In this article, we discuss the 15 biggest weight loss companies. If you want to learn more about other top weight loss companies, head over directly to 5 Biggest Weight Loss Companies.
Diets and healthy lifestyles have become a major topic of discussion in recent years. These discussions are not limited to young people but have started to spread among middle-aged and elderly people as well, as human societies improve their quality of life. The latest research suggests that 80% of consumers are aware of the impact of more fruit and vegetables on their diet. In the United States alone, people spend $33 billion each year on weight loss products.
According to the World Health Organization (WHO), more than 1.4 billion adults are overweight and face obesity problems worldwide. The statistic highlights the opportunity for weight loss companies that have exploded into the mainstream in recent years. Weight loss companies can be of different types and offer products and services such as gyms, physical activity services and health supplement manufacturers. Weight loss companies gain prominence immediately after the holiday season.
Indeed, during the holiday season, people tend to visit outlets like Starbucks Corporation (NASDAQ:SBUX), McDonald’s Corporation (NYSE:MCD), and Yum! Brands, Inc. (NYSE:YUM) with their family and end up gaining weight. As the new year dawns, people decide to lose weight during the holidays and end up shopping at weight loss companies that offer a variety of products and services to meet their specific needs.
Our methodology
These have been selected from a careful evaluation of the weight loss industry. Details of each betting company are mentioned alongside a discussion of the main companies in the sector to provide readers with some context for their investment decisions.
The biggest weight loss companies
15. Nutriase
Market capitalization: N/A
Nutriease was founded in 2003 and is a China-based company. It aims to provide weight management solutions with emphasis on non-drug intervention in weight management. The company’s parent company, Zhejiang Nutriease Health Technology, operates in the medical device sector, generating more than $25 million in revenue. The company is one of the world’s largest weight loss companies, providing obesity solutions, particularly to Chinese consumers. The company offers not only weight loss management services, but also therapeutic lifestyle programs, obesity awareness, and weight loss products for children and adults.
14. VLCC Health
Market capitalization: N/A
VLCC Healthcare, founded in 1989, was incorporated as VLCC Group in 1996. The company was established by Vandana Luthra as a beauty and weight management service center. The Indian weight loss company has made immense progress over the years. It employs more than 3,000 people. These include doctors, fitness experts, cosmetologists and nutritionists. The company has served more than 10 million customers over the past five years. There are several weight loss programs offered by the company that rely on scientific methods to provide weight loss solutions to individuals, based on their needs, health status, body composition as well as DNA screening .
13. Prosperous Tribe
Estimated valuation: $9 million
Thrive Tribe, established in 2009, is a weight loss company based in the United Kingdom. It has a large customer base in the UK, where different communities benefit from the company’s help to improve their lifestyle and health. The company bills itself as a weight management provider for men and women. In five years, 20,000 men have lost weight thanks to the programs offered by the company. One of the most popular programs is the MAN V Fat Football League, which focuses on team exercise and healthy eating. These programs are offered at over 80 locations across the UK. The company uses nutrition experts, behavioral psychologists and specialists to provide healthy lifestyle choices.
Unlike Starbucks Corporation (NASDAQ:SBUX), McDonald’s Corporation (NYSE:MCD) and Yum! Brands, Inc. (NYSE: MIAM), Thrive Tribe offers products designed to help you lose weight.
12. ABL Health
Estimated valuation: $12 million
ABL Health is another leading weight loss company. It was founded in 2008 and has grown over the past decade. The company focuses on providing specialized, evidence-based weight management services to its clients. The company has engaged 50,000 customers through the weight management services it offers. The company aims to reduce health inequalities and promote healthy lifestyle choices through community programs that reach out to the masses, particularly in disadvantaged areas.
