A New Study states that the global weight loss market is poised to grow in the coming years “2018-2025”.
The huge consumer base is a key market driver for the growth of global weight loss market and will continue to remain due to increasing global population.
The report by experts, on “Weight Loss Market Revolution” states that the worldwide weight loss market is supposed to reach USD 442.3 billion by 2025. We are a nation of dieters – with 29million Britons attempting to lose weight over the past year.
Obesity and weight gain has become one of the biggest concerns in the developed countries. In this report, weight loss and weight management diet is defined as a diet that is consumed to lose weight, maintain body shape and avoid weight gain.
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 that are responsible for the global weight management market.
All credit goes to Weight Loss Supplement manufacturers and suppliers for growing consciousness among people about their health and well-being by maintaining perfect body weight.
As we know that overweight and obese population are more prone to chronic diseases including diabetes, hypertension, and orthopedic diseases. Thus, rising awareness about weight management techniques is driving the market growth.
The massive growth in selling weight loss supplement is a key that defines the progress of global weight loss market and confirms that it will continue to remain along with increasing global population, especially in the Asia-Pacific and Rest of the World.
According to the Institute of Health Metrics and Evaluation, 30.0% of the world’s population is either obese or overweight. Obesity poses an enormous challenge for the developed countries and the lower & middle-income countries.
The report provides an overview of the weight loss and weight management market. It aims at estimating the market size and future growth potential of this market across different segments such as diet supplements, service, meal replacements, weight loss supplements and low calorie sweeteners.
“According to recent reports, health experts predicted that in the coming years obesity will soon overtake as the leading preventable cause of cancer in the US – and -shockingly-the UK might one day follow suit.”
So it’s clear that those spare pounds aren’t a mere overflow car park for excess doughnuts.
At least 2.6 million people each year dies as a result of being overweight and obese.
The study revealed some daunting reports:
The median cost of a commercial diet program is $85.79 a week – 57% more than the $54.44 the average single American spends on food.
Weight loss supplements and programs are moving to more retail channels but still people prefer to buy the services or products from its official website.
These are the future of weight loss market. And reports are saying it will set to grow in coming years.