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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 | Jul 2014

Eating to slim: Integrating diet foods with weight-loss services has become more popular

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
Industry Statistics & Market Size
Revenue
$603m
Annual Growth 10-15
0.6%
Annual Growth 15-20
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Profit
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Employment
2,780
Businesses
201
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 (Australian Health Survey 2011-12: 4364.0). For both health and cosmetic reasons, there is growing pressure on Australians to change this statistic. An increasing amount of consumer spending is being directed towards becoming thinner and healthier. During 2014-15, Australians are expected to spend $603.3 million on weight-loss counselling services and related low-calorie foods and dietary supplements. This is up 1.4% from the previous year. Over the five years through 2014-15, industry revenue is expected to grow by an annualised 0.6%. Revenue declined in 2012-13, as consumers cut back on discretionary spending, but returned in 2013-14... purchase to read more

Industry Report - Starting a New Business Chapter

As the industry becomes more integrated and more competitive, barriers to industry entrants grow more prohibitive. While costs involved in the more traditional counselling services sector have historically been moderate, companies now offer services and products across a variety of industry segments. The result is that clients are faced with more appealing offerings from larger players, forcing new companies to compete almost solely on price, which makes promotions challenging. Further, the growing level of integration is itself a cost barrier, as new companies are faced with the prospect of developing new foods, drinks and supplements, as well as offering personal services... 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 dietary mealsDietary 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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