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.
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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.
