Industry Analysis & Industry Trends
Over the past five years, the Weight Loss Services industry tightened its belt, as low disposable income caused many consumers to curb demand for weight loss services. However, as the number of overweight and obese Americans continues to rise, demand for weight loss services will increase as well. In addition, growing awareness of the preventive role of weight loss has increased demand for industry services, with the goal of addressing health ailments, such as diabetes, heart disease and other health problems. Therefore, in the five years to 2019, favorable increases in consumers' per capita disposable income, coupled with the growing prevalence of overweight or obese individuals, will propel revenue growth... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Weight Loss Services industry has a high level of market share concentration. In 2014, the top four weight loss service firms are expected to account for 84.2% of total industry revenue. However, the industry's high level of concentration is largely attributed to strong growth from Weight Watchers, which has increased its market share significantly over the past five years. The company has been acquiring its franchises over the past five years in addition to expanding its product and service line, which has bolstered the company's market share.
By contrast, NutriSystem, the second-largest company in the industry, has divested or discontinued some of its business operations over the past five years. In 2010, NutriSystem sold its subsidiary NutriSystem Fresh Inc... purchase to read more