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Weight Loss Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Weight Loss Services Market Research Report | NAICS 81219a | Apr 2017

Weighing in: An increasing number of health-conscious consumers will benefit the industry

IBISWorld’s Weight Loss Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
-6.8%
Annual Growth 17-22
Annual Growth
Profit
Profit
Employment
68,260
Businesses
38,869
Industry Threats & Opportunities
  • The growing rate of obesity and rising disposable incomes will spur growth
  • Weight loss companies have contended with high external competition
  • Many Americans are expected to turn to weight loss services to achieve their fitness goals
  • ... purchase to read more

Industry Analysis & Industry Trends

Over the past five years, the Weight Loss Services industry has contended with reduced demand, as many budget-conscious consumers curbed their use of 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 slightly from the previous five-year period. More health-conscious individuals will become aware of how weight loss plays an integral role in health and overall wellness, helping industry revenue. Further benefiting the industry, 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 SWOT Analysis Chapter

The Weight Loss Services industry is in the mature phase of its industry life cycle. Industry products are well established and weight loss companies need to differentiate their product to generate robust sales volumes, which is typically indicative of an industry in the mature life cycle stage. Despite this, over the 10 years to 2022, industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to decline at an annualized rate of 0.9%. Comparatively, GDP is anticipated to grow at annualized rate of 2.1% during the same period.

While the obesity rate is rising, which may incite more individuals to purchase industry products, weight loss companies will be subject to rising competition. In .. ... purchase to read more

Additional Insights for the Weight Loss Services Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Weight Loss Services Industry are

  • Ability to provide goods/services in diverse locations
  • Receiving the benefit of word of mouth recommendations
  • Undertaking technical research and development
  • IBISWorld analysts also discuss how external factors such as Healthy eating index and Per capita disposable income in the Weight Loss Services industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Weight Loss Services Industry?

    Companies in this industry provide nonmedical services to clients and assist these individuals with losing or maintaining a desired weight. Services typically include individual or group counseling, menu and exercise planning and weight and body measurement monitoring. Industry operators may also sell food supplements and other weight-reduction products. This industry does not include fitness centers, health resorts and spas or medical and surgical weight-reduction services.

    Industry Products
    Meeting feesIn-meeting product salesOther fees
     
    Industry Activities
    Operating nonmedical weight loss centersIndividual or group counseling for weight lossDiet workshopsSelling food supplements and other weight reduction productsMenu and exercise planningWeight and body measurement


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Healthy eating index
  • Per capita disposable income
  • Demand from primary care doctors
  • National unemployment rate
  • Current Performance
  • Obesity on the rise
  • Competition from medical services
  • Industry structure
  • Chart: Revenue Growth
  • Industry Outlook
  • Rising rate of obesity
  • Shifting competition
  • Table: Weight Loss Services Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Weight Loss Services Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Advertising Agencies
  • Couriers & Local Delivery Services
  • Frozen Food Production
  • Products & Services
  • Meeting fees
  • In-meeting product sales
  • Other fees
  • Chart: Weight Loss Services Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Consumers aged 39 and younger
  • Consumers aged 40 to 59
  • Consumers aged 60 and older
  • Chart: Major Market Segmentation for the Weight Loss Services Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Weight Loss Services
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Weight Loss Services Industry
  • Industry Globalization
    Major Companies
    Weight Watchers International Inc.
    NutriSystem Inc.
    MediFast Inc.
  • Table: Weight Watchers International Inc. - financial performance
  • Table: NutriSystem Inc. - financial performance
  • Table: MediFast Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Weight Loss Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Weight Loss Services Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per capita disposable income (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Alli
  • Over-the-counter weight loss pill that is FDA-approved.
  • Body Mass Index (Bmi)
  • A measure of body mass, which is based on a person's weight and height and is used to estimate a healthy body weight.
  • Obesity
  • A medical condition in which excess body fat has accumulated to the extent that it may have an adverse effect on health, leading to reduced life expectancy and increased health problems.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Weight Loss Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Weight Loss Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Weight Loss Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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