Home / Medical Devices / Weight Management Market, By Weight Loss Products Type (Dietary Products, Drugs & Supplements, and Cosmetics), By Fitness Equipment Type (Cardio Training Equipment, Strength Training Equipment, Body Composition Analyzers, and Fitness Monitoring Equipment), By Surgical Services Type (Invasive Surgeries, And Non-Invasive Surgeries) - Growth, Future Prospects, And Competitive Analysis, 2016 - 2024

Weight Management Market, By Weight Loss Products Type (Dietary Products, Drugs & Supplements, and Cosmetics), By Fitness Equipment Type (Cardio Training Equipment, Strength Training Equipment, Body Composition Analyzers, and Fitness Monitoring Equipment), By Surgical Services Type (Invasive Surgeries, And Non-Invasive Surgeries) - Growth, Future Prospects, And Competitive Analysis, 2016 - 2024

Published: Dec 2016 | Report Code: 58297-12-16

The report titled “Weight Management Market- Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the overall weight management market along with the market size and estimates for the duration 2014 to 2024. The said research study covers in-depth analysis of multiple market segments based on type of weight loss products, fitness equipment, surgical services and different geographies. Weight management market is a dynamic market; the companies are expected to keep in the mind that people nowadays are watching weight rather than dieting. Hence, the products should be positioned in the market as fitness contributors. The market potential is increasing with introduction of novel products, treatments and fitness equipments. According to the World Health Organization (WHO), there are more than 1.4 billion overweight and obese adults 20 years or older.  However, the most worrisome is the growing number of children who are considered overweight in the world. 

For the purpose of this study, the global weight management market on the basis of weight loss products is segmented into dietary products, drugs & supplements and cosmetics. The dietary products segment is further sub-segmented into low calorie carbonated drinks, green tea/herbal tea, natural mineral salt drinks, sugar-free confectioneries, low-calorie ice-cream, low-calorie ready meals, low-calories frozen & chilled ready meals, and meal replacement. Drugs & supplement segment is further sub-segmented into pharmaceuticals, nutraceuticals and herbal drugs. Cosmetics segment covers market of slimming creams and serums. Market size estimates and forecast for these segments for the period 20 14 to 2024 are provided in terms of USD Mn along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2024, considering 2015 as the base year.

On the basis of fitness equipment type global weight management market is segmented as cardio training equipment, strength training equipment, body composition analyzers, and fitness monitoring equipment. The cardio training equipment segment is further sub-segmented as treadmills, elliptical, rowing machines, stair steppers, and stationery cycles. Strength training equipment segment is sub-segmented as free weights, single stations, multistations, plate loaded, benches and racks, and accessories. Market size estimates and forecast for these segments for the period 2014 to 2024 are provided in terms of USD Mn along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2024, considering 2015 as the base year.

The surgical services market in global weight management market is segmented as invasive and non-invasive surgeries. The invasive surgery segment is further sub-segmented as bariatric surgery, and liposuction. Non-invasive surgery segment is sub-segmented as weight loss balloon system, fat freezing procedure, AspireAssist, Ultrasonic, and Accent XL therapy. Market size estimates and forecast for these segments for the period 2014 to 2024 are provided in terms of USD Mn along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2024, considering 2015 as the base year

The weight management market has been geographically categorized into major regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further split to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, Brazil, and GCC countries. Market size and forecast for these segments during 2014 to 2024 and their CAGRs for the period 2016 to 2024 are provided in this report.

