Market Data Forecast

Weight Loss and Diet Management Market to Witness a Fat CAGR Till 2021

The Global Weight Loss and Diet Management Market is projected to reach USD 240.3 billion by 2021 from USD 170.6 billion in 2016, growing at a CAGR of 7.16% during the forecast period, 2016-2021.

 

Hyderabad, India -- (SBWIRE) -- 03/21/2018 -- Diet Management encompasses the prescription of a diet with necessary nutritive value as per the requirement of the patient. Weight loss and diet management include the suggestion of necessary diet for the people who want to manage, both decrease and increase, the weight of their body.

This also involves the prescription of protein bars and shakes, diet pills and other supplements that assist in successfully altering one's diet to achieve a specific purpose. The global campaigns designed to make the people aware of the ill-effects of an unhealthy diet and the subsequent obesity effects are being fruitful in educating people.

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The Global Weight Loss and Diet Management Market are approximated to grow with a CAGR of 7.16% from the 2016's valuation of USD 170.6 billion, to touch USD 240.3 billion by 2021. The substantial increase in the proportion of obese and over-weight population globally is the main promoter for the growth of the market.

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The high number of obese people and diabetic people across the world gives rise to the necessity of a well-balanced diet. Several campaigns designed by the companies are being successful in expanding the reach of the weight loss procedures. According to a report by the World Health Organization, the number of obese people has doubled since the 1980s.

Overweight causes a lot of chronic diseases such as diabetes, various orthopedic diseases, and hypertension. This awareness coupled with the increasingly hurried lifestyles around the world brings the demand for the diet management market. By Equipment, the global market is commanded by the Fitness Equipment segment, due to the rising effort to be physically active, fit and agile.

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Currently, owing to the very high usage of high-calorie fast food and rampant unhealthy lifestyles, North America and Europe regions are estimated to grow at the fastest pace in the near future.
The top industries in today's market are Johnson Health Technology Co. Ltd., eDiets.com, Herbalife Ltd., Kellogg Company, Weight Watchers International Inc., Olympus Corporation and VLCC Healthcare Ltd.

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategic activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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https://www.marketdataforecast.com/market-reports/global-empty-capsules-market-439/

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