Diet Pills Market Size Worth US$ 2,270.94 million By 2028 CAGR 10.4%: Premium Market Insights

According to Premium Market Insights new research study on "Diet Pills Market is expected to grow from US$ 1,132.55 million in 2021 to US$ 2,270.94 million by 2028; it is estimated to grow at a CAGR of 10.4% from 2021 to 2028.

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Some Of the Major Players Influencing Market are Novo Nordisk A/S, Gelesis, VIVUS LLC, Chong's Health Care, GlaxoSmithKline plc., Pfizer Inc. (Arena Pharmaceutical GmbH), Iovate Health Sciences International Inc., Zoller Laboratories, Currax Pharmaceuticals LLC., TEVA PHARMACEUTICAL INDUSTRIES LTD

The increase in self-care, the rising problem of obesity, an increase in the elderly population, and a surge in women taking dietary supplements are driving the diet pills market. However, the challenging regulatory environment is expected to restrict the market growth during the forecast period.

Diet pills are tablets used in conjunction with a good diet and exercise routine to help people lose weight. There are various options, but the NHS considers most of them ineffective. A few diet pills may be useless to help people lose weight, while others may be effective yet too dangerous to consume. Phentermine and topiramate-containing weight loss tablets have been proved to help people lose weight.

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Based on product type, the diet pills market is segmented into prescription, over the counter drugs, and herbal supplements. The prescription segment held the largest share of the market in 2021. However, the herbal supplements segment is anticipated to register the highest CAGR during the forecast period. Prescription supplements match the same manufacturing standards as pharmaceutical medications. The sales of prescription-based dietary supplements are projected to be driven by strict regulations by regulatory authorities and a lack of awareness among consumers about labeling and health claims. Over the forecast period, an increasing number of prescription dietary supplements for individuals with nutritional inadequacies for precise nutrient deliveries is likely to drive sales through the prescribed type.

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A few of the key primary and secondary sources referred to while preparing the report on the diet pills market are the World Health Organization (WHO); the Centers for Disease Control and Prevention (CDC); and Scientific Institute for Research, Hospitalization, and Healthcare (IRCCS).

Table Of Contents
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Diet Pills Market - By Product Type
1.3.2 Global Diet Pills Market - By Application
1.3.3 Global Diet Pills Market - By Age Group
1.3.4 Global Diet Pills Market - By Distribution Channel
1.3.5 Global Diet Pills Market - By Geography
2. Diet Pills Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Diet Pills - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 South and Central America - PEST Analysis
4.2.5 Middle East and Africa PEST Analysis
4.3 Experts Opinion
5. Diet Pills Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Self-Directed Care
5.1.2 Rising Problem of Obesity
5.1.3 Increase in Elderly Population and Surge in Women Taking Dietary Supplements
5.2 Market Restraints
5.2.1 Challenging Regulatory Environment
5.3 Market Opportunities
5.3.1 Shift Toward Plant-Based Supplements
5.4 Future Trends
5.4.1 Easy and Improved Access with Online Availability
5.5 Impact Analysis
6. Diet Pills Market- Global Analysis
6.1 Global Diet Pills Market Revenue Forecast and Analysis
6.2 Global Diet Pills Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
Continued…...!

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This release was published on openPR.