Weight Loss Service Franchises
The Weight Loss Service Franchises industry operates franchised weight loss centers where customers can receive a variety of products and services. . Over the five years to 2018, the number of overweight and obese Americans and per capita disposable income increased, boosting the number of potential industry customers. Despite this opportunity, industry revenue decreased, as a result of increased external competition from free weight loss apps and similar services being offered at clinics and hospitals, resulting in lower demand for industry services. Moving forward, industry growth is projected to continue to fall as the industry continues to contend with rising external competition.
This industry includes franchised establishments that provide nonmedical services to assist clients with losing weight or maintaining a desired weight level. Reports in IBISWorld’s Business Franchise collection focus solely on the operation of franchised outlets and exclude non-franchise data. They show the total number of franchise outlets, total franchise revenue and average profit earned by franchisees. The reports also highlight the largest franchisors by market share.
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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