Global $198 Billion Weight Loss and Weight Management Market Analysis & Forecasts to 2033: Increasing Prevalence of Obesity Spurs Growth in Medically Supervised Weight Loss Programs

Key Facts

The global weight loss and weight management market size was estimated to be USD 198 billion in 2023 and is expected to reach at USD 425.4 billion by 2033 with a CAGR of 7.2% Increasing prevalence of obesity, growing health awareness, rising technological advancements, increasing fitness and wellness trends, and increasing investment in research and development will drive the market growth.
By product type, equipment and devices was the highest revenue-grossing segment in the global weight loss and weight management market in 2022 owing to the increasing adoption of advanced fitness technology and the growing preference for home-based workouts and self-monitoring.
Food and beverages will be the fastest revenue-grossing segment in the global weight loss and weight management market in 2022 owing to the rising demand for convenient and nutritionally balanced meal options, increasing consumer focus on healthy eating habits, and the introduction of innovative and appealing product offerings by manufacturers.
Online retail will be the fastest revenue-grossing segment in the global weight loss and weight management market in 2022 owing to the convenience and accessibility it offers to consumers, the expanding e-commerce platforms, and the growing trend of online shopping for weight loss and weight management products.