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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

IBISWorld’s Weight Loss Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Analysis Chapter

Like many of its Western counterparts, Australia's collective waistline is expanding. ABS Australian Health Survey data (4364.0) shows that 63.4% of all adult Australians were overweight or obese in 2011-12, up from 62.0% four years earlier. In 2008, the Baker IDI Heart and Diabetes Institute declared that Australia had become the world's fattest nation and that the health system was sitting on an obesity-related time bomb that will cost billions in health care over the next two decades. A rapidly increasing number of Australians are vowing to take action to address their weight... 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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