World Weight Loss Dietary supplements Market 2022 to 2031 – Consists of Glanbia, GlaxoSmithKline, Herbalife Diet and Abbott – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–Added Weight Loss Supplements Global Market Report 2022 report ResearchAndMarkets.com offer
This report provides strategists, marketers and executives with the crucial information they need to assess the global Weight Loss Supplements market.
The global weight loss supplements market is forecast to grow from US$30.12 billion in 2021 to US$34.19 billion in 2022 at a compound annual growth rate (CAGR) of 13.51%. The weight loss supplements market is expected to grow to US$55.41 billion by 2026 at a compound annual growth rate (CAGR) of 12.83%.
Herbalife Nutrition Ltd.
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Key players in the Weight Loss Supplements market are Glanbia PLC, GlaxoSmithKline PLC, Herbalife Nutrition Ltd, Abbott, Kellogg Company, Nestle, Kraft Heinz Company, Amway Corp, Ajinomoto Co Inc, Nutratech Ltd, Shaklee Corporation, Transparent Labs, Ultimate Life Ltd, and Vitaco.
The market for weight loss supplements consists of the sale of weight loss supplements by companies (organizations, sole traders and partnerships) related to pills, capsules, powders, drinks and energy bars containing vitamins, minerals, herbs and many other intended ingredients to lose weight. These supplements boost metabolism and thermogenesis while reducing macronutrient intake, hunger, body fat, and weight.
The main type of weight loss supplements include liquid, powder, softgel, pill and other types. A softgel is a customized capsule that serves as an oral dosage form for medication. The shells used in soft gels are made of water, an opacifying agent, and a plasticizer such as glycerin or sorbitol. Ingredients used in weight loss supplements include vitamins and minerals, amino acids, and natural extracts/botanicals. They are used by users in age groups of Under 18, 18-40, 40-50 and Over 50 and distributed through offline and online channels.
Asia Pacific was the largest region in the Weight Loss Supplements market in 2021 and is also projected to be the fastest growing region during the forecast period. The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Weight Loss Supplements Market research report is one of a series of new reports that provide Weight Loss Supplements market statistics, including global Weight Loss Supplements market size, regional shares, competitors with a Weight Loss Supplements market share, detailed Diet Supplements market segments the Weight Loss market trends and opportunities and any other data you might need to succeed in the Weight Loss Supplements industry. This Weight Loss Supplements Market research report provides a complete overview of everything you need with an in-depth analysis of the current and future scenarios of the industry.
The growing obese population is driving the growth of the weight loss supplements market. Obesity refers to the abnormal or excessive accumulation of fat that can affect a person’s health. In recent years, obesity has become a global public health challenge and a significant contributor to global mortality and morbidity. The growing obese population is predicted to drive demand for weight loss supplements as they are widely embraced by individuals as healthy weight loss options.
The development of new production technologies and innovative products is an important trend that is gaining popularity in the weight loss supplements market. Large companies operating in the weight loss supplements market focus on the development of innovative weight loss supplements to meet the fast-growing demands of the end customers and strengthen their position in the market.
For example, Nature’s Formulas, a US-based nutritional supplement company, created BioFit, an innovative, industry-leading probiotic weight loss supplement made from natural ingredients. This product contains natural ingredients and 800 milligrams of microbes that can survive aggressive stomach acids to quickly improve digestion, increase energy and accelerate fat loss without side effects. The company developed this product to help customers lose body weight without following any strict diet plan, exercise, or weight-loss surgery.
In January 2022, US-based medical nutrition company Solace Nutrition acquired the assets of R-Kane Nutritionals for an undisclosed amount. This asset acquisition will help Solace Nutrition create synergies between both brands and increase its growth while also establishing a presence in an adjacent nutritional market. R-Kane Nutritionals is a US-based company specializing in high protein meal replacement products for weight management.
The countries covered in the Weight Loss Supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
For more information about this report, visit https://www.researchandmarkets.com/r/yi47gg
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