3 Reasons Investing in Weight Loss Business is a Good IdeaJuly 5, 2018 / byHealthier Societies / Categories : Diet
Obesity rates have drastically increased over the past decade. The World Health Organization (WHO) reports that the number of obese people nearly tripled since 1975. In 2016 alone, 39% of adults were overweight and 13% were obese.
With the numbers increasing, different health and fitness methods are now gaining popularity. Obesity can lead to serious complications like heart disease, stroke, diabetes, and other chronic conditions. Therefore, investing in weight loss businesses is in-demand today.
Investing in weight loss business opportunities is a wise move. Here’s why:
The Health and Fitness Fad is as Popular as Ever
Many people in the U.S. are becoming proactive about their health. They see to it they work out and eat right, due to the weight issues many individuals suffer from. In fact, about 80% of active dieters try to lose weight by themselves but fail. This is why weight loss clinics and fitness gyms are helpful in making people lose weight.
The commercial weight loss market was worth about $2.77 billion in 2016. By 2017, it was forecasted to increase to about $3.03 billion. Therefore, investing in this industry will provide big gains for potential entrepreneurs.
Increased Demand for Weight Loss Services and Products
The number of overweight and obese people is rising. As a result, they try to lose weight through all sorts of methods. Applying the law of supply and demand, the more people enrolling in weight loss clinics or fitness gyms and buying weight loss products, the bigger the gains of businesses. The increased demand will mostly affect weight loss professionals, fitness gym enrollments, organic or healthier food choices, low-fat food products, and healthy food alternatives.
The Various Customers Involved
The weight loss market isn’t just for a single population, but it encompasses people from all walks of life, ages, class, body types, and work status. Anyone who wants to lose weight can avail of the services offered by weight loss businesses. Therefore, you’ll have a wider scope in terms of potential and target customers.
The weight loss market is a promising area to invest your money. It’s in-demand, ever-changing, and the return on investment is high.