Weight Loss Products And Services Market Insights 2025-2034: Growth Dynamics, Trends, and Strategic Opportunities
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What fueled the previous growth in the weight loss products and services market?
In recent times, the market size for weight loss products and services has seen significant growth. It is projected to rise from $327.11 billion in 2024 to $354.32 billion in 2025, showcasing a Compound Annual Growth Rate (CAGR) of 8.3%. Factors contributing to this progression during the historic period include rising rates of obesity, heightened health consciousness, the influence of fitness and wellness trends, the impact of social media, medical conditions and comorbidities, evolving dietary trends and preferences, ease of information accessibility, and government programs promoting healthier lifestyles.
What will be the weight loss products and services market size in the future?
The market size of weight loss products and services is predicted to witness substantial growth in the near future, expanding to a value of $513.94 billion by 2029, with a compound annual growth rate (CAGR) of 9.7%. This growth during the forecast period is due to factors such as personalized nutrition, the trend of fitness at home, corporate wellness schemes, genetic testing for weight control, support and guidance from regulatory bodies, and an increased focus on mental health. Key trends projected for this period include the digital transformation of weight management, integration of fitness technology, DNA-oriented weight management solutions, cultural sensitivity and inclusivity, as well as regulatory scrutiny and transparency.
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What main drivers are fueling expansion in the weight loss products and services market?
The growing elderly population is anticipated to stimulate the market for weight loss products and services. The term ageing population denotes a surge in the percentage of older individuals due to alterations in the demographic age structure. These weight loss products and services assist the older population who are obese and have a higher tendency to be overweight due to changes associated with age in the body’s composition, marked by a slow increment in fat content and a decrease in lean mass and bone density. For example, in October 2022, the World Health Organization, a US-based health specialized organization, predicted that by 2030, one in six people worldwide will be aged 60 or above, and this age group’s size will double (2.1 billion) by 2050. Thus, the increment in the elderly population is fueling the expansion of the weight loss products and services market.
What key areas define the segmentation of the global weight loss products and services market?
The weight loss products and services market covered in this report is segmented –
1) By Products: Food, Beverage, Supplements, Other Weight Loss Products
2) By Services: Fitness Centers, Slimming Centers, Consultation Services, Other Services, Fat Replacers
3) By Sales Channel: Supermarkets And Hypermarkets, Convenience Stores, Retail Pharmacies, E-Commerce
Subsegments:
1) By Food: Low-Calorie Snacks, Meal Replacement Bars, Diet Frozen Meals
2) By Beverage: Weight Loss Shakes, Detox Teas, Low-Calorie Drinks
3) By Supplements: Herbal Weight Loss Supplements, Protein Supplements, Fat Burners
4) By Other Weight Loss Products: Weight Loss Devices, Fitness Equipment, Weight Management Apps And Programs
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Who are the dominant players expanding their reach in the weight loss products and services 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.
How are evolving market trends shaping weight loss products and services Strategies?
Innovation and advancement in technology are core trends in the weight loss product and services industry. Top competitors in the weight loss products and services realm are leveraging state-of-the-art technology to retain their market dominance. For instance, Herbalife Nutrition, a health and wellness organization based in the US, unveiled the Fat Release in July 2022. This product, aimed at assisting customers in achieving their weight loss and wellness goals, consists of Litramine, a patented cactus fiber obtained from prickly pear. Its clever packaging into handy stick packs allows for consumption up to two hours after intake of fatty meals, rendering it the perfect solution for scenarios where healthier alternatives are scarce.
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Which regions are emerging as leaders in the weight loss products and services market?
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.
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