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The weight loss supplements market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 12%, as per The Business Research Company’s market report!

Read More On The Weight Loss Supplements Market Report 2022 – https://www.thebusinessresearchcompany.com/report/weight-loss-supplements-global-market-report

The Weight Loss Supplements Market Size In 2022 And Forecast

The global weight loss supplements market is expected to grow from $30.12 billion in 2021 to $34.19 billion in 2022 at a compound annual growth rate (CAGR) of 13.51%. The global weight loss supplements market size is expected to grow to $55.41 billion in 2026 at a compound annual growth rate (CAGR) of 12.83%.

The weight loss supplements market consists of sales of weight loss supplements by entities (organizations, sole traders, and partnerships) that refer to pills, capsules, powders, drinks, and energy bars that contain vitamins, minerals, herbs, and many other ingredients intended for weight loss.

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Growth In Obese Population Is Driving The Growth Of The Weight Loss Supplements Market

For instance, according to the World Health Organization (WHO), over 1 billion people globally are obese currently (2022). Of that, 650 million are adults, 340 million are adolescents, and 39 million are children. By 2025, around 167 million adults and children will become less healthy as they are overweight or obese. Thus, the growing obese population is expected to boost demand for weight loss supplements during the forecast period.

Competitive Landscape And The Regional Analysis Of The Weight Loss Supplements Market

Major players in the weight loss supplements market are Glanbia PLC, GlaxoSmithKline PLC, Herbalife Nutrition Ltd, Abbott, Kellogg Company, Nestle, Kraft Heinz Company, Amway Corp, Ajinomoto Co Inc, Nutratech Ltd, Shaklee Corporation, Transparent Labs, Ultimate Life Ltd, and Vitaco.

Additionally, as per TBRC’s research – Asia-Pacific was the largest region in the weight loss supplements market in 2021 holding the largest market share and is expected to be the fastest-growing region in the forecast period.

The Weight Loss Supplements Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the weight loss supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the weight loss supplements market.

New Production Technologies And Innovative Products – A Key Trend In The Weight Loss Supplements Market

Major companies operating in the weight loss supplements market are focused on developing innovative weight loss supplements to meet fast-growing end customer demands and strengthen their position in the market.

Weight Loss Supplements Market Segmentation By The Business Research Company

1) By Type: Liquid, Powder, Softgels, Pills, Others

2) By Ingredients: Vitamins and Minerals, Amino Acids, Natural Extracts/Botanicals

3) By Distribution: Offline Channel, Online Channel

4) By End User: Under 18 years, 18 to 40 years, 40 to 50 years, Above 50 years

Here Are Some Reports Related To The Weight Loss Supplements Market –

Body Fat Reduction Global Market Report 2022

Probiotics Dietary Supplements Global Market Report 2022

Egg Protein Powder Global Market Report 2022

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