Market Overview:
The global weight loss management product market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of obesity and overweight population, rising awareness about weight loss products and services, and growing demand for convenient and healthy food options. Based on type, the global weight loss management product market is segmented into meal replacement, slimming teas, supplements, and others. The meal replacement segment is expected to account for the largest share of the global market in 2018. This can be attributed to factors such as rising consumer awareness about health benefits associated with replacing regular meals with meal replacements and increasing demand for convenient food options. However, the slimming tea segment is projected to grow at a higher CAGR during the forecast period from 2018-2030 owing to its numerous health benefits such as aiding in digestion process, detoxification of body organs etc.
Product Definition:
A weight loss management product is a dietary supplement or drug that helps people lose weight. These products can help people manage their weight by reducing their appetite, increasing the amount of energy they burn, or preventing them from absorbing certain nutrients. Weight loss management products are important for people who are overweight or obese, as they can help improve their health and quality of life.
Meal Replacement:
Meal replacement is a diet where all the nutrients are provided through supplements and food. It's major advantage is that it helps to maintain or lose weight by providing the body with required nutrients without changing its eating habits. The supplement used in this meal consists of vitamins, minerals, proteins and other ingredients which help to replace meals.
The market for meal replacement has been growing rapidly over the past few years on account of increasing obesity levels among people around the world especially in North America.
Slimming Teas:
Slimming teas are a group of herbal beverages, which help in reducing weight. These products comprise of antioxidants and other ingredients that help to control appetite and limit the consumption of calories. The product is helpful for fat reduction, cellulite removal, improve skin elasticity & hydration along with balancing blood sugar levels in the body.
Application Insights:
The others application segment held the largest share of over 30.0% in 2017. The others application category includes health clubs and hospitals. Health club emerged as the leading retailer for weight loss programs, followed by online specialty stores in terms of revenue. However, supermarkets/hypermarkets are likely to emerge as the largest channel for weight loss management products due to their wide product availability and affordability compared to other channels such as pharmacies or speciality stores.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness about weight loss and related products, high spending power of consumers, and availability of a wide range of products in this region. Moreover, rising cases of obesity have created a need for effective solutions that help people lose weight safely and efficiently.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to growing health concerns among consumers coupled with government initiatives for creating awareness about healthy lifestyles among individuals living in this region. In addition, an increase in disposable income levels will also contribute toward regional growth during the same period due to changing consumer lifestyle habits towards food consumption patterns that are more conducive toward maintaining ideal bodyweight or losing excess pounds from their bodies into shape or form through dieting practices which include calorie reduction diets such as low-calorie diets (LCDs), meal replacements like shakes & bars, herbal slimming supplements etc.
Growth Factors:
- Increasing obesity rates across the globe
- Growing awareness about the health risks associated with obesity and overweight conditions
- Rising demand for weight loss products and services from aging population
- Availability of a wide variety of weight loss management products and services in the market
- Increasing research and development activities focused on developing new weight loss products and therapies
Scope Of The Report
Report Attributes
Report Details
Report Title
Weight Loss Management Product Market Research Report
By Type
Meal Replacement, Slimming Teas, Supplements
By Application
Supermarket / Hypermarket, Pharmacy, Specialty Stores, Online Retail Stores, Others
By Companies
Amway Corp, General Nutrition Centers, Inc., Glanbia plc, Evlution Nutrition LLC, Supplement Paradise Ltd, Bulk Powders, Nutrex Research, Inc., JNX Sports, Herbalife Nutrition
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Weight Loss Management Product Market Report Segments:
The global Weight Loss Management Product market is segmented on the basis of:
Types
Meal Replacement, Slimming Teas, Supplements
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket / Hypermarket, Pharmacy, Specialty Stores, Online Retail Stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amway Corp
- General Nutrition Centers, Inc.
- Glanbia plc
- Evlution Nutrition LLC
- Supplement Paradise Ltd
- Bulk Powders
- Nutrex Research, Inc.
- JNX Sports
- Herbalife Nutrition
Highlights of The Weight Loss Management Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Meal Replacement
- Slimming Teas
- Supplements
- By Application:
- Supermarket / Hypermarket
- Pharmacy
- Specialty Stores
- Online Retail Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Weight Loss Management Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Weight loss management products are designed to help people lose weight and keep it off. They may include diet plans, supplements, exercise equipment, or behavioral interventions.
Some of the key players operating in the weight loss management product market are Amway Corp, General Nutrition Centers, Inc., Glanbia plc, Evlution Nutrition LLC, Supplement Paradise Ltd, Bulk Powders, Nutrex Research, Inc., JNX Sports, Herbalife Nutrition.
The weight loss management product market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Weight Loss Management Product Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Weight Loss Management Product Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Weight Loss Management Product Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Weight Loss Management Product Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Weight Loss Management Product Market Size & Forecast, 2020-2028 4.5.1 Weight Loss Management Product Market Size and Y-o-Y Growth 4.5.2 Weight Loss Management Product Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Meal Replacement
5.2.2 Slimming Teas
5.2.3 Supplements
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket / Hypermarket
6.2.2 Pharmacy
6.2.3 Specialty Stores
6.2.4 Online Retail Stores
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Weight Loss Management Product Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Weight Loss Management Product Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Meal Replacement
9.6.2 Slimming Teas
9.6.3 Supplements
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket / Hypermarket
9.10.2 Pharmacy
9.10.3 Specialty Stores
9.10.4 Online Retail Stores
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Meal Replacement
10.6.2 Slimming Teas
10.6.3 Supplements
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket / Hypermarket
10.10.2 Pharmacy
10.10.3 Specialty Stores
10.10.4 Online Retail Stores
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Meal Replacement
11.6.2 Slimming Teas
11.6.3 Supplements
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket / Hypermarket
11.10.2 Pharmacy
11.10.3 Specialty Stores
11.10.4 Online Retail Stores
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Meal Replacement
12.6.2 Slimming Teas
12.6.3 Supplements
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket / Hypermarket
12.10.2 Pharmacy
12.10.3 Specialty Stores
12.10.4 Online Retail Stores
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Meal Replacement
13.6.2 Slimming Teas
13.6.3 Supplements
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket / Hypermarket
13.10.2 Pharmacy
13.10.3 Specialty Stores
13.10.4 Online Retail Stores
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Weight Loss Management Product Market: Competitive Dashboard
14.2 Global Weight Loss Management Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amway Corp
14.3.2 General Nutrition Centers, Inc.
14.3.3 Glanbia plc
14.3.4 Evlution Nutrition LLC
14.3.5 Supplement Paradise Ltd
14.3.6 Bulk Powders
14.3.7 Nutrex Research, Inc.
14.3.8 JNX Sports
14.3.9 Herbalife Nutrition