Weight Management Supplements Market - Segmented by Product Type, Form, Distribution Channel and Geography (2020 - 2025)

Weight Management Supplement Market Insight

Weight management supplements contain minerals, herbs, and fiber in various combinations and amounts that help manage weight. With obesity and diabetes becoming global health concerns, there has been a rise in the popularity of weight management supplement products across all age groups. The ingredients commonly found in weight management supplement products are calcium, chromium, caffeine, guar gum, and bean pod, among others. The product offerings for these products include liquids, capsules, powder and tablets, which help restrict various medical conditions.

Health Concerns to Drive the Weight Management Supplement Market

Innovative and customized formulations from global players for weight management supplement products is expected to drive the growth of the market over the forecast period. Changing lifestyles due to growing health consciousness among consumers is expected to influence the growth of the market. Stringent regulatory guidelines on supplements from various regulatory bodies is supposed to restrain the growth of the market in the years to come. Consumer preferences for plant protein-based supplements is expected to widen the scope of the weight management supplements market over the forecast period. Significant investment in research and development of these products is expected to fuel the rise in demand for weight management supplements.

The market is segmented by product type, form and distribution channel. By product type, the market is classified into weight gain and weight loss supplements. Protein supplements such as creatine, along with an exercise program, may help to gain muscle. Weight loss supplements are expected to maintain its dominance due to major demand for these products from both developed and developing nations, owing to growing prevalence for obesity and other chronic diseases. By form, the market has been segmented into tablets, powders, liquids, and others. The powders segment is gaining popularity among lifestyle users, owing to its convenience of consumption. By distribution channel, the weight management supplement market has been classified by specialty retail stores, convenience stores, online channels, and others. Expansion of online channel has facilitated the growth of these products, due to the considerable amount of investment in branding and advertising.

Asia-Pacific to Grow at a Rapid Pace in Weight Management Supplement Market

North America held the dominant market for the weight management supplements market, cornering an estimated share of about XX% in 2017. The significant presence of global players catering to weight management supplement products is driving the growth of this region. The growing popularity for natural and organic ingredients in weight management supplement product is one of the driving factors for the rise in the demand of these products in the United States. Growing incidence of major health concerns, such as obesity and diabetes in the Asia-Pacific is likely to influence the demand for the global weight management supplements market over the forecast period.

Weight Management Supplement Market Competitive Landscape

The key players operating in weight management supplements market are Amway, Glanbia Nutritionals Plc, Herbalife, Abbott Nutrition, and Oriflame.

Weight Management Supplement Market Recent Industry Insights

• May 2017: Glanbia Nutritionals is focused on developing its deep expertise and extensive abilities in the spotlight at Vitafoods 2017, through a wide range of new models, which will feature customized and innovative solutions for functional beverages, bars, and supplements.

Reasons to Purchase this Weight Management Supplement Market Report

• Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis
• Market dynamics, which essentially consider the factors which are impelling the present market scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects
• Regional and country-level analysis, integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
• Comprehensive company profiles, covering product offerings, key financial information, recent developments, SWOT analysis, and the strategies employed by major market players
• 3 month analyst support, along with the Market Estimate sheet in excel.

Customization of the Weight Management Supplement Market Report

• Value chain analysis
• Consumer behavior analysis at the country-level

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs.