Weight management during the COVID-19 pandemic is being linked to reduce the impact of the novel infection in high-risk patients. Manufacturers in the weight management market are capitalizing on the demand for weight loss pills, which are capable of hijacking the body’s own appetite by regulating the system in the brain, resulting in reduced hunger and calories intake.
The University College London (UCL) researchers are participating in clinical trials with thousands of volunteers from across countries to test the efficacy of semaglutide in weight loss pills. Companies in the weight management market should collaborate with such researchers to advance in pill innovations, since consumers have become increasingly conscious about their health post the coronavirus outbreak.
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Hydroxycut is a family of dietary supplements that are available in the form of gummies, protein bars, and drink mixes to achieve weight loss. Companies in the weight management market are experimenting with different ingredients such as spinach extract, caffeine, kelp fiber, and green coffee to meet niche requirements of consumers. However, issues related to caffeine overdose, ischemic colitis, and other conditions have been reported due to hydroxycut consumption. Hence, stakeholders in the weight management market are gaining proficiency in manufacturing herbal weight loss supplements that have less side effects in consumers.
The Sinew Nutrition Green Coffee Beans powder is gaining popularity in aiding natural weight loss. Manufacturers are developing products that accelerate fat burning and boost metabolism.
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Online reviews and recommendations are either making or breaking a company’s brand image on popular eCommerce websites including Amazon. Consumer centric ingredients such as real apples, pomegranate, and beetroot packed with vitamins are bolstering the popularity of Daily Nutra’s apple cider vinegar-induced vegetarian gummies that support weight loss. Companies in the weight management market are increasing their production capabilities in gummies that uplift a consumer’s mood and boost their metabolism for faster weight loss.
Quality apples and other ingredients are being used to craft premium gummy products. Manufacturers in the weight management market are using vitamin B12 and B9 in vegetarian weight management gummies. Premium quality gummies not only support weight loss but also improve digestion, help clear the skin, and provide energy boost to consumers.
Weight management also involves weight gain and maintenance of the same weight over a period of time. This has increased business scope for companies in the weight management market who are innovating in protein powders. Hong Kong-based fitness center brand Fitness First has a broad product portfolio in award-winning nutrition supplements and protein powder products.
The weight management market is predicted to climb a revenue growth from US$ 7.2 Bn in 2020 and cross US$ 11.1 Bn by 2030. There is a growing demand for multi-functional whey protein powder that help to achieve distinct goals of weight loss, performance, muscle building, and overall well-being.
Weight loss drinks are increasingly replacing sugar sweetened beverages and fruit juices. Manufacturers in the weight management market are boosting their output capacities in cumin tea and protein shake powders that help to keep stomach feeling satisfied. Fat burner and energy drops for women help to relieve stress, promote weight loss, and naturally suppress appetite. Herbal formulas in powerful blends of African mango, maca, and rhodiola are gaining prominence in energy drop products.
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Analysts’ Viewpoint
Weight loss supplements are in high demand post the coronavirus outbreak, as individuals have become increasingly health conscious in order to minimize the impact of the novel infection. Companies in the weight management market are increasing their production capabilities for GMO-free, soy, and gluten-free whey protein powder that is low in sugar. However, whey protein powder is associated with stomach pain, nausea, and even headache. Hence, companies should educate consumers about appropriate proportion for consumption and suggest dietician’s consultation before consuming the protein powder. Apple cider vinegar gummies are gaining popularity among women for promoting weight loss, accelerating fat burn, and boosting metabolism.
Weight Management Market: Overview
Weight Management: Market Frontrunners
Weight Management Market: Trends
Growing awareness about quality life that contributes to good health has led to rising consumer inclination toward healthy eating habits that can be seen in their buying behavior. Obesity has become a concern among consumers today, owing to their mostly sedentary lifestyles and unhealthy dietary habits. Consumers are increasingly demanding supplements that have potent benefits regarding weight loss. Weight management products serve the demand from consumers by providing support in losing weight, along with other necessary nutrients for the overall health. Thus, the weight management market is expected to witness growth during the forecast period.
