Market Overview:
The global Weight Control Product Market is valued at USD 24,800 Million in 2022 and is anticipated to reach USD 34,600 Million over the forecast period 2030, at a CAGR of 4.25%.
With rising health challenges, the market for weight-controlling products has become very popular recently. A well-planned diet and numerous operations are among the medical treatments they offer, in addition to food goods. Global demand for healthy food and fitness gear is growing faster than ever due to the rising popularity of fitness among young people. Additionally, weight control products aid in addressing problems with excess weight like obesity and unneeded weight gain while also reducing the risk of weight-related health conditions like high blood pressure, diabetes, and cardiovascular disease, which will support the growth of the weight control product market over the forecast period.
Top Key Players Covered In The Weight Control Product Market:
- Atkins Nutritional Inc. (US).
- Olympus Corporation (Japan).
- Ethicon Inc. (US).
- Herbalife International of America Ltd (US).
- Brunswick Corporation (US)
- Johnson Health Technology Ltd. (Taiwan)
- Nutrisystem Ltd (US)
- Technogym Spa (Italy)
- Weight Watchers of International (US)
- Kellogg Co. (US), and Other Major Players.
Market Dynamics and Factors:
The rise in the population of obesity and diabetic patients, as well as business promotional methods, are driving factors in the expansion of the global market for weight control products. Additionally, rising bariatric surgeries or weight loss surgeries among the population is also positively impacting weight control product market growth. Many businesses use marketing techniques to promote their goods, such as food, beverages, and equipment, which supports the growth of the market for weight-control products. Additionally, rising health consciousness and wellness concerns among the populace, particularly among youngsters and children, are fueling demand for the expansion of the market for weight management products.
In the approaching years, there will be a need for government and private organizations to conduct health awareness campaigns to raise public understanding of food nutrition, weight-control diets, and exercise. Increasing consumption of junk food, physical inactivity, and the growing fast-food industry are leading to an unhealthy & sedentary lifestyle, which results in weight gain. In addition, increasingly hectic routines and growing stress are causing people to consume fast foods, which is leading to untoward health effects. Thus, all these factors together are fueling the market growth
Weight Control Product Market Report Highlight:
- By Product Type, the Protein Weight Management Ingredients segment is anticipated to lead the growth of the Weight Control Product market in the forecasted timeframe. Protein Weight Management Ingredients are replacing carbohydrates and fat with protein, reducing hunger, and increasing several hormone levels. This leads to a decline in hunger and is the main reason protein helps to lose weight. Appetite suppressants have an impact on the hypothalamus, a brain area that controls appetite.
- By Product Form, the powder segment is expected to have the highest share of the Weight Control Product market over the projected period. Weight Loss Powder acts as an effective option to provide the required protein to the body while one is on a low-calorie diet. Easy to digest, these products keep one full for a longer period and prevent consumption of unnecessary food to avoid weight gain, thereby boosting segment growth.
- By Equipment, Fitness Equipment is anticipated to lead the growth of the Weight Control Product market in the forecasted timeframe. Physical activity increases people's total energy expenditure, which can help them stay in energy balance or even lose weight, as long as they don't eat more to compensate for the extra calories they burn. Physical activity decreases fat around the waist and total body fat, slowing the development of abdominal obesity.
- By Distribution Channel, the Online Channels segment is set to develop at the highest CAGR during the forecasted timeframe. Over the past couple of years, the world has witnessed an increase in the rate of internet penetration. Thus, the adoption of online services has been on the rise in the weight loss and weight management industry. Growth in on-demand food delivery from third-party aggregator apps is being majorly driven by millennials, who seek convenience and demand high-quality food from online sales channels.
- The North American region is expected to have the highest share of the Weight Control Product market over the projected period. Due to increase the in obesity and surgeries, among people, Also changing lifestyles towards a healthy diet, and exercise awareness leads to stimulating weight control product market growth over the period.
Key Industry Development:
- In March 2022, KaraMD launched Pure Health Apple Cider Vinegar Gummies, a vegan gummy designed to promote ketosis in the body, digestion regulation, weight management, and support higher levels of energy.
- In February 2021, Hydroxycut launched its newest innovation, CUT Energy, a mouth-watering clean energy drink. This effective formula has been scientifically developed for everyday energy drink users, fitness enthusiasts, and weight loss seekers.
Weight Control Product Market Segmentation:
By Product type
- Protein Weight Management Ingredients
- Fat Burners
- Appetite Suppressants
- Weight Loss Supplements or Drugs
- Diet Food and Beverages
By Product Form
- Tablet
- Powder
- Liquid
- Others
By Equipment
- Surgical Equipment
- Fitness Equipment
By Distribution Channel
- Supermarkets or Hypermarkets
- Pharmacies
- Specialty Store
- Online Channels
- Others
For this report, Introspective Market Research has segmented the Weight Control Product Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
