Weight Management Market Size, Share, Growth Analysis, By Function (Diet, Meals, Beverages, Supplements), By Product Type(Dietary Supplements, Fitness Equipment, Surgical Equipment, Other Equipment), By Region - Industry Forecast 2024-2031

Asia Pacific is the dominant regional market and had the largest revenue share of over 37.68% in 2022. The regional market is expected to maintain its leading position, growing at a rapid CAGR from the year 2024 to 2031. Rising hypertension & diabetes due to overweight & obese population. Furthermore, the paradigm shift towards non-invasive approaches is fueling the growth of the weight management industry. Other factors driving the growth of the market include increased awareness of the available options for weight loss and management. The increasing popularity of diet plans and fitness centers is expected to further boost the regional weight management market.

North America is estimated to be one of the fastest growing regions with a CAGR of 10.45% during 2024-2031 due to alarmingly high incidence of obesity in US. For example, according to CDC data, increased the sedentary lifestyles coupled with unhealthy eating habits are leading to a sharp rise in obesity and related health issues. This has led to a higher percentage of the population opting for gyms and wellness centers. Furthermore, major market players in North America and availability of products are anticipated to drive the regional market. The increasing demand for natural botanical food additives in North America provided continuing opportunities for key players to develop new products with Europe accounting for major revenues in 2022.