The weight management market is observed as the most diversified and competitive market comprising large number of players providing fitness equipments, surgical services and weight loss products.  Key players in the weight loss management market, by products, include Atkins Nutritionals, Inc., Herbalife Ltd., NutriSystem, Inc., Kellogg Company, Abbott Nutrition, Mars, Inc. and Unilever. In weight loss equipments market Covidien plc, Olympus Corporation, Ethicon, Inc., and Apollo Endosurgery are some of the major players in the equipment market. The fitness equipment market comprises key players such as Brunswick Corporation, Technogym SpA, Amer Sports, Cybex International, and Johnson Health Technology, Ltd. The key players present in the services market include Weight Watchers International, Inc., VLCC Healthcare Ltd., Slimming World, 24 hours Fitness, Jenny Craig, Equinox, Inc., Duke Diet & Fitness Center,eDiets.com, The Gold’s Gym International, Fitness First Group, Town Sports International Holdings, Inc., and Life Time Fitness, Inc.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Global Weight Management Market, by Weight Loss Products Type, 2015 v/s 2023 (Value %)
2.2 Global Weight Management Market, by Surgical Services Type, 2015 (USD Mn)
2.3 Global Weight Management Market, by Fitness Equipment Type, 2015 (USD Mn)
2.4 Global Weight Management Market, by Geography, 2015 (Value %)

Chapter 3 Global Weight Management Market Overview
3.1 Overview
3.2 Market Drivers
3.2.1 Rising prevalence of lifestyle diseases occurred due to obesity
3.2.2 Increasing number invasive as well as non-invasive surgeries
3.3 Market Restraints
3.3.1 Weight management products especially dietary products are expensive
3.3.2 A few products or services providing companies are practicing misleading marketing policies
3.4 Market Opportunities
3.4.1 Rising demand for overall weight management products, services and fitness equipment in emerging economies
3.4.2 Rising demand for overall weight management products, services and fitness equipments in emerging economies
3.5 Attractive Investment Proposition
3.6 Market Competition Assessment: Weight Management Market, by Key Players

Chapter 4 Global Weight Management Market Analysis, By Weight Loss Products Type
4.1 Overview
4.2 Dietary Products
4.2.1 Low Calorie Carbonated Drinks
4.2.2 Green Tea/Herbal Tea
4.2.3 Sugar-free Confectioneries
4.2.4 Low-Calorie Ice-Cream
4.2.5 Low-Calorie Ready Meals
4.2.6 Low-Calories Frozen & Chilled Ready Meals
4.2.7 Meal Replacement
4.3 Drugs & Supplements
4.3.1 Pharmaceuticals
4.3.2 Nutraceuticals
4.3.3 Herbal Drugs
4.4 Cosmetics

Chapter 5 Global Weight Management Market Analysis, By Fitness Equipment
5.1 Overview
5.2 Cardio Training Equipment
5.2.1 Treadmills
5.2.2 Ellipticals
5.2.3 Rowing Machines
5.2.4 Stair Steppers
5.2.5 Stationery Cycles
5.3 Strength Training Equipment
5.3.1 Free Weights
5.3.2 Single Stations
5.3.3 Multistations
5.3.4 Plate Loaded
5.3.5 Benches and Rack
5.3.6 Accessories
5.4 Body Composition Analyzers
5.5 Fitness Monitoring Equipment

Chapter 6 Global Weight Management Market, By Surgical Services
6.1 Overview
6.2 Invasive Surgery
6.2.1 Bariatric Surgery
6.2.2 Liposuction
6.3 Non-Invasive Surgery
6.3.1 Weight Loss Balloon System
6.3.2 Fat Freezing Procedure
6.3.3 AspireAssist
6.3.4 Ultrasonic Weight Loss Treatment
6.3.5 Accent XL Therapy

Chapter 7 Global Weight Management Market, By Geography
7.1 Preface
7.2 North America (U.S. & Canada)
7.3 Europe (U.K., Germany, & Rest of Europe)
7.4 Asia Pacific (China, Japan, India & Rest of Asia-Pacific)
7.5 Latin America (Mexico, Brazil, & Rest of Latin America)
7.6 Middle East and Africa

