Weight Loss Industry Revenue
The weight loss and weight management market is estimated to reach usd 303 81 billion by 2027 from usd 175 94 billion in 2017 at a cagr of 6 9.
Weight loss industry revenue. Spending on diets slowed during the recession and. Outlook by beverage industry beverage. Top competitors ranking 30 year revenue analysis of the market through past recessions and fad diet cycles comprehensive dieter demographics weight loss center franchising and.
With this greater context in mind the weight loss industry as a whole was a 64 billion market in 2014. Analysis 2018 2019 no. This trend is anticipated to trigger the market growth.
Weight loss industry hit a new peak in 2018 growing 4 to 72 billion. The largest diet companies are shifting direction and changing ownership as weight watchers rebrands itself to its new name ww and focuses more on wellness jenny craig is up for sale nutrisystem gets acquired by tivity health and slim fast is acquired by glanbia a multilevel marketing firm. The weight loss bariatric surgery market.
They focus on specific diet plans meals and support networks and earned 6 3 billion in 2015. Within that industry commercial weight loss services are where most franchise opportunities exist. A hectic schedule coupled with increasing stress are resulting in higher intake of outside and takeaway food.
For instance the 3 entry on this list of the top 10 weight loss companies by revenue is only 110 million ahead in terms of revenue compared with the 10 entry signifying that the gap between. Online weight loss services are anticipated to grow over the forecast period. Of surgeries 2020 forecasts costs per surgery.
The growth of this market is majorly attributed to the growing rate of obesity increasing prevalence of lifestyle diseases and increasing number of bariatric surgeries. According to statista in 2015 revenue of fast food industry in the u s was 203 2 billion.