Global Weight Management Market 2016-2020

This market research report presents a comprehensive analysis of the global weight management market by product type (diet, services, and fitness equipment) and by geography (the Americas, APAC, and EMEA.) The leading players in this market are Abbott Nutrition, Danone, Nestlé, PepsiCo, Lovate Health Sciences, Brunswick, Johnson Health, Kellogg, Golds Gym, and Weight Watchers.

Outlook of the global weight management market

Technavio’s market research analyst predict the global weight management market to grow at a CAGR of more than 5% by 2020. The increase in the number of chronic diseases has resulted in growing demand for weight management products such as diet products, fitness equipment, and management services. This increase in health issues is pushing people towards a healthy diet and daily exercises, propelling the demand for fitness and training equipment. Moreover, a rise in the disposable income of people has boosted their purchasing power, which is expected to boost the procurement of weight management products over the next four years.

Manufacturers are continuously developing and improving their product offerings as per customers’ demands. Consumers are increasingly opting for weight management products such as supplements to remain fit and healthy. There is a growing demand for products containing special ingredients such as yacon root, which is effective for healthy weight management. Recently, MeICap Systems has developed an electronic pill, which delivers electronic stimulation to suppress appetite. Vendors are also introducing advanced fitness equipment such as foldable treadmills for the convenient use of people. Such growing demand for fitness and wellness technologies will augment this market’s growth in the coming years.

Segmentation by product and analysis of the weight management market

• Diet
• Services
• Fitness equipment

At present, the diet segment dominates the weight management market and is expected to occupy 45% of the overall market share by 2020. Much of this segment’s growth comes from the rising demand for meal replacement products, low-calorie foods and beverages, weight loss supplements, low-calorie sweetener, slimming water, and herbal tea or green tea. With the increase in the number of weight-conscious people and the growing preference for on-the-go products, the diet segment will continue to grow in the coming years. 

Geographical segmentation and analysis of the weight management market

• Americas
• APAC
• EMEA

The Americas is the leading region in the weight management market and accounted for around 40% of the overall market share in 2015. Factors such as increased awareness, high disposable income, and increased incidence of age-related health conditions have led to the increased demand for weight management products in the region. The surge in demand for fitness and training equipment and meal replacement products will augment the market’s growth in this region.

Competitive landscape and key vendors

This market is characterized by the presence of diverse international and regional vendors. The key players in the market are extending their market presence in fast-developing APAC countries such as India, Vietnam, Indonesia, and Malaysia as these countries offer lucrative market opportunities. Competition in this market is expected to intensify during the forecast period with an increase in product and service extensions, product innovations, and M&A.

Key vendors in the market are -

• Abbott Nutrition
• Danone
• Nestlé
• PepsiCo
• Lovate Health Sciences
• Brunswick
• Johnson Health Tech
• Kellogg
• Gold's Gym
• Weight Watchers

The other prominent vendors in the weight management market are 24 hours Fitness, Accell Fitness, Asian Sports & Enterprises, Atkins Nutritional, BASF, Bioalpha Holdings Berhad, Body Solid, Bullworker Enterprises, Camillotek India, Cargill, Core Health & Fitness, Creative Bioscience, eDiets.com, Fitness EM, General Mills, GLG Life Tech, Heartland Food Products Group, Hermes Sweetener, Hudson Aquatic Systems, HydroWorx, Hydro Physio, ICON Health & Fitness, Ingredion, Jenny Craig, Jerai Fitness, McNeil Nutritionals, Nautilus, NBTY, Nutrisystem, Paramount, QD Herbs, Sdn Bhd, Roquette,. SlimFast, Tate & Lyle, Technogym, Town Sport International, VLCC Health Care, White Heron Pharmaceutical, and Zydus Wellness

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global weight management market?
• What are the key market trends impacting the growth of the global weight management market?
• What are the challenges to market growth?
• Who are the key vendors in the global weight management market?
• What are the market opportunities and threats faced by the vendors in the global weight management market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global weight management market?

Technavio also offers customization on reports based on specific client requirement.

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