Weight Loss and Management Product Market to grow from USD 175.94 billion in 2017 to USD 245.51 billion by 2022, at a CAGR of 6.9% during the forecast period.
Weight Loss and Management Product Market |
Weight loss and weight management products are more expensive as compared to conventional food & beverage products. Better-for-you products comprise premium priced food & beverage products such as low-calorie snacks, frozen desserts, and low-sugar packaged food products. Similarly, meal replacements are costlier as they are made from highly processed proteins and vitamins. Hence high prices might limit the target audience for the engaged stakeholders.
The weight loss and weight management diet market faced multiple challenges due to halting of operations, which, in turn, has disrupted the economy of numerous countries. The offline sales channel segment has especially been impacted since hypermarket/supermarkets and other retail formats have been shut due to the lockdown and customer visits are entirely restricted. On the contrary, sales through e-commerce have experienced a rise during this phase.
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Global Weight Loss and Management Product Market: Top Key Players
The AIM Companies
Life Time Fitness
Vivus
Medifast
Finish Line
Modere
Herbalife
NutriSystem
Nature’s Sunshine
lululemon Athletica
Global Weight Loss and Management Product Market: By Types
Meal Replacements
Diet Pills
Others
Global Weight Loss and Management Product Market: By Applications
Fitness Centers and Health Clubs
Commercial Slimming Centers
Hospital Health Center
Online Weight Loss Programs
Others
Healthcare organizations are now working in a dynamic environment, undergoing seismic transformations as a result of the introduction of innovative medical treatments and increased internet usage. This, along with unparalleled online access to astounding amounts of information, has made astute patients more careful. As a result, the demand for smart, affordable, and tailored healthcare services has surged. The COVID-19 pandemic has further resulted in higher demand for healthcare and related products & services further strengthening the performance of overall healthcare industry.
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Several market forces such as drivers and restraints and political, social, economic and technological advancements help shape up the industry in specific manner. All such forces are studied in detail to arrive at a market forecast which can help build the investment strategies in Weight Loss and Weight Management Product market.
FAQs
• What is the driving factor for the growth of the Weight Loss and Management Product market?
• How will the COVID-19 pandemic impact the demand and consumption of the Weight Loss and Management Product market?
• What is the major application area of the Weight Loss and Management Product market?
• Who are the Weight Loss and Management Product manufacturers across the globe?
• Which geographical location is dominant in the Weight Loss and Management Product market?
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The healthcare industry is surely facing disruptions with global economies giving high importance to individual health. In this scenario, we expect our clients to get deep insights to power their innovations in the right direction. We have been keeping a close watch on the changes and modifications happening in the healthcare domain. As per our understanding, these alterations are active and unexampled.
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