Weight reduction business information on the nationwide degree is difficult to acquire and analyze. There is no such thing as a nationwide commerce affiliation for the burden loss business. On the state degree, it’s much more difficult. Inside the state, there are important variations from county to county.
Native markets (on the county degree) can differ considerably by way of family earnings, weight problems ranges, and the quantity and sort of weight reduction firms and suppliers positioned there. A state’s share of the burden loss market modifications over time, relying on inhabitants development (or decline), and the share of adults which are overweight.
Listed below are the highest issues to know in regards to the largest state weight reduction markets within the U.S.:
- Revenues of weight reduction companies in California, Texas, Florida and New York characterize the most important weight reduction markets in the US — collectively estimated to seize 36% of the nationwide market.
- Annual revenues per weight-reduction plan middle can differ considerably inside a state. For instance, for facilities in Florida, their annual revenues can vary from $307,000 to $971,000 per yr, relying on the county.
- The pandemic had a significant affect on industrial weight reduction middle revenues in 2020. Receipts nationwide fell 11.2% from $1.78 billion to $1.58 billion, and the common receipts per weight-reduction plan middle fell 9.1% from $597,000 in 2017 to $542,768 in 2020.
- California is estimated to have 9.7 million dieters.
- Texas has the very best weight problems charge of the 4 key states and its weight-reduction plan facilities are forecast to develop quicker within the coming yr.
Discover Out Extra
To achieve extra insights, you should definitely take a look at the newly printed market analysis studies:
These studies present an summary of the burden loss market and canopy the affect of the pandemic, dieter demographics, market segments, and firm profiles.
In regards to the Writer: John LaRosa is the President of Marketdata LLC and is the creator of 100+ business and market research. His analysis seems in high media shops together with ABC, CNN, Fox, Forbes, USA Right this moment, The Wall Road Journal, The New York Instances, and a wide range of commerce journals.