Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The development and shape of the Weight Control Products Market are impacted by a large number of variables. Significant causes incorporate a developing worldwide consciousness of heftiness and an accentuation on better ways of life. The interest in the weight of the executives’ items is huge because of the rising wellbeing cognizance and longing for people to decrease their body weight. Low-calorie snacks, feast substitutions, and dietary enhancements all guide in the empowering misfortune and upkeep of weight.
Furthermore, wellness and wellbeing patterns persuade the development of the weight control products market. With the rising prevalence of work out schedules, rec center enrollments, and the acknowledgment of the significance of reliable activity, purchasers are chasing after beneficial items to support their endeavors to get more fit. The general advancement of wellness goals by weight control arrangements is steady with wellbeing and health drifts and animates market development.
The impact of digitalization and web-based entertainment on purchaser conduct inside the weight control products Market is significant. Web-based entertainment stages give organizations, nutritionists, and wellbeing and wellness powerhouses with admittance to customers. Data about weight the executives’ items and online wellbeing networks creates interest and mindfulness. The accessibility of promptly accessible data and assessments empowers shoppers to pursue all around informed choices, subsequently applying an impact on market patterns.
Furthermore, social movements toward acknowledgment and body energy are affecting the weight control products market. There is a developing prioritization of wellbeing and prosperity over actual appearance. A rising number of customers are choosing items that advance stimulating weight on the board rather than over the top strategies. The interest in comprehensive wellbeing items containing regular and natural fixings mirrors this shift.
Logical examination and progressions in the creation of weight control items are crucial to the development of the market. By leading examination on nourishing science, digestion, and the impacts of parts on weight the executives, makers can foster more secure, more compelling items. Items that have gone through logical check improve their allure to shoppers, along these lines reinforcing their believability and business practicality.
Also, financial matters impact the weight control products market. As the economy extends, customer consumption of wellbeing and health items increases. In actuality, customer choices with respect to weight control and optional spending might be impacted by monetary slumps. To keep up with seriousness, producers should adjust their techniques to these financial real factors.
The weight control products market is subject to somewhere safe, naming, and wellbeing guarantee guidelines laid out by the public authority. Laying out and keeping up with client certainty requires adherence to explicit benchmarks. The significance of administrative consistency expansions pair with the examination of wellbeing claims on item names, as it influences market situating and separation.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 175.9 Billion |
| Market Size Value In 2023 | USD 188.21 Billion |
| Growth Rate | 7.00%% (2023-2032) |
Weight Control Products Market Highlights:
Global Weight Control Products Market Overview
Weight Control Products Market Size was valued at USD 188.21 billion in 2023. The weight control products industry is projected to grow from USD 201.38 Billion in 2024 to USD 323.38 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.10% during the forecast period (2024 - 2032). Increased health concerns and growing disposable income are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Weight Control Products Market Trends
-
Growing obese population is driving the market growth
The rising number of obese people drives Market CAGR for weight control products. An excessively high body fat percentage in an obese person’s body poses a risk to their health. Obesity has lately become a major public health issue on a scale, having a considerable influence on mortality and morbidity. Since weight control products are generally seen as healthy methods of shedding pounds, demand for them is anticipated to rise as the number of fat individuals rises. Over the next two decades, it is predicted that the average family income in India will treble, and the nation will have the fifth-largest consumer economy in the world.
According to the World Health Organization (WHO), 650 billion adults, 340 billion teenagers, and 39 billion toddlers are predicted to be obese by 2022. By 2025, 167 billion adults and children will be less healthy due to being overweight or obese. Because of the growing obesity epidemic, demand for weight control products is predicted to rise over the forecast period.
The temporary closure of fitness centers, wellness centers, medical facilities, and sports academies also negatively affected the business's expansion. In this instance, a greater understanding of the value of living a healthy lifestyle and overall wellness in 2021 contributed to a significant increase in online sales. A range of goods in various formats, such as Ready-to-Drink liquids, bars, gels, and powders, are predicted to drive the market. Incorporating fresh flavors and beneficial ingredients is strategy manufacturers use to boost the nutritional value of their goods. For instance: companies add natural ingredients to ready-to-drinks while lowering their sugar and caffeine contents. Thus, driving the weight control products market revenue.
Segment Insights
Weight Control Products Type Insights
Based on type, the weight control products market segmentation includes Liquid, Powder, Soft gels, Pills, and others. The powder segment dominates the market, offers greater supplement amounts, has a longer shelf life, and allows for readily adjustable doses based on individual needs. Compared to other formulations, the simplicity of administration and dose enables the body to digest and absorb the nutrients quickly and effectively, making them more accessible. Powder formulations are ideal when solid oral supplement formulations, such as tablets and soft gels, cannot be provided because of impaired ingestion or clinically confirmed dysphagia.
The pills segment is anticipated to have the fastest-growing segment in the forecast period. The popularity of weight reduction supplements in pill form is growing due to their accessibility in chewable tablets, sustained-release pills, and sublingual pills.
