About Online Weight Loss Programs
Online Weight Loss Programs are used to provide online training for people to control increasing weights and have a healthy life. According to the World Health Organization (WHO there are over 1.4 billion adults overweight and obese in the world. The overweight leads to several diseases such as cardiovascular diseases (CVD), type 2 diabetes, and other chronic diseases. This led to reducing the life expectancy of individuals. The increasing per capita disposable incomes will encourage the adoption of online weight loss programs globally.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Atkins Nutritionals, Inc. (United States), Slimming World (United Kingdom), WW International, Inc. (United States), The Kellogg Company (United States), Jenny Craig, Inc. (United States), Nutrisystem (United States), Medifast, Inc. (United States), Technogym (Italy), Herbalife Nutrition (United States), Rosemary Conley (United Kingdom), VLCC Healthcare (India), ABL Health (United Kingdom), Zhejiang Nutriease Health Technology Co Ltd (China), MoreLife (United Kingdom), General Nutrition Centers (United States) and FITTR (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Online Weight Loss Programs market by Type (Diet Weight Loss Programs, Exercise Weight Loss Programs and Others) and Region.
On the basis of geography, the market of Online Weight Loss Programs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Platform, the sub-segment i.e. Web will boost the Online Weight Loss Programs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Subscription, the sub-segment i.e. Monthly will boost the Online Weight Loss Programs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Women will boost the Online Weight Loss Programs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement In Online Weight Loss Programs
Market Growth Drivers:
Increased Usage Of The Internet And Smartphones and Increasing Rate Of Obesity And Chronic Diseases
Restraints:
High Cost Of Customized Programs
Opportunities:
Rising Intake Of High-Calorie Junk Food And Beverages, Decreasing Level Of Physical Activities Due To Growing Luxuriousness and Increasing Government Initiatives To Improve People’s Health Lifestyle
Market Leaders and their expansionary development strategies
In March 2023, WeightWatchers is stepping out of 1990s strip malls and into the remote prescribing age by snatching up Sequence, a digital health platform for clinical weight management.The well-known weight loss company has acquired Weekend Health, the corporate name of Sequence. Clinicians use the platform to provide clinical care, including prescriptions, for patients navigating chronic weight management. Sequence also claims to help patients traverse the insurance approval process.
In September 2022, Allurion, a company dedicated to ending obesity, has launched the Allurion Swallowable Capsule the only medical weight-loss device.
Analyst View
Changing socio economic environment has brought phenomenal developments in health industry and online weight loss program segment is front runner in this growth story. The online weight loss program proving the training and diet plans for reducing the weight of individual and the use of evolving digital technology enabling to reach consumer with 24/7 convenience have boosted market growth.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Online Weight Loss Programs Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.