Weight Loss Worth
Your HCG researches and discusses the worth of the U.S. weight loss market. While obesity rates are dramatically accelerating, so is the number of people on diets in the U.S. Currently, there are an estimated 75 million dieters in America, while about 80% of them are determined to lose the weight on their own. Americans spend more than $33 billion annually on weight loss, while the estimated health care cost of overweight and obese patients is at a staggering $120 billion.
Weight Loss Epidemic
As Americans are getting more obese, the expenditure on weight loss products including the HCG Diet such as HCG Injections and HCG Drops, Weight Watchers, NutriSystem and others increases as well. The term ‘HCG Diet’ was the fastest growing Health Query on Google.com in 2010 as well as being the only diet named in the top 10 health queries. To help explain its phenomenal growth, it is estimated that the HCG diet alone is helping over 500,000 people per month lose weight.
Weight Loss Companies
Commercial weight loss chains grew about 2% in 2010. However, about 80% of people on the HCG diet prefer a DIY program which may involve the dieter researching their own HCG diet info, which is up from 70% the previous year. Due to the recession, dieters are looking for less expensive DIY programs, such as HCG. Online diet websites are estimated to be worth $842 million in 2009, which is down 17%. A lot of these customers are moving to an ad-supported model. However, Weight Watchers.com is #1 with over 1 million paid subscribers. Many commercial weight loss centers are seeing a growth, due to franchising.
While growth may have been slower over the last 1-2 years, the global weight loss market is estimated to be worth $586.3 billion, with an estimated 10.9% growth from 2009 – 2014.
Your HCG also has over 75,000 Facebook fans and 45,000 twitter followers that participate in lively discussions, contests, and get support and encouragement from the Your HCG health coaches. Many of their social media discussions are about obesity and weight loss.