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Increasing prevalence of obesity and general obese population across age groups are the main weight loss diet market drivers
HYDERABAD, Telangana, India, Sept. 30, 2022 /EINPresswire.com/ — IndustryARC forecasts that the weight loss diet market will reach $294.4 billion by 2027, according to a new report. Moreover, we are poised to grow at a CAGR. 6.8% over the forecast period 2022-2027. A staggering increase has been witnessed worldwide associated with diseases such as diabetes, cardiovascular disease and, in some cases, cancer, which are elevated due to high body weight. Due to preferences, etc., it is a major health concern in the western regions of the world with a focus on Europe and North America, thus products such as weight loss injections and prescription drugs such as Saxendra weight loss drugs are driving the demand. This report provides a complete analysis of the market, its major segments, growth drivers, trends, drivers and challengers, key players, etc.
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https://www.industryarc.com/Research/Global-Weight-Loss-Diet-Market-Research-514095
Important points:
This IndustryARC report on Weight Loss Diet Market highlights the following areas:
1. Geographically, North America dominated the weight loss diet market in 2021. This is due to factors such as the increased incidence of obesity and chronic diseases, in addition to the presence of a strong awareness of nutrition and dietary profiles. However, the Asia-Pacific region is expected to offer lucrative opportunities over the forecast period of 2022-2027. Thing.
2. Increased incidence of obesity among different classes of people followed by product innovation and improved delivery channels are the major drivers of the market. However, apart from misleading advertising strategies and high product costs, false claims hinder market growth.
3. A detailed analysis of strengths, weaknesses, opportunities and threats is provided in the Weight Loss Diet Market report.
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Segment analysis:
1. The weight loss diet market can be segmented into meal replacements, low-calorie sweeteners, low-calorie foods, slimming waters, diet soft drinks, and others. Low-calorie foods held the dominant market share in 2021. This is due to the ready availability of the following products on the market:
2. North America dominated the market with a 36% share in 2021. Americans spend nearly $33 billion each year on weight loss products. Additionally, obesity rates in the region are unrealistic, affecting 66-67% of the population. Range of overweight or obesity.
3. The weight loss diet market can be segmented into offline and online channels. Offline channels held dominant market share in 2021. This is due to the shopping patterns of different people in developed and developing societies. On the dining side, shoppers tend to look for variety at attractive prices while increasing product awareness through middlemen.
Competitive environment:
The top 5 players in Weight Loss Diets industry are:
1. Atkins Nutritionals
2. Herbalife Nutrition Limited
3. Nutrisystem
4. Ethicon Co., Ltd.
5. Covidien
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