- Diet pills
- Other supplements
Global weight loss & diet management products & services market was valued at USD 506.3 Mn and expected to grow at 6.8% Compound Annual Growth Rate (CAGR) over the 2022 to 2028. Healthy eating is one of the best things you can do to prevent and control health problems. Weight loss refers to reduction of the total body mass owing to the loss of fluid, body fat, etc. Weight loss can occur due to malnourishment or an underlying disease. Intentional weight loss is called as slimming. Weight loss due to reduction of calorific intake or exercise is called as cachexia. Weight loss & diet management products & services market is segmented based on the product type, weight management equipment, weight management services, and distribution channel. In May 2018, Cargill has launched new Zero-Calorie Sweetener made with only Reb M and Reb D from Stevia. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. This market research report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.
Fastest Growing Market
Change in lifestyles is the key factor driving the growth of the weight loss & diet management products & services market. Increase in the prevalence of obesity is another major factor attributing the growth of the market. According to the World Health Organization (WHO), the prevalence of overweight among adults in 2016 is 39% of women and 39% of men aged 18 and over were overweight. The increasing consumption of unhealthy food is adding fuel for the growth of the market. Growing health concerns among the people is anticipating the growth of the market. The soaring popularity of the supplements, shake mix, tablets, and capsule that help in the weight. However, the high cost of the products is likely to hamper the growth of the market. The stringent government regulations are hindering the growth of the market.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.