Shaping Wellness: Global Weight Loss Supplements Market to Reach $67.79 Bn by 2028 || Nestle SA, Abbott Laboratories, GlaxoSmithKline plc, Kraft Heinz Company, Kellogg Company, Ajinomoto Co. Inc.

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Weight Loss Supplements Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The weight loss supplements market size has grown rapidly in recent years. It will grow from $38.38 billion in 2023 to $43.14 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to increasing health consciousness, changing lifestyles and diets, rising obesity rates, media and celebrity influence, product innovation and marketing.

The weight loss supplements market size is expected to see rapid growth in the next few years. It will grow to $67.79 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. The growth in the forecast period can be attributed to continued focus on health and fitness, preventive healthcare trend, personalized nutrition solutions, e-commerce and direct-to-consumer trends, regulatory support and compliance. Major trends in the forecast period include holistic approach to weight management, marketing strategies emphasizing health benefits, greater transparency and clean labeling, collaboration with fitness and wellness industries, sustainable and eco-friendly practices.

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Key Market Players:

Major companies operating in the weight loss supplements market report are Nestle SA, Abbott Laboratories, GlaxoSmithKline plc, Kraft Heinz Company, Kellogg Company, Ajinomoto Co Inc., Amway Corp, Glanbia plc, Herbalife Nutrition Ltd., GNC Holdings Inc., Isagenix International LLC, Shaklee Corporation, Nature's Sunshine Products Inc., Clif Bar & Company, BPI Sports LLC, BioTech USA Kft., General Nutrition Centers Inc., Iovate Health Sciences International Inc., Grenade (UK) Ltd., Vitaco Health Ltd., MusclePharm Corporation, MuscleTech Health Sciences Inc., CytoSport Inc., Ultimate Life Ltd., Atkins Nutritionals Inc., Hi-Tech Pharmaceuticals Inc., Cellucor Nutrition, Transparent Labs LLC, Nutratech Ltd., Bio-Synergy Ltd., Creative Bioscience LLC, Nature's Bounty Co, NutraBio Labs Inc., Nutrex Research Inc., Optimum Nutrition Inc., ProSupps USA LLC, Quest Nutrition LLC, Scitec Nutrition Limited

Market Drivers:

The growing obese population is driving the growth of the weight loss supplements market. Obesity refers to the abnormal or excessive accumulation of fat, which might impair the health of individuals. In recent years, obesity has become a public health challenge across the globe, with a substantial contribution to global mortality and morbidity. The growing obese population is predicted to boost demand for weight loss supplements as these are widely adopted by individuals as healthy options to reduce weight. For instance, according to the World Health Organization (WHO), over 1 billion people globally are obese currently (2022), of that, 650 million are adults, 340 million are adolescents and 39 million are children. By 2025, around 167 million people; adults and children will become less healthy as they are overweight or obese. Thus, the growing obese population is expected to boost demand for weight loss supplements during the forecast period.

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The weight loss supplements market covered in this report is segmented -

1) By Type: Liquid, Powder, Softgels, Pills, Other Types
2) By Ingredients: Vitamins & Minerals, Amino Acids, Natural Extracts/Botanicals
3) By Distribution: Offline Channel, Online Channel
4) By End User: Under 18 years, 18 to 40 years, 40 to 50 years, Above 50 years

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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