PUBLISHER: The Business Research Company | PRODUCT CODE: 1662432
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662432
Weight loss products and services encompass a range of offerings designed to assist individuals in achieving total body weight reduction, typically involving the loss of muscle, water, and fat. Weight loss services provide guidance on maintaining a healthy weight over the long term and aim to support individuals in losing weight gradually and safely. These products and services are utilized by consumers who are dealing with issues related to excess body weight and obesity, with the goal of helping them attain a healthier and more physically fit condition.
Weight loss products and services include various types such as food, beverages, supplements, and other related products. Services in this domain encompass fitness centers, slimming centers, consultation services, and other offerings like fat replacers. These products and services are distributed through different sales channels, including supermarkets and hypermarkets, convenience stores, retail pharmacies, and e-commerce platforms.
The weight loss products and services market research report is one of a series of new reports from The Business Research Company that provides weight loss products and services market statistics, including weight loss products and services industry global market size, regional shares, competitors with a weight loss products and services market share, detailed weight loss products and services market segments, market trends, and opportunities, and any further data you may need to thrive in the weight loss products and services industry. This weight loss products and services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The weight loss products and services market size has grown strongly in recent years. It will grow from $327.11 billion in 2024 to $354.32 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increasing obesity rates, growing health awareness, fitness and wellness trends, social media influence, medical conditions and comorbidities, dietary trends and preferences, accessibility of information, government initiatives.
The weight loss products and services market size is expected to see strong growth in the next few years. It will grow to $513.94 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to personalized nutrition, home fitness trends, corporate wellness programs, genetic testing for weight management, regulatory support and guidelines, focus on mental health. Major trends in the forecast period include digitalization of weight management, fitness tech integration, DNA-based weight management solutions, cultural sensitivity and inclusivity, regulatory scrutiny and transparency.
The increasing proportion of the ageing population is poised to drive the expansion of the weight loss products and services market. This demographic shift refers to a surge in the elderly population due to changes in the population's age structure. Weight loss products and services cater to the needs of the ageing population, particularly those grappling with obesity or higher weights attributed to age-related changes in body composition. As individuals age, there's a gradual increase in fat content coupled with declines in lean mass and bone density. Notably, according to the World Health Organization's projections in October 2022, globally, one in six individuals will be 60 or older by 2030, with an estimated doubling of this age group to 2.1 billion by 2050. Similarly, projections from the UK Parliament's House of Commons Library in June 2021 indicate an expected rise in the senior population in the UK, comprising 24% of the total population (17.4 million people) by 2043. Hence, the burgeoning ageing population stands as a pivotal factor driving the growth of the weight loss products and services market.
The escalating prevalence of obesity is anticipated to propel the expansion of the weight loss products and services market. Obesity, characterized by the excessive accumulation of body fat, poses health risks and requires intervention through weight loss products and services. These aids assist individuals in shedding excess weight, improving overall health, and fostering sustainable lifestyle changes. As per projections from the UK Government Digital Service in May 2023, the obesity rate among individuals aged 18 and older in the UK reached 25.9% in 2021-2022, marking a 25.2% increase. Consequently, the rising prevalence of obesity serves as a key driver stimulating the growth of the weight loss products and services market.
New technology and development are significant trends in the weight loss products and services market. Key players in this sector are leveraging advanced technology to preserve their market share. For example, in July 2022, Herbalife Nutrition, a US-based health and wellness company, introduced Fat Release. This product is designed to assist customers in achieving their weight loss and health objectives, featuring Litramine, a patented cactus fiber sourced from prickly pear. Packaged in convenient stick packs, it can be taken within two hours of consuming fatty foods, making it a practical solution for situations where healthy options are scarce.
Major players in the animal and pet food market are innovating by introducing products like Pure Health Apple Cider Vinegar Gummies to amplify the bioavailability and appeal of apple cider vinegar. Pure Health Apple Cider Vinegar Gummies present a palatable and convenient alternative to experience the potential health benefits of apple cider vinegar, minus the disagreeable taste or odor. For instance, in March 2022, KaraMD, a US-based provider of science-backed products, launched Pure Health Apple Cider Vinegar Gummies-a dietary supplement encapsulating apple cider vinegar (ACV) within a user-friendly gummy format. ACV, a fermented product derived from apples, has a historical usage tied to potential health advantages such as aiding digestion, regulating blood sugar levels, and supporting weight management.
In a strategic move observed in June 2022, Solace Nutrition, LLC, a US-based medical nutrition company, acquired R-Kane Nutritionals in an undisclosed deal. This acquisition positions Solace Nutrition to gain a foothold in the nutritional management industry and extend its core manufacturing and distribution expertise to R-Kane's clientele. The integration of R-Kane Nutritionals into Solace is anticipated to accelerate growth for both brands and create synergies between their offerings. R-Kane Nutritionals, LLC, a US-based company specializing in weight loss products and management, primarily focuses on providing high-protein meal replacement options within its niche market.
Major companies operating in the weight loss products and services market are Abbott Laboratories, Fitbit Inc., GlaxoSmithKline PLC, Boehringer Ingelheim International GmbH, Fresenius Kabi AG, Glanbia PLC, MuscleBlaze, Gold's Gym International Inc., Hammer Nutrition Direct, Jarrow Formulas Inc., Apollo Endosurgery Inc., WW Health Solutions, Nutrisystem, Jenny Craig Inc., Slimming World, Atkins Nutritionals Inc., Medifast Inc., VLCC Healthcare Ltd., Curves International Inc., LA Fitness International LLC, 24 Hour Fitness Worldwide Inc., Life Time Fitness Inc., Anytime Fitness LLC, Equinox Holdings Inc., Crunch Fitness, Orangetheory Fitness, Noom Inc.
North America was the largest region in the weight loss products and services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the weight loss products and services market report during the forecast period. The regions covered in the weight loss products and services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the weight loss products and services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The weight loss products and services market consists of revenues earned by entities through fitness training, yoga sessions, gymnasiums, and zumba sessions. The market value includes the value of related goods sold by the service provider or included within the service offering. The weight loss products and services market also includes sales of cereals and flour, dairy products that are not drinkable, frozen fruits and vegetables, energy drinks, and fruit and vegetable juices. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Weight Loss Products And Services Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on weight loss products and services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for weight loss products and services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The weight loss products and services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.