The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s weight loss products and services market report forecasts the weight loss products and services market size to grow to $415.95 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

Learn More On The Weight Loss Products And Services Market Report 2023 – https://www.thebusinessresearchcompany.com/report/weight-loss-products-and-services-global-market-report

Weight Loss Products And Services Market Size Forecast
The global weight loss products and services market is expected to grow from $275.97 billion in 2022 to $299.39 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The weight loss products and services market is expected to reach $415.95 billion in 2027 at a CAGR of 8.6%.

North America held the largest weight loss products and services market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Weight Loss Products And Services Market Driver ­– Rise In The Ageing Population
For instance, in September 2020, according to World Population Ageing 2020 Highlights, a report by the United Nations, a US-based intergovernmental organization, there were 727 million people above the age of 65. Between 2020 and 2050, the elderly population will grow in size across the board. Globally, it is predicted that the proportion of adults 65 and older will increase from 9.3% in 2020 to almost 16.0% in 2050. Therefore, the rise in the ageing population is driving the growth of the weight loss products and services market.

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Key Weight Loss Products And Services Market Trend – New Technology And Development
Major players in the market for weight loss goods and services are utilizing cutting-edge technology to maintain their market share. For instance, in February 2021, Performance Health Systems, a US company operating in weight loss products and services, launched the Personal Power Plate with its whole-body vibration technology. The unique features of the new technology are that it delivers faster and more effective results for all fitness levels, regardless of physical limitations. Additionally, squats, planks, lunges, and other exercises are performed on the vibrating power plate to help attain fitness objectives and lose weight more quickly and efficiently than with only traditional training.

Weight Loss Products And Services Market Segment
1) By Products: Food, Beverage, Supplements, Other Weight Loss Products
2) By Services: Fitness Centers, Slimming Centers, Consultation Services, Other Services, and Fat Replacers
3) By Sales Channel: Supermarkets And Hypermarkets, Convenience Stores, Retail Pharmacies, E-Commerce

Weight Loss Products And Services Market Major Players and Strategies
Major players in the weight loss products and services market are Abbott Laboratories, GlaxoSmithKline plc, BASF SE, Baxter Weight Loss, B. Braun SE, Boehringer Ingelheim International GmbH, Country Life LLC, DuPont de Nemours Inc., Fitbit Inc., Fresenius Kabi AG, Glanbia plc, MuscleBlaze, Gold’s Gym International Inc., Hammer Nutrition Direct, Jarrow Formulas Inc., and Lallemand Inc.

In June 2022, Solace Nutrition, LLC, a US-based medical nutrition company, acquired R-Kane Nutritionals for an undisclosed amount. With the acquisition, Solace is expected to gain traction in the nearby nutritional management industry and allow it to offer to R-Kane clients its core manufacturing and distribution expertise. By integrating R-Kane Nutritionals into Solace, growth for both brands will be sped up, and synergies will be created. R-Kane Nutritionals, LLC, is a US-based company that caters to the weight loss products and management industry by offering high-protein meal replacement options.

The Weight Loss Products And Services Global Market Report 2023 covers regional data on weight loss products and services market size, weight loss products and services market trends and drivers, opportunities, strategies, and weight loss products and services market competitor analysis. The countries covered in the weight loss products and services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Weight loss products and services refer to the products that assist in a person’s total body weight reduction by losing muscle, water, and fat. A weight loss service will provide tips on maintaining a healthy weight over the long term and help you lose weight gradually and securely. Weight loss products and services are used by consumers facing the issues of excess body weight and obesity to get into better shape.

View More Reports Related To The Weight Loss Products And Services Market –
Weight Loss Supplements Global Market Report 2023
Weight Management Global Market Report 2023
Fitness App Global Market Report 2023

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