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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
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 Products Chapter

The main service segment in the industry is weight-loss counselling services, which are estimated to account for 51.7% of industry revenue in 2013-14, and dietary food and supplement products, making up for 43.6% of industry revenue.

Individual weight-loss counselling services

Weight-loss counselling services once accounted for the entire industry, and were divided into individual and group services. IBISWorld estimates that individual weight-loss counselling services will account for 36.9% of industry revenue in 2013-14, up from 34.7% in 2008-09 at the expense of group sessions. More people are opting to undertake individualised weight-loss programs tailored to specific needs to meet their targets... 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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