Industry Analysis & Industry Trends
During the past five years, the Weight Loss Services industry has contended with many budget-conscious consumers curbing their demand for weight loss services. For example, many individuals have implemented do-it-yourself fitness and dietary regimens, cutting into demand for weight loss services. However, over the next five years, the industry is expected to rebound from the previous five-year period. As more health-conscious individuals become aware of how weight loss plays an integral role in health and overall wellness, industry revenue will grow. Further benefiting industry revenue, many physicians and health insurance providers will promote weight loss as a form of preventive care in order to lower healthcare costs... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of weight loss companies is dependent on population levels in particular regions, as well as obesity rates and disposable income levels.
The Southeast has the largest share of weight loss companies in the country, with about 23.9% of total establishments. This is in line with the region’s share of the population at 25.6%, according to the latest Census data. Florida alone accounts for 7.8% of industry establishments. The Southeast is also the region with the highest rates of obesity. Kentucky, Louisiana, Mississippi and Oklahoma all have obesity rates over 30.0%, according to information from the CDC. As such, there is a greater demand for the industry’s services in this region... purchase to read more