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 region, rising per capita incomes have significantly increased disposable income levels. 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 growing health consciousness, has led to increased consumer spending on various weight management products and services. Consumers, particularly in emerging middle-class populations, are increasingly opting for premium, branded weight management solutions due to their perceived superior quality, safety, and comfort. The influence of pop culture and social media further fuels this trend, making the weight management market in APAC a lucrative and growing industry 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 bariatric surgery, gastric bypass, and adjustable gastric banding, as well as non-surgical approaches. These methods promote nutrition education, meal planning, portion control, mindful eating, stress management, sleep hygiene, and physical fitness. Long-term health risks of obesity, like metabolic syndrome, type 2 diabetes, cardiovascular disease, hormonal imbalance, and certain cancers, are addressed through these interventions. Pharmacological interventions, such as anti-obesity medication, and weight regain prevention strategies, like healthy eating habits and a regular exercise routine, are also essential components of the market.

Market Research Overview

The Weight Management Market, a significant segment of the global pharmaceuticals industry, encompasses businesses involved in the research and development (R&D) or production of weight loss solutions, including non-prescription and prescription drugs. According to Technavio, the global pharmaceuticals market size is determined by the consolidated revenue generated by manufacturers and providers of medical equipment, supplies, pharmaceuticals, biotechnology, and life sciences tools and services. Factors driving the expansion of this market include the increasing global population aging, with over a quarter of the US population projected to be over 60 years old by 2050, and Europe reaching a similar demographic milestone by 2030. This demographic shift will lead to a heightened focus on weight management solutions as calorie expenditure and metabolic rate become crucial factors in maintaining overall health and managing chronic conditions associated with aging.. 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/