global-slimming-aids-market Global Slimming Aids Market

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Global Slimming Aids Market

  • Published Date: 23 Mar 2018
  • Number of Pages: 225
  • Category: Healthcare and Medical
  • Country: Global
Slimming aids are defined as dietary supplements that can help an individual lose weight or maintain a desired weight level. The Global Slimming Aids Market was valued at around XX billion USD in 2016 and is expected to grow by X% CAGR to reach nearly XX billion USD by 2022. Slimming aids can be of many different types based on their ingredients and method of consumption. Some popular types of slimming aids are diet pills, weight loss powders, special teas etc. Most slimming aids claim to help users lose weight with minimum or zero dependence on specialized diet plans or rigorous physical exercise regimens. The growth of the segment has mainly been fuelled by increased desire to have a fit and healthy body but reduced time to take part in specialized regimens.

End Users

The end users of slimming aids can be categorized based on their reason for using the product. For example, slimming aids can be used by individuals who are overweight and need supplements to help lose weight or by people who have achieved a desired weight and now want to maintain the desired weight. The choice of the slimming aid that the individual will use depends on their reason to use it and on other factors like affordability, availability etc.

Market Dynamics

The slimming aids market is a rapidly evolving market with new kinds of products being made available in quick succession. The market has tremendous growth potential as nearly 30% of the world population is overweight. At the same time, people are becoming more aware of the risks associated with obesity and desire a healthy body. As it is difficult for people to stick to specialized diets and/or exercise regimens, opportunities are available in the market for products that will help people lose weight while allowing them to follow their usual lifestyle. There is also growth potential in the market for products that can help people maintain their desired weight level in the long run. Some other factors that can aid the growth of the slimming aids market are rise in disposable income, rapid urbanisation, growth of fast food industry etc.

However, the market faces some threats as well. There have been instances where slimming aid manufacturers have been sued by consumers for not delivering the promised results. Also some studies have suggested a link between use of dietary weight loss supplements and emergency hospital visits. Some consumers have started moving towards healthy eating as opposed to using slimming aids. Hence, to succeed, companies need to provide products that can deliver the promised results and design marketing strategies that can allay consumer fears of side effects.

Market Segmentation

The global slimming aids market can be segmented based on ingredients used, method of consumption, type of supplement action and geography. Based on ingredients, products can be in the herbal/natural or synthetic segment. Based on method of consumption, products can be pills, shakes and powders, special teas etc. Based on type of supplement action, products can be segmented into metabolism boosters, appetite suppressants or enzyme supplements.

Regional/Geographic Analysis

Geographically, the slimming aids market can be divided into North America, Europe, Asia-Pacific (APAC), and Latin America, Middle East and Africa (LAMEA) regions. The developed geographic areas like North America and Europe are major contributors to the market. However, rapid growth can be observed in the APAC region in countries like India and China. This is due to growing obesity in the region and at the same time greater awareness and desire for people to attain and maintain healthy weight.

Key players

Some of the major players in the market are Amway, Creative Bioscience, Glanbia, GSK, Herbalife, and Iovate Health Sciences.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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