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Weight Loss Services in Canada - Industry Market Research Report

Publisher IBISWorld
Published Nov 27, 2024
Length 76 Pages
SKU # IBSS19493147

Description

Weight Loss Services in Canada - Industry Market Research Report


Weight Loss Services in Canada

Weight loss services providers in Canada have struggled to appeal to the growing number of overweight or obese individuals due to rising external competition and an increase in the national unemployment rate from the COVID-19 pandemic in 2020 and 2021. However, some consumers were more willing to purchase the industry's ancillary products, such as supplements and meal replacements. A larger percentage of the Canadian population was more reluctant to purchase industry services due to the increase in economic uncertainty. As a result, industry revenue has been declining at a CAGR of 7.2% over the past five years and is expected to total $411.6 million in 2023, when revenue will jump an estimated 0.2%.

The Weight Loss Services industry in Canada provides nonmedical services to help clients lose weight or maintain a desired weight. Services include counselling, menu and exercise planning and weight and body measurement monitoring. Industry operators also sell food supplements and other weight reduction products. This industry does not include fitness centres, health resorts or medical weight education services.

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.

Table of Contents

76 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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