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 - Industry Products Chapter
Companies in the industry primarily generate revenue through meal deliveries and subscription-based weight management planning; however, industry operators also offer some services for free. For example, Weight Watchers offers recipes and food shopping tips on their website that are available to consumers even if they do not have a subscription. The company also offers fitness and health tips, as do many other companies in the industry. IBISWorld breaks down the industry's products and services by revenue; therefore, it includes meal delivery and subscription-based weight management planning.
Meal delivery is estimated to account for about 59.7% of industry revenue in 2014... purchase to read more