The global Weight Loss Services Market size is expected to
reach USD 21.1 billion by 2025 expanding at a CAGR of 8.4%, according to a new
report by Grand View Research, Inc. Rising cases of obesity and resultant
health consciousness along with increased per capita healthcare expenditure are
the key factors fueling the market growth. Obesity is among the major health
concerns that lead to a number of associated diseases or complications, such as
diabetes, Cardiovascular Diseases (CVDs), and cancers. For instance, as per
WHO, in 2016, more than 1.9 billion adults were overweight, out of which around
650 million people were obese.
Such instances are expected to encourage people to
maintain proper health to help lower the risk of such chronic health issues,
thereby augmenting market growth. Key companies in the market are focusing on
the development of new ways for weight loss, such as Zumba, sports-specific
performance training, aquatic exercise classes, and weight loss supplements.
For instance, in August 2018, Herbalife International launched Herbalife24
ACHIEVE protein bar, a convenient, energy-providing snack. This product launch
may increase the company’s popularity among athletes worldwide. Hence, such
initiatives are anticipated to drive the market.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/weight-loss-services-market
https://www.grandviewresearch.com/industry-analysis/weight-loss-services-market
Further key findings from the study suggest:
- Fitness equipment segment is estimated to register the highest CAGR
over the forecast period due to advancements by key companies, in terms of
technology and equipment
- Consulting services is projected to expand at the highest CAGR due
to their cost-effectiveness as compared to other services
- APAC is expected to be the fastest-growing regional market in
future. Increasing cases of obesity and diabetes due to changing
lifestyles are anticipated to drive the region’s growth
- Some of the key companies in the global weight loss services market
are Atkins Nutritionals, Inc.; Nutrisystem, Inc.; Herbal Life
International, Inc.; Apollo Endosurgery, Inc.; Johnson Health Tech; WW
International, Inc.; Kellogg Co; Amer Sports; Cynosure, Inc.; and Diet
Health, Inc.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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