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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 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 72.9% 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

 


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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