Weight Loss Products And Services Global Market Report 2023 – By Products (Food, Beverage, Supplements, Other Weight Loss Products), By Services (Fitness Centers, Slimming Centers, Consultation Services, Other Services, Fat Replacers), By Sales Channel (Supermarkets And Hypermarkets, Convenience Stores, Retail Pharmacies, E-Commerce) – Market Size, Trends, And Global Forecast 2023-2032

Weight loss supplements refer to dietary supplements that aid in weight loss by preventing the absorption of fat or carbs, reducing hunger, or accelerating metabolism. However, there is few scientific proof that diet pills are effective. These supplements boost metabolism and thermogenesis while decreasing macronutrient absorption, hunger, body fat, and weight. The main type of weight loss supplements includes liquid, powder, softgels, pills, and other types. A soft gel is a customized capsule that serves as an oral dosage form for medicine. The shells used in soft gels are made up of water, an opacifier, and a plasticizer like glycerin or sorbitol. The ingredients used in weight loss supplements include vitamins & minerals, amino acids, and natural extracts/botanicals. They are used by users age groups ranging from under 18 years, 18 to 40 years, 40 to 50 years, and above 50 years, and they are distributed through offline and online channels. The global weight loss supplements market is segmented – 1) By Type: Liquid, Powder, Softgels, Pills, Other Types 2) By Ingredents: Vitamins & Minerals, Amino Acids, Natural Extracts/Botanicals 3) By Distribution: Offline Channel, Online Channel 4) By End User: Under 18 years, 18 to 40 years, 40 to 50 years, Above 50 years The global weight loss supplements market size will grow from $34.5 billion in 2022 to $39.18 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%. 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 market size of the weight loss supplements is expected to grow to $65.16 billion in 2027 at a CAGR of 13.6%. The growing obese population is driving the growth of the weight loss supplements market. Obesity refers to the abnormal or excessive accumulation of fat, which might impair the health of individuals. In recent years, obesity has become a public health challenge across the globe, with a substantial contribution to global mortality and morbidity. The growing obese population is predicted to boost demand for weight loss supplements as these are widely adopted by individuals as healthy options to reduce weight. For instance, according to the World Health Organization (WHO), over 1 billion people globally are obese currently (2022), of that, 650 million are adults, 340 million are adolescents and 39 million are children. By 2025, around 167 million people; adults and children will become less healthy as they are overweight or obese. Thus, the growing obese population is expected to boost demand for weight loss supplements during the forecast period. Major players in the weight loss supplements market are Glanbia PLC, GlaxoSmithKline PLC, Herbalife Nutrition Ltd., Abbott, Kellogg Company, Nestle, Kraft Heinz Company, Amway Corp, Ajinomoto Co Inc., Nutratech Ltd., Shaklee Corporation, Transparent Labs, Ultimate Life Ltd., and Vitaco. The development of new production technologies and innovative products is a key trend gaining popularity in the weight loss supplements market. Major companies operating in the weight loss supplements market are focused on developing innovative weight loss supplements to meet fast-growing end customer demands and strengthen their position in the market. For instance, Nature's Formulas, a US-based supplement company has developed BioFit, an innovative, industry-leading probiotic weight loss supplement manufactured from natural ingredients. This product includes natural ingredients and 800 milligrams of microbes that can survive harsh stomach acids to quickly improve digestion, increase energy, and speed up fat loss with no side effects. The company has developed this product to target and help customers lose body weight without following strict diet plans, exercise, or weight-reducing surgeries. In January 2022, Solace Nutrition, a US-based medical nutrition company acquired the assets of R-Kane Nutritionals for an undisclosed amount. This acquisition of assets helps Solace Nutrition to create synergy between both brands and enhance its growth while providing a presence in an adjacent nutrition market. R-Kane Nutritionals is a US-based company that specializes in high protein meal replacement products for weight management. Asia-Pacific was the largest region in the weight loss supplements market in 2022, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the weight loss supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The weight loss supplements market consists of sales of chromium picolinate, glucomannan, and conjugated linoleic acid (CLA). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The weight loss supplements market research report is one of a series of new reports from The Business Research Company that provides weight loss supplements market statistics, including weight loss supplements industry global market size, regional shares, competitors with a weight loss supplements market share, detailed weight loss supplements market segments, market trends and opportunities, and any further data you may need to thrive in the weight loss supplements industry. This weight loss supplements market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Weight management refers to a set of practices and behaviors required to keep weight at a healthy level. It involves a long-term strategy that promotes healthy eating and requires daily physical activity. Weight management is used in achieving a healthy weight and controlling cholesterol, blood pressure, and blood sugar, as well as preventing weight-related diseases. The main types of diet covered in the weight management are functional beverages, functional food, and dietary supplements. Functional beverages are nonalcoholic drinks containing vitamins, minerals, amino acids, probiotics, dietary fibers, and added raw fruits. The equipment involved fitness and surgical equipment. The various services include health clubs, consultation services, and online weight loss services. The global weight management market 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 The global weight management market size grew from $311.24 billion in 2022 to $339.74 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. 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 market size of global weight management is expected to grow to $474.03 billion in 2027 at a CAGR of 8.7%. The rapid adoption of online weight loss and management programs is expected to propel the growth of the weight management market going forward. Online weight loss and management program refers to a program that emphasizes healthy food, regular aerobic exercise, and cognitive behavioral therapy for long-term weight loss and management. Online weight loss and management programs help grow the weight management by suggesting weight loss techniques, dietary changes, exercise programs, and behavior modifications. For example, in 2020 according to a report from the national library of medicine, a US-based biomedical library, a study was done on 840 patients, which showed that patients receiving an online weight management program lost more weight than those who followed the usual care. It resulted in a small but significant amount of weight loss. Therefore, the adoption of online weight loss and management programs is driving the weight management market. Major players in the weight management market are Amer Sports Oyj, Apollo Endosurgery Inc., Atkins Nutritionals Inc., eDiets.com Inc., Ethicon Inc., Golds Gym International Inc., Herbalife Nutrition Ltd., Jenny Craig Inc., Johnson & Johnson Inc., The Kellogg Company, Nutrisystem, Technogym SPA, WW International Inc., Central Sports, Core Health & Fitness LLC, COVIDien, Life Extension, Medifast Inc., and Medtronic plc. 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. In January 2020, Providence St. Joseph Health, a subsidy of Providence Health and Services, a non-profit healthcare company, acquired HMR weight management services corp. from Merk for an undisclosed amount. With this acquisition, Providence adds a comprehensive weight management tool to its portfolio of health services while the HMR program is now reachable to nearly 1 million patients who receive care in Providence hospitals. Health Management Resources is a US-based company, that offers clinically proven weight loss programs and operates in the weight management market. North America was the largest region in the weight management market in 2022. The regions covered in the weight management industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the weight management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The weight management market includes revenues earned by entities by healthy eating, physical activity, optimal sleep, and stress reduction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The weight management market research report is one of a series of new reports from The Business Research Company that provides weight management market statistics, including weight management industry global market size, regional shares, competitors with a weight management market share, detailed weight management market segments, market trends and opportunities, and any further data you may need to thrive in the weight management industry. This weight management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Online or virtual fitness is the fusion of fitness with technology. Online fitness is when a coach or personal trainer provides people with fitness coaching through the internet. Online or virtual fitness is provided through training videos offered through an app or online dashboard run by the coach. The main devices used to access online/virtual fitness services include smart TVs, smartphones, laptops, desktops, and tablets. Smart TVs and smartphones enable consumers to access online fitness services through apps and track physical activity. Laptops, desktops, and tablets enable consumers to access online fitness services through apps and websites. Major end-user of online/virtual fitness include professional gyms, sports institutions, defense institutes, educational institutions, corporate institutions, and individuals. Professional gyms include physical fitness facilities, weight-reducing clubs, health clubs, and exercise salons. Sports institutions include arenas, stadiums, and sports clubs. Defense institutes provide various self-defense training, including martial arts classes, the use of pepper sprays, and other self-defense weapons. Educational institutions are involved in providing educational training and development. Individuals are a major end-user of online/virtual fitness services such as exercise classes, yoga sessions, meditation classes, sports classes, and others. The global online or virtual fitness market is segmented - 1) By Device Type: Smart TV, Smartphones, Laptops, Desktops, and Tablets 2) By End User: Professional Gyms, Sports Institutes, Defense Institutes, Educational Institutions, Corporate Institutions, Individuals 3) By Revenue Model: Subscription, Advertisement, Hybrid The global online/virtual fitness market size grew from $15.65 billion in 2022 to $21.82 billion in 2023 at a compound annual growth rate (CAGR) of 39.4%. 