Global Weight Control Products Market Analysis
Report Highlights
Global Weight Control Products Market Analysis
According to Verified Market Research, Global Weight Control Products Market was valued at USD 350.21 Billion in 2018 and is projected to reach USD 693.74 Billion by 2026, growing at a CAGR of 8.94 % from 2019 to 2026.
What are Weight Control Products?
Weight control products are weight-loss dietary supplements. They are proven way to lose weight, eating healthful foods, cutting calories, and being physically active. Weight control products contain many ingredients such as herbs, fiber, and minerals in varied quantity and in many combinations, sold in various forms such as tablets, liquids, capsules, and powders.
Global Weight Control Products Market Outlook
Growing rate of obesity, increasing prevalence of lifestyle diseases and launch of new and advanced products is driving the growth of weight control products. According to World Health Organization, Worldwide, obesity has nearly tripled since 1975. In 2016, more than 1.9 billion adults, 18 years and older, were overweight. Of these over 650 million were obese, 39% of adults aged 18 years and over were overweight in 2016, and 13% were obese.
Being overweight or obese increases the risks of hypertension, type 2 diabetes, heart disease, stroke, osteoarthritis, and mental illness. Because obesity is associated with such a wide range of health issues, people are adopting control measures. Trends such as remaining in shape, getting fit, being active, and eating healthy is one of the most advertised things in the world and commercial programs, such as Weight Watchers, NutriSystem, and Jenny Craig is boosting the growth of market. New younger generation of dieters is emerging and showing interest towards safe, portable, and inexpensive, meal replacements such as shakes, nutrition bars are posting strong growth together with stronger economy and higher disposable income will have a major and impressing effect on growth by 2026. Many products are expensive, some can interact or interfere with medications, and a few might be harmful, which is hampering the market growth.
Global Weight Control Products Market Competitive Landscape
The “Global Oral Rehydration Salts Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such Abbott Nutrition, Bio-Synergy Limited, Herbalife, Ajinomoto Co Inc., Amway, Nestle, Atkins Nutritionals, Kraft Foods, Body-Solid Inc. and Kellogg Company. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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