Diet Pills Market Analysis 2023 : Market Growth Rate, Competitive Landscape And Top Opportunities | GlaxoSmithKline plc, Iovate Health Sciences International Inc., Novo Nordisk A/S

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Diet Pills Global Market Report 2023 identifies the rising problem of obesity as the major driver for the Diet Pills market's growth in the forecast period. Obesity refers to weight gain that is abnormal or excessive, usually a body mass index (BMI) greater than 30, which poses a health risk. Obesity raises the risk of dying from the esophagus, colon, liver, gallbladder, pancreas, and kidney cancers. It also encourages the occurrence of disorders, including type 2 diabetes (T2D) and cardiovascular diseases (CVD). Obese people use diet pills as a form of medication to help them lose weight. Diet pills decrease a person's appetite and food cravings, thus reducing weight.

The global diet pills market size is expected to grow from $1.45 billion in 2022 to $1.62 billion in 2023 at a compound annual growth rate (CAGR) of 11.47%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global diet pills market size is expected to reach $ 2.47 billion in 2027 at a CAGR of 11.11%.

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Major competitors in the Diet Pills market are GlaxoSmithKline plc, Iovate Health Sciences International Inc., Novo Nordisk A/S, Gelesis, VIVUS Inc.

A key trend in the Diet Pills market includes the popularity of plant-based supplements. Companies operating in the diet pill market are developing plant-based diet pills to sustain their position in the market.

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The Diet Pills market is segmented -
• By Product Type: Prescription, Over The Counter, Herbal Supplements
• By Age: Teenagers, Adults
• By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Drug Stores
• By Application: Appetite Suppression, Fat Blocking, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Diet Pills market.

The Business Research Company's "Global Diet Pills Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Diet Pills Market Include:
1. Executive Summary
2. Diet Pills Market Characteristics
3. Diet Pills Market Trends And Strategies
4. Diet Pills Market - Macro Economic Scenario
5. Diet Pills Market Size And Growth
……
26. Africa Diet Pills Market
27. Diet Pills Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Diet Pills Market
29. Diet Pills Market Future Outlook and Potential Analysis
30. Appendix

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