Scope of the Study
Increasing awareness about the health issues related to obesity is driving the market. Weight management is the process which includes physical activity and technique that contributes to maintain the targeted weight of a person. It involves the adoption of lifestyle on the basis of age, height and gender. Weight management varies from according to the body type. An underweight person opts for weight gain, whereas the overweight person opts for weight loss. Moreover, the factors such as increasing obese people in various parts of the world is contributing to the market growth.
The market study is being classified and major geographies with country level break-up.
Atkins (United Kingdom), Brunswick (United States), Ethicon (United States), Nutrisystem (United States), Weight Watchers (United States), Amer Sports (Finland), Apollo Endosurgery (United States), Covidien (Ireland), Herbalife (United States) and Jenny Craig (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Johnson Health (Taiwan), Kellogg (United States), Technogym (Italy) and Gold's (United States).
The market of weight management is highly competitive due to various factors such as increasing health awareness, and obesity. The key players are focusing on cost reduction, new product launch and introduction of technologies. Also, the players are adopting unique competitive strategy to gain competitive advantage. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Weight Management market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Weight Management market by Type, Application and Region.
On the basis of geography, the market of Weight Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Obesity Rates across the World is driving the Market Growth
- Rising Health Consciousness among the Individuals
- Introduction of Wearable Devices and Internet of Things for Weight Management
- High costs associated with the low calorie diets and fitness equipment or services. The low calorie food products contains high amount of proteins, vitamins and minerals. It requires additional processing and also some of them are imported from other countries which makes them expensive.
- Rising Awareness about the Health Benefits
- Government Initiatives for Increasing Health Awareness in Obese Population
- Increasing Disposable Income among the Individuals
- Health Issues Due to the Change in Diet May Hamper the Market
Market Leaders and their expansionary development strategies
In February 2019, Glanbia nutritionals has announced to acquire Watson Inc. This acquisition will help the company to strengthen the capabilities in microencapsulation, agglomeration, micronizing, spray drying and edible film technologies.
In December 2019, RO has launched a weight management product that is plenity which is a class ll medical device. Plenity is synthesized from the ingredients such as cellulose and citric acid. and In March 2019, Herbalife has launched formula 1 select meal replacement shake and protein drink mix select. These are the plant based nutrition mixes which are formulated with pea, quinoa and rice proteins.
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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