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 market size of the online/virtual fitness market is expected to grow to $76.57 billion in 2027 at a CAGR of 36.9%. The rising penetration of smart devices is expected to propel the growth of the online/virtual fitness market. Smart devices are devices that are connected to other devices or networks via different wireless protocols such as Bluetooth, Zigbee, NFC, Wi-Fi, LiFi, and 5G and help in keeping track of a person's day-to-day activities. Smart devices enable users to access online fitness content. According to a survey conducted across Australia, Belgium, China, Greece, Ireland, Italy, KSA, Netherlands, Spain, Sweden, the U.K., and the U.S. by OMD Worldwide, a US-based media communications agency, it has been found that 61% of people own a smart device. Therefore, the rising penetration of smart devices is driving the growth of the online-virtual fitness market. Major players in the online/virtual fitness market are ClassPass Inc., FITBIT, Inc., Fitness On Demand, Les Mills International Ltd., Navigate Wellbeing Solutions, Reh-Fit Centre, Sworkit Company, Viva Leisure, Wellbeats Inc., Zwift, Peloton Interactive, Inc., Health Clubs & Gyms, Fast Lean Fitness centre and Gym, Charter Fitness Inc., and MoveGB. The on-demand offering is a key trend gaining popularity in the online-virtual fitness market. On-demand online fitness services enable consumers to access fitness sessions at their convenience with their choice of workout programs, exercise difficulty levels, and trainers. For instance, in May 2022, Johnson Health Technology Company, a US-based online fitness services company, launched Matrix Connected solutions through which gyms and fitness owners can create digital experiences for their members and people can take on-demand exclusive training cycles. In October 2021, LifeSpeak Inc., a leading provider of mental health and total wellbeing platform, acquired LIFT Digital Inc., an online wellness company. With this acquisition, LifeSpeak aims to capitalize on LIFT’s client base which includes many blue-chip organizations, and execute on its plan to accelerate growth through acquisitions. North America was the largest region in the online/virtual fitness market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the online/virtual fitness market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the online/virtual fitness market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The online/virtual fitness market includes revenues earned by entities by providing services, which can be used for the online accessibility of health and wellness to fitness-conscious consumers or persons who might not be keen or able to visit a gym. Virtual or online fitness is a convenience-based fitness/wellness service to the users to access a trainer online/virtually rather than visiting the fitness facility. Usually, the fitness training videos are provided on the web dashboards or fitness apps that are managed by the fitness trainer. In addition, virtual fitness sensors in smartphones and wearable enable various virtual fitness applications like sleep monitoring and running rhythm tracking to enhance users’ lifestyles and health. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The online/virtual fitness market research report is one of a series of new reports from The Business Research Company that provides online/virtual fitness market statistics, including the line/virtual fitness industry global market size, regional shares, competitors with an online/virtual fitness market share, detailed online/virtual fitness market segments, market trends and opportunities, and any further data you may need to thrive in the online/virtual fitness industry. This online/virtual fitness market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The meal replacement are used as a substitute for solid foods that contain the required quantities of calories and nutrients for the body. Meal replacement refers to a protein- and nutrient-enriched product intended to replace a meal. These are available in powdered drink form or as ready-made drinks. The main types of products in the meal replacement market are powdered products, edible bars, ready-to-drink, and others. Powdered products refer to the products that are available in various powdered forms and are mainly intended as substitutes for various solid foods with the necessary amounts of calories and nutrients that are required for the body. These are used in weight gain, weight loss, physical fitness, wound healing, and other applications and are distributed through hypermarkets, supermarkets, convenience stores, online, and other distribution channels. The global meal replacement market is segmented - 1) By Product: Powdered Products, Edible Bars, Ready-to-Drink, Other Products 2) By Application: Weight Gain, Weight Loss, Physical Fitness, Wound Healing, Other Applications 3) By Distribution Channel: Offline, Hypermarkets and Supermarkets, Convenience Stores, Online, Other Distribution Channels The global meal replacement market size grew from $16.16 billion in 2022 to $17.51 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. 