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Weight Loss Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Weight Loss Services Market Research Report | ANZSIC S9512 | Aug 2015

Slim growth: External competition and volatile consumer sentiment constrain industry revenue

The Weight Loss Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$614m
Annual Growth 11-16
1.1%
Annual Growth 16-21
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Profit
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Employment
2,740
Businesses
196
Industry Analysis & Industry Trends

According to IBISWorld estimates, 64.6% of Australia's adult population is either overweight or obese. Obesity is now the leading cause of premature death and illness in Australia. Therefore, for both health and cosmetic reasons, there is growing pressure on Australians to take control of their weight. As a result, a significant amount of consumer spending is being directed towards weight loss and health. During 2015-16, Australians are expected to spend $613.6 million on weight-loss counselling services and related low-calorie foods and dietary supplements. This is up 1.2% from the previous year. Over the five years through 2015-16, industry revenue is expected to grow by an annualised 1.1%... purchase to read more

Industry Report - Industry Investment Chapter

The Weight Loss Services industry is characterised by a low level of capital intensity, although the degree of capital intensity differs between businesses. For every dollar that the industry invests in capital, operators spend $9.74 on wages. The provision of weight-loss services is highly labour-oriented, as many providers offer personal interaction and tailored services. Companies providing this model maintain a significant share of the market, benefiting by keeping members accountable and helping them remain on track.

Companies that provide diet food and supplements tend to have a higher level of capital intensity due to the need for some manufacturing and distribution equipment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Weight Loss Services Industry?

Weight-loss providers include any company offering goods or services specifically promoted as a weight-loss solution. Apart from traditional weight-loss advice and counselling services, companies in this industry offer foods and beverages targeted at those wishing to lose weight. This industry does not include gyms, personal trainers and other exercise-oriented companies.

Industry Products
Individual weight-loss counselling servicesGroup weight-loss counselling servicesFresh and frozen diet mealsDiet shakes, bars, powders and supplementsOther products and services
 
Industry Activities
Weight loss centre operation (non-medical)Weight loss counselling servicesProvision of low-calorie foods and beveragesSale of products and supplements to assist with weight loss


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