The global weight management market is growing significantly due to escalating
technological advancement, increasing innovation in weight management
ingredients, and increasing prevalence of obesity. According to National Health and Nutrition
Examination Survey (NHANES) in 2009-10, more than 78 million U.S. adults were
obese. Similarly, as per World Health Organization (WHO), approximately 2.8
million people die each year due to obesity.
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Massive unexplored market in weight management industry and increasing medical tourism in
developing economies are creating ample opportunities for the weight management market to grow at a considerable rate during the forecasted
period. In addition, the advanced research and development facilities, and
innovative product developments by the companies are propelling the growth of
the weight management industry.
The weight management market is categorized on the basis of diet and
equipment. On the basis of diet, the market can be categorized as meals,
supplements, and beverages. Diet leads the market due to increasing prevalence
of obese cases, technological advancement and increasing health consciousness
of people. The meals can be further segmented as meal replacement, organic food
and others; whereas, supplements can be segmented as protein, fiber and others.
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Some of the companies
operating in the global weight management market are Amer
Sports, Technogym SPA, Weight Watchers International Inc., Ediets.Com Inc.,
Jenny Craig Inc., Medtronic Inc., Kellogg Company, Brunswick Corporation, Jenny
Craig Inc., Atkins Nutritionals Inc., Herbalife Ltd., Apollo Endosurgery Inc., Nutrisystem
Inc., Cyber International, Inc., and Johnson & Johnson.
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