Weight Loss Supplement Market Insights, Forecast to 2025

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.

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.

Geographically, market is bifurcated as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to be dominant in the years to come owing to the presence of prominent market players. Asia Pacific is also anticipated to lead weight loss supplement market due to growing number of cases for obesity and diabetes. The major players in weight loss supplement market comprise Amway, Herbalife, Iovate Health Sciences International, GlaxoSmithKline, Glanbia Nutritionals Plc, Abbott Nutrition and Oriflame.

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 Type
• Powder
• Capsule
• Tablets
• Meal Replacement Liquids

Market Size Split by Application
• Online Stores
• Retail Outlets

Market size split by Region
• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Singapore
• Malaysia
• Philippines
• Thailand
• Vietnam
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Central & South America
• Brazil
• Rest of Central & South America
• Middle East & Africa
• GCC Countries
• Turkey
• Egypt
• South Africa

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.
• To project the value and volume of Weight Loss Supplement submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.