Weight Management Market Research Report Information By Type (Equipment, Services, Supplement), Diet (Meals, Beverages, Nutraceuticals), Equipment (Fitness Equipment, Surgical Equipment), Application (Weight Maintenance, Body Shaping, Sports Injuries, Aesthetic Procedures, Chronic Wound Management, Others), Distribution Channel (Multi-Level Marketing, Large Retail, Small Retail, Health and Beauty Stores, Online, Others), End User (Fitness Centers and Health Clubs, Consulting Services and Commercial Weight Loss Centers, Online Weight Loss Pr

Weight Management Market Overview

Weight Management Market Size was valued at USD 143.5 Billion in 2022. The Weight Management market industry is projected to grow from USD 157.99 Billion in 2023 to USD 341.14 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.10% during the forecast period (2024 - 2032). Increasing obesity rates and consumer spending on health and fitness are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Weight Management Market Trends

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  Rising demand for personalized nutrition is driving the market growth

  
  

Personalized nutrition creates eating regimens specific to each person, considering their genetics, metabolism, and food preferences. This method leads to more individualized and sustained weight management techniques by acknowledging that one-size-fits-all diets may not benefit everyone. Due to developments in genetic testing, people can now learn about their hereditary susceptibilities to certain diseases that affect their metabolism, absorption of nutrients, and other aspects of managing their weight. Personalized suggestions derived from genetic data offer valuable information about the best diet and exercise regimens.

Individuals are now more capable of tracking and managing their weight because of the widespread use of wearable technology and smartphone applications with fitness and health tracking capabilities. With the assistance of these digital tools, individuals may monitor their calorie consumption, physical activity, and other pertinent indicators in real time. With the help of digital platforms, users may track their food, exercise, and general lifestyle in a personalized way and receive useful information. Sophisticated analytics algorithms can examine extensive datasets and provide tailored suggestions regarding diet, exercise regimens, and behavior adjustments.

For instance, data from the Overweight Forum issued in March 2022 show that one billion individuals overall are affected by obesity, including one in five women and one in seven males. Furthermore, as of November 2021, 25.3% of adults in England who were 18 or older were obese, according to the OHID update from July 2022. Over the projected time, the industry is expected to grow due to the growing  incidence of being overweight.

Plant-based meals like vegetables, fruits, legumes, and whole grains usually contain more nutrients and fewer calories. Because of this quality, people can eat more while consuming fewer calories, encouraging satiety and enough nutrition. This makes them good for managing weight. Foods derived from plants are frequently high in dietary fiber, important for maintaining digestive health and fostering a sensation of fullness. Fiber-rich diets can aid in maintaining weight by reducing overall calorie intake and fostering healthy digestion. Thus driving the Weight Management market revenue.

Weight Management Market Segment Insights

Weight Management Type Insights

The weight management market segmentation, based on type, includes equipment, services, and supplements. The equipment segment dominated the market. Wearable fitness trackers keep tabs on steps walked, calories burnt, physical activity, and occasionally even sleep habits. They motivate people to be active by offering real-time statistics.

The services segment is expected to be the fastest-growing segment of the weight management market during the forecast period. Individualized training plans created by a fitness specialist in one-on-one sessions. Teachers teach group fitness classes and provide structured exercises in a classroom environment.

Figure 1:  Weight Management Market, by Type, 2023 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Weight Management Insights

The  Weight Management market segmentation based on diet includes meals, beverages, and nutraceuticals. The meals category has the largest market share. Restricting daily calorie consumption to a range lower than typical maintenance requirements, typically between 800 and 1,500 calories. Very Lower-calorie Diets (VLCD) are incredibly low-calorie diets, typically 500–800 nutrients per day, frequently taken under medical Diet guidance.

The nutraceuticals category of the weight management market is projected to grow at the fastest rate during the forecast time frame. It contains catechins, specifically epigallocatechin gallate (EGCG), which supports metabolism and may have antioxidant qualities. Research indicates that green tea extract may promote fat oxidation and weight loss.