The desire to live longer and have healthier lives is one of the major drivers for the adoption of preventive health measures. Fast moving lifestyle and technological advancements have led to adverse lifestyle choices that have resulted in increased health problems. The growing incidence of obesity among consumers has led to increased cases of cardiovascular diseases and heart problems. Thus, consumers are moving toward adopting preventive care as a necessary tool to help them lead a better life.
Early diagnosis through the Internet and home monitoring devices has enabled patients to intervene earlier and respond to their health issues in a much better manner. Healthy changes in the daily routine coupled with the consumption of dietary supplements is subsequently increasing with the growing momentum of preventive healthcare. Thus, weight loss supplements are expected to witness growing demand as a preventive measure supporting health.
Weight Management Market: Strategies
Weight Management Market: Players
Weight Management Market - Segmentation
TMR’s study on the weight management market offers information divided into important segments - form, end user, sales channel, and country. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.
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Weight Management Market is expected to Reach USD 11.1 billion between 2020 and 2030
Weight Management Market is estimated to rise at a CAGR of 4% during forecast period
Growing demand as a preventive measure supporting health is expected to drive the Weight Management Market
North America is more attractive for vendors in the Weight Management Market
Key players of Weight Management Market are Nature’s Way Products, LLC, Arbonne International LLC, Nature’s Sunshine Products Inc., Forever Living, GNC Holdings Inc., Amway Melaleuca Inc., NOW Health Group LLC., Vitaco Health Limited, Nu Skin Enterprises Inc., Herbalife Nutrition Ltd
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
5. Global Weight Management Market Demand Analysis 2015-2019 and Forecast, 2020-2030
5.1. Historical Market Value (US$ Mn) Analysis, 2015-2019
5.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030
6. Global Weight Management Market - Pricing Analysis
6.1. Regional Pricing Analysis
6.2. Global Average Pricing Analysis Benchmark
7. Global Weight Management Market Demand (in Value or Size in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030
7.1. Historical Market Value (US$ Mn) Analysis, 2015-2019
7.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Global Industry Value Added
8.1.3. Global Urbanization Growth Outlook
8.2. Impact of COVID-19 on Supplements Market
8.2.1. Manufacturer/Processors
8.2.2. Supply Chain and Logistics
8.2.3. Wholesalers/Traders
8.2.4. Retailers
8.3. Impact of COVID-19 on the Nutraceuticals Industry
8.4. COVID-19 Risk Assessment/Impact
8.5. Nutraceuticals Industry Outlook
8.6. Dietary Supplement Market Overview
8.6.1. Dietary Supplement Market Snapshot
8.6.2. Dietary Supplement Market Positioning
8.7. Consumer Preference: Prevention over Treatment
8.8. Opportunities in Nutritional Supplements Industry
8.9. Opportunities for New Market Players in Asia-Pacific Dietary Supplement Market
8.10. Organic Dietary Supplements in U.S.
8.11. Quality Assurance for Dietary Supplement
8.12. Per Capita Expenditure on Health
8.13. Products offered by Key Players
8.14. Market Assessment based on Percentage of Demand
8.15. Slice and Dice Demographics by Decision Influencer
8.16. Industry Value and Supply Chain Analysis
8.16.1. Profit Margin Analysis at each point of sales
8.16.2. List and Role of Key Participants
8.16.2.1. Weight Management Market Processors
8.16.2.2. Distributors/Suppliers/Wholesalers
8.16.2.3. Traders/Retailers
8.16.2.4. End-Users
8.17. Key Certifications/Claims
8.18. Key Regulations
8.19. Market Dynamics
8.19.1. Drivers
8.19.2. Restraints
8.19.3. Opportunity Analysis
8.20. Forecast Factors - Relevance & Impact
