The Global Market for Weight Control Related Food and Beverage Products is Projected to Exceed US$58 Billion by 2020

Alarming Rise in the Global Obesity Epidemic Drives Demand for Weight Control Products, According to a New Report by Global Industry Analysts, Inc.

                                                                                                

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Weight Control Products market. The global market for Weight Control Related Food and Beverage Products is projected to exceed US$58 billion by 2020, driven by the expanding obese population and increasing consumer shift towards non-invasive treatments.

Weight control products comprise food, beverage, and supplements that facilitate decline in the total body mass index (BMI). Reduction in total body mass (BMI) with the objective of achieving health and fitness or for slimming purpose is primarily targeted at reducing body fat, body fluid, body mass including bone minerals or muscle tissue, and ligament tissue, among others. Increasing awareness about the ill-effects of obesity is a major factor contributing to the demand for weight control products. Buoyed by rising income levels, growing affluence, increasingly busy lifestyles and a high participation of women in workforce, market for convenience products such as packaged food & beverages is at an all-time high resulting in obesity and associated diseases worldwide. Against the backdrop, the food & beverage industry is under immense pressure from regulatory authorities to reduce fat and sugar content in its products. With consumer interest also shifting towards healthy food products, and with health professionals and associations promoting the need for weight reduction as a primary measure to improve overall health, demand for weight control products is set to register healthy growth over the analysis period.

Future growth in the market will be driven by the alarming rise in the global obesity epidemic that is wielding huge impact on demand for weight control products; rising need to address various obesity-related health concerns such as cardiovascular diseases, hypertension, and diabetes; surging popularity of low-calorie carbonated drinks; and growing penetration of good-and-low carbs and good-for-you products. Other important factors driving market expansion in the near term include the ongoing shift towards non-invasive treatments, increasing preference for preventive healthcare due to mounting healthcare costs; and development of a broad range of innovative food and beverage ingredients and additives that aid weight control. Growing popularity of weight management products and solutions, growing health awareness, and rapidly graying world population, is also expected to benefit market prospects in the coming years.

As stated by the new market research report on Weight Control Products, the United States represents the largest market worldwide, followed by Europe. In developed nations of the U.S. and Europe, weight control has become a lifetime process due to rising incidence of obesity and the resulting desire to stay healthy and maintain active lifestyles. Per capita expenditure on weight loss and weight control products in the US and Europe is witnessing strong growth as consumers are willing to pay extra for high-quality and nutritious products. Asia-Pacific represents the fastest growing market with a CAGR of 7.2% over the analysis period. Expanding obese and overweight population, unpenetrated and underpenetrated nature of the market, increasing purchasing power, and growing demand for nutrient-rich and healthy foods represent key factors stimulating demand for weight control products in the region.

Key players covered in the report include Abbott Laboratories, EAS, Inc., Abbott Nutrition, Amway, Atkins Nutritionals, Inc., Boresha International, Carmit Candy, The Coca-Cola Company, Genisoy Food Company, Inc., Global Healing Center, H.J. Heinz Company, Herbalife International of America, Inc., Hydroxycut, Idea Sphere Inc., Twinlab Corp., Kraft Foods, Inc., Mead Johnson Nutritionals Inc., Nestle SA, PepsiCo, Inc., Rexall Sundown, Inc., The Sunrider Corporation, Unilever PLC, and Slim-Fast Foods Co., among others.

The research report titled “Weight Control Products: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, mergers, acquisitions and other strategic industry activities of major market participants.  The report provides market estimates and projections for major geographic markets, including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America), and Rest of World. Product types analyzed in the report include Low-Fat and Fat-Free Dairy Products; Carbonated and Other Liquids; Light Foods; Prepared Intakes; Herbal Supplements; and Dressings.

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