Industry Analysis & Industry Trends
The Online Weight Loss Services industry took a direct hit during the recession as people lost their jobs and had less disposable income to spend on discretionary purchases. In the five years to 2019, the industry is anticipated to grow moderately as the economy continues to recover. Revenue is expected to grow during the period as consumers become increasingly health conscious and have higher disposable incomes, and the obesity epidemic continues to worsen. Growth will be limited however, as online weight loss programs and bloggers that offer similar services for free continue to grow in popularity and siphon demand.... purchase to read more
Industry Report - Starting a New Business Chapter
The Online Weight Loss Services industry is characterized by low level of barriers to entry. As obesity rates and the number of overweight Americans rises, consumers are demanding more online weight loss services and an increasing number of companies are entering the industry. Because services are offered online, industry operators require a website, workers who can prepare the necessary weight management planning material and they must have the ability to source the meals to be delivered.
Although there is little capital investment required to enter the industry, there is a high level of competition and major companies make up a considerable share of the market... purchase to read more