PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1261204
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1261204
Global Weight Loss and Obesity Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. A condition known as obesity involves having too much body fat. Obesity is more than simply a visual issue. It's a medical condition that raises the chance of several conditions and illnesses, including heart disease, diabetes, high blood pressure, and some malignancies. The rising prevalence of obesity and chronic diseases and growing geriatric population base are key factors driving the market growth.
The rising prevalence of obesity worldwide is contributing towards the growth of the Global Weight Loss and Obesity Market. For instance - as per World Obesity Federation estimates -in 2020 globally the total number of adults affected by obesity was estimated at 770 million and this figure is anticipated to reach 1000 million by 2030. Furthermore, increasing number of geriatric individuals is another factor driving the market growth. According to the World Bank Group, the world's old population was 727 million in 2020, and it is predicted to treble over the next three decades, reaching 1.5 billion in 2050. Also, growing number of health-conscious individuals and rising healthcare infrastructure in developing regions would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Weight Loss and Obesity management products and services stifle the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Weight Loss and Obesity Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players as well as growing prevalence of obesity and associated chronic diseases in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, and growing expansion of healthcare services in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable