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 Investment Chapter
The Weight Loss Services industry is characterised by a low level of capital intensity, although the degree of capital intensity differs among businesses. For every dollar that the industry invests in capital, operators spend $10.15 on wages. The provision of weight-loss services is highly labour-oriented, as many providers offer personal interaction and tailored services. Companies providing this model maintain a sizeable share of the market, benefiting by keeping members accountable and helping them remain on track.
Companies that provide diet food and supplements tend to have a higher level of capital intensity due to the need for some manufacturing and distribution equipment... purchase to read more