South Korea Weight Loss and Weight Management Market Outlook
According to the report by Expert Market Research (EMR), the South Korea weight loss and weight management market share is projected to grow at a CAGR of 5.8% between 2024 and 2032. Aided by the increasing awareness of health and wellness among the South Korean population, coupled with a rising interest in fitness and body aesthetics, the market is expected to grow significantly by 2032.
Weight loss and weight management encompass a range of products and services, including diet supplements, weight loss programs, fitness equipment, and surgical procedures. These products and services are gaining popularity in South Korea due to the growing prevalence of obesity and related health concerns, such as diabetes and heart disease. The South Korea weight loss and weight management market outlook is also influenced by the country’s strong beauty and fitness culture, which emphasises slim and fit body ideals.
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The diet supplement sector, consisting of products like meal replacements, fat burners, and appetite suppressants, is one of the key drivers of the market. The rising demand for these supplements is fuelled by their convenience and effectiveness in managing weight. South Korean consumers are increasingly seeking natural and organic supplements, reflecting a broader global trend towards health-conscious choices.
Fitness equipment and services are another significant segment contributing to South Korea weight loss and weight management market growth. With increasing health awareness, there is a surge in gym memberships and purchases of home workout equipment. South Koreans are increasingly investing in personal fitness, driven by the availability of innovative and technologically advanced fitness solutions.
Additionally, the market is seeing a rise in the popularity of weight management programs, which offer personalised diet and exercise plans. These programs are designed to cater to individual needs and are often accompanied by professional guidance and support, making them a preferred choice for many seeking sustainable weight loss solutions.
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According to the South Korea weight loss and weight management market analysis, the aesthetic aspect of weight loss, such as body contouring and cosmetic surgeries, is also gaining traction in South Korea. Known as a hub for cosmetic procedures, the country sees a significant number of people opting for surgical methods for weight reduction and body reshaping. This trend is supported by advancements in medical technology, making surgeries safer and more effective.
South Korea Weight Loss and Weight Management Market Segmentation
The market can be divided based on diet, equipment, and service.
Market Breakup by Diet
- Meals
- Meal Replacements
- Low-Calorie Sweeteners
- Low-Calorie Food
- Organic Food
- Beverages
- Diet Soft Drinks
- Herbal Tea
- Slimming Water
- Others
- Supplements
- Protein Supplements
- Fibre Supplements
- Green Tea Extract
- Conjugated Linoleic Acid
- Others
Market Breakup by Equipment
- Fitness Equipment
- Cardiovascular Training Equipment
- Strength Training Equipment
- Fitness Monitoring Equipment
- Body Composition Analysers
- Surgical Equipment
- Minimally Invasive Surgical Equipment
- Noninvasive Surgical Equipment
Market Breakup by Service
- Fitness Centres and Health Clubs
- Slimming Centres and Commercial Weight Loss Centres
- Consulting Services
- Online Weight Loss Programs
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the South Korea weight loss and weight management market. Some of the major players explored in the report by Expert Market Research are as follows:
- Herbalife Korea Co.
- Jivaka Care Co.,Ltd.
- Amway Korea Co.
- LEXCO
- Fitbit LLC
- DRAX Co.
- Others
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