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Weight Loss Supplement Market Key Players Analysis and Competitive Strategies

The market is driven by factors like consumers’ inclination towards healthy food lifestyle, increasing health disorders and adoption of medical policies to prevent obesity.

ID: 1550472
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(businesspress24) - Global weight loss supplement market is anticipated to grow significantly in the forecast period owing to the explosive demand for weight loss dietary supplements. Weight loss dietary supplement is the diet taken in place of healthy foods. They comprise herbs, minerals, and fibers in different quantity and various combinations. However, weight loss supplements are highly preferred by consumers worldwide and are not be ideal for health conditions like heart disease, liver disorder, diabetes, blood pressure, etc.

The market is driven by factors like consumerst. Nevertheless, rising incidence of side effects of the supplement intake is obstructing the market growth.

Increasing number of marketing and promotional activities for weight loss supplements is one of the major trends witnessed in the market. Hence, market vendors are adopting several strategies for increasing their revenue sales and product visibility like sales through online channels. Additionally, awareness for weight management and new product development are few other trends in the market.

Market is categorized on the basis of type, distribution channel and geography. On the basis of type, market is divided into low-calorie sweeteners, meal replacements, vitamins and minerals, dietary supplements, and green tea. Vitamin and mineral segment is expected to register significant growth in the forecast period owing to increasing use in dietary supplements.

Based on distribution channel, market is divided into large retail, online distribution, small retail, and health & beauty stores. Retail distribution segment is expected to hold larger share of the market owing to increasing preference by consumers.

Geographically, market is bifurcated as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to be dominant in the years to come owing to the presence of prominent market players. Asia Pacific is also anticipated to lead weight loss supplement market due to growing number of cases for obesity and diabetes. The major players in weight loss supplement market comprise Amway, Herbalife, Iovate Health Sciences International, GlaxoSmithKline, Glanbia Nutritionals Plc, Abbott Nutrition and Oriflame.

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weight-loss-supplement, weight-loss-supplements, weight-loss-supplement-market, weight-loss-supplement-industry, weight-loss, food-and-beverages, food-and-beverages-industry, food-and-beverages-market,

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published by: unnati_gade
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Date: 07/05/2019 - 08:42
Language: English
News-ID 1550472
Character count: 3423
Firma: Million Insights
Ansprechpartner: Tom Clark Feedback to about Pressrelease-id:
Stadt: Felton
Telefon: 14086102300

Meldungsart: Financial
Versandart: send
Freigabedatum: 05.07.2019

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