GITNUX MARKETDATA REPORT 2024

Weight Management Industry Statistics

The weight management industry is projected to continue growing, driven by increasing awareness of obesity and an emphasis on healthy living.

Statistic 1

"Weight management apps, like MyFitnessPal and Noom, represent a rapidly growing segment within the industry, holding a market share of around 15%."

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Statistic 2

"Over 70% of American adults aged 20 and over are either overweight or obese, fueling the demand for weight management products and services."

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Statistic 3

"Meal replacements and weight management supplements generated $3.64 billion in revenue in the U.S. in 2018."

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Statistic 4

"Weight loss services account for 80% of commercial weight loss revenues in the U.S."

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Statistic 5

"The diet pills and bariatric surgery segments collectively make up more than 30% of the weight management market."

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Statistic 6

"About 45 million Americans go on a diet each year, spending $33 billion annually on weight loss products."

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Statistic 7

"The market for wearable fitness trackers, contributing to weight management, was valued at $36 billion globally in 2020."

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Statistic 8

"Online sales of weight management products saw a 50% increase in 2020 due to the COVID-19 pandemic."

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Statistic 9

"The market for low-calorie food and beverages accounted for $10.8 billion globally in 2018."

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Statistic 10

"Consumers spent $21 billion on health clubs, gyms, and workout programs in the U.S. in 2019."

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Statistic 11

"The global weight management market is expected to grow at a CAGR of 8.3% from 2020 to 2027."

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Statistic 12

"The online weight loss program segment is expected to grow at a CAGR of 18% from 2021 to 2028."

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Statistic 13

"The weight management industry was valued at approximately $192.2 billion globally in 2019."

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Statistic 14

"In 2020, the global meal replacement market constituted an estimated $12.6 billion."

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Statistic 15

"The bariatric surgery market is projected to grow at a CAGR of 9.5% from 2021 to 2028."

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Statistic 16

"The U.S. weight loss market reached an estimated $72 billion in 2019."

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Statistic 17

"Weight management programs account for about 36% of all digital health companies."

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Statistic 18

"The global fitness and exercise market, a significant part of the weight management industry, is projected to reach $43.9 billion by 2024."

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Statistic 19

"Asia-Pacific is the fastest growing region in the weight management market, with a CAGR of 11% from 2020 to 2027."

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Statistic 20

"The market size for diet and weight management supplements in the U.S. was approximately $6.2 billion in 2020."

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