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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 2013

Steadily expanding: Health consciousness and growing obesity drive industry growth

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
Market Share of Companies
Industry Statistics & Market Size
Revenue
$644m
Annual Growth 09-14
2.8%
Annual Growth 14-19
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Profit
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Employment
4,250
Businesses
1,893
Industry Analysis & Industry Trends

According to the Australian Bureau of Statistics, more than 70.0% of Australian males and 56.2% of females are overweight or obese. For both health and cosmetic reasons, there is growing pressure on Australians to change this statistic. An ever-growing amount of consumer spending is being directed towards getting thinner and healthier. During 2013-14, Australians are estimated to spend $643.7 million on weight-loss counselling services, low-calorie foods and dietary supplements in their quests to slim down. This is up 3.6% from the previous year, and with annualised growth of 2.8% over the past five years. Stronger industry growth has returned in 2012-13 and 2013-14 following two years of low growth in 2010-11 and 2011-12, when uncertain consumers cut back on discretionary spending... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Industry value added is estimated to increase at an annualised 2.1% in the 10 years through 2013-14, which is lower than estimated national GDP growth over the same period of 2.5%. Therefore, the industry is in the mature phase of its life cycle. Industry revenue growth has proven remarkably resilient to drops in consumer sentiment and economic uncertainty in past years. Also, industry growth continues to be mainly driven by females, with males estimated to only account for 20.0% of industry revenue in 2013-14, despite the very high obesity level.

The industry's products and services have been wholeheartedly embraced for some time, yet consumers continue to spend more on weight loss than ever... 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 targeted as a weight-loss solution. As well as traditional weight-loss advice and counselling services, companies offer a variety of 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 dietary mealsDietary shakes, bars, powders and supplements
 
Industry Activities
Weight loss counselling servicesProvision of low-calorie foods and beveragesSale of products and supplements to assist with weight loss


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