According to the latest report by IMARC Group, titled Weight Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024, theglobal weight management marketsize reached US$ 189.8 Billion in 2018.Weight management refers to a set of practices that enable an individual to lose unwanted weight by adopting a healthy diet and increasing physical activity. The purpose of weight management is to help people attain good health and foster a better lifestyle as well as prevent and treat diseases associated with obesity or other eating disorders. With the rising obesity rates, people nowadays are consulting nutritionists and health care professionals to learn the skills necessary for weight management.
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Global Weight Management Market Trends:
In recent years, unhealthy lifestyles and increasing consumption of fast food have led to higher obesity rates. Since being overweight or obese increases the risk of health-related issues, including type 2 diabetes, heart disease, stroke, fatty liver and kidney disease, individuals are adopting nutritious diets and workout programs to stay fit and healthy. Along with this, various government and non-profit health organizations are promoting weight management programs, which offer education about healthful eating as well as modifying the persons food intake. These programs also provide information to individuals about the scientific foundation of nutrition that enables them to make informed decisions about food, cooking methods and estimating portion sizes. Besides this, the advancements made in the healthcare industry have led to the development of various surgical procedures, such as gastric bypass, sleeve gastrectomy, adjustable gastric band and biliopancreatic diversion, which aid in losing weight. Moreover, market players are launching new dietary supplements containing ingredients that help in improving metabolism. As a result of these factors, the market value is projected to reach US$ 269.2 Billion by 2024, registering a CAGR of around 6% during 2019-2024.
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