Rising Prevalence of Weight problems Spurs Development in Medically Supervised Weight Loss Applications


DUBLIN, July 14, 2023 /PRNewswire/ — The “World Weight Loss and Weight Administration Market Evaluation & Forecast to 2023-2033: Market by Product Sort, by Distribution Channel, and by Area” report has been added to ResearchAndMarkets.com’s providing.

The worldwide weight reduction and weight administration market dimension was estimated to be USD 198 billion in 2023 and is anticipated to succeed in at USD 425.4 billion by 2033 with a CAGR of seven.2%

Rising prevalence of weight problems, rising well being consciousness, rising technological developments, rising health and wellness traits, and rising funding in analysis and growth will drive the market development.

The marketplace for weight reduction and weight management has been considerably impacted by technological developments. Individuals can now measure their progress, hold tabs on their weight loss plan and train, and get tailor-made weight administration suggestions due to cell apps, wearable tech, sensible scales, and different digital instruments. As an example, Nestle S.A.’s Backyard Gourmand model debuted a plant-based meal substitute shake in Might 2023. The shake is promoted as a sensible and nutritionally sound alternative for individuals on the lookout for weight-loss therapies.

By product kind, gear and units was the very best revenue-grossing section within the international weight reduction and weight administration market in 2022 owing to the rising adoption of superior health know-how and the rising desire for home-based exercises and self-monitoring.

As an example, Herbalife Diet Ltd. introduced in April 2023 {that a} new line of plant-based protein drinks could be added to its present product lineup. The plant-based shakes are created to fulfill the rising demand within the weight discount marketplace for vegan and vegetarian options.

Meals and drinks would be the quickest revenue-grossing section within the international weight reduction and weight administration market in 2022 owing to the rising demand for handy and nutritionally balanced meal choices, rising shopper give attention to wholesome consuming habits, and the introduction of progressive and interesting product choices by producers.

By distribution channel, hospital pharmacy was the very best revenue-grossing section within the international weight reduction and weight administration market in 2022 owing to the rising prevalence of obesity-related well being situations and the rising adoption of medically supervised weight reduction packages.

As an example, Fitbit, Inc. introduced the Fitbit Luxe, a brand new health and wellness tracker, in March 2023. To help clients in reaching their weight discount and common well being objectives, the Luxe offers options together with exercise monitoring, sleep monitoring, and stress administration instruments.

On-line retail would be the quickest revenue-grossing section within the international weight reduction and weight administration market in 2022 owing to the comfort and accessibility it affords to shoppers, the increasing e-commerce platforms, and the rising pattern of on-line purchasing for weight reduction and weight administration merchandise.

Firm Profiles

  • Herbalife Diet Ltd.
  • WW Worldwide, Inc. (previously Weight Watchers)
  • Nutrisystem, Inc.
  • Atkins Nutritionals, Inc.
  • Fitbit, Inc.
  • MyFitnessPal (Below Armour)
  • Jenny Craig, Inc.
  • Medifast, Inc.
  • Amway Company
  • Abbott Diet (Abbott Laboratories)
  • Slimming World
  • Herbalife Ltd.
  • VLCC Healthcare Ltd.
  • GNC Holdings, Inc. Holdings, Inc.

Report Scope:

  • Base 12 months: 2022
  • Forecast Interval: 2023-2033
  • Examine Protection
  • Market Forecast by Product kind and Distribution Channel
  • Market Forecast for five Areas and 17+ Nations
  • North America (U.S. and Canada)
  • Europe (Germany, France, UK, Spain, Italy, Russia, Remainder of Europe)
  • Asia Pacific (China, Japan, India, Australia, South Korea, Remainder of APAC)
  • Latin America (Brazil, Mexico, Argentina, Remainder of LATAM)
  • MEA (South Africa, GCC, Remainder of MEA)
  • Exhaustive Firm Profiles of High 10+ Main Market Gamers
  • 20% Free Customization Obtainable to Meet Your Precise Requirement

Weight Loss and Weight Administration Market Evaluation & Forecast by Product Sort 2022-2033 (Income USD Bn)

  • Meals and Drinks
  • Dietary supplements
  • Gear and Gadgets
  • Companies
  • Surgical Procedures

Weight Loss and Weight Administration Market Evaluation & Forecast by Distribution Channel 2022-2033 (Income USD Bn)

  • Retail Shops
  • On-line Retail
  • Hospital Pharmacy

For extra details about this report go to https://www.researchandmarkets.com/r/9h91rk

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