The advancement in pharmaceutical research coupled with the dynamic research in the stream of medicine is estimated to boost the growth of the market during the forecast period.
Developing weight loss medications that have minimal side effects has been the aim of various research labs and they have tasted success in finding it up to an extent. This factor is estimated to boost the growth of the market during the forecast period of 2022 to 2030.
Research teams are now aiming at the inferences and tactics used in the successful research segments to invent more effective diet pills. This factor is estimated to boost the growth of the market during the forecast period. The trend is estimated to continue at a healthy rate throughout the forecast period.
Key Market Trends
The increasing obesity in today’s generation owing to unhealthy food habits combined with the unhealthy routine has been known to be one of the factors that have been establishing a good market for the growth of dietary pills. The trend is estimated to continue throughout the forecast period.
However, the increased awareness about the side effects of diet pills and weight loss medications is estimated to drive the growth of the market during the forecast period.
Characterized by intensive testing and analysis the building of these pills undergoes an extensive method. Even though the positive and negative effects of using these pills become known during research, these negative facts barely ever reach the customers in the market. This factor is also estimated to boost the growth of the market.
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Segmental Analysis of the Market
By Type
- Soft Gell/Pills
- Powder
- Liquid
It is estimated for the powder category to lead the growth of the market.
By End User
- Men
- Women
- Senior Citizen
It is estimated for the men category to lead the growth of the market.
By Distribution Channel
- Pharmacies Drug Store
- Health Beauty Store
- Hypermarket/Supermarket
- Online Sales
- Other Sales Channel
It is estimated for the online sales category to lead the growth of the market.
North America to lead the market during the forecast period.
Owing to the presence of the major market players and rising number of regulations by FDA is the factor leading for the growth of the market in the region of North America. The notable regions for the market include North America, Europe, Asia Pacific, Latin America, and the Middle East Africa. The manufacturing and labeling of weight loss dietary supplements in the region of North America is also the factor that is driving the growth of t he market in the region of North America during the forecast period.
Competitive Landscape
Some of the prominent companies operating in the market are
- Abbott Laboratories
- Glanbia Plc
- GlaxoSmithKline Plc.
- Stefan Company
- GNC Holdings Inc
- Amway Corporation
- Vitaco Health Limited
- ABH Pharma Inc.
- Herbalife International, Inc
- Atlantic Multipower UK Ltd.
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Frequently Asked Questions
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