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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

The Weight Loss Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Analysis Chapter

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, which has cut into demand for weight loss services. Nevertheless, the industry has benefited from the growing number of overweight or obese individuals, which has resulted in more individuals that may require weight loss services. However, industry revenue is expected to decline at an annualized rate of 0.6% to $2.5 billion.

Despite this trend, industry revenue is anticipated to grow 3.2% in 2014, thanks to healthcare reform, which will require health insurance providers to include screening and counseling for obese individuals... 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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