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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 | Sep 2016

Trimming down: Strong external competition has limited industry revenue growth

IBISWorld’s Weight Loss Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$635m
Annual Growth 12-17
1.3%
Annual Growth 17-22
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Profit
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Employment
2,855
Businesses
211
Industry Analysis & Industry Trends

Obesity is one of the leading causes of illness and premature death in Australia. As a result, many Australians are seeking ways to manage their weight. Australians are expected to spend $635.0 million on weight-loss counselling services and related low-calorie foods and dietary supplements in 2016-17. This is up 2.0% from the previous year. Industry revenue is expected to grow by an annualised 1.3% over the five years through 2016-17. This relatively modest growth is largely due to strong competition from both internal and external sources... purchase to read more

Industry Report - Industry Analysis Chapter

Weight-loss services are in demand across Australia, as the nation's collective waistline continues to expand. The latest available ABS Australian Health Survey data shows that 63.4% of adults were overweight or obese in 2011-12. While more Australians are trying to lose weight, the industry faces significant competition from several rival industries, such as the Gyms and Fitness Centres industry. As a result, revenue growth has been relatively week over the past five years. Industry revenue is expected grow at an annualised 1.3% over the five years through 2016-17, to reach $635.0 million. Public health awareness campaigns and an increasingly image-conscious society are expected to drive growth of 2.0% in the current years... 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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