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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

IBISWorld’s Weight Loss Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 SWOT Analysis Chapter

The Weight Loss Services industry is in the mature phase of its economic life cycle. Industry value added, which measures the industry's contribution to national GDP, is expected to increase at an annualised 0.6% over the 10 years through 2020-21. This represents an underperformance of the overall economy, which is forecast to rise by an annualised 2.8% over the same period. However, demand for industry services remains strong, while competition has pushed prices lower.

The industry's products and services are well known and prominent, yet consumers continue to spend on weight loss. This is most likely due to a constant increase in the number of available weight-loss products and services on offer... 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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