The Diet Industry Statistics

The largest diet companies are shifting direction and changing ownership as weight watchers rebrands itself to its new name ww and focuses more on wellness jenny craig is up for sale nutrisystem gets acquired by tivity health and slim fast is acquired by glanbia a multilevel marketing firm.

The diet industry statistics. 48 percent of americans believe that the primary cause of obesity is poor diet and exercise. Girls who diet frequently are 12 times as likely to binge as girls who don t diet. The global dietary supplements market size was estimated at usd 123 28 billion in 2019 and is projected to expand at a cagr of 8 2 during the forecast period. Market size industry statistics.

But the us federal trade commission suggests that diets have a 98 percent failure rate which means big money for the. When you think of the growth in the fitness industry and the increasing attention americans are paying to health it seems counter intuitive but the number of people on a diet in the united states is steadily decreasing. And profit they do americans spend north of 60 billion annually on diet and weight loss products. Weight loss industry hit a new peak in 2018 growing 4 to 72 billion.

Due to the pandemic we have included a special section on the impact of covid 19 on the weight loss diet market which would mention how the covid 19 is affecting the industry market trends and potential opportunities in the covid 19 landscape key regions and proposal for weight loss diet market players to battle covid 19 impact. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand. Since the peak of 31 of the population in 1991 there has been a decline to only 19 in 2014.

Americans just don t diet like they used to. Statistics can display more up to date data than referenced in the text. Industry market size for diet weight reducing centers. A positive outlook toward the sports nutrition market is also among major driving factors.

The diet industry contributes to the oppression of women by perpetuating harmful myths about women s bodies for the sake of making a profit. The diet industry is a multi billion dollar industry.