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 market size of global meal replacement is expected to grow to $23.32 billion in 2027 at a CAGR of 7.4%. The increasing prevalence of obesity and diabetes is expected to propel the growth of the meal replacement market going forward. Increasing diabetes is due to factors such as ethnicity, aging, and lifestyle. Meal replacement products are mostly used to treat diabetes by maintaining weight loss. However, as they are high in nutrients yet low in calories, they can also be used to treat obesity. For instance, In December 2021, according to the statistics published by International Diabetes Federation, a Belgium-based, non-profit diabetes association, 537 million adults (20-79 years) recorded living with diabetes, and 6.7 million people died of diabetes in 2021. However, by 2030, it is anticipated that there will be 643 million people worldwide will have diabetes . Therefore, the increasing prevalence of obesity and diabetes is driving the growth of the meal replacement market. Major players in the meal replacement market are Abbott Laboratories, Amway Corp., Atkins, Blue Diamond Growers, General Mills Inc., Glanbia plc, Herbalife Nutrition Ltd., Huel Ltd., Kellogg Company, Nestle SA, The Kraft Heinz Company, Unilever plc, Usana Health Sciences Inc., GlaxoSmithKline plc., SlimFast, Nu Skin Enterprises Inc., and Bob’s Red Mill Natural Foods. Innovation in meal replacement products is a key trend gaining popularity in the meal replacement market. Companies in the meal replacement industry are forming various partnerships to develop new technologies and launch new products. For instance, in May 2021, Unilever, a UK-based company operating in meal replacement products, partnered with ENOUGH, a UK-based food-tech company. This partnership develops new plant-based meat products using ENOUGH's unique zero-waste fermentation process technology and will increase Unilever's potential with future innovations in the meal replacement portfolio. In 2022, Solace Nutrition, a medical nutrition company that manufactures effective nutrition formulas as dietary supplements to help individuals manage their nutritional needs, acquired R-Kane Nutritional for an undisclosed amount. This acquisition helps Solace’s strategic extension into an adjacent nutrition market. R-Kane Nutritional is a US-based company that specializes in high protein meal replacements for managing weight in individuals. North America was the largest region in the meal replacement market in 2022. Asia-Pacific is expected to be the fastest-growing region in the meal replacement market share in the forecast period. The regions covered in the global meal replacement market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the meal replacement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The meal replacement market consists of sales of drinks, bars, soups, sprakling water. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The meal replacement market research report is one of a series of new reports from The Business Research Company that provides meal replacement market statistics, including meal replacement industry global market size, regional shares, competitors with a meal replacement market share, detailed meal replacement market segments, market trends and opportunities, and any further data you may need to thrive in the meal replacement industry. This meal replacement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Body fat reduction is the process of reducing excess body fat with several objectives, such as improving body aesthetics and shape, with the assistance of surgeries and operations. In addition to exercises and a healthy diet, surgical and non-surgical methods are also effective ways to get rid of excess fat. Body fat reduction offers solutions to reduce excess body fat.  The body fat reduction procedure can be carried out through procedures such as surgical, liposuction, abdominoplasty, non-surgical, cryolipolysis, and ultrasound. Surgery involves abrading, cutting, suturing, and physically changing body tissues and organs in medical spas, hospitals, and clinics. The global body fat reduction market is segmented - 1) By Procedure: Surgical, Liposuction, Abdominoplasty, Non-Surgical, Cryolipolysis, Ultrasound 2) By Gender: Male, Female 3) By Service Provider: Medical Spas, Hospitals, Clinics The global body fat reduction market size grew from $10.58 billion in 2022 to $11.58 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. 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 market size of the body fat reduction is expected to grow to $16.47 billion in 2027 at a CAGR of 9.2%. A significant rise in obesity rates and obese population is driving demand for body fat reduction techniques. Obesity is a significant public health crisis and so, obese patients are preferring solutions to reduce excess body fat. According to WHO, global obesity has tripled since 1975. In the USA, for instance, 16 states have obesity rates of 35% or higher as of 2021. Therefore, increasing obese population is driving the growth of the body fat reduction market. Major players in the body fat reduction market are AbbVie Inc. (Allergan Inc.), Apollo Hospitals Enterprise Limited, Cutera, Inc., Cynosure, LLC., Vlcc Health Care Limited, The Plastic Surgery Clinic, Bausch Health Companies Inc., Lumenis, Ltd., Sciton, Inc., Sisram Medical Ltd., Elite Body Sculpture, Fosun Pharmaceuticals Co. Ltd., VIDA Wellness and Beauty, and JK Plastic Surgery Center. Technological developments are a key trend gaining popularity in the body fat reduction market. These technological advances include new and improved body fat