Global Weight Loss Industry Statistics
February 2017 report format.
Global weight loss industry statistics. The global weight management market size is expected to reach usd 442 3 billion by 2025 according to a new report by grand view research inc. Rising number of overweight and obese population coupled with rising popularity of various commercially available solutions is fueling the growth. The growth of this market is majorly attributed to the growing rate of obesity increasing prevalence of lifestyle diseases and increasing number of bariatric surgeries.
They focus on specific diet plans meals and support networks and earned 6 3 billion in 2015. The global weight management market was worth us 189 8 billion in 2018. The global weight management market size was valued at usd 214 7 billion in 2016 and is expected to grow at a cagr of 8 3 over the forecast period according to the institute of health metrics and evaluation 30 0 of the world s population is either obese or overweight.
Global weight loss diet market 2020 by manufacturers type and application forecast to 2025 offers a comprehensive theory of the global market that sheds light on current future market status. Within that industry commercial weight loss services are where most franchise opportunities exist. The industry grew by 6 4 percent annually from 2015 2017 from a 3 7 trillion to a 4 2 trillion market nearly twice as fast as global economic growth 3 6 percent annually based on imf data.
Oct 14 2020 the expresswire our research report weight loss programs market provides detailed statistics in terms of market size estimates and. With this greater context in mind the weight loss industry as a whole was a 64 billion market in 2014. The weight loss and weight management market is estimated to reach usd 303 81 billion by 2027 from usd 175 94 billion in 2017 at a cagr of 6 9.
Electronic pdf weight management market growth trends. Looking forward the market is projected to reach a value of us 269 2 billion by 2024 registering a cagr of around 6. Weight loss market is now worth a record 72 billion but the number of dieters has fallen due to the growth of the size acceptance and body positivity movement.