Press release
Weight Management Market Report 2024: Growth, Trends, Analysis, Forecast 2033
The new report published by The Business Research Company, titled ""Weight Management Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the weight management market size has grown strongly in recent years. It will grow from $349.46 billion in 2023 to $384.06 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The weight management market size is expected to see strong growth in the next few years. It will grow to $545.07 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%.
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Obesity's Impact On The Growing Weight Management Market
The increasing obesity is expected to boost the growth of the weight management market going forward. Obesity is a medical condition characterized by an excessive accumulation of body fat, to the extent that it may have adverse effects on health. The rising incidence of obesity propels the weight management market, driven by individuals seeking solutions to address health risks associated with excess weight, fostering a growing demand for products and services that promote weight control and healthier lifestyles. For instance, in May 2022, according to the World Obesity Atlas 2022, published by World Obesity Federation, a UK-based non-profit organization, one billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030 and it will be increased to 4 billion people or 51% of the global population, will be living either overweight or obese by 2035. Therefore, the growing obesity is driving the growth of the weight management market.
Exploring Product Trends In The Evolving Weight Management Market
Product innovations are a key trend gaining popularity in the weight management market. Companies operating in weight management are developing new products to strengthen their position in the market. For instance, in February 2022, Zeonutra, an Indian-based company manufacturing weight management products, launched a slim plus product. This product is totally organic with unique organic vegan nutritional supplements that contain slimbiome. This can be used by vegan consumers and is helpful in the reduction of weight with natural supplements.
The weight management market covered in this report is segmented -
1) By Diet: Functional Beverages, Functional Food, Dietary Supplements
2) By Equipment: Fitness, Surgical
3) By Services: Health Clubs, Consultation Services, Online Weight Loss Services
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Major companies operating in the weight management market report are Nestlé S.A., Johnson & Johnson Inc., Abbott Laboratories, Medtronic plc, The Kellogg Company, Brunswick Corporation, Glanbia plc, Herbalife Nutrition Ltd., Ethicon Inc., Amer Sports Oyj, Medifast Inc., The Simply Good Foods Company, WW International Inc., Technogym S.p.A., Nutrisystem Inc., Gold's Gym International Inc., Jenny Craig Inc., Iovate Health Sciences International Inc., Central Sports Co Ltd., Life Extension Foundation Buyers Club Inc., Core Health & Fitness LLC, P.R.I.M.E. Nutrition Corporation, Premier Nutrition Company LLC, Apollo Endosurgery Inc., Ultimate Nutrition Inc., Atkins Nutritionals Inc., eDiets.com Inc., Woodbolt Distribution LLC
Contents of the report:
1. Executive Summary
2. Weight Management Market Report Structure
3. Weight Management Market Trends And Strategies
4. Weight Management Market - Macro Economic Scenario
5. Weight Management Market Size And Growth
…..
27. Weight Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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