reduction methods. In January 2020, the Massachusetts General Hospital (MGH) laboratory developed a new form of technology that can selectively reduce fat using a safe, injectable ice solution or slurry. In 2020, Dominion Aesthetic Technologies launched EON, an innovative body contouring device. In October 2021, Xponential Fitness, a US-based fitness company, acquired Body Fit Training (BFT), an Australian fitness franchise. This acquisition helps Xponential Fitness to add a functional training and strength-based brand to its portfolio. BFT offers training methods for reducing fat and creating lean muscle through a variety of coaching sessions. North America was the largest region in the body fat reduction market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the body fat reduction market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the body fat reduction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The body fat reduction market includes revenues earned by entities by tumescent liposuction, ultrasound-assisted liposuction, laser assisted liposuction, and power assisted liposuction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The body fat reduction market research report is one of a series of new reports from The Business Research Company that provides body fat reductionmarket statistics, including body fat reduction industry global market size, regional shares, competitors with a body fat reduction market share, detailed body fat reduction market segments, market trends and opportunities, and any further data you may need to thrive in the body fat reduction industry. This body fat reduction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A fitness app refers to an application that can be downloaded on any mobile device and is used as a platform to promote healthy behavior change with personalized workouts, fitness advice, and nutrition plans. Fitness apps may work in conjunction with wearable devices to synchronize their health data to third-party devices for quick accessibility. It is used to provide the user with instructions and examples of exercise, nutritional programs, physical activity, or fitness topics. The main types of fitness apps are workout and exercise apps, disease and lifestyle management, nutrition and diet, and medication adherence. Disease management is the concept of decreasing health care costs and improving the quality of life for individuals with chronic conditions by preventing or minimizing the effects of the disease through integrated care. The various platforms include Android, iOS, and other platforms. The several devices include smartphones, tablets, and wearable devices, and are used for tracking, training, fitness games, and other applications. The global fitness app market is segmented - 1) By Type: Workout and Exercise Apps, Disease Management, Lifestyle Management, Nutrition and Diet, Medication Adherence 2) By Platform: Android, iOS, Other Platforms 3) By Device: Smartphones, Tablets, Wearable Devices 4) By Application: Tracking, Training, Fitness games, Other Applications The global fitness app market size will grow from $10.13 billion in 2022 to $12.68 billion in 2023, at a compound annual growth rate (CAGR) of 25.2%. 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 market size of the fitness app is expected to grow to $29.16 billion in 2027 at a CAGR of 23.1%. The increase in prevalence of chronic diseases is expected to propel the growth of the fitness app market going forward. Chronic diseases are diseases that persist for a longer period of time, such as obstructive pulmonary disease, diabetes, and cancer. Fitness apps help people suffering from chronic diseases to better manage their conditions.For instance, in October 2022, the Centers for Disease Control and Prevention report, a US-based national public health agency, 6 in 10 Americans are suffering from at least one chronic disease like cardiovascular, cancer, or diabetes.. Further, in 2021, according to the report published by the International Diabetes Federation, there are 537 million individuals living with diabetes around the world in 2021, and the number is expected to reach 643 million by 2030. Therefore, the increased prevalence of chronic diseases is driving the fitness app market growth. Major players in the fitness app market are Appster, Adidas AG, Asics America Corporation, Fitbit Inc., Azumio Inc., Fitnesskeeper Inc., Google LLC, Fooducate, Kayla Itsines, Nike Inc., Kayla Itsines, Strava Inc., Lifesum AB, YAZIO, and AllTrails LLC. Technology advancements have emerged as the key trend gaining popularity in the fitness app market. Major companies operating in the fitness app sector are focused on technological advancements to sustain their position in the market. For instance, in 2021, Train Fitness, a UK-based company operating a fitness app, released the first-ever hands-free workout-tracking software based on artificial intelligence (AI). It detects workouts and tallys reps as users work out. This software uses AI to analyze motion data from the watch to derive an expertise-level analysis of workouts. In July 2021, iFIT Health & Fitness Inc., a US-based health and fitness technology company, acquired Sweat for an undisclosed amount. The acquisition of Sweat boosts iFIT’s presence in the global digital fitness market and accelerates the company’s delivery of interactive fitness experiences for consumers worldwide. Sweat will be branded as part of iFIT. Sweat is an Australia-based fitness app for women's health and fitness. North America was the largest region in the fitness app market