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Global Weight Loss and Weight Management Diet Market Size: By Product Type: Meal Replacement, Weight Loss Supplement, Beverages, Low-Calorie Sweetener, Others; By Services: Fitness Centres, Sliming Centres, Others; By Distribution Channels; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global Weight Loss and Weight Management Diet Market Outlook
The global weight loss and weight management diet market size reached a value of more than USD 190.35 billion in 2023. The market is expected to grow at a CAGR of 8.3% between 2024 and 2032, reaching a value of USD 391.55 billion by 2032.
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Key Trends in the Market
Weight loss and weight management diets refer to a set of dietary guidelines that advised to help people lose weight or maintain a specific weight. While weight loss focuses on reducing body weight, the practise of making dietary and lifestyle modifications to maintain a healthy body weight is known as weight management. Typically, dieticians and nutritionists provide these diets, recommending food items to consume and portion sizes. Based on a person's height, gender, and age, the majority of weight-management programmes encourage healthy diet and regular exercise.
- The rising incidences of obesity is one of the main factors propelling the weight loss and weight management diet market expansion. Due to poor lifestyles and excessive fast-food consumption, obesity has become more common. An increase in the prevalence of chronic conditions such as heart attacks, diabetes, hypertension, and orthopaedic disorders is associated with obesity. As a result, the demand for nutritious food and a balanced diet is promoting market expansion.
- The growing popularity of diet plans and fitness facilities, rising demand for junk food, as well as the improved understanding of weight loss and weight management alternatives, are contributing to the market's expansion. The consumption of unhealthy diets and high-calorie fast food are increasing, as a result, there is plenty of demand for obesity and weight loss treatments, which is advancing the market.
- The global weight loss and weight management diet market share is increasing as a result of numerous initiatives by various governments and for-profit/non-profit organisations to promote physical activity and positive eating behaviours at the local, regional, and international levels. Through incentives and wellness efforts, governments and businesses around the world are working to lower the prevalence of obesity and chronic illnesses.
- A number of top manufacturers have introduced fresh dietary supplements with novel blends of fibre, herbs, and minerals to aid consumers in improving their metabolism rates. This has had a favourable effect on the weight loss and weight management diet market globally.
Opportunities and Challenges in the Market
The demand for weight reduction and weight management products and services is being driven by rising public awareness of health and fitness. As individuals become more health-conscious, strive for fitness, and receive better healthcare, there are significant opportunities for the market for weight loss and weight management diets. The weight loss and weight management diet market is also expanding as a result of the increase in the number of fitness and slimming centres which offer diet guidance. The market for weight loss and weight management diets may be challenged by the expensive costs for specialised products and services, which may be out of reach for single users.
Global Weight Loss and Weight Management Diet Market Analysis
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Based on product type, the market is segmented into meal replacement, weight loss supplement, beverages, and low-calorie sweetener, among others. On the basis of services, the market is divided into fitness centres, sliming centres, consultation services, and online weight loss services. The market, on the basis of distribution channels, is segmented into hypermarkets and supermarkets, speciality stores, pharmacies, and online, among others. The regional markets for weight loss and weight management diet can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global weight loss and weight management diet market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Abbott Laboratories
- Cargill Inc.
- General Mills Inc.
- Ingredion Inc.
- Kellogg Co.
- Medifast Inc.
- Nutrisystem Inc.
- The Kraft Heinz Company
- WW International, Inc.
- PepsiCo, Inc.
- Others
Market Share by Product Type
Throughout the forecast period, the global weight loss and weight management diet market is anticipated to develop fastest in the beverage sector. Commonly used beverages for weight loss and weight management include low-calorie liquids such as slimming water, herbal teas, and protein shakes. Drinking green tea, coffee, or high-protein beverages can speed up a person’s metabolism, make them feel full, and curb the appetite, making their consumption key trends in weight loss industry. Green tea is linked to good health and is a popular weight loss beverage, packed with antioxidants.
Market Share by Distribution Channel
Online distribution channels are anticipated to witness significant growth in the weight loss and weight management diet market. Consumers can discreetly and easily place orders online, view a wide variety of products, and avail of various deals and discounts. Products are also shipped directly to the homes of consumers, increasing their likelihood of using the products. Manufacturers are promoting their products on online marketplaces such as Amazon and Etsy to generate sales. It is primarily related to the one may get while buying products online. Some market players have condensed their supply chains and send their products directly from warehouses to clients, eliminating extra fees for retailers.
Market Share by Region
North America is predicted to be one of the leading regions in the weight loss and weight management diet market, due to factors including rising prevalence of obesity, cardiovascular diseases, diabetes, sedentary lifestyles, and unhealthy diets. Additionally, the presence of significant market players in North America and easy accessibility to new products would further support the regional market. Opportunities for major businesses to create new weight loss and weight management products are further being created by the increased demand for natural, plant-based supplements in North America.
Meanwhile, the Asia Pacific is growing to become a significant regional market for weight loss and weight management diets. The rising prevalence of obesity, diabetes, and hypertension along with the growing awareness of complications of being overweight are supporting the market expansion. Additionally, the weight loss and weight management diet market is growing due to a paradigm shift toward minimally invasive and non-invasive procedures.
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Competitive Landscape
General Mills Inc., based in Minnesota in the United States, is a major American manufacturer of packaged consumer foods, including snacks, flour, prepared mixes, breakfast cereals, and other products, catering to a wide audience of consumers. General Mills Inc was established in 1928 and is also one of the major manufacturers of food service equipment globally.
Ingredion Inc., with its headquarters in Illinois, United States, is one of the top providers of ingredient solutions globally. Founded in 1906, the company produces a variety of everyday products, ranging from food to pharmaceuticals, including sweeteners, starches, nutrition components, and biomaterials. They represent 60 varied industries, including, paper, food, and beverage, and brewing sectors, among others.
Medifast Inc. was founded in 1981 and distributes a wide range of weight loss, weight management, and healthy living products under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company has its headquarters in Maryland in the United States and its product line consists of over 95 consumables, such as bars, nibbles, oatmeal, cereal crunch, drinks, smoothies, shakes, soft bakes, and soups.
Other market players include Abbott Laboratories, Cargill Inc., Kellogg Co., Nutrisystem Inc., The Kraft Heinz Company, WW International, Inc., and PepsiCo, Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Services |
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| Breakup by Distribution Channels |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Weight Loss and Weight Management Diet Market Analysis
8.1 Key Industry Highlights
8.2 Global Weight Loss and Weight Management Diet Historical Market (2018-2023)
8.3 Global Weight Loss and Weight Management Diet Market Forecast (2024-2032)
8.4 Global Weight Loss and Weight Management Diet Market by Product Type
8.4.1 Meal Replacement
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Weight Loss Supplement
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Beverages
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Low-Calorie Sweetener
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Weight Loss and Weight Management Diet Market by Services
8.5.1 Fitness Centres
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Sliming Centres
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Consultation Services
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Online Weight Loss Services
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.6 Global Weight Loss and Weight Management Diet Market by Distribution Channels
8.6.1 Hypermarkets and Supermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Specialty Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Pharmacies
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Online
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Weight Loss and Weight Management Diet Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Weight Loss and Weight Management Diet Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Weight Loss and Weight Management Diet Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Weight Loss and Weight Management Diet Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Weight Loss and Weight Management Diet Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Weight Loss and Weight Management Diet Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Abbott Laboratories
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Cargill Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 General Mills Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Ingredion Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Kellogg Co.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Medifast Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Nutrisystem Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 The Kraft Heinz Company
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 WW International, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 PepsiCo, Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Weight Loss and Weight Management Diet Market: Key Industry Highlights, 2018 and 2022
2. Global Weight Loss and Weight Management Diet Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Weight Loss and Weight Management Diet Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Weight Loss and Weight Management Diet Historical Market: Breakup by Services (USD Million), 2018-2023
5. Global Weight Loss and Weight Management Diet Market Forecast: Breakup by Services (USD Million), 2024-2032
6. Global Weight Loss and Weight Management Diet Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
7. Global Weight Loss and Weight Management Diet Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
8. Global Weight Loss and Weight Management Diet Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Weight Loss and Weight Management Diet Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Weight Loss and Weight Management Diet Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Weight Loss and Weight Management Diet Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Weight Loss and Weight Management Diet Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Weight Loss and Weight Management Diet Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Weight Loss and Weight Management Diet Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Weight Loss and Weight Management Diet Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Weight Loss and Weight Management Diet Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Weight Loss and Weight Management Diet Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Weight Loss and Weight Management Diet Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Weight Loss and Weight Management Diet Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Weight Loss and Weight Management Diet Market Structure
Key Questions Answered in the Report
In 2023, the global market for weight loss and weight management diets attained a value of nearly USD 190.35 billion.
The market is projected to grow at a CAGR of 8.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 391.55 billion by 2032.
The major drivers of the weight loss and weight management diet market include the rising disposable income, growing consumption of fast food, increased awareness of available aides for weight loss and management, and initiatives by various governments through incentives and wellness programs.
The rising prevalence of obesity and growing popularity of diet plans and fitness centres are the key trends propelling the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The market on the basis of distribution channels is segmented into hypermarkets and supermarkets, speciality stores, pharmacies, and online, among others.
The major players in the market are Abbott Laboratories, Cargill Inc., General Mills Inc., Ingredion Inc., Kellogg Co., Medifast Inc., Nutrisystem Inc., The Kraft Heinz Company, WW International, Inc., and PepsiCo, Inc., among others.
The different product types in the market include meal replacement, weight loss supplement, beverages, and low-calorie sweetener, among others.
The key principles of weight loss and weight management include protein consumption, calorie restriction, and regular exercise.
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