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.
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Market Segment:
The various contributors involved in the
value chain of Weight Loss Supplement include manufacturers, suppliers,
distributors, intermediaries, and customers. The key manufacturers in the
Weight Loss Supplement include
•
Amway
•
Glanbia
•
GlaxoSmithKline
•
Herbalife
•
Iovate Health Sciences International
Market size split by Region
•
North America
•
United States
•
Canada
•
Mexico
•
Asia-Pacific
•
China
•
India
•
Japan
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.
•
To analyze the Weight Loss Supplement with respect to individual growth trends,
future prospects, and their contribution to the total market.
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