Market Overview

The rising prevalence of an increasingly sedentary lifestyle, coupled with dramatically changing diet patterns, particularly in Western countries, has majorly contributed to the growth of obesity. The overweight and obese population report a high prevalence of chronic diseases, including hypertension, diabetes, and orthopedic diseases. For instance, as per the OECD data, 47% of the adult population in the United States may suffer from obesity by 2030, as compared to 37.7% in 2014. This represents an estimated 25% increase in obesity, by 2030.  Furthermore, changing lifestyle and growing fast food industry and the launch of new and advanced products are also boosting the market growth globally. However, the availability of counterfeit products, lack of awareness among people, the high cost of the products are the few factors which might hamper the growth of the market. According to USFDA, 776 dietary supplement products from 146 different manufacturers sold between 2007 and 2016 contained synthetic/prescription drugs. Most of these products are marketed for just two conditions, sexual enhancement (45.5 percent) or weight loss (40.9 percent). Most recently, on Nov. 30, 2018, the FDA advised consumers not to purchase a product called Willy Go Wild, available online and in some retail stores because the product includes hidden prescription drugs.

Scope of the Report

Slimming aids are the dietary supplements which are intended to help an individual in losing weight and to manage weight. Slimming aids are of various types based on their ingredients and consumption method. Some of the popular types of slimming aids are dietary pills, special tees, weight-loss powders, etc. Many of these products are not pharmaceutical agents, therefore pharmacists, doctors, other healthcare professionals, and even obesity specialists know little about them, yet their usage is widespread.

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Key Market Trends

Natural products Segment dominates the Slimming Aids Market

Various types of slimming aids are available in the market. Among those Natural supplements or herbal supplements for weight reduction are widely used by the patients. These natural products are effective and safe on body weight management in both human and animal studies. Further studies need to be conducted to investigate the mechanism of action, metabolism, long term safety and side effect of these natural products, as well as interactions between these natural products with dietary components. The potential for natural products as sources of nutraceuticals or drugs to manage body weight is now being realized which including catechins, capsaicin, conjugated linoleic acid, fucoxanthin, soy isoflavone, glabridin, astaxanthin, and cyaniding-3-glucoside, etc. They are also sometimes referred as phytomedicines and botanicals. Though these products are obtained naturally and are claimed safer, they do have their drawbacks such as allergic to the patients, adverse effects from the usage, producing unsatisfied results, etc.

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