Mar 20,2023 | Healthcare Services
In recent years, the weight loss and weight management diet has become a major concern among people. Weight loss and weight management diet typically helps to reduce or avoid unwanted weight gain. Low-sodium and low-calorie food & beverages, widely known as better-for-you (BFY) products, as they are extensively used by consumers to reduce the overall intake of calories.
Some of the major low calorie food products are brown rice, sweet potato, oatmeal, cream of hot rice cereal, whole-wheat pasta, and other healthy food products, which have gained immense popularity among consumers. Meal replacements, which include protein shakes and protein bars, are used as an alternative for regular meals to burn body fats and reduce weight. Therefore, these factors are anticipated to accelerate market growth around the world.
Moreover, the increasing prevalence of lifestyle diseases such as diabetes, along with the growing obese population around the world are a few other factors responsible for the market growth over the forecast period. For instance, the WHO data in 2016 specified that over 650 million world population was recorded to be obsessed. Also, as per the report of World Obesity Federation 2017 revealed that more than 2.7 billion global population would suffer with obesity by the year 2025.
Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the increasing number of fitness centres and gyms, increase obese population, and escalating disposable income of individuals would create lucrative growth prospects for the Weight Loss and Weight Management Diet market across the Asia-Pacific region.
Asia Pacific weight loss and weight management diet market will grow by 11.2% annually with a total addressable market cap of US$ 509.04 billion over 2022-2031, driven by the rising availability of novel diets and organic food, the growing awareness of weight control, rapid urbanization with expanding middle-class population, and the increasing need to have a healthier lifestyle amid COVID-19 pandemic.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. Obesity and weight gain issues have always been major concerns impacting the health and fitness of the individuals. Increasing levels of awareness amongst the calorie conscious consumers have opened up new avenues and opportunities for the market.
The exclusive market report from Bharatbook also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players, such as Abbott Laboratories Inc., Cargill Incorporated, General Mills Incorporation, GNC, Herbalife Nutrition, Ingredion Incorporated, Kellogg Company, Kraft Foods Inc., Medifast Inc., Nestle SA, Nutrisystem Inc., Pepsico Inc., Weight Watchers Inc.
For more insights on the market, please visit Asia Pacific weight loss and weight management diet market