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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 2015

Slim growth: External competition and volatile consumer sentiment constrain industry revenue

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
$614m
Annual Growth 11-16
1.1%
Annual Growth 16-21
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Profit
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Employment
2,740
Businesses
196
Industry Analysis & Industry Trends

According to IBISWorld estimates, 64.6% of Australia's adult population is either overweight or obese. Obesity is now the leading cause of premature death and illness in Australia. Therefore, for both health and cosmetic reasons, there is growing pressure on Australians to take control of their weight. As a result, a significant amount of consumer spending is being directed towards weight loss and health. During 2015-16, Australians are expected to spend $613.6 million on weight-loss counselling services and related low-calorie foods and dietary supplements. This is up 1.2% from the previous year. Over the five years through 2015-16, industry revenue is expected to grow by an annualised 1.1%... purchase to read more

Industry Report - Industry Products Chapter

Individual and group weight-loss counselling services dominate the industry, accounting for the majority of revenue. However, as the major players diversify, the diet food and supplements segments are becoming more significant.

Individual weight-loss counselling services

Individual weight-loss counselling services include one-on-one discussions and meetings with weight-loss counsellors. These services account for the largest share of industry revenue, and this share has increased slightly over the past five years. However, while more people are undertaking individualised programs tailored to meet their weight-loss targets, competition between providers has limited price growth for these services. This competition has restrained growth in this segment... 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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