Global Weight Control Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast - 2022 to 2028

The global weight control market is anticipated to grow at a CAGR of 7.0% during the forecast period (2022-2028).Weight control has presently become a medical necessity more than a personal choice. Overweight or obesity in itself is the major causes of underlying health issues. This is one of the key driving factors leading to the market growth. In the US, it is estimated that 93 million adults are obese or clinically obese with a body mass index (BMI) of 30 or more. Globally, over 650 million people are considered as obese. These numbers suggest the effective solutions to deal with obesity are weight control management. Among the several methods available, weight loss medications are likely to hold a substantial market share in the future years. By suppressing hunger and improving metabolism, these medications support in reducing obesity while also improving the fitness.

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Further, a substantial rise in the awareness levels about weight control and good nutrition are also anticipated to surge the overall market growth. As a result, various health authorities are approving these drugs as safe for the global population. For instance, the US FDA approved a medication, named Semaglutide, that promotes weight loss in overweight or obese individuals in June 2021. Semaglutide induces weight loss by reducing appetite and boosting feelings of fullness, allowing people to eat less and consume fewer calories. In the US, Novo Nordisk introduced the medicine under the brand name Wegovy. This medicine is alleged to have the potential to significantly alter patient care in the area of weight control.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered- 
By Type
By Product
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape: Abbott Laboratories, Amway Corp., and Nestlé S.A.among others.          

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Weight Control Market Report by Segment

By Type

Replacement Foods
Fat Burners
Appetite Suppressants
Diet Food and Beverages

By Product

Low-Calorie/Diet Beverages
Meal Replacements
Green Tea and Supplements

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.