Weight Loss Supplement Market Overview, Cost Structure Analysis and Forecast to 2025
10th Jan 2020 - Global Weight Loss Supplement Market is anticipated to grow significantly in the forecast period owing to the explosive demand for weight loss dietary supplements. Weight loss dietary supplement is the diet taken in place of healthy foods. They comprise herbs, minerals, and fibers in different quantity and various combinations. However, weight loss supplements are highly preferred by consumers worldwide and are not be ideal for health conditions like heart disease, liver disorder, diabetes, blood pressure, etc.
The market is driven by factors like consumers’ inclination towards healthy food lifestyle, increasing health disorders and adoption of medical policies to prevent obesity. Furthermore, consumption of weight loss supplements in the form of pill, powder and liquid is also accelerating the demand, thereby fueling the weight loss supplement market. Nevertheless, rising incidence of side effects of the supplement intake is obstructing the market growth.
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Increasing number of marketing and promotional activities for weight loss supplements is one of the major trends witnessed in the market. Hence, market vendors are adopting several strategies for increasing their revenue sales and product visibility like sales through online channels. Additionally, awareness for weight management and new product development are few other trends in the market.
Market is categorized on the basis of type, distribution channel and geography. On the basis of type, market is divided into low-calorie sweeteners, meal replacements, vitamins and minerals, dietary supplements, and green tea. Vitamin and mineral segment is expected to register significant growth in the forecast period owing to increasing use in dietary supplements.
Based on distribution channel, market is divided into large retail, online distribution, small retail, and health & beauty stores. Retail distribution segment is expected to hold larger share of the market owing to increasing preference by consumers.
Top Players Analysis covered in these report:
• Amway
• Glanbia
• GlaxoSmithKline
• Herbalife
• Iovate Health Sciences International
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The key points of this report are:
• To study and analyze the global Weight Loss Supplement market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
• To understand the structure of Weight Loss Supplement market by identifying its various subsegments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global Weight Loss Supplement manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
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