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Growth Projection and Market Dynamics of the Global Weight Loss Services Market: 2025 Forecast
Weight Loss Services Market Size
What Is The Projected Market Size Of The Global Weight Loss Services Market And Its Growth Rate?
The global weight loss services market has witnessed strong growth recently and is projected to further grow as follows:
• In 2024 Market Size: $16.81 billion
• In 2025 Projected Market Size: $18.25 billion (8.5% CAGR)
• In 2029 Projected Market Size: $27.1 billion (10.4% CAGR)
The infusing factors of this growth include changing societal perceptions of body image, commercial weight loss programs, the fitness and wellness industry's growth, and evolving lifestyle along with dietary patterns.
What Is Driving The Growth In The Global Weight Loss Services Market?
The bulge in the aging population is a significant factor for the growth of the weight loss services market. Obesity and overweight are common problems with elderly people due to changes in body composition, including a rise in fat mass and a reduction in lean mass and bone density. According to the United Nations Department of Economic and Social Affairs, by 2030, one out of every six individuals globally will be 60 years old or older. Therefore, the increase in the global aging population drives the weight loss services market's growth.
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Who Are the Key Players Driving Weight Loss Services Market Growth?
The key players of the weight loss services market include
• Herbalife Nutrition Ltd
• NutriSystem Inc
• Atkins Nutritionals Inc
• Gold's Gym International Inc
• Jenny Craig Inc
• WW International Inc
• Apollo Endosurgery Inc
• Ingredion Incorporated
• Noom Inc
• MyFitnessPal
What Are The Key Trends In The Global Weight Loss Services Market?
Several emerging trends are steering the growth of the weight loss services market, such as
• Expansion of corporate wellness programs
• Emphasis on sustainable and long-term results
• Incorporation of behavioral modification techniques
• Scientific advancements in nutrition and exercise physiology
What Are The Segments Of The Global Weight Loss Services Market?
The Weight loss services market is divided into
1) By Service: Slimming Centers, Fitness centers, Consulting services, Weight loss programs
2) By Equipment: Fitness Equipment, Surgical equipment
3) By Diet: Meal, Beverages
4) By Medications: Drugs, Supplements
Which Region Leads The Global Weight Loss Services Market?
In 2024, North America was the largest region in the weight loss services market. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Global Weight Loss Services Market Report?
- Market Size Analysis: Analyze the weight loss services market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the weight loss services market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall weight loss services market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the weight loss services market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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