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Online Weight Loss Services - Industry Market Research Report

  • April 2016
  • 32 pages
  • Ibisworld
Report ID: 1835488

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Get in shape: As obesity numbers rise, consumers will seek industry services to help them lose weight



Abstract

Online Weight Loss Services

The Online Weight Loss Services industry took a direct hit during the recession as people lost their jobs and had less disposable income to spend on discretionary purchases. In the five years to 2019, the industry is anticipated to grow moderately as the economy continues to recover. Revenue is expected to grow during the period as consumers become increasingly health conscious and have higher disposable incomes, and the obesity epidemic continues to worsen. Growth will be limited however, as online weight loss programs and bloggers that offer similar services for free continue to grow in popularity and siphon demand.

This industry provides internet membership programs to consumers to assist them in losing weight or maintaining a desired weight. Online weight loss services generate revenue through subscription-based accounts and products sales. This industry does not include fitness tracking applications nor companies that generate their primary revenue through external advertisements and promotions.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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