The Weight Loss And Weight Management Market report covers share, size, forecast by top players, regions, applications, and product types, and forecast from 2023 to 2032, along with historic data. The Weight Loss And Weight Management Market study covers in-depth insights into the competitive scenario, description, wide product portfolio of key vendors, SWOT analysis, massive business strategy adopted by competitors, revenue, Porter's Five Forces Analysis, and sales estimates. The report's primary objective is to supply a further illustration of the newest scenario, economic slowdown, and War situations impact on the overall industry and exhaustive scope to cover all the possible segments helping every stakeholder in the Weight Loss And Weight Management market.
Obesity has grown to epidemic proportions, according to a study by the Global Burden of Disease (GBD) in 2023. This study reveals that over 4 million people die each year due to obesity or overweight. This number is projected to increase further over the forecast period. One of the major factors driving the market growth is the prevalence of obesity at an alarming rate around the world.
The significant factor causing to obesity is increasing consumption of fast food, which is hazardous to an individual's health. Physical inactivity due to busy schedules and hectic lifestyle is another important factor, which can lead to obesity. Unhealthy lifestyle leads to weight gain, resulting in rising prevalence of chronic diseases such as hypertension and diabetes. All these factors are expected to contribute to market growth during the forecast years.
Weight Loss And Weight Management Market Dynamics
- Rising concerns about obesity
One of the major factors driving the market growth is the world's growing population of overweight and obese people. One of the primary reasons for this is the widespread consumption of junk and unhealthy foods. India, Germany, China, the United States, and the United Kingdom have the world's largest obese populations.
Recent Development of Weight Loss And Weight Management market:
- In January 2021, Neora launched NeoraFit, a new weight loss and wellness dietary supplement, which is a powdered dietary supplement that aids in the burning stubborn body fat.