in 2022. The regions covered in the fitness app market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fitness app market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The fitness app market includes revenues earned by entities by providing fitness tracking activity, diet control nutrition tracking, users management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fitness app market research report is one of a series of new reports from The Business Research Company that provides fitness app market statistics, including fitness app industry global market size, regional shares, competitors with a fitness app market share, detailed fitness app market segments, market trends and opportunities, and any further data you may need to thrive in the fitness app industry. This fitness app market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

A fitness tracker refers to a device that uses sensors to track orientation, movement, and rotation. The device collects data and converts it into steps, calories, sleep quality, and overall activity performed by the wearer during the day. The main device types in the fitness tracker market are smart watches, fitness banks, smart glasses, smart clothing and other device types. A smartwatch refers to a digital watch that provides many other features besides timekeeping. The various applications involved are heart rate tracking, sleep measurement, glucose measurement, sports, running and cycling tracking. The distribution channels are online, retail, and other distribution channels. The global fitness tracker market is segmented - 1) By Device Type: Smart Watches, Fitness Band, Smart Glasses, Smart Clothing, Other Device Types 2) By Application: Heart Rate Tracking, Sleep Measurement, Glucose Measurement, Sports, Running, Cycling Tracking 3) By Distribution Channel: Online, Retail, Other Distribution Channel The global fitness tracker market size grew from $38.56 billion in 2022 to $46.46 billion in 2023 at a compound annual growth rate (CAGR) of 20.5%. 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 market size of the fitness tracker market is expected to grow to $94.3 billion in 2027 at a CAGR of 19.4%. The increase in incidence of health disorders is expected to propel the growth of the fitness tracker market going forward. A health disorder refers to a condition that has known physical causes and visible psychopathology. With a fitness tracker, there will be physical activity every day, which helps in preventing various health disorders. For instance, in 2020, according to the World Health Organization, a US-based government agency, chronic disease prevalence is expected to rise by 57%. Therefore, the increasing incidence of health disorders is driving the growth of the fitness tracker market. Major players in the fitness tracker market are Apple Inc., Garmin Ltd., Google LLC (Alphabet Inc.), Huawei Technologies Co. Ltd. (Huawei), NIKE Inc., Samsung Electronics Co. Ltd., Xiaomi Inc., Adidas Inc., Jawbone, Polar, Beienda, Ambiotex GmbH, Hexoskin, Fossil Group Inc., and TomTom N.V. Technological advancement is a key trend gaining popularity in the fitness tracker market. Major companies operating in the fitness tracker market are engaging in technological advancements to sustain their position in the market. For instance, in April 2021, Fitbit, a US-based consumer electronics and fitness company that is operating in the fitness tracker market, launched Fitbit Luxe, a fashion-forward health and wellness tracker with the fundamentals like heart and sleep tracking, breathing rate, stress management, and other such features. It added a touch of luxury with a stainless steel case and colour AMOLED display technology. It has a blood oxygen sensor and keeps track of stress with a daily stress score, sleep, heart rate, steps, active zone minutes, and 50-meter water resistance. In January 2021, Google, a US-based technology company, acquired Fitbit for $2.1 billion. Through this acquisition, Google aims to expand its fitness platform portfolio and make health and wellness more accessible to more people. Fitbit is a US-based consumer electronics and fitness company that produces wireless-enabled wearable technology, physical fitness monitors, and activity trackers such as smartwatches. North America was the largest region in the fitness tracker market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fitness tracker market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fitness tracker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The fitness tracker market consists of sales of basic fitness trackers, heart rate monitoring trackers, and heart rate monitoring trackers with GPS. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fitness tracker market research report is one of a series of new reports from The Business Research Company that provides fitness tracker market statistics, including fitness tracker industry global market size, regional shares, competitors with a fitness tracker market share, detailed fitness tracker market segments, market trends and opportunities, and any further data you may need to thrive in the fitness tracker industry. This fitness tracker market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Home fitness equipment refers to any equipment or tool used during physical activity at home to improve the experience or results of a workout regimen by adding fixed or adjustable quantities of resistance or to otherwise improve the strength or conditioning effects of that exercise. The main product types of home fitness equipment are