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Weight Loss and Diet Management Market Size Forecasted To Achieve $42.66 Billion By 2029 With Steady Growth
The Weight Loss and Diet Management Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Weight Loss and Diet Management Market Size and Projected Growth Rate?
Over the past few years, there has been a significant expansion in the size of the weight loss and diet management market. This market, valued at $29.38 billion in 2024, is expected to reach $31.28 billion in 2025, recording a compound annual growth rate (CAGR) of 6.5%. This growth during the historical period is connected to a rise in health consciousness, an increase in sedentary lifestyles, omnipresence of lifestyle-related diseases, provision of nutritional education programs, government's health-public initiatives, and convenience in availing weight loss solutions.
The market size for diet management and weight loss is projected to witness robust expansion in the upcoming years, escalating to $42.66 billion by 2029 at a compound annual growth rate of 8.1%. The anticipated growth during the forecast period may be attributed to the increasing demand for vegetarian and vegan diets, adoption of telehealth, emphasis on sustainable and long-lasting solutions, advancements in meal substitute products, and genetic testing for individualized nutrition, coupled with online health-centric communities. Predominant trends during this period encompass the digital transformation of weight loss schemes, tailoring of nutrition and diets, the application of artificial intelligence and machine learning in diet structuring, virtual coaching complemented by telehealth, the amalgamation of health applications with wearable technology, and the impactful role of social media on diet tendencies.
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What Are the Major Segments in the Weight Loss and Diet Management Market?
The weight loss and diet management market covered in this report is segmented -
1) By Diet: Better-For-You-Food And Beverages, Meal Replacements, Low-Calorie Sweeteners, Other Diets
2) By Equipment: Fitness Equipment, Surgical Equipment
3) By Service: Fitness Center And Health Clubs, Slimming Centers And Commercial Weight Loss Center, Consulting Services, Online Weight Loss Programs
4) By Application: Small Retail, Online Distribution, Multilevel Marketing, Large Retail, Health And Beauty Stores
Subsegments:
1) By Better-For-You Food And Beverages: Low-Fat Foods, Whole Grain Products, Fortified Foods
2) Herbal Supplements, Protein Supplements, Fat Burners
3) By Meal Replacements: Bars, Shakes, Ready-to-Eat Meals
4) By Low-Calorie Sweeteners: Natural Sweeteners, Artificial Sweeteners
5) By Other Diets: Paleo Diet, Intermittent Fasting, Plant-Based Diets
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What Are The Driving Weight Loss and Diet Management Market Evolution?
The weight loss and diet management market is anticipated to experience accelerated growth due to an uptick in the number of bariatric surgeries. These surgeries, which modify the digestive system to facilitate weight loss, include a variety of procedures. Bariatric surgery aids in weight reduction by changing the way the stomach and small intestines digest food. For example, the National Library of Medicine, supervised by the US federal government, reported in February 2024 that there was a significant rise in MBS surgeries from about 262,893 in 2021 to 280,000 in 2022. This equates to a 6.5% surge in MBS surgeries in 2022 compared to 2021, and a remarkable 41% rise from 2020, demonstrating a resurgence from the COVID-19 pandemic's impact. Thus, the increasing frequency of bariatric surgeries is a significant factor driving the expansion of the weight loss and diet management market.
Which Firms Dominate The Weight Loss and Diet Management Market Segments?
Major companies operating in the weight loss and diet management market are Weight Watchers International Inc., Nutrisystem Inc., Kellogg Company, Herbalife Ltd., Apollo Endosurgery Inc., Medifast Inc., Atkins Nutritionals Inc., Health Total, Fitelo, Pulse Nutri Science Private Limited, Life Extension Foundation, Slimming World Ltd., Herbal Magic LLC, WeightNot LLC, Diet Center Group, Lindora LLC, Quick Weight Loss Centers LLC, The Camp Transformation Center, The Biggest Loser Resort, Noom Inc., MyFitnessPal LLC, The Beachbody Company Inc.
What Trends Are Expected to Dominate the Weight Loss and Diet Management Market in the Next 5 Years?
One significant trend emerging within the weight loss and diet management market is the progression of technology. Prominent companies within this sector are continually innovating and integrating advanced technologies to maintain their market standing. For instance, GNC Holdings LLC, an American multinational company offering health and wellness products, introduced the Total Lean GlucaTrim in January 2024. This novel, over-the-counter, plant-based supplement is designed to assist with weight loss, promote lean muscle mass, and help regulate blood sugar and insulin levels. Targeted towards health-focused consumers, it integrates scientifically proven ingredients like Slimvance, a mix of turmeric, moringa and curry leaf extracts that enhance metabolism. Reducose, another ingredient derived from white mulberry leaf extract, aids in controlling blood glucose and insulin response post meals. Chromax chromium picolinate and berberine also feature in its formulation, providing additional glucose and insulin support.
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Which Is The Largest Region In The Weight Loss and Diet Management Market?
North America was the largest region in the weight loss and diet management market in 2024. The regions covered in the weight loss and diet management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Weight Loss and Diet Management Market?
2. What is the CAGR expected in the Weight Loss and Diet Management Market?
3. What Are the Key Innovations Transforming the Weight Loss and Diet Management Industry?
4. Which Region Is Leading the Weight Loss and Diet Management Market?
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