Weight Loss Supplement Industry Statistics

With this greater context in mind the weight loss industry as a whole was a 64 billion market in 2014.

Weight loss supplement industry statistics. Weight loss market is now worth a record 72 billion but the number of dieters has fallen due to the growth of the size acceptance and body positivity movement. However governments in various countries have implemented stringent regulations for market players in weight loss and weight management diet industry. Within that industry commercial weight loss services are where most franchise opportunities exist.

London business wire technavio has been monitoring the weight loss supplement market and it is poised to grow by usd 1 33 billion during 2020 2024 progressing at a cagr of over 5 during the. Nowadays the bmpea is classified by the fda as a substance that does. It is mandatory for the manufacturers to provide evidences regarding safety of any ingredient used in dietary supplements which are not approved under the dietary supplement and health.

Global market intelligence 2018 2028 july 2020 4250 weight loss and weight management diet market by product type and sales channel. Global opportunity analysis and industry forecast 2021 2027 june 2020 3961. The global dietary supplements market size was estimated at usd 123 28 billion in 2019 and is projected to expand at a cagr of 8 2 during the forecast period.

A positive outlook toward the sports nutrition market is also among major driving factors. Global weight loss supplement industry october 2019 4950 weight loss ingredients.