9. U.S. Weight Management Market Analysis 2015-2019 and Forecast 2020-2030
9.1. Introduction
9.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2019
9.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020-2030
9.3.1. By Form
9.3.2. By End User
9.3.3. By Sales Channel
9.4. Market Attractiveness Analysis
9.4.1. By Form
9.4.2. By End User
9.4.3. By Sales Channel
9.5. Drivers and Restraints - Impact Analysis
10. South Korea Weight Management Market Analysis 2015-2019 and Forecast 2020-2030
10.1. Introduction
10.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2019
10.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020-2030
10.3.1. By Form
10.3.2. By End User
10.3.3. By Sales Channel
10.4. Market Attractiveness Analysis
10.4.1. By Form
10.4.2. By End User
10.4.3. By Sales Channel
10.5. Drivers and Restraints - Impact Analysis
11. Hong Kong Weight Management Market Analysis 2015-2019 and Forecast 2020-2030
11.1. Introduction
11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2019
11.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020-2030
11.3.1. By Form
11.3.2. By End User
11.3.3. By Sales Channel
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Form
11.4.3. By End User
11.4.4. By Sales Channel
11.5. Drivers and Restraints - Impact Analysis
12. Australia Weight Management Market Analysis 2015-2019 and Forecast 2020-2030
12.1. Introduction
12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2019
12.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020-2030
12.3.1. By Form
12.3.2. By End User
12.3.3. By Sales Channel
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Form
12.4.3. By End User
12.4.4. By Sales Channel
12.5. Drivers and Restraints - Impact Analysis
13. Market Structure Analysis
13.1. Market Analysis by Tier of Companies
13.2. Market Concentration
13.3. Market Presence Analysis
14. Competition Analysis
14.1. Competition Dashboard
14.2. Competition Deep Dive
14.2.1. NOW Health Group, INC
14.2.1.1. Overview
14.2.1.2. Product Portfolio
14.2.1.3. Sales Footprint
14.2.1.4. Key Developments
14.2.1.5. Strategy Overview
14.2.2. Glanbia Plc
14.2.2.1. Overview
14.2.2.2. Product Portfolio
14.2.2.3. Sales Footprint
14.2.2.4. Key Developments
14.2.2.5. Strategy Overview
14.2.3. GlaxoSmithKline Plc
14.2.3.1. Overview
14.2.3.2. Product Portfolio
14.2.3.3. Sales Footprint
14.2.3.4. Key Developments
14.2.3.5. Strategy Overview
14.2.4. The Nature's Bounty Co.
14.2.4.1. Overview
14.2.4.2. Product Portfolio
14.2.4.3. Sales Footprint
14.2.4.4. Key Developments
14.2.4.5. Strategy Overview
14.2.5. Vitamin Shopee, Inc.
14.2.5.1. Overview
14.2.5.2. Product Portfolio
14.2.5.3. Sales Footprint
14.2.5.4. Key Developments
14.2.5.5. Strategy Overview
14.2.6. GNC Holdings Inc
14.2.6.1. Overview
14.2.6.2. Product Portfolio
14.2.6.3. Sales Footprint
14.2.6.4. Key Developments
14.2.6.5. Strategy Overview
14.2.7. Amway Corporation
14.2.7.1. Overview
14.2.7.2. Product Portfolio
14.2.7.3. Sales Footprint
14.2.7.4. Key Developments
14.2.7.5. Strategy Overview
14.2.8. Vitaco Health Limited
14.2.8.1. Overview
14.2.8.2. Product Portfolio
14.2.8.3. Sales Footprint
14.2.8.4. Key Developments
14.2.8.5. Strategy Overview
14.2.9. ABH Pharma Inc.
14.2.9.1. Overview
14.2.9.2. Product Portfolio
14.2.9.3. Sales Footprint
14.2.9.4. Key Developments
14.2.9.5. Strategy Overview
14.2.10.Herbalife International, Inc.
14.2.10.1. Overview
14.2.10.2. Product Portfolio
14.2.10.3. Sales Footprint
14.2.10.4. Key Developments
14.2.10.5. Strategy Overview
14.2.11.Pure Encapsulations, LLC
14.2.11.1. Overview
14.2.11.2. Product Portfolio
14.2.11.3. Sales Footprint
14.2.11.4. Key Developments
14.2.11.5. Strategy Overview
14.2.12.Nu Skin Enterprises, Inc.
14.2.12.1. Overview
14.2.12.2. Product Portfolio
14.2.12.3. Sales Footprint
14.2.12.4. Key Developments
14.2.12.5. Strategy Overview
14.2.13.Shaklee Corporation
14.2.13.1. Overview
14.2.13.2. Product Portfolio
14.2.13.3. Sales Footprint
14.2.13.4. Key Developments
14.2.13.5. Strategy Overview
14.2.14.Source Naturals, Inc.
