Weight Loss and Weight Management Market: Growing Intake of Fast-food With High Calories is Driving Growth
Obesity is a major contributor to the rising prevalence of chronic diseases such as heart disease, type 2 diabetes, and cancer. Obesity is becoming more common, which is driving up demand for weight loss and management techniques. Weight loss and weight management are strategies performed to maintain an individual’s body mass ratio for general health. Obesity is defined as a body mass ratio of more than 30 kg/m2 and a BMI of 25–30 kg/m2. Obesity causes health problems like strokes, high blood pressure, and coronary heart disease.
Obesity is caused by a growing adoption of sedentary lifestyles, a preference for fast food, and genetic factors, all of which are driving growth in the weight loss and weight management Market. The weight reduction and weight management industry encompasses a variety of meals, beverages, supplements, workout equipment, and surgical procedures to assist with weight management. Because of the increased health consciousness among the worldwide population, the industry is predicted to rise rapidly.
Market Drivers
The primary driving forces contributing to obesity are a rise in disposable money, an increase in the consumption of high-calorie fast food, and an increase in the acceptance of an unhealthy lifestyle due to the fast-food industry’s growth. As a result, there is a significant demand for weight loss and obesity treatment, which is fueling market expansion. Furthermore, government and profit/non-profit enterprise activities to improve physical activity and diet habits in the population at the local, regional, and global levels are fueling the growth of the global weight loss and obesity management market.
Furthermore, as a result of the increased COVID-19 outbreak, nearly 88 percent of companies have encouraged their employees to work from home, resulting in a significant decrease in people’s physical activity, resulting in weight gain and related problems, which is expected to propel the global weight loss and obesity management market growth over the forecast period.
Market Restraints
Product recalls are projected to be a major stumbling block to the global weight loss and obesity management market’s growth. For example, the Food and Drug Administration recalled Lipodrene w/25mg Ephedra Extract Dietary Supplement in May 2021 owing to the presence of an unlawful substance (DMAA) that can cause serious problems such as shortness of breath, high blood pressure, arrhythmias, and heart attack.
