Month: July 2018

Categories
Weight Loss Products

Weight Loss Dietary Supplements Market to Witness Passive Growth US$ 37177.6 Million by 2026

As per the latest study by Persistence Market Research (PMR), the global weight loss dietary supplements market is anticipated to witness healthy growth. The market is likely to register 6.0% CAGR throughout the forecast period 2017-2026. The global weight loss dietary supplements market is also estimated to bring in US$ 37,177.6 million revenue by 2026 end.

With obesity becoming a global health concern, weight loss continues to be one of the most focused areas. Hence, increasing number of companies are coming up with the new products in weight loss supplements. The increasing consumption and demand for weight loss dietary supplements, regulations on the production of these supplements along with ingredients used are also gaining traction in various countries. The government in various countries are also focusing on the quality and quantity of ingredients used and if any of these ingredients can have severe side-effects, affecting the health of the consumers negatively.

Increasing use of Natural and Organic Ingredients in the Weight Loss Dietary Supplements

The negative effects of being obese and overweight are resulting in the increasing use of weight management products. Consumers are also adopting weight loss supplements in forms of pill, liquid, and powder. Hence, with the increase in the use of these supplements, manufacturers are also trying to produce safer products, thereby using organic and natural ingredients and plant-based ingredients. Among various ingredients, green tea extract is considered as one of the most popular and safest ingredients in the weight loss dietary supplements. Similarly, Garcinia cambogia is also being considered as an ingredient in the weight loss supplements. However, these ingredients have been reported to have adverse effects like a headache, constipation, UTI. Hence, there has been an increase in the investment in the research on other organic ingredients that can be used to produce weight loss supplements.

Global Weight Loss Dietary Supplements Market: Segmental Insights

The global weight loss dietary supplements market includes various segments such as end-user, form, ingredients, distribution channel, and region. Based on the form, the market is categorized into powder, liquid, and soft gell/pills. Soft gell/pills are expected to dominate the market during the forecast period. By the end of 2026, soft gell/pills are expected to exceed US$ 18,500 million revenue.

Based on the end-user, the segment consists of men, women and senior citizen. Among these, women are expected to be the largest users of weight loss dietary supplements. Women segment as the end-user is estimated to create an incremental opportunity of more than US$ 7,900 million between 2017 and 2026.

By Distribution Channel, pharmacies drug store is expected to emerge as the largest distribution channel for the weight loss dietary supplements. Pharmacies drug store is estimated to account for more than one-third of the revenue share by the end of 2017.

Based on the ingredients, the segment consists of amino acids, vitamins minerals, botanical supplements, and others. Vitamins minerals are expected to emerge as one of the largest used ingredients in the weight loss dietary supplements. By the end of 2026, vitamins minerals are estimated to exceed US$ 16,900 million revenue.

Region-wise, the market is categorized into Europe, North America, Asia Pacific Excluding Japan (APEJ), Latin America, Japan, and the Middle East and Africa (MEA). Among the given regions, North America is expected to dominate the global weight loss dietary supplements market throughout the forecast period 2017-2026.

Global Weight Loss Dietary Supplements Market: Competitive Assessment

Key players in the global weight loss dietary supplements market are Amway (Nutrilite), Abott Laboratories, GlaxoSmithKline, Glanbia, Herbalife International, Pfizer, American Health, Stepan, Nature’s Sunshine Products, and FANCL.

Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/20380

Categories
Weight Loss Products

Weight Loss Dietary Supplements Market to Rise of US$ 37177.6 Million by 2026

As per the latest study by Persistence Market Research (PMR), the global weight loss dietary supplements market is anticipated to witness healthy growth. The market is likely to register 6.0% CAGR throughout the forecast period 2017-2026. The global weight loss dietary supplements market is also estimated to bring in US$ 37,177.6 million revenue by 2026 end.

With obesity becoming a global health concern, weight loss continues to be one of the most focused areas. Hence, increasing number of companies are coming up with the new products in weight loss supplements. The increasing consumption and demand for weight loss dietary supplements, regulations on the production of these supplements along with ingredients used are also gaining traction in various countries. The government in various countries are also focusing on the quality and quantity of ingredients used and if any of these ingredients can have severe side-effects, affecting the health of the consumers negatively.

Request to View Sample of Research Report @ https://www.persistencemarketresearch.com/samples/20380 

Increasing use of Natural and Organic Ingredients in the Weight Loss Dietary Supplements

The negative effects of being obese and overweight are resulting in the increasing use of weight management products. Consumers are also adopting weight loss supplements in forms of pill, liquid, and powder. Hence, with the increase in the use of these supplements, manufacturers are also trying to produce safer products, thereby using organic and natural ingredients and plant-based ingredients. Among various ingredients, green tea extract is considered as one of the most popular and safest ingredients in the weight loss dietary supplements. Similarly, Garcinia cambogia is also being considered as an ingredient in the weight loss supplements. However, these ingredients have been reported to have adverse effects like a headache, constipation, UTI. Hence, there has been an increase in the investment in the research on other organic ingredients that can be used to produce weight loss supplements.