14.2.14.1. Overview
14.2.14.2. Product Portfolio
14.2.14.3. Sales Footprint
14.2.14.4. Key Developments
14.2.14.5. Strategy Overview
14.2.15.Melaleuca
14.2.15.1. Overview
14.2.15.2. Product Portfolio
14.2.15.3. Sales Footprint
14.2.15.4. Key Developments
14.2.15.5. Strategy Overview
14.2.16.Advocare
14.2.16.1. Overview
14.2.16.2. Product Portfolio
14.2.16.3. Sales Footprint
14.2.16.4. Key Developments
14.2.16.5. Strategy Overview
14.2.17.Nature's Way Products, LLC.
14.2.17.1. Overview
14.2.17.2. Product Portfolio
14.2.17.3. Sales Footprint
14.2.17.4. Key Developments
14.2.17.5. Strategy Overview
14.2.18.USANA
14.2.18.1. Overview
14.2.18.2. Product Portfolio
14.2.18.3. Sales Footprint
14.2.18.4. Key Developments
14.2.18.5. Strategy Overview
14.2.19.Forever Living
14.2.19.1. Overview
14.2.19.2. Product Portfolio
14.2.19.3. Sales Footprint
14.2.19.4. Key Developments
14.2.19.5. Strategy Overview
14.2.20. Young Living
14.2.20.1. Overview
14.2.20.2. Product Portfolio
14.2.20.3. Sales Footprint
14.2.20.4. Key Developments
14.2.20.5. Strategy Overview
14.2.21.doTerra
14.2.21.1. Overview
14.2.21.2. Product Portfolio
14.2.21.3. Sales Footprint
14.2.21.4. Key Developments
14.2.21.5. Strategy Overview
14.2.22.Plexus
14.2.22.1. Overview
14.2.22.2. Product Portfolio
14.2.22.3. Sales Footprint
14.2.22.4. Key Developments
14.2.22.5. Strategy Overview
14.2.23.Alovea (f/k/a Evolv)
14.2.23.1. Overview
14.2.23.2. Product Portfolio
14.2.23.3. Sales Footprint
14.2.23.4. Key Developments
14.2.23.5. Strategy Overview
14.2.24.Jeunesse
14.2.24.1. Overview
14.2.24.2. Product Portfolio
14.2.24.3. Sales Footprint
14.2.24.4. Key Developments
14.2.24.5. Strategy Overview
14.2.25.Isagenix
14.2.25.1. Overview
14.2.25.2. Product Portfolio
14.2.25.3. Sales Footprint
14.2.25.4. Key Developments
14.2.25.5. Strategy Overview
14.2.26.Arbonne
14.2.26.1. Overview
14.2.26.2. Product Portfolio
14.2.26.3. Sales Footprint
14.2.26.4. Key Developments
14.2.26.5. Strategy Overview
14.2.27.Jarrow Formulas Inc.
14.2.27.1. Overview
14.2.27.2. Product Portfolio
14.2.27.3. Sales Footprint
14.2.27.4. Key Developments
14.2.27.5. Strategy Overview
14.2.28.NutraMarks, Inc.
