Weight Loss Diet Market

It is estimated that the global market for weight loss diet product market would grow to US$1193 million by 2030 from US$380 billion in 2018, with CAGR 8.9% during forecast period 2020-2030.

The diet for weight loss refers to foods and drinks with high fibre, low calories, low sodium and other products used to control body weight. Meal substitutes generally include protein shakes, bars and other foods used to substitute regular products to reduce the total calorie intake.

A diet that is used to lose weight and to maintain body form and avoid weight gain is defined as weight loss and weight management diet. Food and beverages, food replacement, weight-loss supplements, green tea and low-calorie sweeteners all comprise the weight loss and weight management diet products.

Increases shareholders in global weight management markets are developed economies, including North American and Europe. Asia Pacific is a growing market for weight loss and weight management. Per capita consumption of fast foods in countries like China, India and others has increased significantly over last decade and has fuelled the obesity problem across the region.

In this region, the demand for fat-burning supplements, including diet pills, is steadily increasing. Food substitutions are highly demanded by customers, as they are healthier than conventional foods.

A number of factors contribute to growth of global market for weight loss diets, including an increase in the number of obesity disorders, increased health awareness, consumption of a healthy diet and increase of disposable incomes. However, in coming years, the market is anticipated to be hindered by the high cost of some of the weight loss supplements coupled with strict government regulations in order to maintain the quality of those supplements.

The opportunity for major players to develop their customer base is therefore to offer cost efficient quality products. Meal substitution includes protein bars, shakes and other nutritional products used to replace ordinary foods to reduce the overall intake of calories. Additional forms of weight loss include diet pills and additional types. Low-caloric sweeteners such as Stevia, Aspartame, Sucralose, Saccharin, etc., are commonly used to sweeten food and drink rather than syrups with sugar.

The global weight loss diet market is segmented on the basis of type, distribution channel and geography. Based on type, the global weight loss diet market is sub-segmented into green tea, better-for-you food & beverages, low-calorie sweeteners, meal replacements, weight loss supplements and others. Based on distribution channel, the global weight loss diet market is sub-segmented into multi-level marketing, small retail, large retail, health and beauty stores and online stores. Geographically, the global weight loss diet market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Major players operating in the global weight loss diet market include Herbalife, Atkins Nutritionals, Ethicon, Nutrisystem, Apollo Endosurgery, Covidien, Amer Sports, Brunswick, Jenny Craig, Johnson Health Technology and Slimming World among others.

Segmentation:

By Type

• Green Tea
• Better-for-you Food & Beverages
• Low-calorie Sweeteners
• Meal Replacements
• Weight Loss Supplements 
• Others

By Distribution Channel 

• Multi-level Marketing
• Small Retail
• Large Retail
• Health And Beauty Stores 
• Online Stores

By Region

• North America
  • United States
  • Canada
  • Rest of North America
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  
  • Japan
  • India
  • China
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa
  •  UAE
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• South America
  • Brazil
  • Rest of South America