Global Market Study on Weight Loss Dietary Supplements: North America to Lead the Global Market in Terms of Revenue during 2017 - 2026


Weight Loss Dietary Supplements Market
  • Published On : Dec-2017 |
  • Pages : 170 Pages |
  • Format :

Global Weight Loss Dietary Supplements Market: Overview

Consumers across the globe are increasingly opting for various weight management options such as fitness programs, healthy food consumption, and weight loss supplements in order to remain healthy and fit. Moreover, companies offering weight loss dietary supplements are also innovating their products to achieve customer satisfaction. The investment by customers in the weight loss dietary supplements have also increased with the inclusion of new organic and natural ingredients by the companies.

Weight loss dietary supplements are also being consumed on a large scale in order to avoid spending on expensive medications and treatments. Manufacturers are also focusing on using herbal ingredients in the weight loss supplements, one such ingredient being used is Garcinia Cambogia which comes from Indonesian fruit known as tamarind. Moreover, various regulations on manufacturers are also resulting in the production of the safe product, and with label claims that are not misleading.  

Global Weight Loss Dietary Supplements Market: Scope of Study

To report on the global weight loss dietary supplements market provides various trends in the market based on primary and secondary research. The report also offers key analysis on the data points including region-wise analysis and segment-wise analysis on the product types, applications, end users, etc. The report has offered both qualitative and quantitative data based on primary respondents in order to arrive at an appropriate estimate on the market. Detailed information on the total revenue generated and the expected revenue for the forecast period 2017-2026 has also been provided in the report.

The report provides market size on the basis of value and volume for the forecast period. The report also talks about the market dynamics such as drivers, key trends, challenges, opportunities that will have an impact on the growth of the global weight loss dietary supplements market. SWOT analysis and Porter’s five force analysis has also been included in the report along with the market attractiveness analysis. Key industry developments in the market are provided in the report to help companies plan business strategies and make profitable business decisions. The report has also included factor analysis to understand the impact of various factors on the market growth. The global weight loss dietary supplements market report includes forecast in terms of revenue, CAGR in percent form, and Year-on-Year growth of each segment and region to help companies in identifying right opportunities.

Global Weight Loss Dietary Supplements Market: Segmentation

Region

Form

End-User

Distribution Channel 

Ingredients

  • North America
  • Soft Gell/Pills
  • Men
  • Pharmacies Drug Store
  • Vitamins & Minerals
  • Latin America
  • Powder
  • Women
  • Health & Beauty Store
  • Amino Acids
  • Europe
  • Liquid
  • Senior Citizen
  • Hypermarket/Supermarket
  • Botanical Supplements
  • Japan
  • Online Sales
  • Others
  • APEJ
  • Other Sales Channel
  • MEA

The global weight loss dietary supplements market is segmented on the basis of form, end user, distribution channel, ingredients, and region. On the basis of form, the market is segmented into soft gell/pills, powder and liquid. On the basis of end-user, the market is segmented into men, women and senior citizen. Based on the distribution channel, the market segment consists of pharmacies drug store, health & beauty store, hypermarket/supermarket, online sales and other distribution channel. By ingredients, the market segmentation includes vitamins & minerals, amino acids, botanical supplements and others.

Based on the regions, the market is segmented into Europe, Asia Pacific Excluding Japan (APEJ), Latin America, North America, Japan, and the Middle East and Africa (MEA). The report offers a detailed analysis of each segment and regions in the market with forecast the in form of CAGR and revenue share. 

Consumers have started viewing healthy weight as the base of overall well-being. Hence, consumers are seeking products that can help them in weight management. Major brands have also shifted their focus to offering weight loss supplements that can also offer balanced nutrition, vitamins, and minerals, thereby resulting in the complete nutrition package. Brands are competing on the basis of the new products that are more focused on the overall wellness than just reducing the weight.

Increase in the demand for weight loss dietary supplements has also tightened the regulations around product safety, manufacturing as well as efficacy claims. Appropriate actions are also being taken by regulatory bodies in the case of food and dietary supplements labeling violations. Consumers are showing interest in consuming the weight loss supplements that not just offer weight loss but also help in improving the immune system and in building muscle mass. The demand for probiotic products has also increased in the recent years.

However, increasing incidence of side-effects is hampering the market growth. Hence, companies are showing special interest in conducting research on the type of ingredients that can be safe to consume without causing any side-effects. The quality and quantity of ingredients in weight loss dietary supplements is also being focused on by the market players.

Soft Gell/Pills to Gain Maximum Revenue Share

Weight loss dietary supplements in the form of soft gell/pills are likely to gain more than half of the revenue share by 2017 end. Soft gell/pills are also projected to surpass US$ 18,500 million revenue by 2026 end. Meanwhile, weight loss dietary supplements in the form of powder are also likely to witness robust growth during 2017-2026.

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Women are likely to be Among the Largest Users of the Weight Loss Dietary Supplements

Among various users of the weight loss dietary supplements, women are likely to gain the highest revenue share. Towards 2026 end, women as the end-users are projected to surpass US$ 19,400 million revenue. Meanwhile, men as the users of weight loss dietary supplements are also likely to show significant growth.

High Sales through Pharmacies Drug Store

Pharmacies drug store are likely to account for high sales of weight loss dietary supplements during 2017-2026. By 2026 end, pharmacies drug store are projected to surpass US$ 11,400 million revenue. Meanwhile, health & beauty store are also anticipated to show significant growth during 2017-2026.

Vitamins & Minerals Ingredients to Gain Maximum Traction in the Market

Vitamins & minerals ingredients are likely to be among the highest used and preferred ingredients in the weight loss dietary supplements. Vitamins & minerals are projected to create more than US$ 6,500 million incremental opportunity between the forecast period from 2017 to 2026.   

North America to be the Largest Market in the Global Market for Weight Loss Dietary Supplements

North America is likely to emerge as the largest market for weight loss dietary supplements during 2017-2026. Presence of the leading market players and increasing number of regulations by the U.S. Food and Drug Administration (FDA) on the manufacturing and labeling of weight loss dietary supplements are some of the factors driving the growth of the market in North America. Moreover, manufacturers are also focusing on the research and increasing their product portfolio with the launch of new products in the region. This is also resulting in the market growth in North America.

Competition Tracking

Some of the leading players mentioned in the report are Abott Laboratories, Amway (Nutrilite), GlaxoSmithKline, Herbalife International, Glanbia, Pfizer, Stepan, American Health, FANCL, and Nature’s Sunshine Products.

Company Profiles

  • Abbott Laboratories
  • Glanbia Plc
  • GlaxoSmithKline Plc.
  • Stefan Company
  • GNC Holdings Inc
  • Amway Corporation
  • Vitaco Health Limited
  • ABH Pharma Inc.
  • Herbalife International, Inc
  • Atlantic Multipower UK Ltd.
  • Nu Skin Enterprises, Inc.
  • Shaklee Corporation
  • Vitacost.com Inc.
  • Others.
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