According to FutureWise analysis, the Weight Loss and Obesity Market in 2025 is US$168.42 billion and is expected to reach US$297.16 billion by 2032 at a CAGR of 8.6%.
Weight loss and weight management products include a range of machines and medications that help to lose weight or reduce excess weight in overweight and obese people. Preventive care is essential due to increasing obesity and overweight worldwide. Obese individuals are more susceptible to developing chronic diseases, such as diabetes, high blood pressure, and orthopedic problems. Market growth is being driven by increased awareness of weight loss methods. In the same way, people are more aware of how to lose weight and are adopting healthier eating habits and participating in exercise to stay healthy. Technologies and medications are available to assist obese or overweight people to lose weight or maintain their weight. Obesity refers to a chronic medical condition marked by abnormal accumulation or storage of fat. To calculate BMI, the Body Mass Index. Weight loss and obesity can be treated with a variety of methods, including diet and exercise, nutritional supplements, weight-reduction surgery, and medication. Sedentary lifestyles and unhealthy eating habits have made obesity a major problem in the last few years. These are some of the key reasons driving growth in the weight management and weight loss market. Similar factors are driving market development, including growing disposable incomes and increased customer purchasing power, the emergence and popularity of gym culture, and the expansion of dietary supplement usage.
A high number of chronic diseases such as diabetes, hypertension, and orthopedic disease are reported by the obese and overweight population. Market growth is being driven by the increasing prevalence of obesity. Due to poor eating habits and lack of exercise, childhood obesity is on the rise all over the globe. There is an increase in inactivity due to the increased hours spent in front of computers and televisions. Obese and overweight children are more likely to develop chronic diseases early in life. A growing number of unhealthy and sedentary lifestyles, including increased intake of junk food and physical inactivity, are all contributing to weight gain. Additionally, people are increasingly stressed and lead more hectic lifestyles, which can lead to unhealthy health consequences. These factors collectively contribute to the market's growth. The rapid globalization of digitalization is making it easier to access information about the effects of obesity.
FutureWise Market Research has released a report that provides an in-depth analysis of Weight Loss and Obesity Market trends that will impact the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report provides insights into the current standing of prominent market players in the competitive landscape analysis of this market.
According to a research study conducted by FutureWise research analysts, the Weight Loss and Obesity Market is expected to achieve substantial growth by the end of the forecast period. The report predicts that this business is expected to register a notable growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.