11. Slimming world
Estimated valuation: $12 million
Slimming World was founded in 1969 by Margaret Miles-Bramwelland and is based in the United Kingdom. The founder still runs the company. The company aims to provide weight loss solutions to members and maintain a healthy weight once they achieve the goals. The company operates through a network of 3,500 consultants in the UK. Minceur World offers a diet plan and support service, Image Therapy. With over 10,000 groups, it has become the largest slimming club in the UK and Ireland. The society publishes books and directories of diets and recipes for group members. It also launched Minceur Monde magazine in 1998. In recent years the company has worked with around 60 UK health authorities and signed a public health responsibility agreement with the government, pledging to help people to develop healthy eating habits and lifestyle.
10. Rosemary Conley
Estimated valuation: $13 million
Rosemary Conley, founded in 2012, is an online company providing food nutrition, weight loss expert, diet and fitness guru services to clients around the world. The UK-based company is a leading weight loss club and run by fitness expert Rosemary Conley. The franchise has expanded to include 180 weight loss clubs with more than 80,000 members. Founder and fitness expert, Rosemary Conley, became internationally known in 1988 with her book, The hips and thighs diet, with 2 million copies sold. The fitness expert adopted a low-fat diet and guided people in losing weight and getting in shape.
In 2004, she received a CBE from Great Britain for her services to the fitness and food industries. In 1996, the Conley Rosemary Diet and Fitness The magazine was launched and quickly became an award-winning magazine. The company’s founder also served as a consultant to Marks & Spencer, helping to develop healthy, low-fat, calorie-controlled food ranges.
9. Jenny Craig
Estimated valuation: 300 million dollars
Jenny Craig Inc. was founded in 1983. It is a United States-based company founded by fitness guru Jenny Craig. The company offers customers meal delivery programs based on whole, real foods as well as motivational support sessions. The company has more than 700 weight management centers in the United States, Canada, New Zealand and Australia. The company’s goal is to provide consultations and meals to its clients who have opted for the weight loss program. Jenny Craig is one of the largest weight loss companies in the world, with 3,000 employees and 2021 revenue of $483 million. The company has worked with celebrities like Elliot Gould and Susan Ruttan, who joined the Jenny Craig program and found success. weight loss journey.
8. WW International, Inc. (NASDAQ:WW)
Market capitalization: $272 million
WW International, Inc. (NASDAQ: WW) was founded in 1963 and is one of the world’s largest weight loss management companies. It offers weight management products and services worldwide, which include nutritional, behavioral, activity and lifestyle tools and strategies. WW International, Inc. (NASDAQ: WW), created by entrepreneur Jean Nidetch, focuses primarily on diet plans and exercises to achieve customers’ desired goals. Weight loss programs are designed with a focus on maintaining a sustainable and healthy lifestyle. The company’s main strategy is to help its members lose weight by eating healthy foods and exercising more. WW International, Inc. (NASDAQ: WW) is a United States-based company with 17,000 employees and $1.2 billion in 2021 revenue.
7. GNC (General Nutrition Centers)
Estimated valuation: 500 million dollars
GNC (General Nutrition Centers), founded in 1935, is a United States-based company specializing in health and nutrition-related products. It provides vitamins, minerals, herbs, sports nutrition, diet, supplements and energy products. Weight loss supplements are developed and supplied to consumers around the world. The company operates as a retail business. The company reported revenue of more than $2.5 billion in 2021. It has more than 16,000 employees.
6. Atkins Nutritionals Inc.
Estimated valuation: 1 billion dollars
Atkins Nutritionals, founded in 1989, promotes and sells low-carb packaged foods for the Atkins diet. The company, started by Robert Atkins, is part of parent company Simply Good Foods, which sells low-carb snack bars, shakes and other healthy snacks. It is a major player in the weight loss industry, with 18,300 employees and 2021 revenue of $2.7 billion.
Unlike Starbucks Corporation (NASDAQ:SBUX), McDonald’s Corporation (NYSE:MCD), and Yum! Brands, Inc. (NYSE: MIAM), Atkins nutritional products offers products designed to help you lose weight.
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Disclosure. None. 15 Biggest Weight Loss Companies is originally published on Insider Monkey.
