmented the market on the basis of diet, equipment type, service, gender, age group and geography.

Breakup by Diet:

Supplements
Meals
Beverages

Breakup by Equipment Type:

Fitness Equipment
Cardiovascular Equipment
Strength Training Equipment
Others
Surgical Equipment
Minimally Invasive/ Bariatric Equipment
Non-Invasive Equipment

Breakup by Service:

Fitness Centers and Health Clubs
Consulting Service
Surgical Clinics
Online Weight Loss Programs
Others

Breakup by Gender:

Men
Women

Breakup by Age Group:

Below 15 Years
15 to 30 Years
31 to 60 Years
Above 60 Years

Breakup by Geography:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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