How Much Is The Weight Loss Industry Worth Globally

February 2017 report format.

How much is the weight loss industry worth globally. Within that industry commercial weight loss services are where most franchise opportunities exist. Cesena italy october 6 2018 the global wellness industry grew 12 8 in the last two years from a 3 7 trillion market in 2015 to 4 2 trillion in 2017 according to an in depth research report the 2018 global wellness economy monitor released today by the nonprofit global wellness institute gwi. It s estimated that americans spend 60 billion on weight loss products every year.

With this greater context in mind the weight loss industry as a whole was a 64 billion market in 2014. The weight loss and weight management market is estimated to reach usd 303 81 billion by 2027 from usd 175 94 billion in 2017 at a cagr of 6 9. That number makes a lot of sense when you figure in the rush to lose weight every new year.

Weight loss market is now worth a record 72 billion but the number of dieters has fallen due to the growth of the size acceptance and body positivity movement. Looking forward the market is projected to reach a value of us 269 2 billion by 2024 registering a cagr of around 6. 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.

The global weight management market was worth us 189 8 billion in 2018. Rising number of overweight and obese population coupled with rising popularity of various commercially available solutions is fueling the growth. The market has a compound annual growth rate cagr of 10 9 from 2009 to 2014.

Electronic pdf weight management market growth trends. They focus on specific diet plans meals and support networks and earned 6 3 billion in 2015. This all new data on the ten.

The global weight management market size is expected to reach usd 442 3 billion by 2025 according to a new report by grand view research inc.