Global Weight Loss Supplements Industry Analysis, Size, Market share, Growth, Trend and Forecast to 2028

According to a new market report published by Industry Probe titled ‘Weight Loss Supplements Market (Form: Powder, Capsules, Soft Gels, Tablets/Pills, Liquid, and Others (Drops, Caplets, etc.); Type: Appetite Suppressants, Carb/Fat Blockers, Fat Burners, and Others (Diuretics, Thermogenesis, etc.); End User: Men and Women; and Distribution Channel: Online [Company Website and e-Commerce Portals] and Offline [Hypermarkets/Submarkets, Specialty Stores, Brand Stores, and Drugstores]) – Global Industry Dynamics, Trends, and Forecast, 2020–2027,’ the global weight loss supplements market is expected to reach US$ 12 Bn by 2027 and expand at a CAGR of 5.5% from 2019 to 2027.

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Obesity is considered a critical threat to people across the world. The advancements in weight loss supplements have helped to raise confidence in the obese population. As the obesity rate is increasing, the weight loss supplements market is increasing with it. The anxieties of modern living, working frenetic lifestyles, and pressures of balancing a demanding work, family, and social life are inevitable. Customers want to consume healthily and get loads of exercise but are limited by their hectic lifestyles. Hence, they eat unhealthy food, due to a lack of time to prepare nutritious food. These factors are anticipated to drive the weight loss supplements market. Other factors driving an uplift in this market include increasing consumer spending capacities, rising disposable incomes, increasing knowledge about health benefits, and slim body trends. Market players are focusing on the adoption of organic and natural ingredients in the product development and expanding the distribution channel which is expected to increase the demand across the globe.
The global weight loss supplements market has been segmented based on form, category, type, end-user, distribution channel, and region. Rising awareness about health and active lifestyle is leading to an increase in participation in diet and other fitness activities which is one of the major reasons for the increase in demand for weight loss supplements in the global market. Further, the global weight loss supplements market has been divided into organic/natural, and synthetic types of products. In terms of the distribution channel, the global weight loss supplements market has been bifurcated into online and offline. The online segment has been sub-divided into the company website and e-Commerce website. The offline segment has been sub-divided into hypermarkets/submarkets, brand stores, and multi-brand stores. Moreover, in terms of type, the appetite suppressants division dominates the global weight loss supplements market. Weight loss supplement types such as appetite suppressants and fat burners are favored as these product helps to control appetite and reduce weight. Obesity has become the worst nutritional threat to the mass across the globe.

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The report covers incremental opportunity analysis and identifies and compares segments’ attractiveness based on CAGR and market share index across North America, Europe, Asia Pacific, Middle East & Africa, and South America. According to the study, the North America region accounts for a major share of the global weight loss supplements market, followed by Europe, and the Asia Pacific. Consumers in North America are increasingly taking part in several dietary plans that are driving the sales in this region. Moreover, the Asia Pacific region is expected to witness meaningful growth in the coming years due to a rise in disposable income, improvement of living standards and economic growth, demand for weight loss supplement is increasing in the Asia Pacific region.
The report includes the below mentioned pointers of major players operating in the Weight Loss Supplements Market:
• Competition Matrix
• Company Overview
• Market Share Analysis (2018)
• Product Innovation
• Business Strategies / Recent Developments
• Technological advancements
• Key mergers and acquisitions
• Expansion strategies
• Company Financials

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The weight loss supplements market is fragmented due to the presence of several players. Competition is expected to intensify in the near future with the entry of several local players. Key companies profiled in the research report include Abbott Laboratories, Amway Corp., Atkins Nutritional, Evlution Nutrition, Glanbia Plc, Herbalife International, Inc., Natrol, LLC, Natural Alternatives International, Inc., Rapid Nutrition Plc, and Reliv International, Inc.

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