Weight Management Equipment Insights

The  Weight Management market segmentation, based on equipment, includes fitness and surgical equipment. The fitness equipment category leads the market. Resistance training is done with dumbbells, barbells, and kettlebells to develop muscular strength. Resistance bands are lightweight, adaptable strength training tools that may be utilized at home or on the go.

During the projection period, the weight management market’s surgical equipment segment is anticipated to grow fastest. Bariatric surgery has become more accessible and desirable to patients because of ongoing developments in surgical techniques, such as minimally invasive treatments (laparoscopic or robotic-assisted surgeries).

Weight Management Application Insights

Based on application, the  Weight Management market segmentation includes weight maintenance, body shaping, sports injuries, aesthetic procedures, chronic wound management, and others. The weight maintenance category is expected to dominate the market. Users can track macronutrients and micronutrients, record their daily food intake, and get insights into their eating habits. Barcode scanning capability is available on several devices, which facilitates entering food items.

Over the estimated time, the weight management market's body-shaping segment is predicted to expand at a rapid rate. Concentrate on workouts targeting the arms, legs, buttocks, abdomen, and other body parts. Complete body molding through the integration of cardiovascular and strength training routines.

Weight Management Distribution Channel Insights

Based on distribution channels, the  Weight Management market segmentation includes multi-level marketing, large retail, small retail, health and beauty stores, online, and others. The large retail segment is anticipated to lead the weight management market. Specialty health and wellness shops offer products for controlling weight and improving general health. A carefully chosen assortment of nutritional supplements, natural and organic foods, exercise gear, and associated products may be available in these stores.

The online segment of the weight management market is projected to expand at the quickest rate. The role played by specialized online merchants offering products for weight control, wellness, and health is noteworthy. Niche markets may be served by specialty retailers who curate a range of products to meet certain demands related to weight management.

Weight Management End User Insights

Based on end users, the  Weight Management market segmentation includes fitness centers and health clubs, consulting services and commercial weight loss centers, online weight loss programs, slimming centers, and others. The fitness centers and health clubs category has the largest weight management market share. Health clubs frequently offer group fitness classes, which give structured workouts in a social setting. Classes encouraging adherence to regular physical activity may include yoga, dance, strength training, aerobics, and other group exercise techniques.

Throughout the estimated time frame, the weight management market's consulting services and commercial weight loss center segments are anticipated to grow fastest. Commercial weight loss facilities frequently provide packaged, structured weight loss programs. Meal replacements, dietary supplements, exercise regimens, and continuing assistance are a few examples of program components.

Weight Management Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American weight management market area will dominate this market. Obesity prevalence is a major factor driving the demand for weight management solutions, including nutrition regimens, fitness programs, and pharmacological therapies. North America, especially the United States and Canada, has been faced with high obesity rates.

Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Weight Management Market Share By Region 2023 (Usd Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's Weight Management market accounts for the second-largest market share because a proactive approach to health and wellbeing is common in European nations, with a major focus on leading healthy lifestyles. The popularity of weight-loss plans, exercise regimens, and healthier food options is influenced by this cultural emphasis on wellbeing. Further, the German Weight Management market held the largest market share, and the UK Weight Management market was the fastest-growing market in the European region.

The Asia-Pacific Weight Management Market is expected to grow fastest from 2023 to 2032. This is because, in many Asia-Pacific nations, the growing middle class has resulted in higher disposable income levels. Consequently, more people can afford to invest in programs that promote health and wellness, including dieting. Moreover, China’s Weight Management market held the largest market share, and the Indian Weight Management market was the fastest-growing market in the Asia-Pacific region.

Weight Management Key Market Players & Competitive Insights

The weight management industry is growing due to major competitors investing significantly in R&D to expand their product offerings. Market participants also participate in several strategic initiatives to strengthen their  footprint. The industry has seen significant developments with the launch of new products, agreements, mergers and acquisitions, higher investment, and collaboration with other companies. For the Weight Management industry to expand and prosper in a market that is becoming more competitive and dynamic, it must offer reasonably priced products.

