Growing prevalence of chronic diseases such as heart-related diseases, type 2 diabetes, and cancers, are majorly attributed to obesity. Growing prevalence of obesity is increasing the demand for weight loss and management strategies. Growing adoption of sedentary lifestyle, inclination towards consumption of fast food, and genetic factors are fundamental causes of obesity, in turn driving growth of the market for weight loss and weight management.
Weight loss and weight management are measures taken to maintain the body mass ratio of an individual, for overall wellbeing. Obesity is characterized by a body mass ratio of mass is over 30 kg/m2, BMI in range 25-30 kg/m2. Obesity leads to negative health effects such as strokes, high blood pressure, and coronary heart disease.
The weight loss and weight management market includes several meals, beverages, supplements, and fitness equipment as well as surgical procedures to help manage weight. The market is expected to witness rapid growth due to the growing health consciousness among the global populace.
Weight loss and weight management market by taxonomy
Weight Loss and Weight Management Market, by Diet:
Weight Loss and Weight Management Market, by Equipment:
Weight Loss and Weight Management Market, by Service:
Weight Loss and Weight Management Market, by Geography:
Growing prevalence of obesity is expected to boost market growth
North America and Europe are expected to emerge as major shareholders in the global weight loss and weight management market, owing to increasing number of obese cases and growing incidence of hypertension and diabetes in these regions.
According to the National Center for Health Statistics (NCHS), around 36% adult and 17% youth were diagnosed with obesity during 2011–2014, in the U.S. Furthermore, according to World Health Organization, 2014, around 6.9% adults were diagnosed with obesity in China and 4.9% of adults were obese in India. This number is expected to increase significantly due to increasing inclination towards fast food and adoption of unhealthy lifestyle among the populace in the region.
Major Players in weight loss and weight management market includes:
Key companies on the basis of segments: