Nutrition & Weight Management Market - Global Market Size, Industry Trends, Competitive Landscape, and Opportunities and Forecast 2022 - 2030
The Global Nutrition & Weight Management Market accounted for US$ 119.9 Bn in 2021 and is expected to reach US$ 258.4 Bn by 2030 with a considerable CAGR of 9.1%during the forecast timeframe of 2022 to 2030.
Living a healthy lifestyle can be tough for a normal person due to the body's complicated genetic makeup or rapidly increasing mass. In recent years, medical conditions, temperament, and diet, among other factors, have all been linked to weight gain in people. Obesity has more than doubled since 1980, according to the World Health Organization. More than 600 million individuals were obese in 2014, accounting for approximately 13% of the worldwide population. Furthermore, obesity is linked to more fatalities worldwide than being underweight. Obesity, on the other hand, can be avoided with dietary changes mixed with fitness or physical exercise. Therefore, reducing such incidents, increasing awareness of a healthy lifestyle, and concurrently increasing nutritional demand promote the nutrition and weight management market.
Parameter |
Nutrition & Weight Management Market |
Nutrition & Weight Management Market Size in 2021 |
US$ 119.9 Billion |
Nutrition & Weight Management Market Forecast By 2030 |
US$ 258.4 Billion |
Nutrition & Weight Management Market CAGR During 2022 – 2030 |
9.1% |
Nutrition & Weight Management Market Analysis Period |
2018 - 2030 |
Nutrition & Weight Management Market Base Year |
2021 |
Nutrition & Weight Management Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Type, and By Region |
Nutrition & Weight Management Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Atkins Nutritionals, Inc., Olympus Corporation, Ethicon, Inc., Nutrisystem, Inc., Herbalife Nutrition, Johnson Health Technology, Ltd., Covidien, Apollo Endosurgery, The Kellogg Company, and Cybex International |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Nutrition & Weight Management Market Dynamics
A nutritionist can help with muscle growth, nutritional advice, toning specific areas, and general fitness. While designing a suitable nutritional diet, a nutritionist will consider the implications of these components, resulting in solutions that are both feasible and sustainable. Furthermore, increased bariatric surgeries, rapid adoption of online nutrition and weight management programs, growth in consumer spending in emerging regions, increased government initiatives to raise awareness about lifestyle modification, and rising cases of obesity due to sedentary lifestyles can all be attributed to market growth. According to the Department of Health Metrics and Evaluation, 30.0 percent of the world's population is fat or overweight. Obesity is a serious issue in both developed and developing countries, and that's what drives the market.
Chronic ailments such as hypertension, diabetes, and orthopedic problems are widespread in fat and overweight people. As a result, the expanding obese population is driving market expansion. Childhood obesity is becoming more prevalent around the world as a result of factors such as poor eating habits and insufficient physical activity.
The increased spending time in front of smartphones and laptops as a result of the COVID 19 pandemics has led to an increase in unproductive hours. As a result, overweight or obese people are considerably more likely to develop chronic diseases once they are young. Increased junk food consumption, a lack of physical activity, and the expansion of the fast-food business all contribute to an unhealthy and sedentary lifestyle that leads to weight gain. Additionally, hectic work schedules and increased stress encourage people to consume fast food, which has serious health consequences. As a result, many of these factors are propelling the market growth. Growing interconnectivity and modernization make it easier to learn about the hazards of obesity.
Market Insights
The global nutrition and weight management market is divided into two segments: type, and region. The type segment further divided into nutritional, training equipment and services. Nutrition is classified into meals, beverages, and supplements. According to market research, the beverages sector is predicted to dominate the market. This segment's substantial proportion can be ascribed to rising consumer awareness of low-calorie foods and drinks in emerging economies, an increasingly obese population, and a growing diabetes population.
Furthermore, the training equipment segment is divided into fitness equipment, cardiovascular training equipment, body composition analyzers, fitness monitoring equipment. The service section includes information on fitness centers, slimming centers, consultancy services, and online weight loss programs.
Global Nutrition & Weight Management Market Geographical Competition
North America is estimated to have the greatest share of the global nutrition and weight management market throughout the forecast period, followed by Europe and the Asia-Pacific region. Rising obesity and chronic illness prevalence, an increase in the number of gyms, improved understanding of nutrition and healthy lifestyles, and increased disposable income all contribute to the growth of the nutrition and weight management market. The United States has led the North America nutrition and weight management industry due to the country's rising prevalence of overweight and obesity, as well as improved awareness about individual well-being and increased discretionary income. Furthermore, customers in the region prefer botanical and non-herbal weight control options such as lowering beverages and carbohydrate convenience foods like powders, shakes, soups and bars are driving the market.
Global Nutrition & Weight Management Industry Segment Analysis
Nutrition & Weight Management Market By Type
· Nutrition
o Meals
o Beverages
o Supplements
· Fitness Training
o Cardiovascular Training Equipment
o Strength Training Equipment
o Others
· Services
o Fitness Centers
o Consultation Services
o Sliming Centers
o Online Weight Loss Services
Nutrition & Weight Management Market Leading Companies
This section of the study honors the market's top vendors Atkins Nutritionals, Inc., Olympus Corporation, Ethicon, Inc., Nutrisystem, Inc., Herbalife Nutrition, Johnson Health Technology, Ltd., Covidien, Apollo Endosurgery, The Kellogg Company, and Cybex International are the key companies mentioned in the research.
Nutrition & Weight Management Market Regional Overview
North America
· U.S.
· Canada
Europe
· U.K.
· France
· Germany
· Spain
· Rest of Europe
Latin America
· Mexico
· Brazil
· Rest of Latin America
Asia-Pacific
· India
· China
· Japan
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· South Africa
· GCC
· Rest of Middle East & Africa