Global Weight Management Diet Market, By Diet (Meals, Beverages, Supplements), Equipment (Fitness Equipment, Surgical Equipment), Services (Fitness Centers, Sliming Centers, Consultation Services, Online Weight Loss Services) – Industry Trends and Forecast to 2029.
Weight Management Diet Market Analysis and Size
Obesity is a chronic disease that affects approximately 17% of adolescents and children in the United States, as well as more than one in every three adults. As a result, rising obesity raises the risk of type 2 diabetes, fatty liver disease, stroke, and other health problems. As a result, the market is expected to grow significantly in the coming years.
Data Bridge Market Research analyses that the weight management diet market was valued at USD 236.81 billion in 2021 and is expected to reach the value of USD 545.74 billion by 2029, at a CAGR of 11.00% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Weight Management Diet Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Diet (Meals, Beverages, Supplements), Equipment (Fitness Equipment, Surgical Equipment), Services (Fitness Centres, Sliming Centres, Consultation Services, Online Weight Loss Services),
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Countries Covered
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U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Atkins Nutritionals, Inc. (U.S.), Herbalife International of America, Inc. (U.S.), Nutrisystem, Inc. (U.S.), Kellogg Co. (US), Abbott (U.S.), Cargill, Incorporated (U.S.), Ingredion (U.S.), The Kraft Heinz Company (U.S.), PepsiCo (U.S.)
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Opportunities
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Market Definition
Weight management diet, also known as weight loss management, is the process of making long-term lifestyle changes to maintain a healthy body weight based on a person's gender, age, and height. The low carb diets are among the most popular diets for weight loss.
Drivers
- Growing obese population worldwide combined with high prevalence of chronic diseases
One of the primary factors driving market growth is the rising prevalence of obesity. Rising bariatric surgeries, a growing obese population worldwide, and rising disposable income in emerging economies are all driving the weight management diet market forward. Growing Obesity and overweight people are associated with a high prevalence of chronic diseases such as diabetes, hypertension, heart attacks, and orthopaedic diseases all over the world. As a result, the demand for healthy food and a balanced diet is positively driving the weight management diet market growth.
- Growing adoption of diet plans and increase participants in fitness centres
Some of the factors expected to drive the growth of the weight management diet market in the forecast period include rising preference for junk food, increased awareness of available substitutes for weight loss and management, and rising popularity of diet plans and fitness centres.
Opportunities
The rising number of bariatric surgeries is also boosting market growth, which is expected to be lucrative in the coming years. This is due to the fact that, as technology has advanced, bariatric surgeries have become less painful for patients. As a result of these advancements, bariatric surgery is becoming more popular as an effective and long-term alternative to other weight loss techniques. As a result, the increasing number of these surgeries is positively influencing weight management market demand.
Restraints
The negative effects and complications of obesity programmes are likely to impede the growth of the weight management diet market during the aforementioned time frame.
This weight management diet market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Weight Management Diet market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Weight Management Diet Market
COVID-19 had a marginally positive market impact. This is due to increased health awareness among people during the pandemic era. Individuals began to focus on consumption patterns, resolved to curb unhealthy habits, and developed the habit of exercising and focusing on physical health. Individuals found a lot of inspiration and motivation from online videos and social medical channels. However, supply chain disruptions made transportation and distribution of weight management equipment difficult. Furthermore, movement restrictions added to the difficulties.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In September 2020, Apple unveiled the Fitness+, which intelligently incorporates metrics from Apple Watch for users to visualize right on their iPhone, iPad, or Apple TV, offering a first-of-its-kind personalized workout experience.
- In March 2020, CoreX Fit Life created the CoreX, the only fitness machine that has the capability of over 100 exercises, as well as sports simulation in a compact design. The CoreX allows for over 100 exercises for cardio, HIIT, strength training, Pilates, and toning.
Global Weight Management Diet Market Scope
The weight management diet market is segmented on the basis of diet, equipment and services. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Diet
- Meals
- Beverages
- Supplements
Bacteria
- Fitness equipment
- Surgical equipment
Services
- Fitness Centres
- Sliming Centres
- Consultation Services
- Online Weight Loss Services
Weight Management Diet Market Regional Analysis/Insights
The weight management diet market is analysed and market size insights and trends are provided by country, diet, equipment and services as referenced above.
The countries covered in the weight management diet market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & Rest of South America.
North America dominates the weight management diet market because of the increasing population of overweight and obese people, as well as the rising incidence of hypertension and diabetes.
Asia-Pacific is expected to grow in the forecast period of 2022 to 2029 due to the growing popularity of diet plans and fitness centres.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Weight Management Diet Market Share Analysis
The weight management diet market competitive landscape provides details by competitor. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Weight Management Diet market.
Some of the major players operating in the weight management diet market are:
- Atkins Nutritionals, Inc. (U.S.)
- Herbalife International of America, Inc. (U.S.)
- Nutrisystem, Inc. (U.S.)
- Kellogg Co. (US)
- Abbott (U.S.)
- Cargill, Incorporated (U.S.)
- Ingredion (U.S.)
- The Kraft Heinz Company (U.S.)
- PepsiCo (U.S.)
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