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The Weight Loss Ingredients market projected to reach $35,247.9 Million by 2028 growing at a CAGR of 3.32% from 2019 to 2028.

07-12-2021 10:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Magna Intelligence

Protein ingredients are protein-rich materials used as ingredients in food, beverage products such as dietary supplements, sports nutrition products, bakery products, dairy products, ready meals, infant formula, and desserts. They are rich in nutrients with the correct amount of amino acids, and they provide essential nutrients to humans and animals. They are also used for combatting nutritional deficiencies and to tackle problems such as cardiovascular diseases, weight management, and many other problems. Protein ingredients can be both animal-based (derived from products produced by animals), such as egg, whey, and casein, and plant-based (derived from plants), such as soy, wheat, and pea. Appetite suppressants act primarily on the neurochemical transmitters of the central nervous system to reduce food intake. Caffeine and Inulin are most widely used appetite suppressants. The ingredients that helps or boost the metabolism process. They increase metabolic rate and stimulates thermogenesis — the process by which the body burns calories. Green Coffee Extract forms the largest revenue share of this category; whereas, green tea is most widely consumed metabolism booster.
Dietary Supplements segment is expected to be the highest contributor to this market, with $9,194.0 Million in 2018, and is anticipated to reach $12,825.1 Million by 2028, registering a CAGR of 3.38%. Functional Foods segment is anticipated to reach $9,958.4 Million by 2028 with the highest CAGR of 3.53%. Dietary Supplements and Functional Beverages segments collectively expected to account for about 65.5% share of the Weight Loss Ingredients market in 2018, with the former constituting around 36.2% share. Functional Foods and Dietary Supplements segments are expected to witness significant growth rates at a CAGR of 3.53% and 3.38% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 63.8% in the overall Weight Loss Ingredients market in 2018, and is anticipated to reach 64.6% by 2028.

https://www.magnamrc.com/industry-reports/Global_Weight_Loss_Ingredients_Market_to_2028

The animal protein ingredients segment dominated this segment of market and expected to continue the trend in near future as well. An increase in the number of health-conscious people worldwide is the major reason for the demand for protein ingredients. Also, growing preference for plant based protein ingredients such as pea, rice, canola, and potato-based protein ingredients is anticipated to boost the market during the forecast period.
The US Weight Loss Ingredients market was valued at $6,030.1 Million in 2018, and is projected to reach $8,350.0 Million by 2028 growing at a CAGR of 3.30% from 2019 to 2028. Proteins segment is expected to be the highest contributor to this market, with $2,140.7 Million in 2018, and is anticipated to reach $2,772.2 Million by 2028, registering a CAGR of 2.61%. Absorption Inhibitors segment is anticipated to reach $617.9 Million by 2028 with the highest CAGR of 4.03%. Proteins and Fat Burners segments collectively expected to account for about 62.9% share of the US Weight Loss Ingredients market in 2018, with the former constituting around 35.5% share. Absorption Inhibitors and Metabolism Boosters segments are expected to witness significant growth rates at a CAGR of 4.03% and 3.87% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 17.5% in the overall US Weight Loss Ingredients market in 2018, and is anticipated to reach 18.6% by 2028.
The penetration rate of weight loss products in this region is high due to increased disposable income and health consciousness among people. Consumers have become more price-sensitive and prefer products that offer value rather than high priced specialty products. The rising healthcare cost and increasing number of obese and overweight people will further increase the demand in the region during the forecast period.

https://www.magnamrc.com/reports/buy-now/34082

Functional foods are ingredients that offer health benefits that extend beyond their nutritional value. Functional foods and beverages are those foods and beverages to which special ingredients are added so that they provide additional health benefits. Regular food items such as cereals, bread, yogurts, snacks, and beverages are converted into functional foods by fortifying them with vitamins, herbs, or other nutrient-rich ingredients. Fortified/functional beverages experiences highest growth as nearly all beverage categories innovate in functionality. Functional beverages are a segment of non-alcoholic beverages that contain vitamins, herbs, pre- and probiotic live bacteria and yeasts, non-digestible fiber, amino acids, or raw vegetables and fruits. Functional beverages also include ready-to-drink (RTD) teas that have functional benefits as well as non-dairy beverages that provide nutrition for lactose-intolerant individuals or those who are looking to cut down on dairy fats.

https://www.magnamrc.com/industry-reports

Retail volume sales of fortified/functional (FF) beverages affected during the review period, and this trend extended into 2021as well. Demand was boosted by the pandemic, which heightened consumer interest in health and wellness – particularly with regard to weight management. Prior to the onset of COVID-19, consumption of FF beverages was largely limited to younger adults, but the pandemic led to increased interest among affluent older counterparts. But at the same time market faced challenges such as high unit prices and increased price sensitivity and availability, trade barriers. Dietary supplement is a product that aids in ingestion, and comprises of dietary ingredient that further add nutritional value to the supplements. Dietary supplements are available as one or a combination of substances such as minerals, amino acids, vitamins, and herbs. Furthermore, dietary supplements are available in various forms such as powders, pills, tablets, liquids, and gel caps. The aim of using dietary supplements is basically to add nutrients and a few other supplements to the diet to help to improve health and reduce the risk of diseases.

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Magna Intelligence, a market research and consulting company, is the fastest growing company within the space. Our growth is fuelled by a dynamic and changing global markets and strong demand for market research Intelligence and tricky consulting requirements. The need to have more complex information for critical business decisions is forcing us to investigate into newer companies and markets to identify new hot pockets for investments. Lot many equity research companies rely on us for secondary information for business forecasting. Our Intelligence provide the breadth of information that has strategic importance to our clients. Detailed think tanks, our outreach to the datasets and amplification of information, lets us uniquely help our clients to achieve their business goals and help them make their strategic decisions

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