27 May 2019 - Global Weight Loss Supplement Market is anticipated to grow significantly in the forecast period owing to the explosive demand for weight loss dietary supplements. Weight loss dietary supplement is the diet taken in place of healthy foods. They comprise herbs, minerals, and fibers in different quantity and various combinations. However, weight loss supplements are highly preferred by consumers worldwide and are not be ideal for health conditions like heart disease, liver disorder, diabetes, blood pressure, etc.

The market is driven by factors like consumers’ inclination towards healthy food lifestyle, increasing health disorders and adoption of medical policies to prevent obesity. Furthermore, consumption of weight loss supplements in the form of pill, powder and liquid is also accelerating the demand, thereby fueling the weight loss supplement market. Nevertheless, rising incidence of side effects of the supplement intake is obstructing the market growth.

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The various contributors involved in the value chain of Weight Loss Supplement include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Weight Loss Supplement include

Amway
Glanbia
GlaxoSmithKline
Herbalife
Iovate Health Sciences International
Increasing number of marketing and promotional activities for weight loss supplements is one of the major trends witnessed in the market. Hence, market vendors are adopting several strategies for increasing their revenue sales and product visibility like sales through online channels. Additionally, awareness for weight management and new product development are few other trends in the market.

Market is categorized on the basis of type, distribution channel and geography. On the basis of type, market is divided into low-calorie sweeteners, meal replacements, vitamins and minerals, dietary supplements, and green tea. Vitamin and mineral segment is expected to register significant growth in the forecast period owing to increasing use in dietary supplements.

Based on distribution channel, market is divided into large retail, online distribution, small retail, and health & beauty stores. Retail distribution segment is expected to hold larger share of the market owing to increasing preference by consumers.

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Geographically, market is bifurcated as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to be dominant in the years to come owing to the presence of prominent market players. Asia Pacific is also anticipated to lead weight loss supplement market due to growing number of cases for obesity and diabetes.

Market Size Split by Type

Powder
Capsule
Tablets
Meal Replacement Liquids
Market Size Split by Application

Online Stores
Retail Outlets
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