Market Share of Europe Weight Management Supplement Industry
The European weight loss management market is competitive due to the presence of numerous domestic and multinational players. Consumers prefer innovation in weight loss management products such as fat burners, an example of which is the flavors and unique packaging, due to which companies are changing accordingly.
Companies are focusing on mergers, expansions, acquisitions, and partnerships, along with new product developments, as strategic approaches are adopted to boost brand presence. Key players dominating the regional market include General Nutrition Centers Inc., Amway Corp., Glanbia PLC, and Herbalife International.
Further, the companies have been introducing new and innovative products with the inclusion of naturally derived ingredients to make their product unique from the existing products. Owing to the rapidly developing nature of the market, new product innovation has become the most commonly used strategy among all, as it helps in understanding the changing needs of the consumers in the market.
Europe Weight Management Supplement Market Leaders
Glanbia plc
Amway Corp
General Nutrition Centers
Herbalife Nutrition
Evlution Nutrition LLC
*Disclaimer: Major Players sorted in no particular order