Weight Control Products Ingredient Insights
Based on ingredients, the weight control products market segmentation includes vitamins & minerals, amino acids, and natural extracts/botanicals. The extensive use of vitamin & mineral weight reduction supplements also offers sustenance and support the body’s healthy operation and metabolism. Antioxidants are included in many vitamins and mineral-based products, and they protect cells against structural alterations and improve a person’s general health and performance.
On the other hand, the category for natural extracts and botanicals is predicted to increase at the fastest rate throughout the forecast period. The category growth is anticipated to be positively impacted by the rising environmental concerns and the increased demand for vegan and organic supplements.
Weight Control Products End User Insights
Based on end-user, the weight control products market segmentation includes, under 18 years, 18 to 40 years, 40 to 50 years, and above 50 years. The 18 to 40 years segment led the market because of the rapidly rising obesity rates. This market’s expansion is anticipated to be fueled by the rising desire to maintain a healthy body weight and an ideal physique. Growing disposable income and rising involvement in physical activity is anticipated to benefit the segment’s expansion in the forecast period.
However, it is projected that the group of end users under 18 would see the fastest CAGR throughout the projection period. Customers will drive the sector under this age group’s growing product benefit knowledge. This segment’s growth is anticipated to benefit from increased disposable income in the market.
Weight Control Products Distribution Channel Insights
Based on distribution channels, the weight control products market segmentation includes offline channel and online channel. The offline channel segment has dominated the market. The easy availability of weight control products at drug stores, health & beauty stores, retail pharmacies, and department stores supports the segment growth. Additionally, department stores and health & beauty shops are actively launching campaigns to raise public awareness about the need to maintain excellent health, which is anticipated to benefit the segment’s growth.
Over the projection period, the category for online distribution channels is anticipated to have the fastest CAGR. Online merchants provide generous product price reductions, promoting online sales. Online platforms are also coming up with and putting into practice various techniques to compete with their offline equivalents. The ease of use provided by internet distribution channels contributes to the segment’s expansion.
Figure 1: Weight Control Products Market, by Distribution Channel, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Weight Control Products Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American weight control products market will dominate this market due to a growing number of persons affected by obesity and cardiovascular devices. In addition, the increasing number of established fitness facilities and health clubs will boost the market growth in this region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: WEIGHT CONTROL PRODUCTS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's weight Control Products market accounts for the second-largest market share due to the increasing number of diabetes people and the low cost of bariatric surgery. Further, the German market of weight control products held the largest market share, and the UK weight Control Products was the fastest-growing market in the European region.
The Asia-Pacific Weight Control Products Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to expanding awareness of a healthy lifestyle and nutritious diet and rising disposable income. Moreover, China’s weight Control Products held the largest market share, and the Indian weight control products industry was the fastest-growing market in the Asia-Pacific region.
Weight Control Products Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the weight control products market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The weight control products industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the weight control products industry to benefit clients and increase the market sector. In recent years, the weight control products industry has offered some of the most significant advantages to medicine. Major players in the weight control products market, including Atkins Nutritionals, Inc (US), Amway (US), Kellog Company (US), Conagra Brands Inc. (US), Pepsico Inc. (US), Biosynery, Kraft, Quaker, GlaxoSmithKline, Herbalife International of America, and others, are attempting to increase market demand by investing in research and development operations.
Amway is a privately held health and wellness organization based in Ada, Michigan. It is dedicated to assisting people in leading better, healthier lives in more than 100 markets worldwide. According to Forbes magazine, it is one of the top 50 privately held, family-owned businesses in the US. Amway’s top-selling products include Nutrilite TM, Artistry TM, and XSTM energy, all solely distributed by businesspeople referred to as Amway Business Owners. For instance: in March 2023, with Omega-3s from fish oil supplied responsibly, Amway’s new Nutrilite Omega and Nutrilite advanced omega have received the Friend of the Sea designation for nutraceutical goods worldwide.
Key Companies in the weight Control Products market include
- Atkins Nutritionals, Inc (US)
- Amway (US)
- Kellog Company (US)
- Conagra Brands Inc. (US)
- Pepsico Inc. (US)
- Biosynery
- Kraft
- Quaker
- GlaxoSmithKline
- Herbalife International of America
Weight Control Products Industry Developments
March 2022: KaraMD created da vegan gummy to encourage increased levels of energy, stimulate ketosis in the body, and regulate digestion was called Pure Health Apple Cider Vinegar Gummies.
February 2022: ZeoNutra introduces SlimPlus! A vegan weight-loss supplement with slimbiome.
Weight Control Products Market Segmentation
Weight Control Products Type Outlook
- Liquid
- Powder
- Soft gels
- Pills
- Others
Weight Control Products Ingredient Outlook
- Vitamins & Minerals
- Amino Acids
- Natural Extracts/ Botanicals
Weight Control Products End-User Outlook
- Under 18 years
- 18 to 40 years
- 40 to 50 years
- Above 50 years
Weight Control Products Distribution Channel Outlook
- Offline Channel
- Online Channel
Weight Control Products Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