Chapter 8 Company Profiles
8.1 Abbott Nutrition
8.1.1 Abbott Nutrition: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.2 Cybex International
8.2.1 Cybex International: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.3 Johnson Health Technology, Ltd.
8.3.1 Johnson Health Technology, Ltd.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.4 Amer Sports Corporation
8.4.1 Amer Sports Corporation: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.5 Atkins Nutritionals, Inc.
8.5.1 Atkins Nutritionals, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.6 Technogym SpA
8.6.1 Technogym SpA: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.7 Brunswick Corporation
8.7.1 Brunswick Corporation: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.8 Cargill
8.8.1 Cargill: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.9 Conagra Foods, Inc.
8.9.1 Conagra Foods, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.10 Ediets.Com
8.10.1 Ediets.Com: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.11 Glaxosmithkline Plc
8.11.1 Glaxosmithkline Plc: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.12 Kellogg Company
8.12.1 Kellogg Company: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.13 Kraft Foods
8.13.1 Kraft Foods: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.14 Medifast, Inc.
8.14.1 Medifast, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.15 Nautilus, Inc.
8.15.1 Nautilus, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.16 Nestlé S.A.
8.16.1 Nestlé S.A.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.17 Nutrasweet Company
8.17.1 Nutrasweet Company: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.18 Nutrisystem, Inc.
8.18.1 Nutrisystem, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.19 PepsiCo, Inc.
8.19.1 PepsiCo, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.20 Herbalife Ltd.
8.20.1 Herbalife Ltd.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.21 Apollo Endosurgery
8.21.1 Skinny Nutritional Corp: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.22 Covidien plc
8.22.1 Covidien plc: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.23 Mars, Inc.
8.23.1 Mars, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.24 Olympus Corporation
8.24.1 Olympus Corporation: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.25 Ethicon, Inc.
8.25.1 Ethicon, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
8.26 Unilever plc
8.26.1 Unilever plc: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)

List of Figures
FIG. 1 Weight Management Market: Research Methodology
FIG. 2 Global Weight Management Market, by Weight Loss Products Type, 2015 v/s 2023 (Value %)
FIG. 3 Global Weight Management Market, by Surgical Services Type, 2015 (USD Mn)
FIG. 4 Global Weight Management Market, by Fitness Equipment Type, 2015 (USD Mn)
FIG. 5 Global Weight Management Market, by Geography, 2015 (Value %)
FIG. 6 Attractive Investment Proposition, by Geography, 2015
FIG. 7 Global Low Calorie Carbonated Drinks Market , 2014 – 2024 (USD Mn)
FIG. 8 Global Green Tea/Herbal Tea Market , 2014 – 2024 (USD Mn)
FIG. 9 Global Sugar-free Confectioneries Market , 2014 – 2024 (USD Mn)
FIG. 10 Global Low-Calorie Ice-Cream Market , 2014 – 2024 (USD Mn)
FIG. 11 Global Low-Calorie Ready Meals Market , 2014 – 2024 (USD Mn)
FIG. 12 Global Low-Calories Frozen & Chilled Ready Meals Market , 2014 – 2024 (USD Mn)
FIG. 13 Global Meal Replacement Market , 2014 – 2024 (USD Mn)
FIG. 14 Global Pharmaceuticals Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 15 Global Nutraceuticals Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 16 Global Herbal Drugs Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 17 Global Cosmetics Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 18 Global Treadmills Market, 2014 – 2024(USD Mn)
FIG. 19 Global Ellipticals Market, 2014 – 2024(USD Mn)
FIG. 20 Global Rowing Machines Market, 2014 – 2024(USD Mn)
FIG. 21 Global Stair Steppers Market, 2014 – 2024(USD Mn)
FIG. 22 Global Stationery Cycles Market, 2014 – 2024(USD Mn)
FIG. 23 Global Free Weights Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 24 Global Single Stations Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 25 Global Multistations Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 26 Global Plate Loaded Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 27 Global Benches and Rack Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 28 Global Accessories Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 29 Global Body Composition Analyzers Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 30 Global Fitness Monitoring Equipment Market in Weight Management, 2014 – 2024 (USD Mn)
FIG. 31 Global Bariatric Surgery Market, 2014 – 2024 (USD Mn)
FIG. 32 Global Liposuction Market, 2014 – 2024 (USD Mn)
FIG. 33 Global Weight Loss Balloon System Market, 2014 – 2024 (USD Mn)
FIG. 34 Global Fat Freezing Procedure Market, 2014 – 2024 (USD Mn)
FIG. 35 Global AspireAssist Market, 2014 – 2024 (USD Mn)
FIG. 36 Global Ultrasonic Weight Loss Treatment Market, 2014 – 2024 (USD Mn)
FIG. 37 Global Accent XL Therapy Market, 2014 – 2024 (USD Mn)
FIG. 38 North America Weight Management Market , 2014 – 2024 (USD Mn)
FIG. 39 Europe Weight Management Market , 2014 – 2024 (USD Mn)
FIG. 40 Asia-Pacific Weight Management Market , 2014 – 2024 (USD Mn)
FIG. 41 Latin America Weight Management Market , 2014 – 2024 (USD Mn)
FIG. 42 Middle East and Africa Weight Management Market , 2014 – 2024 (USD Mn)

List of Tables

TABLE 1 Market Competition Assessment: Weight Management Market, by Key Players
TABLE 2 Global Weight Management Market, by Weight Loss Products Type, 2014-2024 (USD Mn)
TABLE 3 Global Weight Management Market, by Dietary Products Type, 2014-2024 (USD Mn)
TABLE 4 Global Weight Management Market, by Drugs & Supplement Type, 2014-2024 (USD Mn)
TABLE 5 Global Weight Management Market, by Fitness Equipment Type, 2014-2024 (USD Mn)
TABLE 6 Global Cardio Training Equipment Market, by Type, 2014-2024 (USD Mn)
TABLE 7 Global Strength Training Equipment Market, by Type, 2014-2024 (USD Mn)
TABLE 8 Global Weight Management Market, By Surgical Services, 2014-2024 (USD Mn)
TABLE 9 Global Invasive Surgery Market, By Type, 2014-2024 (USD Mn)
TABLE 10 Global Invasive Surgery Market, By Type, 2014-2024 (USD Mn)
TABLE 11 Global Weight Management Market, by Geography, 2013 – 2023 (USD Mn)
TABLE 12 Abbott Nutrition: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 13 Cybex International: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 14 Johnson Health Technology, Ltd.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 15 Amer Sports Corporation: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 16 Atkins Nutritionals, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 17 Technogym SpA.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 18 Brunswick Corporation: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 19 Cargill: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 20 Conagra Foods, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 21 Ediets.Com: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 22 Glaxosmithkline Plc: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 23 Kellogg Company: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 24 Kraft Foods: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 25 Medifast, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 26 Nautilus, Inc: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 27 Nestlé S.A.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 28 Nutrasweet Company: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 29 Nutrisystem, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 30 PepsiCo, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 31 Herbalife Ltd.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 32 Skinny Nutritional Corp: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 33 Covidien plc: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 34 Mars, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 35 Olympus Corporation: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 36 Ethicon, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 37 Unilever plc: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)

Type of Fitness Equipment Segmentation Investigation

Based on the type of fitness equipment, the global weight management market is segmented as follows:

  • Cardio Training Equipment
    • Treadmills
    • Ellipticals
    • Rowing Machines
    • Stair Steppers
    • Stationery Cycles
  • Strength Training Equipment
    • Free Weights
    • Single Stations
    • Multistations
    • Plate Loaded
    • Benches and Racks  
    • Accessories
  • Body Composition Analyzers
  • Fitness Monitoring Equipment

In year 2015, it was observed that cardio training equipment accounted for the largest market share in overall fitness equipment segment due to rising consciousness about maintenance of ideal BMI, rising installation of these equipments at workplace, hospitals and home, and increasing number of gymnasiums. The cardio training equipment mainly comprises of treadmills, elipticals, rowing machines, stair steppers and stationary cycles. The market experts suggested that, cardio training equipment enhances metabolism, stamina and conditioning of heart, lungs, and blood vessels. These equipments can be used by people of all age groups and its increasing demand for home use is one of the major drivers assisting its market growth. During forecast period 2016 – 2024 it was observed that fitness monitoring equipment segment is anticipated to observe an exponential growth due to factors such as rising adoption of smartphones, high public awareness related to continuous fitness monitoring, and increasing demand for phone integrated fitness apps and wearable devices. According to market experts, the most popular fitness monitoring equipments are is the ones with built-in app support and digital pedometers with wireless connectivity.