14.2.28.1. Overview
14.2.28.2. Product Portfolio
14.2.28.3. Sales Footprint
14.2.28.4. Key Developments
14.2.28.5. Strategy Overview
14.2.29. Nature's Sunshine
14.2.29.1. Overview
14.2.29.2. Product Portfolio
14.2.29.3. Sales Footprint
14.2.29.4. Key Developments
14.2.29.5. Strategy Overview
14.2.30. Source Naturals, Inc.
14.2.30.1. Overview
14.2.30.2. Product Portfolio
14.2.30.3. Sales Footprint
14.2.30.4. Key Developments
14.2.30.5. Strategy Overview
15. Assumptions and Acronyms Used
16. Research Methodology
List of Tables
Table 01: U.S. Weight Management Market Value (US$ Mn) Analysis and Forecast By Form, 2015-2030
Table 02: U.S. Weight Management Market Value (US$ Mn) Analysis and Forecast By End User, 2015-2030
Table 03: U.S. Weight Management Market Value (US$ Mn) Analysis and Forecast By Sales Channel, 2015-2030
Table 04: Australia Weight Management Market Value (US$ Mn) Analysis and Forecast By Form, 2015-2030
Table 05: Australia Weight Management Market Value (US$ Mn) Analysis and Forecast By End User, 2015-2030
Table 06: Australia Weight Management Market Value (US$ Mn) Analysis and Forecast By Sales Channel, 2015-2030
Table 07: Hong Kong Weight Management Market Value (US$ Mn) Analysis and Forecast By Form, 2015-2030
Table 08: Hong Kong Weight Management Market Value (US$ Mn) Analysis and Forecast By End User, 2015-2030
Table 09: Hong Kong Weight Management Market Value (US$ Mn) Analysis and Forecast By Sales Channel, 2015-2030
Table 10: South Korea Weight Management Market Value (US$ Mn) Analysis and Forecast By Form, 2015-2030
Table 11: South Korea Weight Management Market Value (US$ Mn) Analysis and Forecast By End User, 2015-2030
Table 12: South Korea Weight Management Market Value (US$ Mn) Analysis and Forecast By Sales Channel, 2015-2030
List of Figures
Figure 01: U.S. Weight Management Market Value (US$ Mn) Forecast, 2020-2030
Figure 02: U.S. Weight Management Market Value (US$ Mn) Forecast, 2020-2030
Figure 03: U.S. Weight Management Market Value (US$ Mn) Forecast, 2020-2030
Figure 04: U.S. Weight Management Market Value (US$ Mn) Forecast, 2020-2030
Figure 05: U.S. Weight Management Market Value Share Analysis by Form, 2020E
Figure 06: U.S. Weight Management Market Value (US$ Mn) Analysis & Forecast by Form, 2020-2030
Figure 07: U.S. Weight Management Market Value Share Analysis By End User, 2020E
Figure 08: U.S. Weight Management Market Y-o-Y Growth Rate By End User, 2020-2030
Figure 09: U.S. Weight Management Market Value Share Analysis By Sales Channel, 2020E
Figure 10: U.S. Weight Management Market Y-o-Y Growth Rate By Sales Channel, 2020-2030
Figure 11: Australia Weight Management Market Value Share Analysis by Form, 2020E
Figure 12: Australia Weight Management Market Value (US$ Mn) Analysis & Forecast by Form, 2020-2030
Figure 13: Australia Weight Management Market Value Share Analysis By End User, 2020E
Figure 14: Australia Weight Management Market Value (US$ Mn) Analysis & Forecast by End User, 2020-2030
Figure 15: Australia Weight Management Market Value Share Analysis By Sales Channel, 2020E
Figure 16: Australia Weight Management Market Value (US$ Mn) Analysis & Forecast by Sales Channel, 2020-2030
Figure 17: Hong Kong Weight Management Market Value Share Analysis by Form, 2020E
Figure 18: Hong Kong Weight Management Market Value (US$ Mn) Analysis & Forecast by Form, 2020-2030
Figure 19: Hong Kong Weight Management Market Value Share Analysis By End User, 2020E
Figure 20: Hong Kong Weight Management Market Value (US$ Mn) Analysis & Forecast by End User, 2020-2030
Figure 21: Hong Kong Weight Management Market Value Share Analysis By Sales Channel, 2020E
Figure 22: Hong Kong Weight Management Market Value (US$ Mn) Analysis & Forecast by Sales Channel, 2020-2030
Figure 23: South Korea Weight Management Market Value Share Analysis by Form, 2020E
Figure 24: South Korea Weight Management Market Value (US$ Mn) Analysis & Forecast by Form, 2020-2030
Figure 25: South Korea Weight Management Market Value Share Analysis By End User, 2020E
Figure 26: South Korea Weight Management Market Y-o-Y Growth Rate By End User, 2020-2030
Figure 27: South Korea Weight Management Market Value Share Analysis By Sales Channel, 2020E
Figure 28: South Korea Weight Management Market Y-o-Y Growth Rate By Sales Channel, 2020-2030
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Weight Management Market
