The Diet and Fitness Industry is emerging by leaps and bounds every passing year. We have done a small research on the fitness industry measuring the potential, scope and current players in India and a comparison against other developed countries. The demand of Fitness Industry is flourishing by a large number as people are now aware that Healthy lifestyle should be one’s foremost priority.

Note: The data collected is on December 2017 and by now the numbers would have changed at a significant level.

Brief:

• The current retail market for health & fitness is around Rs. 7000 crores and expected to grow by Rs.10,000 crore plus

• Gym and Weight loss/gain are the most in demand requirements in Indian markets

Countries Share in the Industry- Revenue

• India stands out of competition with a negligible share of 0.5%
• The US is the biggest market
• Germany, UK, and Brazil each have a 10% coverage

Category In demand in the market

• Globally fitness stands at the highest demand
• Gym, weight loss/gain & workouts stands at the second highest priority

Category Demand India

• In India, weight loss/gain and Gym needs stand at the highest demand
• Yoga & Fitness related requirement are the second highest in demand

India’s Top Fitness Centers

• Talwalkar’s Gym
• Fitness First
• Gold’s Gym
• Fitness One
• Ozone Fitness and Spa

Market Places

• CureFit ($46 million)
• HealthifyMe ($7 million)
• HUG Innovations ($5 million)
• BolttSportsTechnologies ($1 million)
• Fitternity ($1 million)
• MobieFit Technologies ($1 million)
• Fitpass ($2 million).

Companies Capital raised and their revenues

Outside Gym

• People who are interested in having fitness, but do not prefer going to the Gym, engage in other outdoor activities like:

Key Growth Drivers Of Fitness Industry

• Growing disposable income and higher discretionary expenditure
• Rising lifestyle diseases, obesity, diabetes
• Rising awareness of healthy lifestyle among Indians
• Industry least affected by slowdown in economy
• Growing young population which is the target market
• Rapid urbanization and westernization