Manufacturing locally to save operational costs is one of the main business tactics manufacturers adopt in the worldwide Weight Management industry to support clients and expand the market sector. In the last few years, the Weight Management industry has greatly benefited medicine. Major players in the Weight Management market, including Atkins Nutritionals, Inc. (US), Kellogg Company (US), Herbalife Ltd. (US), Nutrisystem Ltd. (US), Apollo Endosurgery (US), Ethicon, Inc. (US), Covidien, plc. (US), Olympus Corporation (Japan), Weight Watchers International (US), The Gold’s Gym International (US), Brunswick Corporation (US), Jenny Craig (US), eDiets, Inc. (US), Amer Sports (Finland), Technogym SpA (Italy), Johnson Health Tech (Taiwan), and others, are attempting to increase market demand by investing in research and development operations.

The American healthcare company Herbalife Nutrition Ltd. (Herbalife) creates and markets dietary supplements. The business also sells non-alcoholic beverage products, cosmetics, and hygiene. It uses independent service providers, retail locations, and sales reps to market its products. In 2022, the consumer health sector will account for approximately 85% of the company's overall sales, making it its major business. Through several initiatives and product launches, Herbalife is growing its business. For example, Herbalife debuted a new line of plant-based products under the Herbalife V brand in July 2023. The business also introduced Fat Release, a weight-management solution.

Leading the $2.4 billion weight control nutrition market, Atkins Nutritionals Inc. provides a potent lifetime weight loss and management strategy. Lean protein, fiber, fruits, vegetables, and healthy fats are encouraged in the Atkins Nutritional ApproachTM, which emphasizes a balanced diet with lower processed carbohydrates and sugar intakes. This method helps people feel less hungry, more fulfilled, and more energized while enabling the body to burn more fat and function more effectively. Research and customer success stories support it. They manufacture and sell a range of frozen dinners, snacks, bars, and shakes based on the Atkins Diet's nutritional guidelines. Many men and women who wish to live a better lifestyle and reach their weight management objectives find the Atkins product line appealing. Over 50,000 outlets in the United States and abroad carry their products.

Key Companies in the Weight Management market include

• Atkins Nutritionals, Inc. (US)


• Kellogg Company (US)


• Herbalife Ltd. (US)


• Nutrisystem Ltd. (US)


• Apollo Endosurgery (US)


• Ethicon, Inc. (US)


• Covidien, plc. (US)


• Olympus Corporation (Japan)


• Weight Watchers International (US)


• The Gold’s Gym International (US)


• Brunswick Corporation (US)


• Jenny Craig (US)


• eDiets, Inc. (US)


• Amer Sports (Finland)


• Technogym SpA (Italy)


• Johnson Health Tech (Taiwan)


• Others

Weight Management Industry Developments

September 2020: Apple introduced Fitness+, a revolutionary personalized training experience that automatically combines measurements from Apple Watch, allowing users to view results instantly on their Apple TV, iPhone, or iPad.

March 2020: The CoreX, designed by CoreX Fit Life, is the first training equipment capable of performing more than 100 exercises and sports simulations in a small package. More than 100 workouts for cardio, HIIT, strength training, Pilates, and toning are possible with the CoreX.

Weight Management Market Segmentation

Weight Management Type Outlook

• Equipment


• Services


• Supplement

Weight Management Diet Outlook

• Meals


• Beverages


• Nutraceuticals

Weight Management Equipment Outlook

• Fitness Equipment


• Surgical Equipment

Weight Management Application Outlook

• Weight Maintenance


• Body Shaping


• Sports Injuries


• Aesthetic Procedures


• Chronic Wound Management


• Others

Weight Management Distribution Channel Outlook

• Multi-Level Marketing


• Large Retail


• Small Retail


• Health and Beauty Stores


• Online


• Others

Weight Management End User Outlook

• Fitness Centers and Health Clubs


• Consulting Services and Commercial Weight Loss Centers


• Online Weight Loss Programs


• Slimming Centers


• Others

Weight Management Regional Outlook

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  Middle East
  
  


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  Africa
  
  


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  Latin America