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Weight Loss Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Weight Loss Services Market Research Report | NAICS 81219a | Jun 2014

Weighing in: New markets will drive demand, but increasing competition will temper growth

IBISWorld’s Weight Loss Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
-0.6%
Annual Growth 14-19
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Profit
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Employment
56,726
Businesses
29,904
Industry Analysis & Industry Trends

During 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 Investment Chapter

The Weight Loss Services industry has a low level of capital intensity. In 2014, for every dollar spent on labor, the industry incurs about $0.03 in capital expenditures. In general, the capital requirements necessary to start a weight loss company are low. Industry operators will typically invest in a central location, although some companies operate strictly online and deliver meals to consumers' homes. Additionally, industry operators will invest in computers and software as well as scales and exercise equipment for client use. As a personal service industry, labor expenses are high for industry operators and account for about 31.1% of revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Weight Loss Services Industry?

Companies in this industry provide nonmedical services to clients and assist these individuals with losing or maintaining a desired weight. Services typically include individual or group counseling, menu and exercise planning, and weight and body measurement monitoring. Industry operators may also sell food supplements and other weight-reduction products. This industry does not include fitness centers, health resorts and spas, or medical or surgical weight-reduction services.

Industry Products
Weight loss servicesMerchandise sales
 
Industry Activities
Operating nonmedical weight loss centersIndividual or group counseling for weight lossDiet workshopsSelling food supplements and other weight reduction productsMenu and exercise planningWeight and body measurement


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