Latest News- Weight Management Market: Diet is expected to lead the Type segment during 2025-2029

The Weight Management Market is being driven by Growing obese population

The Weight Management Market is expected to grow at a CAGR of 10.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 114792.8 million. In developing countries within the Asia-Pacific (APAC) region, rising per capita incomes have significantly increased disposable income. For instance, India's gross national income (GNI) Atlas method (current USUSD value) increased from USD2,380 in 2022 to USD2,540 in 2023. This economic growth, coupled with heightened health consciousness, has resulted in consumers spending more on various weight management products and services. With increased purchasing power, consumers are increasingly opting for premium, branded weight management solutions due to their perceived comfort, superior quality, and enhanced safety features. The emergence of a burgeoning middle class population in developing economies, influenced heavily by pop culture and social media, is projected to significantly boost sales within the weight management market during the forecast period. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Diet
  • Equipment
  • Services
• Distribution Channel
  • Offline
  • Online
• End-user
  • Fitness centers and health clubs
  • Commercial weight loss centers
  • Online weight loss programs
  • Slimming centers
  • Others
• Geography
  • North America
    • Canada
    • US
  • Asia
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing obese population
• Growing health awareness among end-users
• Growing number of clinical drug trials and approvals for weight loss

However, the market also witnesses some limitations, which are as follows:

• Marketing challenges associated with weight management products and services
• Risk of side effects due to weight management products and services
• High cost of weight management equipment and availability of counterfeit products

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Market Scope in Weight Management Market Research Report

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Research Analysis Overview

The Weight Management Market encompasses various interventions for long-term weight control, including weight loss surgeries such as gastric bypass, sleeve gastrectomy, and adjustable gastric banding. These procedures are followed by nutrition education, meal planning, portion control, mindful eating, stress management, sleep hygiene, physical fitness, and exercise adherence. Preventing health risks associated with obesity, like metabolic syndrome, type 2 diabetes, cardiovascular disease, hormonal imbalance, and certain cancers, is a primary goal. Pharmacological interventions, like anti-obesity medication, may also be used for weight regain prevention. Adopting healthy eating habits and a regular exercise routine are essential for sustainable weight loss.

Market Research Overview

The Weight Management Market is a significant segment of the global pharmaceuticals industry, encompassing businesses involved in the research and development (R&D) or production of weight loss solutions, including non-prescription and prescription drugs. According to Technavio's market analysis, the healthcare industry's total revenue is calculated by aggregating the earnings of manufacturers and providers in the equipment, supplies, pharmaceuticals, biotechnology, and life sciences sectors. The expansion of the global pharmaceuticals market will be influenced by several factors, including the increasing elderly population. By 2050, approximately one-quarter of the US population and Europe's population ratio is projected to reach 60 years or older. This demographic shift will create a substantial demand for weight management solutions due to the heightened health concerns associated with aging and obesity. Additionally, factors such as rising calorie expenditure imbalances and metabolic rate modifications will contribute to the market's growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/