Weight Loss Products And Services Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Are the Primary Drivers Supporting the Market Growth of theWeight Loss Products And Services Market?
Weight loss products and services market is set to witness significant growth, bolstered by the expanding elderly population. The term “ageing population” signifies the growing percentage of older individuals due to shifts in a population’s age demographics. Obesity and a higher incidence of excessive weight among ageing individuals are typically exacerbated by age-associated alterations in body structure, which are typified by a steady escalation in fat accumulation and a reduction in lean muscle and bone density. For example, as per the World Health Organization, a U.S.-based proficient health entity, it is predicted that by 2030, one in every six people globally will be over the age of 60, and the number of people in this demographic bracket will double to 2.1 billion by 2050. As a result, the growing elderly population contributes significantly to the expansion of the weight loss products and services market.
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#What is the Anticipated CAGR of theWeight Loss Products And Services Market, and What Factors Will Drive It?
In recent times, there has been substantial growth in the market size of weight loss products and services. This market is projected to surge from $327.11 billion in 2024 to $354.32 billion in 2025, registering a compound annual growth rate (CAGR) of 8.3%. Factors such as escalating obesity rates, escalating consciousness about health, the rise in fitness and wellness trends, the impact of social media shaping health and wellness perspectives, medical conditions, co-existing diseases, changes in dietary patterns, easy access to information, and government-led initiatives have contributed to the growth during the historical period.
The market size of weight loss products and services is projected to witness substantial expansion in the coming years. The market is expected to reach $513.94 billion in 2029, with a compound annual growth rate (CAGR) of 9.7%. Factors contributing to the growth during the forecast period include personalized nutrition, home fitness trends, corporate wellness programs, genetic testing for weight management, regulatory support and guidelines, and mental health focus. Key trends anticipated during the forecast period are the digital transformation of weight management, fitness tech integration, DNA-centric weight control solutions, cultural sensitivity and inclusivity, and regulatory oversight and transparency.
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What Are the Latest Innovations Influencing theWeight Loss Products And Services Market?
The adoption of advanced technology and its development has been identified as a significant trend in the weight loss products and services market. The leading market participants of weight loss products and services are leveraging state-of-the-art technology to preserve their market presence. For instance, in the month of July 2022, Herbalife Nutrition, a wellness organization based in the USA, unveiled the Fat Release. Crafted to assist customers in achieving their weight loss and health objectives, this product features Litramine, a patented cactus fiber sourced from prickly pear. The product’s easy-to-carry stick packs can be consumed within a two-hour timeframe of eating high-fat foodstuffs, thus making it a perfect solution when healthy options are minimal or unavailable.
Who Are the Major Industry Players Accelerating Growth in theWeight 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.
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Which Primary Segments of the Weight Loss Products And Services Market Are Driving Growth and Industry Transformations?
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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https://www.thebusinessresearchcompany.com/customise?id=8051&type=smpGlobal Weight Loss Products And Services Market, Global Weight Loss Products And Services Market Report, Global Weight Loss Products And Services Market Trends, Global Weight Loss Products And Services Market Size
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