Weight Management Market 2030: Tackling the Global Obesity Epidemic
Weight Management Market Growth & Trends The global weight management market size is expected to reach USD 298.66 billion by 2030, registering a CAGR of 9.94% over the forecast period, according to a new report by Grand View Research, Inc. The rising volumes of bariatric surgeries, rapid adoption of online weight loss & management programs, growth in disposable income levels in developing countries, government initiatives spreading awareness about the importance of weight management, and growing cases of obesity due to sedentary lifestyles are some of the major factors that are driving the market growth. For instance, as per the data from the Institute of Health Metrics and Evaluation, about 30.0% of the world’s population is either obese or overweight. The developed countries and the lower & middle-income countries are expected to face huge challenges due to obesity as the obese population may have a higher penetration of chronic diseases, which might incl...