treadmills, elliptical machines, rowing machines, strength training equipment, and others with applications in homes, small gyms, offices, and others. An elliptical machine is a stationary workout machine that allows you to climb stairs, walk, or run without putting too much strain on the joints, reducing the chance of impact injuries. It is distributed through offline retail stores, online retail stores, and direct selling and is used in homes, small gyms, offices, and others. The global home fitness equipment market is segmented - 1) By Product: Treadmills, Elliptical Machines, Rowing Machines, Strength Training Equipment, Other Products 2) By Applications: Home, Small Gyms, Offices, Other Applications 3) By Distribution Channel: Offline Retail Stores, Online Retail Stores, Direct Selling The global home fitness equipment market size is expected to grow from $15.13 billion in 2022 to $16.55 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. 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 market size of global home fitness equipment is expected to grow to $24.28 billion in 2027 at a CAGR of 10.1%. Precautionary healthcare coupled with an increasing preference for customized workout regimes has contributed to the growth of the home fitness equipment market. Today people are inclined towards maintaining an active lifestyle with regular exercise which can maintain a healthy weight and decrease the risk of chronic diseases. According to the Mayo Clinic, an American nonprofit academic medical center, 150 to 300 minutes of moderate-intensity activity is needed in a week which includes physical activities such as fast walking or swimming as an important part of preventive care and to prevent weight gain. People prefer to have a customized workout and are getting trained by online experts and individual training courses in order to meet their requirements. Preventive and precautionary healthcare and customized workout regimes have increased the demand for home fitness equipment market. Major players in the home fitness equipment market are Cybex, Nautilus, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, TRUE Fitness, Vectra Fitness, Woodway, HOIST Fitness Systems, Amer Sports, Icon Health And Fitness, Torque Fitness LLC., Impulse (Qingdao) Health Tech Co. Ltd., Brunswick Corporation and Paramount. Space limitation in homes is expected to limit the growth of the home fitness equipment market. People living in cities are confined to small homes or apartments to manage their expenses, which limits the amount of space for fitness equipment. According to the American Council on Exercise, a treadmill or elliptical machine occupies 30 square feet, a stationary bike occupies 10 square feet, a rowing machine occupies 20 square feet, and free weights occupy 20 to 50 square feet of space. Moreover, the average size of a simple weight bench is 50 inches long and 19 inches wide. Therefore, it is difficult for the user to adjust everything in small spaces. Reduced space in houses resulting in space limitation for fitness equipment is hindering the market growth. Virtual reality fitness equipment, accessories and apps are the emerging trends in the home fitness equipment market to get physical workouts, which can inspire and motivate to keep up fitness goals with fun games and real-life training scenarios. They not only inspire and motivate into working out and firming up the body but also saves thousands of dollars on cross trainers, treadmills and stationary bikes. For instance, the VR Fitness Company is creating the world’s first reality gym experience by providing virtual reality fitness machines that are built to give a safe and fun aerobic session for all fitness levels and making exercise a lot more fun and exciting. Virtual reality accessories are also available in the market which is connected to fitness equipment over Bluetooth and are compatible with the fitness equipment. In December 2020, Peloton Interactive, Inc., a US-based exercise and media company acquired Precor Incorporated for an amount of $420 million. Through this acquisition, Peloton increases its increased R&D capabilities, expanded U.S. manufacturing presence, and accelerated commercial vertical expansion to improve the customer experience. Precor Incorporated is a US-based fitness equipment manufacturing company that pioneers in the design, development of fitness programs, and manufacturing of exercise equipment for home and commercial purposes. Asia-Pacific was the largest region in the home fitness equipment market in 2022. Western Europe was the second largest region in the home fitness equipment market report. The regions covered in the home fitness equipment analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the home fitness equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The home fitness equipment market consists of sales of cardiovascular training equipment, stationary cycles, dumbbells, kettlebells, store-based equipment, and in-home gym equipment. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The home fitness equipment market research report is one of a series of new reports from The Business Research Company that provides home fitness equipment market statistics, including home fitness equipment industry global market size, regional shares, competitors with a home fitness equipment market share, detailed home fitness equipment market segments, market trends and opportunities, and any further data you may need to thrive in the home fitness equipment industry. This home fitness equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.