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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 | Sep 2016

Trimming down: Strong external competition has limited industry revenue growth

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
$635m
Annual Growth 12-17
1.3%
Annual Growth 17-22
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Profit
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Employment
2,855
Businesses
211
Industry Analysis & Industry Trends

Obesity is one of the leading causes of illness and premature death in Australia. As a result, many Australians are seeking ways to manage their weight. Australians are expected to spend $635.0 million on weight-loss counselling services and related low-calorie foods and dietary supplements in 2016-17. This is up 2.0% from the previous year. Industry revenue is expected to grow by an annualised 1.3% over the five years through 2016-17. This relatively modest growth is largely due to strong competition from both internal and external sources... 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 among businesses. For every dollar that the industry invests in capital, operators spend $10.15 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 sizeable 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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