Weight Loss Supplement Ingredients Market Demand By Ingredient, Form, Ingredient-Form, Application, Region And Forecast
San Francisco, 17 Sep 2024: The Report Weight Loss Supplement Ingredients Market Size, Share & Trends Analysis Report By Ingredient, By Form (Capsules/Tablets, Powder), By Application (Fat Burners, Appetite Suppressants), By Region, And Segment Forecasts, 2024 - 2030
The global weight loss supplement ingredients market size is expected to reach USD 10.29 billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing prevalence of obesity worldwide is a major driver for the market. As more people struggle with overweight and obesity issues, there is a corresponding increase in the demand for weight loss supplements and ingredients that can aid in achieving weight loss goals.
One of the key drivers of growth in the market is the growing awareness of the importance of health and wellness. Individuals worldwide increasingly becoming aware of the importance of maintaining a healthy weight. This awareness has led to increased consumer spending on products that promise weight management benefits, including weight loss supplements. The heightened consciousness about personal health drives the demand for weight loss supplements and their ingredients.
Moreover, there is a growing preference among consumers for natural and organic ingredients in weight loss supplements. As people become more conscious of what they consume, they seek products that are perceived as healthier and more sustainable, driving the market towards natural ingredient formulations.
Additionally, the widespread use of digital marketing strategies and the availability of weight loss supplements through e-commerce platforms have expanded the reach of these products to a larger audience. Consumers can easily access information about different supplement ingredients, compare ingredients in the products, and make purchases online, contributing to market growth.
Access Research Report of Weight Loss Supplement Ingredients Market @ https://www.grandviewresearch.com/industry-analysis/weight-loss-supplement-ingredients-market-report
Weight Loss Supplement Ingredients Market Report Highlights
- Natural weight loss supplement ingredients held a share of 80.3% in 2023, owing to consumers becoming increasingly health-conscious and seeking natural and organic ingredients in their weight loss supplements due to concerns about synthetic additives and potential side effects.Ongoing research into the efficacy of natural ingredients for weight loss is also contributing to the expansion of the market as more evidence supports their effectiveness.
- Synthetic weight loss supplement ingredients segment is expected to witness a CAGR of 5.1% from 2024 to 2030 due to advances in technology that are enabling the development of innovative synthetic formulations that target specific aspects of weight management such as appetite suppression, fat burning, and metabolism-boosting.
- The market for capsules/tablets supplements held a significant share in 2023 as there is a rise in effective weight loss capsules and tablets with scientifically-backed ingredients attracting a broader consumer base, including individuals who may have been skeptical of traditional supplements or pharmaceuticals.
- The market for gummy supplements is expected to witness a notable growth in CAGR from 2024 to 2030. A significant factor driving the growth is the rise in manufacturers' innovations, and the introduction of new formulations that include weight-loss ingredients such as green tea extract, garcinia cambogia, or conjugated linoleic acid (CLA)
- The market for fat burners held a notable market share in 2023 owing to rising consumer interest due to aggressive marketing campaigns promoting their benefits.
- The appetite suppressant market for weight loss supplement ingredients is anticipated to grow with a notable CAGR from 2024 to 2030 due to the rising development of innovative formulations and advanced delivery systems.
- In 2023, the market in North America captured a significant revenue share in 2023. The rising prevalence of obesity in the region has led to a growing demand for weight loss products, including synthetic supplement ingredients.
- Asia Pacific weight loss supplement ingredient is expected to grow with a notable CAGR during 2024 to 2030. Increasing awareness about health and wellness, coupled with a desire to achieve fitness goals, is boosting the consumption of weight loss supplements containing synthetic ingredients in the region.
Weight Loss Supplement Ingredients Market Report Scope
Report Attribute | Details |
Market size value in 2024 | USD 6.90 billion |
Revenue Forecast in 2030 | USD 10.29 billion |
Growth rate | CAGR of 6.9% from 2024 to 2030 |
Actuals | 2018 - 2023 |
Forecast period | 2024 - 2030 |
List of Key Players in the Weight Loss Supplement Ingredients Market
- Archer Daniels Midland
- Kerry Inc
- Cargill Inc
- Lonza Group Ltd.
- BASF SE
- IFF
- DSM
- Glanbia PLC
- Lallemand Inc
- Hansen Holding AS
Access Press Release of Weight Loss Supplement Ingredients Market @ https://www.grandviewresearch.com/press-release/global-weight-loss-supplements-ingredients-market
About Grand View Research
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
For More Information: https://www.grandviewresearch.com/horizon
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