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According to a new market report published by Industry Probe (https://www.industryprobe.com/) titled ‘Weight Loss Supplements Market (Form: Powder, Capsules, Soft Gels, Tablets/Pills, Liquid, and Others (Drops, Caplets, etc.); Type: Appetite Suppressants, Carb/Fat Blockers, Fat Burners, and Others (Diuretics, Thermogenesis, etc.); End User: Men and Women; and Distribution Channel: Online [Company Website and e-Commerce Portals] and Offline [Hypermarkets/Submarkets, Specialty Stores, Brand Stores, and Drugstores]) – Global Industry Dynamics, Trends, and Forecast, 2020–2027,’ the global weight loss supplements market is expected to reach US$ 12 Bn by 2027 and expand at a CAGR of 5.5% from 2019 to 2027.
The capsules segment is a major contributor to the growth of the weight loss supplements market. The market was valued at US$ 2,374.0 Mn in 2018 and is expected to expand at a CAGR of 6% from 2019 to 2027. Most of the supplement brands today offer a broad range of nutraceutical products in the form of tablets, soft gelatin capsules, hard capsules, seamless capsules, gels, bars, liquids, powders, and granules. However, the capsule form of the product is most favored due to its perks such as unique mixes of ingredients, good oxygen barrier, easy to swallow, tasteless, odorless, and can be opened to obtain powder ingredient. Two-piece, hard-shelled capsules have grown to be the favorite delivery system for weight loss supplement brands. Capsules are packed with formulations in the form of dry ingredients in their powdered form or little pellets. Bi-layer capsule supplements can be delivered in the form of a mini-capsule planted inside a bigger, liquid-filled capsule. The difference in the thickness of the beads’ cover will provide for a controlled (or delayed) tearing and release. These innovations and the development of technology is expected to increase the demands for products in the segment for the anticipated period.
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According to the report, capsules and powder are popular consumer choices in various countries across the world, as these forms of weight loss supplements are easy to consume and require low manufacturing costs. The progress in capsule manufacturing has given manufacturers multiple options for products with shell colors, shapes, design, and imprinting options. The advanced features like maintaining crystal-clear transparency and a special degree of glow are easily possible today, thus offering greater visual appeal for the product. In terms of branding, this helps companies in the health industry with weight loss supplements show their consumers the actual aspect of the supplements or innovate with the looks of the capsules. The capsule section is full of opportunities for weight loss supplement companies, and they must leverage these trends to deliver capsules that make use of the latest ingredients and mixtures.
The report includes the below mentioned pointers of major players operating in the Weight Loss Supplements Market:
· Competition Matrix
· Company Overview
· Market Share Analysis (2018)
· Product Innovation
· Business Strategies / Recent Developments
· Technological advancements
· Key mergers and acquisitions
· Expansion strategies
· Company Financials
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The weight loss supplements market is fragmented due to the presence of several players. Competition is expected to intensify in the near future with the entry of several local players. Key companies profiled in the research report include Abbott Laboratories, Amway Corp., Atkins Nutritional, Evlution Nutrition, Glanbia Plc, Herbalife International, Inc., Natrol, LLC, Natural Alternatives International, Inc., Rapid Nutrition Plc, and Reliv International, Inc.
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