FranchiseHelp.com defines the fitness industry as consisting of fitness centers and the weight-loss industry. IBIS World holds that fitness centers generate approximately $27 billion per year as of 2014; ABC News reports that the weight-loss industry earns approximately $20 billion per year.Continue Reading
According to IBIS World, gym, health and fitness clubs grew an approximate 2.3 percent from 2009 to 2014. The top four companies in this sector account for only 13.9 percent of total revenue, leading to an extremely fragmented industry.
ABC News reports that in 2012, approximately 108 million Americans were on diets and attempting to lose weight and that 85 percent of weight-loss product consumers were women. The fitness industry is expected to grow as Americans grow more conscious of weight and fitness levels.Learn more about Fitness & Exercise