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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 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

 


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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