Global Weight Loss Dietary Supplements Market: Segmental Insights

The global weight loss dietary supplements market includes various segments such as end-user, form, ingredients, distribution channel, and region. Based on the form, the market is categorized into powder, liquid, and soft gell/pills. Soft gell/pills are expected to dominate the market during the forecast period. By the end of 2026, soft gell/pills are expected to exceed US$ 18,500 million revenue.

Based on the end-user, the segment consists of men, women and senior citizen. Among these, women are expected to be the largest users of weight loss dietary supplements. Women segment as the end-user is estimated to create an incremental opportunity of more than US$ 7,900 million between 2017 and 2026.

By Distribution Channel, pharmacies drug store is expected to emerge as the largest distribution channel for the weight loss dietary supplements. Pharmacies drug store is estimated to account for more than one-third of the revenue share by the end of 2017.

Based on the ingredients, the segment consists of amino acids, vitamins minerals, botanical supplements, and others. Vitamins minerals are expected to emerge as one of the largest used ingredients in the weight loss dietary supplements. By the end of 2026, vitamins minerals are estimated to exceed US$ 16,900 million revenue.

Region-wise, the market is categorized into Europe, North America, Asia Pacific Excluding Japan (APEJ), Latin America, Japan, and the Middle East and Africa (MEA). Among the given regions, North America is expected to dominate the global weight loss dietary supplements market throughout the forecast period 2017-2026.

Access Report with Table of Contents @ https://www.persistencemarketresearch.com/methodology/20380 

Global Weight Loss Dietary Supplements Market: Competitive Assessment

Key players in the global weight loss dietary supplements market are Amway (Nutrilite), Abott Laboratories, GlaxoSmithKline, Glanbia, Herbalife International, Pfizer, American Health, Stepan, Nature’s Sunshine Products, and FANCL.

Categories
Weight Loss Products

Lawsuit is ‘trivial,’ say diet supplement companies facing class action

NEWARK, N.J. (Legal Newsline) – Three diet supplement companies defending themselves against allegations of fraud and other charges told a federal judge in New Jersey July 19 that plaintiffs are barred from prevailing in the case because they can’t prove injury or loss and that their claims are “de minimis,” or trivial.

In their 21-page answer filed July 19 in U.S. District Court for New Jersey, Diet Works, VitaQuest Intl. and Windmill Health Products listed 22 separate defenses denying that plaintiffs in the class action are entitled relief. 

“Plaintiffs’ claims are barred, in whole or in part, because neither she nor any putative class member suffered any cognizable injury or loss,” the answer said. “Further, plaintiffs and the putative class’ alleged damages are de minimis, and/or are too speculative, and/or are too remote, and/or are impossible to prove and/or allocate.”

The defendant companies asked U.S. District Court Judge Madeline Cox Arleo to dismiss the case with prejudice and to award defendants “reasonable attorneys’ fees, interest, cost of suit and other relief as the court deems just.”


U.S. District Court Judge Madeline Cox Arleo  

The defendant companies in the case filed their answer and separate defenses in response to the consolidated amended class complaint by plaintiffs Jacqueline Greek, Joyce Puccio, Renee Shoaf and Pamela Parra. Greek filed the original complaint in the case last summer, following her purchase of Garcinia Cambogia in 2015, alleging false claims about how much hydroxycitric acid is present in its Diet Works Garcinia Cambogia supplement.

Plaintiffs in the case allege the companies commit at least five false and misleading claims in marketing Garcinia Cambogia, including “healthy weight management,” “promotes weight loss,” “inhibits fat production,” “suppresses carbohydrate cravings,” and that it is “the all-natural way to help reduce your appetite, burn more calories and suppress carbohydrate cravings to make losing weight faster and easier than ever!”

The plaintiffs claim marketing of Garcinia Cambogia violates the New Jersey Consumer Fraud Act and Pennsylvania’s Unfair Trade Practices and Consumer Protection and breaches express and implied warranties under Pennsylvania and New Jersey law.  

Arleo issued an opinion in April, following a defense motion to dismiss, in which she dismissed three of the plaintiffs’ nine counts but granted leave for those counts to be repleaded.

In their answer, the defendants describe Windmill as a New Jersey limited liability company based in West Caldwell that is a wholly owned subsidiary of Iron Horse, which is itself a wholly owned subsidiary of Generic LLC, owned by Keith Frankel. The answer also described VitaQuest as a wholly owned subsidiary of Vitaquest International Holdings, which is itself a wholly owned subsidiary of Vitaquest Investments Inc. and Bonjoint LLC, the latter being a wholly owned subsidiary of CK Life Sciences. 

Both Windmill and VitaQuest maintain their principal place of business on Henderson Drive in West Caldwell, according to the answer.

The answer was filed on behalf of the defendant companies by attorneys Shawn L. Kelly and Jonathan D. Henry, partner and senior managing associate with Dentons US in Short Hills, New Jersey.