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 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 among providers has limited price growth for these services. This competition has restrained growth in this segment... purchase to read more