Weight Loss Services Market Growth Analysis – Insights On Key Drivers, Major Industry Trends, And Top Opportunities
16 May, 2023
The global weight loss services market is expected to grow from $14.46 billion in 2022 to $15.76 billion in 2023 at a compound annual growth rate (CAGR) of 9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The weight loss services market is expected to grow to $21.80 billion in 2027 at a CAGR of 8.4%.
Global Weight Loss Services Market Key Driver
The growing ageing population is expected to drive the growth of the weight loss services market in the coming years. The term "ageing population" refers to an increase in the proportion of elderly people caused by changes in a population's age structure. Weight loss services assist the ageing population, which is obese and has a high prevalence of being overweight due to age-related changes in body composition, which include a progressive rise in fat mass and a decrease in lean mass and bone density.
Get a sample of the global weight loss services market reportGlobal Weight Loss Services Market Segments
The global weight loss services market is segmented:
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
5) By Geography: The regions covered in the weight loss services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global weight loss services market.
Major Weight Loss Services Industry Players
Herbalife Nutrition Ltd., Kellogg Company, NutriSystem Inc., Nu Skin Enterprises, Atkins Nutritionals Inc., Brunswick Corporation, Gold’s Gym International Inc., Jenny Craig Inc., Covidien, eDiets.com Inc., WW International Inc., Apollo Endosurgery Inc.,
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Weight Loss Services Market Overview
Weight loss services are those needed to lose weight, keep it off in the long run, and prevent further weight gain. These services have a variety of health benefits, including lower blood pressure, cholesterol, and blood sugar levels.
Weight Loss Services Global Market Report 2023 provides data on the global weight loss services market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The weight loss services market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.