Weight Loss Products Market Size, Restraints, Portfolio, and Forecast 2030
Weight Loss Products Market Overview
The weight loss products market is
projected to register a significant growth of 16.26% up to 2030. The market
will be valued at USD 407.9 billion by the end of 2030.
Weight loss products recently received a
lot of attention, which has helped them achieve such a large weight
loss products market share. Because of the target population's unhealthy
lifestyle and poor eating habits, individuals are becoming overweight and on
the path to obesity. In addition, an increase in the number of cardiac
surgeries is assisting the weight loss market growth in reaching the forecast
figures during the forecast period. Weight loss products and weight management
programs are offered by fitness experts, coaches, enthusiasts, nutrition
experts, and dieticians. The industry aims to help people live a healthier lifestyle
and lose weight.
People increasingly demand these products
and programs as they become more aware of the negative effects of a poor
lifestyle and health problems such as obesity. The arrival of the pandemic and
the alarming rate at which it spread was nothing short of a wake-up call for
people worldwide to take their health seriously. As one of the biggest
challenges to healthcare professionals, the pandemic made us realize the
importance of living a healthy lifestyle. The demand for aid and assistance increased
dramatically in the medicine, healthcare, and pharmaceutical sectors.
To help the weight loss products market
recover from the pandemic's losses, key market players are investing in the
research and development of both products & services that will aid in wider
market growth during the forecast period. Furthermore, the government is
investing in organizing campaigns and programs to help people recognize various
diseases and encourage them to take their health seriously, make better
choices, and lose weight that may cause future health problems.
Key Players are.
Some of the Weight
loss products key market players General Mills Inc., Amway, Conagra Brands
Inc., Cargill Incorporated, Abbott Laboratories, Kraft Foods Group Inc., The
Coca-Cola Company, PepsiCo Inc., Atkins Nutritional’s Inc., Brunswick
Corporation among others
Market Segments
The Weight Loss Products Market is
classified into beverages, food, and supplements. Based on the distribution
channel, the market is divided into store-based and non-store-based. The food
segment is classified into meal replacements, low-calorie food, low-calorie
sweeteners, and organic food. The beverage segment is also classified into diet
herbal tea, soft drinks, slimming water, and others. The supplement segment is
further moved into protein supplements, medium-chain triglycerides, fiber
supplements, and others. The store segment is divided into supermarkets,
hypermarkets, convenience stores, and others.
Regional Analysis
Based on the region, the market is
segmented into North America, Asia Pacific, South America, Europe, and the
Middle East & Africa. The reason for this is an increase in the number of
people affected by cardiovascular devices and obesity. In addition, the
increasing number of establishment health clubs and fitness centers will boost
the market growth in this region. The Asia Pacific will be the second-largest
market., Europe will also encounter a huge rise during the assessment period.
Recent Developments
• Herbalaxe
specializes in "Herbal Ayurvedic Healing," which includes plants,
herbs, and minerals to develop physical health.
• Protetox's
weight reduction product was recently released that defines a natural
supplement that claims to aid in losing weight.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013, United States of America
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