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Weight Loss Supplements Market

Weight Loss Supplements Market Size, Share and Segmentation 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), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/F&B/1411 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Weight Loss Supplements Market Size was valued at USD 39.5 billion in 2021, and is expected to reach USD 117.84 billion by 2028, and grow at a CAGR of 16.9% over the forecast period 2022-2028.

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.

Weight Loss Supplements Market Revenue Graph

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.

Market Dynamics:

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.

Impact Of Covid-19:

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.

Key Market Segmentation:

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

Weight Loss Supplements Market Segment Chart

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.

Regional Analysis:

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.

Key Players:

Abbott, ABH Pharma Inc., Amway, Dub Nutrition, Euro Pharma USA, General Nutrition Centers, Inc., Glanbia plc, GlaxoSmithKline plc, Herbalife International of America, Inc.

Weight Loss Supplements Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 39.5 Billion
Market Size by 2028 US$ 117.84 Billion
CAGR CAGR 16.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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.


Frequently Asked Questions (FAQ) :

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 and Russia war

 

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

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of the good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

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