By 2028, this will grow to $25.67 billion, with a compound annual growth rate (CAGR) of 21.4%."
- The Business Research Company
LANDON, GREATER LANDON, UK, July 26, 2024 /EINPresswire.com/ - The diet and nutrition apps market has witnessed robust growth in the past few years, rising from $9.73 billion in 2023 to $11.80 billion in 2024 with a compound annual growth rate (CAGR) of 21.3%. The growth in the historical period can be attributed to growing health consciousness, rising interest in fitness and weight loss, increasing prevalence of diseases, growing awareness of people about health and wellness, and increase in health consciousness.
Strong future growth expected
The diet and nutrition apps market is expected to continue growing strongly and reach USD 25.67 billion by 2028 with a compound annual growth rate (CAGR) of 21.4%. The growth during the forecast period can be attributed to increased internet and smartphone usage, increased daily active users, government initiatives and programs, rising prevalence of obesity, and increasing cases of child abuse.
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Growth engine of the diet and nutrition apps market
The rising interest in fitness and weight loss is expected to fuel the growth of the diet and nutrition apps market in the future. Fitness refers to physical health and wellness achieved through regular exercise and proper nutrition, while weight loss involves reducing body weight, usually by combining calorie control with physical activity. The interest in fitness and weight loss is increasing due to the increasing awareness of health benefits and the desire to prevent lifestyle-related diseases. Diet and nutrition apps assist in fitness and weight loss by tracking food intake, providing personalized meal plans, and providing nutritional information. These tools help users set goals, monitor progress, and make informed dietary choices.
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Key players and market trends
Major players in the diet and nutrition apps market include Apple Inc., Adidas AG, Under Armour Inc., Fitbit Inc., Headspace Inc., Noom Inc., Vida Health Inc., Leaf Group Ltd. and FitOn Inc.
Major companies operating in the diet and nutrition app market are increasingly focusing on developing artificial intelligence (AI) mobile applications to enhance user experience, personalize recommendations, and improve overall functionality. Artificial intelligence mobile applications are software programs designed to run on mobile devices that incorporate artificial intelligence algorithms to provide advanced functionalities such as personalized recommendations, natural language processing, and predictive analytics, thereby improving user experience and performance.
Segments:
1) By type: Exercise and weight loss, activity tracking
2) Per service: paid, free
3) By platform: Android, iPhone operating system (iOS)
4) By device: smartphones, tablets, wearables
Geographic Insights: North America Leads the Market
North America was the largest region in the diet and nutrition apps market in 2023. Asia-Pacific is expected to be the fastest growing region during the forecast period. The regions covered in the diet and nutrition apps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Diet and Nutrition Apps Market Definition
Diet and nutrition apps are mobile applications designed to help people manage and improve their eating habits and nutritional intake. The primary purpose of diet and nutrition apps is to support users in achieving their health and wellness goals. These apps offer a range of features, including meal planning, calorie counting, nutrient tracking, and personalized diet recommendations, often integrated with other health and fitness platforms.
The Business Research Company's Global Market Report 2024 on Diet and Nutrition Apps contains the following information:
* Market size data for the forecast period: historical and future
* Market analysis by region: Asia Pacific, China, Western Europe, Eastern Europe, North America, US, South America, Middle East and Africa.
* Market Analysis by Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and much more.
The Diet And Nutrition Apps Global Market Report 2024 from The Business Research Company is the most comprehensive report that provides insights into the size of the diet and nutrition apps market, drivers and trends in the diet and nutrition apps market, major players in the diet and nutrition apps market, revenue of competitors in the diet and nutrition apps market, positioning of the diet and nutrition apps market, and growth of the diet and nutrition apps market across regions. The diet and nutrition apps market report helps you gain in-depth insights into opportunities and strategies. Businesses can leverage the data in the report and target segments with the highest growth potential.
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