Weight Loss and Obesity Management Market, By Diet Type (Meals, Supplements, and Beverages), By Product & Services (Equipment, Services, and Drugs), By Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) – Market Size & Forecasting To 2028

Obesity is a medical condition in which the body has accumulated an excessive amount of fat. Obesity is not only related to external physical appearance but also impacts the whole human body. It increases the risk of chronic diseases, which reduces the life expectancy rate of individuals. An increase in the prevalence of the obese population drives the growth of weight loss and obesity management market in the future. As per a published report in 2018 by the World health organization (WHO), the number of people is almost tripled since 1975 and approx. 41 million child are facing obesity around the globe. 

The rising pace of obesity, increase in consumption of junk food, technological advancements, and rise in the number of chronic diseases driving growth for weight loss and obesity management market. Obesity management is adopting a healthy lifestyle based on the age, sex, and gender of the person.

In the US around 17% of adults and children are affected by obesity and more than one in every three adults. The market is growing due to an increase in the incidence rate of obesity. Growing obese population, rise in disposable income in developing economies propelling the market growth.

Some Initiatives by the government and awareness programs of healthy lifestyles rising demand for healthy food & beverages which promoting the market growth.

Weight loss and obesity management market also boosting due to rising number of bariatric surgeries. These surgeries are the last option to treat obese people. An increase in disposable income also promoting more demand for weight loss and obesity management products as they are more costly than conventional food & beverages so consumers can found them affordable.

Reduction in the physical activity, which restricts movement of people and also a growing chain of junk food restaurants contributing the growth of weight loss and obesity management market. Some deceptive marketing strategies conducted by some players restricting the growth of this market. But due to globalization and digitalization now everyone is access to information & can we help people not follow deceptive advertisements.

Diet Outlook

Based on the diet, the market is segmented into meals, supplements, and beverages. Diet is considered one of the most effective remedies for weight loss and obesity management. Those are a planned and balanced combination of food that allows the body to get every nutrient in the right amount. Customization and personalization as per the patient’s requirements gaining a trend nowadays.

A beverage includes green tea, diet soft drinks, and slimming water, which helps to boost the metabolism of the body results in a reduction of fat. Supplements include protein, fiber powder, which is easily available in the market, and due to availability, it is growing within of segment.

Product & Services Outlook

Based on product & services, the market is segmented into equipment, services, and drugs. The equipment segment in the product and services categories lead the market during the forecast period. Equipment includes cardiovascular training equipment, other fitness monitoring equipment. Equipment’s are now easily available & gained popularity in youth population to lose weight. The industry is evolving as it demands now bariatric surgical equipment to treat obese patients. Bariatric surgeries are considered as last option in obesity treatments after diet, exercise failed to show results.

Services include fitness centers, consulting centers, and some online services, which carry different activities for the population.

Regional Outlook

Based on regional outlook, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. In North America the market is witnessing growth due to a higher preference for low-calorie food and beverages. Fitness equipment is also rising due to many technological advancements. As on the other side low-cost alternatives as well as the high cost of personalization services hindering the growth of this market.

In Europe, rising health consciousness and wellbeing in population demanding more growth opportunities for this market

In the Asia Pacific region, the market is growing at a fast pace due to the increase in the number of obese and diabetic population, sedentary lifestyle, and growing disposable income.

Increase in obese population leading growth of the market in the Middle East and Africa region. Almost 50% of the population is obese in this region

In South America, the market is growing due to efforts of public awareness programs which sees an increase in demand for healthy lifestyle food & to prevent obesity.

Key Developments

  • The U.S. FDA approved Novo Nordisk semaglutide to treat dibetes which reduces blood sugar level and helping people to lose weight.
  • Another new drug created by Novo Nrdisk named Saxendacan reduce craving and falls into a batch of obesity management drugs.

Competitive Landscape

The weight loss and obesity management producers are fragmented globally & major players within this industry use different strategies such as new product launches, joint ventures, acquisitions, etc. Companies are looking over to expand their operation geographically & to build a strong product portfolio. Key players focus on holding a strong foothold in the market & for this they looking for some organic & inorganic growth strategies.

Key Market Players

The leading market players in the weight loss and obesity management market are Atkins Nutritionals, Inc., Herbalife Ltd., Nutrisystem Ltd., and Kellogg Company, Ethicon, Inc., Covidien, plc., Apollo Endosurgery, Amer Sports, Johnson Health Technology, Ltd. (Johnson Health Tech), Cybex International, and Technogym SpA, Takeda Pharmaceutical Company Ltd, Eisai Co., Ltd., F. Hoffmann-La Roche Ltd, VIVUS Inc., Herbalife Ltd., Apollo Endosurgery, THE COCA-COLA COMPANY, Nestlé SA, PepsiCo, Novo Nordisk

Market Segmentation

By Diet

  • Meals 
  • Beverages
  • Supplements

By Product & Services:   

  • Equipment
  • Services
  • Drugs

By Age Group:

  • Children
  • Adults
  • Geriatric

By Region

North America Weight Loss and Obesity Management Market

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by Product & Services
  • North America, by Age Group

Europe Weight Loss and Obesity Management Market

  • Europe, by Country
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe 
  • Europe, by Product & Services
  • Europe, by Age Group

Asia Pacific Weight Loss and Obesity Management Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific 
  • Asia Pacific, by Product & Services
  • Asia Pacific, by Age Group

Middle East & Africa Weight Loss and Obesity Management Market

  • Middle East & Africa, by Country 
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • Middle East & Africa, by Product & Services
  • Middle East & Africa, by Age Group

South America Weight Loss and Obesity Management Market

  • South America, by Country 
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • South America, by Product & Services
  • South America, by Age Group

Objectives of this report:

  • To estimate market size for weight loss and obesity management market on regional and global basis.
  • To identify major segments in weight loss and obesity management market and evaluate their market shares and demand.
  • To provide a competitive scenario for the weight loss and obesity management market with major developments observed by key companies in the historic years.
  • To evaluate key factors governing the dynamics of weight loss and obesity management market with their potential gravity during the forecast period.

Reasons to Buy This Report:

  • Provides niche insights for decision about every possible segment helping in strategic decision making process.
  • Market size estimation of the weight loss and obesity management market on a regional and global basis.
  • A unique research design for market size estimation and forecast.
  • Identification of major companies operating in the market with related developments
  • Exhaustive scope to cover all the possible segments helping every stakeholder in the weight loss and obesity management

Customization:

This study is customized to meet your specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country
  • Product Specific Competitive Analysis

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