Weight Loss Supplements Market Size was valued at USD 46.17 billion in 2022, and is expected to reach USD 161.03 billion by 2030, and grow at a CAGR of 16.9% over the forecast period 2023-2030.
Weight loss supplements contain minerals, spices, and fiber in different blends and sums that assist with overseeing weight. With corpulence and diabetes becoming worldwide wellbeing worries, there has been an ascent in the notoriety of weight the executives supplement items across all age gatherings. The fixings ordinarily found in weight the board supplement items are calcium, chromium, caffeine, guar gum, and bean case, among others. The item contributions for these items incorporate fluids, cases, powder and tablets, which assist with confining different ailments.
The disturbing increment has been seen in the rate of medical conditions like diabetes, cardiovascular sicknesses, and malignant growth in created economies in beyond a couple of years. Changes in food propensities, stationary way of life, and high extra cash in North America and Western Europe increment the vulnerability of people to foster medical conditions like diabetes and malignant growth. Subsequently, ascend in the frequency of well-being problems has encouraged the reception of weight loss and weight the executives. Additionally, expansion in wellness awareness in nations, for example, China and India because of progress in way of life and change in food propensities is supposed to offer rewarding business open doors to players working in the worldwide weight loss and weight the executive's diet market.
Driving Factors:
Developing vital unions significantly joint efforts and acquisitions among key market players working in the weight management.
The powdered plan makes arrangements of higher amounts of supplement and has a longer time span of usability.
Restraining Factors:
Setting down rigid administrative systems for market players to give adequate proof in regards to the security and viability.
Opportunity:
The interest for conventional medication.
Developing circulation techniques carried out by the vital participants to increment item accessibility.
Challenges:
Ascend in the occurrences of results of consuming weight loss supplements.
The COVID-19 pandemic brought about impermanent lockdowns and the conclusion of rec centers and wellness focuses bringing about people moving towards a pessimistic way of life changes and a critical decrease in proactive tasks. During the pandemic, market players saw changes in purchasers ways of behaving. The pandemic caused uncommon natural and social changes in the working of individuals' lives. Because of these unexpected and conspicuous changes, people adversely changed their dietary and way of life propensities.
By Form:
Soft Gel/Pills
Powder
Liquid
By End-User:
Men
Women
Senior Citizen
By Distribution Channel:
Pharmacies Drug Store
Health & Beauty Store
Hypermarket/Supermarket
Online Sales
Other Sales Channel
By Ingredients:
Vitamins & Minerals
Amino Acids
Botanical Supplements
Others
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The worldwide weight loss and weight the board diet market is divided into item type, deals channel, and locale. Side-effect type, the market is characterized into better-for-you, feast substitution, weight loss supplement, green tea, and low-calorie sugars. The better-for-you feast is additionally portioned into low salt items, low carb/sugar items, and low-fat items. The low-calorie sugars fragment is additionally isolated into stevia, aspartame, sucralose, saccharin, and others. By deals channel, the market is divided into hypermarket/store, specialty stores, drug stores, online channels, and others. District wise, it is examined across North America, Europe, Asia-Pacific, and LAMEA.
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-pacific
Japan
South Korea
China
India
Australia
Rest of Asia-pacific
The middle east & Africa
Israel
UAE
South Africa
Rest of middle east & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Asia Pacific territorial market is supposed to develop at a consistent CAGR during the conjecture years inferable from further developing circulation procedures carried out by the central participants to increment item accessibility. Also, undiscovered open doors in emerging nations of Asia Pacific address the developing interest around here. The developing patient pool in Asia Pacific is likewise one of the critical driving elements for the market.
Notwithstanding, North America is expected to enlist the quickest CAGR over the figure time frame inferable from the disturbing ascent in stoutness cases in the U.S. Developing stationary way of life combined with undesirable dietary propensities is prompting critical development in the instances of stoutness and related medical problems. An ascent in the quantity of wellness habitats and rec centers has been very much acknowledged and embraced by the populace as dynamic participation to seek after an in great shape way of life.
Abbott, ABH Pharma Inc., Amway, Dub Nutrition, Euro Pharma USA, General Nutrition Centers, Inc., Glanbia plc, GlaxoSmithKline plc, Herbalife International of America, Inc.
Amway-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | USD 46.17 Billion |
| Market Size by 2030 | USD 161.03 Billion |
| CAGR | CAGR 16.9% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by End User (Under 18, 18-40 Years, 40 to 50 years, above 50 Years) • by Distribution Channel (Offline, Online) • by Type (Liquid, Powders, Soft gels, Pills, Others) • by Ingredients (Vitamins & Minerals, Amino Acids, Natural Extracts/Botanicals) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Abbott, ABH Pharma Inc., Amway, Dub Nutrition, Euro Pharma USA, General Nutrition Centers, Inc., Glanbia plc, GlaxoSmithKline plc, Herbalife International of America, Inc. |
| Key Drivers | •The powdered plan makes arrangements of higher amounts of supplement and has a longer time span of usability. |
| Market Opportunities | •The interest for conventional medication. •Developing circulation techniques carried out by the vital participants to increment item accessibility. |
Ans: Form, End-User, Distribution Channel, and Ingredients segments are covered in the Weight Loss Supplements Market.
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: The Asia Pacific has the biggest offer in the Weight Loss Supplements market.
Ans: The powdered plan makes arrangements for higher amounts of supplement and has a longer time span of usability and the interest for conventional medication are the elements driving and resulting in opportunities for the Weight Loss Supplements market.
Ans: Global Weight Loss Supplements Market Size is expected to reach USD 116.9 billion by 2028, and grow at a CAGR of 16.9% over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. Pest analysis
8. Global Weight Loss Supplements market segmentation, by Form
8.1 Soft Gel/Pills
8.2 Powder
8.3 Liquid
9. Global Weight Loss Supplements market segmentation, by End-User
9.1 Men
9.2 Women
9.3 Senior Citizen
10. Global Weight Loss Supplements market segmentation by Distribution Channel
10.1 Pharmacies Drug Store
10.2 Health & Beauty Store
10.3 Hypermarket/Supermarket
10.4 Online Sales
10.5 Other Sales Channel
11. Global Weight Loss Supplements market segmentation by Ingredients
11.1 Vitamins & Minerals
11.2 Amino Acids
11.3 Botanical Supplements
11. 4 Others
12. Global Weight Loss Supplements market, by region/ country
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company profiles
13.1 Abbott
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 Swot Analysis
13.1.4 The SNS View
13.2 ABH Pharma Inc.
13.3 Amway
13.4 Dub Nutrition
13.5 Euro Pharma USA
13.6 General Nutrition Centers, Inc.
13.7 Glanbia plc
13.8 GlaxoSmithKline plc
13.9 Herbalife International of America, Inc.
14. Competitive Landscape
14.1 Competitive Bench Marking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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