iCrowdNewswire Jan 13, 2021 11:52 AM ET
Increase in the level of sedentary lifestyle has led to increase in cases of obesity and obesity related complications. This trend has spurred on the development of the wellness and weight loss segment on a huge scale. Due to the importance of weight in correlation with health and a positive body image, there is a huge demand surge that is being experienced by the sector recently. Inclination towards healthy eating as well as incorporating healthy ingredients in daily diet has provided a significant boost to the industry. With increased presence of millenials in this segment, the market has improved and multiplied its demand effectively.
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Leading Key Players Trend
With the emerging industry players displaying a trend of solid growth in the market, and the addition of new and advanced products, the sector will diversify rapidly in the forecast period. Companies are aiming to gain & solidify their shares of the market segment, by competing and experimenting with various advantage points. Some of the key players profiled in the global weight loss ingredients market: DSM Nutritional Products (Netherlands), BENEO-Palatinit GmbH (Germany), Herbalife International, Inc.(U.S.), Atkins Nutritionals, Inc. (U.S.), Cargill Health & Nutrition (U.S.), Glanbia Plc (Ireland), Ingredion Incorporated (U.S.).
The Weight Loss Ingredients Market is segmented into the categories below:
On the basis of ingredient function the segment includes fat burner, appetite suppressant, absorption inhibitor, metabolic booster, and others. In this segment, the weight loss ingredients are used as a fat burner, which is dominating the market followed by metabolic booster. The major reason for growth of this segment is approval of PUFA from the regulatory authority for being used as a weight loss ingredient.
Moreover, increasing consumer awareness levels and growing demand for functional food & beverages supplemented with weight loss ingredients in European countries like U.K. and France, a strong growth is estimated in the weight loss ingredients market in European region.
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