Industry Analysis & Industry Trends
Online weight loss services took a direct hit during the recession as people lost their jobs and had less disposable income to spend on discretionary purchases. In 2010, this started to turn around, and industry revenue started to grow. In the next five years, the industry revenue is expected to continue to rise, as people with less leisure time require assistant to lose weight.... 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 2013... purchase to read more