Weight Loss Supplements Market Size & Share Report, 2022-2030

The global Weight Loss Supplements market size is expected to be worth around US$ 120.6 billion by 2030, according to a new report by Vision Research Reports.

The global Weight Loss Supplements market size was valued at US$ 35.4 billion in 2020 and is anticipated to grow at a CAGR of 17.6% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 120.6 billion by 2030
Growth Rate CAGR of 17.6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Type, Ingredients, End user, Distribution Channel
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Glanbia PLC; GlaxoSmithKline PLC; Herbalife Nutrition Ltd; Abbott; Kellogg Company; Kraft Heinz Company; Amway Corporation; Nestle; PepsiCo; Ajinomoto Co. Inc.

Growth Factors

Rising cases of obesity across the globe coupled with increasing consumer awareness levels about following a healthier and fit lifestyle will drive the market. In addition, a rising number of fitness centers and gyms in several countries and increased awareness about the importance of weight loss supplements are projected to drive the market growth. Moreover, rising disposable income levels and improved accessibility & affordability of surgeries are propelling the market growth.

The rising cases of obesity and related health ailments, such as Cardiovascular Diseases (CVDs), diabetes, and hypertension, are expected to drive product demand.

By Type Analysis

The powders segment accounted for the highest revenue share of 33.7%. The powdered formulation makes provision of higher quantities of supplement and has a longer shelf life with the easily regulated dosages as per individual requirement, which is a driving factor for this segment.

The pills type segment is expected to record the fastest CAGR over the forecast years. Arise in preference for weight loss supplements in pills formulation due to the easy availability of the same in chewable tablets sustained-release pills, and sublingual pills is contributing to the segment growth.

By Ingredient Analysis

The vitamins and minerals segment dominated the market with a revenue share of 58.0%, owing to the widespread consumption of vitamin- and mineral-based weight loss supplements.

Several vitamins- and mineral-based products comprise antioxidants, which prevent cell damage from structural changes as well as enhance an individual’s overall health and performance.

The natural extracts and botanicals segment is anticipated to register the fastest growth rate over the forecast years. The growing demand for organic and vegan supplements across the globe due to the rising environmental concerns is expected to positively impact the segment growth.

By Distribution Channel Analysis

The offline distribution channel segment accounted for the highest revenue share of 70.4%. The easy availability of weight loss supplements at retail pharmacies, drug stores, health & beauty stores, and department stores is contributing to the segment growth.

Offline stores are continuously involved in increasing the overall customer engagement and experience at the stores. Several health & beauty stores and department stores have introduced point-of-sale terminals to accelerate the checkout process.

The online distribution channel segment is expected to record the fastest CAGR over the forecast period. Online retailers offer lucrative discounts on product prices, which, in turn, drives sales through online channels.

The convenience offered by online distribution channels is positively impacting the segment growth. Furthermore, with the penetration of e-commerce, there is a gradual shift towards online distribution channels of supplements. The rise in self-directed consumers is also one of the key factors driving the segment growth.

By End-user Analysis

The 18 to 40 years end-user segment dominated the market with a revenue share of 61.6% owing to rapidly growing cases of obesity in this population segment. The growing need to maintain normal body weight and optimum physique is expected to drive the growth of this segment.

The growing awareness levels of the benefits and functioning of weight loss supplements are expected to drive the segment. As per the adults have claimed to have consumed weight-loss dietary supplements in their lifetime, with higher consumption recorded in female adults compared to males. The growing demand for appetite suppressants.

The under 18 years end-users segment is anticipated to record the fastest CAGR over the forecast period. Rising awareness levels among the consumers under this age group about the product benefits will drive the segment.

By Regional Analysis

Asia Pacific held the largest share of 46.0% of the overall revenue due to the high prevalence of obesity, growing disposable income, and rising health consciousness among consumers.

North America is anticipated to register the fastest CAGR over the forecast period owing to the alarming rise in obesity cases in the U.S. Growing sedentary lifestyle coupled with unhealthy dietary habits is leading to significant growth in the cases of obesity and related health issues.

