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 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 25.0% of total establishments. This is in line with the region's share of the population at 25.4%, according to the latest Census data. Florida has the highest share of industry establishments, estimated at 7.9% of total 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