Weight Loss and Weight Management Market : Market Size, Share, Growth, Key Players and Industry Outlook

According to market research report Weight Loss Management Market to grow $303.81 billion by 2027, at a CAGR of 6.9%.

Increasing
number of bariatric surgeries, growing rate of obesity, increasing
prevalence of lifestyle diseases, and launch of new and advanced
products are the factors driving the growth of the market.

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Based
on diet, the weight loss and weight management market is segmented into
meals, beverages, and supplements. In 2017, the beverages segment is
expected to account for the largest share of the weight loss management
market. Growth in this segment is majorly driven by the growing diabetic
population across the globe.
The fitness equipment segment is projected to grow at the highest CAGR during the forecast period.

By
equipment, the weight loss and weight management market is segmented
into fitness equipment and surgical equipment. The fitness equipment
segment is estimated to register the highest growth rate during the
forecast period. The high growth in this segment can primarily be
attributed to the continuous technological advancements in fitness
equipment and growing accessibility to gyms.

Product launches
accounted for the largest share of the overall growth strategies mapped
from 2014–2017. Some of the leading players who adopted this strategy
are Atkins Nutritionals (US), Brunswick (US), Nutrisystem (US), Weight
Watchers (US), Amer Sports (Finland), Herbalife (US), and Johnson Health
Technology (Taiwan).

Prominent players in the weight loss and
weight management market, by diet, include Atkins Nutritionals, Inc.
(Atkins) (US), Herbalife Ltd. (Herbalife) (US), Nutrisystem Ltd.
(Nutrisystem) (US), and Kellogg Company (Kellogg) (US).

Ethicon,
Inc. (Ethicon) (US), Covidien, plc. (Covidien) (US), Apollo Endosurgery
(US), and Olympus Corporation (Olympus) (Japan) are some prominent
players in the surgical equipment market, while Brunswick Corporation
(Brunswick) (US), Amer Sports (Finland), Johnson Health Technology, Ltd.
(Johnson Health Tech) (Taiwan), Cybex International (Cybex) (US), and
Technogym SpA (Technogym) (Italy) operate in the fitness equipment
segment.

In 2016, Brunswick dominated the weight loss and weight
management fitness equipment market. The company has managed to create a
unique identity in this market due to its robust product portfolio and
large geographic presence. In addition, the company focuses on adopting
organic as well as inorganic growth strategies to maintain its leading
position in the market. For instance, in May 2017, the company launched a
new Integrity Series cardio line, including a Treadmill, Elliptical
Cross-Trainer, and Upright and Recumbent Lifecycle Exercise Bikes. To
leverage opportunities in the weight loss and weight management market,
in January 2016, the company acquired Cybex (US) which expanded
Brunswick’s portfolio of fitness products.

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In 2017, North America is expected to dominate the global weight loss management market
primarily due to factors such as the increasing incidence of obesity
and chronic diseases, rising awareness about nutrition and healthy
lifestyles, and growing number of fitness centers in the region.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
sales@marketsandmarkets.com

Source :https://pressreleasebox.com/pr/weight-loss-and-weight-management-market-market-size-share-growth-key-players-and-industry-outlook

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