Key Players

  • Glanbia PLC
  • GlaxoSmithKline PLC
  • Herbalife Nutrition Ltd.
  • Abbott
  • Kellogg Company
  • Nestle
  • Kraft Heinz Company
  • Amway Corp.
  • PepsiCo
  • Ajinomoto Co. Inc.

Market Segmentation

  • By Type
    • Liquid
    • Powder
    • Softgels
    • Pills
    • Others
  • By Ingredient
    • Vitamins & Minerals
    • Amino Acids
    • Natural Extracts/ Botanicals
  • By End-user
    • Under 18 years
    • 18 to 40 years
    • 40 to 50 years
    • Above 50 years
  • By Distribution Channel
    • Offline Channel
    • Online Channel
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Spain
      • Italy
      • Russia
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Australia
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
      • South Africa
      • UAE
      • Saudi Arabia

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Weight Loss Supplements Market, By Type

7.1.  Weight Loss Supplements Market, by Type, 2021-2030

7.1.1.    Liquid

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Powder

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Softgels

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Pills

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Others

7.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Weight Loss Supplements Market, By Ingredient

8.1.  Weight Loss Supplements Market, by Ingredient, 2021-2030

8.1.1.    Vitamins & Minerals

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Amino Acids

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Natural Extracts/ Botanicals

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Weight Loss Supplements Market, By Distribution Channel

9.1.  Weight Loss Supplements Market, by Distribution Channel, 2021-2030

9.1.1.    Offline Channel

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Online Channel

9.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Weight Loss Supplements Market, By End user

10.1.        Weight Loss Supplements Market, by End user, 2021-2030

10.1.1.  Under 18 years

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  18 to 40 years

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  40 to 50 years

10.1.3.1.      Market Revenue and Forecast (2017-2030)

10.1.4.  Above 50 years

10.1.4.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Weight Loss Supplements Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Type (2017-2030)

11.1.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.1.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.4.  Market Revenue and Forecast, by End user (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by End user (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by End user (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Type (2017-2030)

11.2.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.4.  Market Revenue and Forecast, by End user (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by End user (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by End user (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by End user (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by End user (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Type (2017-2030)

11.3.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.4.  Market Revenue and Forecast, by End user (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by End user (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by End user (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by End user (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by End user (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Type (2017-2030)

11.4.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.4.  Market Revenue and Forecast, by End user (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by End user (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by End user (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by End user (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by End user (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Type (2017-2030)

11.5.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.5.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.4.  Market Revenue and Forecast, by End user (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by End user (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by End user (2017-2030)

Chapter 12.  Company Profiles

12.1.              Glanbia PLC

12.1.1.  Company Overview

12.1.2.  Type Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              GlaxoSmithKline PLC

12.2.1.  Company Overview

12.2.2.  Type Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              Herbalife Nutrition Ltd.

12.3.1.  Company Overview

12.3.2.  Type Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              Abbott

12.4.1.  Company Overview

12.4.2.  Type Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              Kellogg Company

12.5.1.  Company Overview

12.5.2.  Type Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

12.6.              Nestle

12.6.1.  Company Overview

12.6.2.  Type Offerings

12.6.3.  Financial Performance

12.6.4.  Recent Initiatives

12.7.              Kraft Heinz Company

12.7.1.  Company Overview

12.7.2.  Type Offerings

12.7.3.  Financial Performance

12.7.4.  Recent Initiatives

12.8.              Amway Corp.

12.8.1.  Company Overview

12.8.2.  Type Offerings

12.8.3.  Financial Performance

12.8.4.  Recent Initiatives

12.9.              PepsiCo

12.9.1.  Company Overview

12.9.2.  Type Offerings

12.9.3.  Financial Performance

12.9.4.  Recent Initiatives

12.10.           Ajinomoto Co. Inc.

12.10.1.               Company Overview

12.10.2.               Type Offerings

12.10.3.               Financial Performance

12.10.4.               Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

14.2.              Glossary of Terms

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