Weight Loss Supplements Market - By Type (Liquid, Powder, Softgels, Pills), Product Type (Fat Burners, Appetite Suppressants) Ingredients (Vitamins, Minerals, Amino Acids, Botanicals), Distribution Channel, Age Group - Global Forecast (2024

Description

Global Weight Loss Supplements Market will expand at 16.2% CAGR from 2024 to 2032, driven by rising obesity rates and increased health awareness. According to recent studies, the prevalence of obesity has surged worldwide, creating a significant demand for effective weight loss solutions. For instance, the World Obesity Atlas 2023 by the World Obesity Federation anticipates that the global economic impact of obesity and overweight could reach $4.32 trillion annually by 2035 unless prevention and treatment measures improve.

As consumers become more health-conscious, the market for weight loss supplements is expected to expand rapidly. Furthermore, innovations in supplement formulations and enhanced distribution channels support market growth.

The overall weight loss supplements industry is categorized based on type, product type, ingredients, age group, distribution channel, and region.

The Softgels segment will witness significant expansion during 2024-2032. The convenience and ease of consumption associated with softgel supplements make them a preferred choice among consumers. Additionally, advancements in softgel technology, such as improved bioavailability and rapid absorption, are driving their popularity. The growing trend of incorporating natural and organic ingredients in softgels also appeals to health-conscious consumers, further boosting the demand for softgel-based weight loss supplements.

Appetite suppressants, a prominent product type in the weight loss supplements market, will gain notable traction through 2032. These supplements effectively reduce hunger and control food cravings, aiding individuals in their weight loss journey. The increasing awareness of the benefits of appetite suppressants and their role in weight management programs contribute to their rising demand. Manufacturers are focusing on developing innovative appetite suppressant formulations to cater to diverse consumer preferences, further propelling market growth.

Europe weight loss supplements market will garner gains throughout 2024-2032. The well-established healthcare infrastructure in Europe, in line with high consumer awareness about weight management, drives market growth. European consumers increasingly seek effective weight loss solutions, prompting manufacturers to introduce new and improved supplements. Government initiatives promoting health and wellness, alongside the presence of leading pharmaceutical companies, contribute to the strong growth of the weight loss supplements market in Europe.

Product Code: 9837

Chapter 1 Methodology & Scope

1.1 Market scope & definitions
1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increasing health consciousness
  - 3.2.1.2 Increasing prevalence of obesity
  - 3.2.1.3 Technological advancements and marketing strategies
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Safety concerns and product efficacy
  - 3.2.2.2 Competition from alternative weight management solutions
3.3 Growth potential analysis
3.4 Reimbursement scenario
3.5 Regulatory landscape
3.6 Technological landscape
- 3.6.1 Core technologies
- 3.6.2 Adjacent technologies
3.7 Porter's analysis
3.8 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Company matrix analysis
4.4 Competitive analysis of major market players
4.5 Competitive positioning matrix
4.6 Strategy dashboard

Chapter 5 Market Estimates and Forecast, By Type, 2021 - 2032 ($ Mn)

5.1 Key trends
5.2 Liquid
5.3 Powder
5.4 Softgels
5.5 Pills
5.6 Other types

Chapter 6 Market Estimates and Forecast, By Product Type, 2021 - 2032 ($ Mn)

6.1 Key trends
6.2 Fat burners
6.3 Appetite suppressants
6.4 Carbohydrate blockers
6.5 Weight loss support
6.6 Specialty supplements

Chapter 7 Market Estimates and Forecast, By Ingredients, 2021 - 2032 ($ Mn)

7.1 Key trends
7.2 Vitamins & minerals
7.3 Amino acids
7.4 Natural extracts/ botanicals

Chapter 8 Market Estimates and Forecast, By Age Group, 2021 - 2032 ($ Mn)

8.1 Key trends
8.2 Under 18 years
8.3 18 to 40 years
8.4 40 to 50 years
8.5 Above 50 years

Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2021 - 2032 ($ Mn)

9.1 Key trends
9.2 Offline channel
9.3 Online channel

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032 ($ Mn)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 France
- 10.3.4 Spain
- 10.3.5 Italy
- 10.3.6 Netherlands
- 10.3.7 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 South Korea
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Argentina
- 10.5.4 Rest of Latin America
10.6 Middle East and Africa
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE
- 10.6.4 Rest of Middle East and Africa

Chapter 11 Company Profiles

11.1 AdvoCare International, L.P.
11.2 Amway Corporation
11.3 Arbonne International, LLC
11.4 Atkins Nutritionals, Inc.
11.5 Beachbody, LLC
11.6 Forever Living Products International, LLC
11.7 GNC Holdings, Inc.
11.8 Herbalife Nutrition Ltd.
11.9 Isagenix International LLC
11.10 LifeVantage Corporation
11.11 Medifast, Inc.
11.12 Nestle Health Science S.A.
11.13 Nutrisystem, Inc.
11.14 Oriflame Holding AG
11.15 Shaklee Corporation

Weight Loss Supplements Market - By Type (Liquid, Powder, Softgels, Pills), Product Type (Fat Burners, Appetite Suppressants) Ingredients (Vitamins, Minerals, Amino Acids, Botanicals), Distribution Channel, Age Group - Global Forecast (2024 - 2032)