Weight Reduction Services
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide nonmedical weight loss services and products that include counseling, food supplements, menu and exercise planning, and body measurement and weight monitoring. Major companies include Jenny Craig, Nutrisystem, and Weight Watchers (all based in the US), as well as Dukan Diet (France), Nutrition & Diet Center (Saudi Arabia), and Rosemary Conley (UK).Excess weight is drawing concern around the globe, potentially creating demand for the industry. Traditionally a problem in developed economies, overweight and obesity rates have been increasing in low- and middle-income countries. According to World Health organization, about 2 billion adults, 18 years, and older, were overweight.
The US weight reduction services industry includes about 3,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $2 billion.
The industry doesn't include companies that provide medical or surgical weight reduction or companies that operate physical fitness facilities, health resorts, or spas. Fitness centers, health supplement stores, and spas are covered in separate industry profiles.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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