Industry Analysis & Industry Trends
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, cutting into demand for weight loss services. However, over the next five years, the industry is expected to rebound from the previous five-year period. As more health-conscious individuals become aware of how weight loss plays an integral role in health and overall wellness, industry revenue will grow. Further benefiting industry revenue, many physicians and health insurance providers will promote weight loss as a form of preventive care in order to lower healthcare costs... purchase to read more
Industry Report - Industry Products Chapter
As the percentage of Americans who are overweight or obese has risen over the past decade, demand for industry services has also increased. The primary offerings of the Weight Loss Services industry are weight loss services and merchandise sales.
Meeting fees make up about 48.5% of total revenue. To appeal to consumers that are increasingly technologically savvy, some weight loss companies have increasingly offered meetings over the phone, text and e-mail, although e-mails are included in the internet fees product segment. However, some individuals have still preferred the community support networks that occur through face-to-face meetings. Acc.. purchase to read more