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Weight Loss Supplements Market Share

Report ID: GMI9837
Published Date: Jun 2024
Report Format: PDF

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Weight Loss Supplements Market Share

The weight loss supplements sector is competitive in nature, with a mix of major global and smaller to medium-sized companies competing for market share. A pivotal aspect of market strategy involves the continual introduction of innovative products, such as nature and plant-based formulations, personalized nutrition solutions, and microbiome-targeted supplements. Notably, prominent industry players command considerable influence in this dynamic landscape, often driving forward advancements through substantial investments in research and development. Additionally, strategic alliances, acquisitions, and mergers are instrumental in fortifying market positions and expanding global footprint amidst evolving regulatory landscapes.

Weight Loss Supplements Market Companies

Some of the eminent market participants operating in the weight loss supplements industry include:

AdvoCare International, L.P.
Amway Corporation
Arbonne International, LLC
Atkins Nutritionals, Inc.
Beachbody, LLC
Forever Living Products International, LLC
GNC Holdings, Inc.
Herbalife Nutrition Ltd.
Isagenix International LLC
LifeVantage Corporation
Medifast, Inc.
Nestlé Health Science S.A.
Nutrisystem, Inc.
Oriflame Holding AG
Shaklee Corporation

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Weight loss supplements industry size was worth USD 31.4 billion in 2023 and is projected to expand at 16.2% CAGR from 2024 to 2032, due to the increasing awareness and concerns regarding obesity and related health issues, such as diabetes and heart disease.

The pills type segment in the weight loss supplements industry accounted for USD 9.9 billion in 2023 and is estimated to depict notable CAGR between 2024 and 2032, owing to the increasing demand for convenient and accessible solutions for weight management.

The fat burners product type segment in the weight loss supplements industry is projected to reach USD 37.8 billion by 2032, due to the growing awareness of the importance of physical fitness and healthy living.

North America weight loss supplements industry is anticipated to account for USD 55.4 billion by 2032, led by the rapidly aging population, technological advancements, heightened public awareness, and the rising prevalence of chronic diseases.