 Weight Management Market

Type of Surgical Services Segmentation Investigation

Based on the type of surgical services, the global weight management market is segmented as follows:

  • Invasive Surgery
    • Bariatric Surgery
    • Liposuction
  • Non-Invasive Surgery
    • Weight Loss Balloon System
    • Fat Freezing Procedure
    • AspireAssist
    • Ultrasonic
    • Accent XL Therapy

In 2015, invasive surgery accounted for the largest market share due to early market introduction and adoption, and high awareness associated with the safe invasive surgeries. However, the increasing demand for non-invasive surgeries is expected to act as a restraint the market of invasive surgery in the near future. The technological development and market introduction of innovative non-invasive surgeries are expected to assist the market growth in the near future. Key factors driving the overall non-invasive surgery market are the reduced postoperative pain compared to invasive surgery, less blood loss and also reduce the scarring pain. According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), more than 2 in 3 adults are considered to be overweight or obese in the U.S and one-third of children and adolescents ages 6 to19 are considered to be overweight or obese. Thus, obesity was observed as one of the most common reason of any lifestyle disease and rising awareness related with the same is expected to benefit the market growth in the long run.

Weight Management Market

Type of Weight Loss Products Segmentation Investigation 

Based on the type of weight loss products, the global weight management market is segmented as follows:

  • Dietary Products
    • Low Calorie Carbonated Drinks
    • Green Tea/Herbal Tea
    • Natural Mineral Salt Drinks
    • Sugar-free Confectioneries
    • Low-Calorie Ice-Cream
    • Low-Calorie Ready Meals
    • Low-Calories Frozen & Chilled Ready Meals
    • Meal Replacement
  • Drugs & Supplements
    • Pharmaceuticals
    • Nutraceuticals
    • Herbal Drugs
  • Cosmetics
    • Slimming Creams & Serums

In year 2015, dietary products accounted for the largest market share due to ease in consumption and easily stored in workplace or home, mostly consumed along with regular food or sometimes as food replacement, and rising demand for these dietary products in young and working population. The market experts suggested that, weight loss dietary products possess the peak of convenience for the current lifestyle and diet; it has been observed that consumers are moving away from three meals a day and are giving preference to snacks. A few consumer opinions suggested that weight loss diet is convenient, affordable and efficient if accompanied with workout. The major awareness created about weight loss dietary products was anticipated as the transformational and motivational videos and articles published on social websites and apps. However, drug and supplements were observed as the second largest segment as many consumers rely on drugs and supplements than workouts prefer drugs and supplements. The side-effects associated with several drugs and supplements and registered fraudulent cases across the world have created an aura of unreliability around this segment.

Weight Management Market
  

For the purpose of this study, the global weight management market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Weight Management Market

In base year 2015, North America accounted for 45.4% and expected to retain its dominance throughout the forecast period. The key factors assisting the growth of North America market are rising obese population, high awareness generated in young and working population against weight loss or maintenance, and increasing number of gyms, home exercise equipments and exposure to motivating information on social network or mobile apps. According to Centers for Disease Control and Prevention (CDC), in the U.S. non-Hispanic blacks have the highest age-adjusted rates of obesity (48.1%) followed by Hispanics (42.5%), non-Hispanic whites (34.5%), and non-Hispanic Asians (11.7%). Obesity is higher among middle age adults age 40-59 years (40.2%) and older adults age 60 and over (37.0%) than among younger adults age 20–39 (32.3%). During the forecast period 2016 – 2024, Asia-Pacific was the fastest growing region due to factors such as, growing economy, rising standard of living coupled with high awareness associated with obesity, and changing lifestyle and food habits are boosting the rate of obesity in children and teenagers. In Asia-Pacific, weight management market is expected to face a few challenges such as stringent regulations, safety issues related with the products, higher unit price, and increasing competition with other health and wellness products especially alternative Chinese and Ayurvedic products.

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