Weight Loss Industry Statistics
More and more american adults are dieting each year and weight loss industry revenue continues to grow.
Weight loss industry statistics. The weight loss industry statistics from 2017 found the following. Due to the pandemic we have included a special section on the impact of covid 19 on the weight loss diet market which would mention how the covid 19 is affecting the industry market trends and potential opportunities in the covid 19 landscape key regions and proposal for weight loss diet market players to battle covid 19 impact. 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 hit a new peak in 2018 growing 4 to 72 billion. In general 53 7 of adults with higher family income more than 350 of the federal poverty level and 48 7 adults with middle family income attempted to lose extra weight. Weight loss market is now worth a record 72 billion but the number of dieters has fallen due to the growth of the size acceptance and body positivity movement.
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. Also 52 9 of adults with lower family income tried the same techniques. 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.
Marketdata enterprises publishes the u s. Rely on our market intelligence platform to get the latest trends on the weight loss industry and anticipate the future of the sector. Before and after weight loss success is possible sara borgstede owner of the holy mess website has lost 100 pounds and been maintaining that loss for the last 10 years.
Weight loss market worth 46 3 billion in 2004 forecast to reach 61 billion by 2008. Weight loss industry 2020 view trends analysis and statistics. Weight loss diet control market the study presents dollar value growth rates of 10 major weight loss market segments early 1980s to 2006 trends developments.
Americans spend 60 billion per year dieting in 2012 americans spent an estimated 65 billion trying to lose weight. Within that industry commercial weight loss services are where most franchise opportunities exist. Overview of weight loss diet market 2020 2025.