Gaining weight is always easier than shedding the extra kilos. These days people are switching to a healthy diet for maintaining a healthy body. Deposition of excess fat in the body and obesity can best be controlled through weight loss ingredients. These days major brands too are shifting focus towards providing weight loss supplements which can provide minerals, vitamins, and balanced nutrition thereby offering a complete nutrition package. The weight loss product market is projected to grow at an impressive 10.3% CAGR over the forecast period of 2017 to 2023, affirms Market Research Future (MRFR) in an in-depth study. Weight loss ingredients have gained enough traction chiefly due to the rising weight loss concerns along with the desire for sleek physical appearance. Weight loss ingredients work wonders in maintaining a healthy body along with keeping the weight in check. These ingredients are extracted from the natural sources such as minerals, fiber, and herbs and supplemented in supplements, functional foods and other products for speeding up metabolism, restricting the appetite and above all blocking the absorption of carbohydrates and fat. Generally, weight loss ingredients include organic compounds, polysaccharides, fatty acids, and proteins. The key risk factors related to obesity include genetic vulnerability, lack of physical movement and excessive food intake.
Some of the factors that are driving the growth of the weight loss ingredients market as per the MRFR report include sedentary lifestyle that leads to obesity and complications associated to it, the trend for healthy eating, incorporating healthy ingredients in the diet and increasing preference for functional beverages and food. On the flip side, side effects of such ingredients and strict laws imposed in the use of such ingredients in specific food and beverages are likely to restrict market growth.
Ingredion Incorporated (U.S.), Herbalife International, Inc. (U.S.), Glanbia Plc (Ireland), Cargill Health & Nutrition (U.S.), DSM Nutritional Products (Netherlands), Atkins Nutritionals, Inc. (U.S.), and BENEO-Palatinit GmbH (Germany) are the key players profiled in the weight loss ingredients market.
As per the MRFR report, the weight loss ingredients market has been segmented based on source, ingredient function, and application.
Based on source, the weight loss ingredients market has been segmented into organic compounds, phytosteroids, alkaloids, fatty acids, polysaccharides, proteins, and others. Among these, proteins will have a major share in the market followed by fatty acids. Extensive use of weight loss ingredients in beverages and food is driving the growth of the market.
Based on ingredient function, the weight loss ingredients market has been segmented into metabolic booster, absorption inhibitor, appetite suppressant, fat burner, and others. Among these, fat burner will have the largest market share owning to approval of PUFA for being used in weigh loss ingredients.
Based on application, the weight loss ingredients market has been segmented into functional beverages, functional foods, dietary supplements, and others. Among these, dietary supplements will dominate the market over the forecast period owing to increasing health awareness of weight. This will be followed by functional beverages and functional foods owing to the various health benefits related to consuming weight loss ingredients.
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Based on region, the weight loss ingredients market is segmented into North America, Europe, Asia Pacific and Rest of the World. Among these, North America will dominate the market over the forecast period.
Europe will account for the second largest share owing to higher consumption of such ingredients as functional food and supplements coupled with rising incidences of obesity and other forms of chronic diseases. Moreover, burgeoning demand for such ingredients especially in the food and beverages industry will also fuel market growth in this region. Also, the increasing need for functional food and beverages that contain weight loss ingredients in France and the UK will drive the growth of the market in the European region.