Weight loss and diet management market size and growth: The world weight loss and diet management product and services market price is estimated to outstand USD 2786 million by 2023 rising at an expected CAGR of over 7.42% from 2018 to 2023.
Weight loss and diet management Market Overview:
Maintaining weight at a healthy level could be difficult for some people due to a complicated genetic system of the body. Medical condition, lifestyle, and diet, among others, are some of the reasons which will contribute to weight gain in people.
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Weight loss and diet management Market drivers and restraints:
Growing knowledge among the people about health and fitness has fueled weight loss and diet management product & services demand. With the ever-rising variety of fitness centers and slimming centers, the merchandise and services market is growing at a quick rate, and additional users are getting retaliated with it to gain a better and healthy lifestyle. Government initiatives and education on health risks of being overweight and agitated lifestyle might also be attributed to the market growth.
Report segmented as:
- Food and beverages
- Diet supplements
- Fitness training equipment
- Surgical equipment
- Fitness centers
- Consulting services
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Based on geography, the market is segregated across North America, Europe, Asia-Pacific, and LAMEA. North America held the most significant share in the market because of the high adoption of weight loss management services by the massive overweight population.
Important market players:
Major players in the market include Weight loss diet companies – Herbalife Ltd., Atkins Nutritionals Inc., NutriSystem, Inc., and Kellogg Company. Weight loss drugs companies- Zydus Cadila Healthcare Ltd., Arena Pharmaceuticals, Health Biotech Ltd., Avestia Pharma, etc. Weight loss equipment companiesMedtronic Inc., Ethicon Inc., Olympus Corporation, Johnson Health Technology Co., Ltd, Cybex International, Brunswick Corporation. Weight loss service provider companies eight Watchers International, Inc., The Golds Gym International, VLCC Healthcare Ltd, Duke Diet & Fitness Centre, Equinox, Inc., Slimming World, 24 hours Fitness, Fitness First Group, Town Sports International Holdings, Inc. and others.
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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