The global market for weight loss supplements has been gaining momentum on account of the revolutionary developments in the pharmaceutical industry. The past decade has witnessed has an awakening towards fitter bodies and lifestyles, think, driving more people to join gyms and fitness centers. Hence, the demand within the global market for weight loss supplements has also reached unprecedented levels. Furthermore, fitness experts, trainers, and even medical practitioners have begun recommending weight loss supplements to overweight persons. It is safe to estimate that the global market for weight loss supplements would expand at a robust rate due to promotion of fitter and healthier lifestyles. A report by TMR Research titled “Weight Loss Supplements Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025” elaborates the dynamics of the global market.
Overweight persons are at a risk of suffering from several diseases in the long run, thus, necessitating adequate measures for weight control. This has given an impetus to the growth of the global market for weight loss supplements while creating growth spaces for market players. Furthermore, social media has also played a major part in popularising health supplements across the globe. The availability of different flavors of health supplements has also fortified the growth of the global weight loss supplements market. Successful marketing strategies of the manufacturers of health supplements have also given a boost to market demand.
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The widespread prevalence of obesity across the US has driven demand for weight loss supplements in North America. Furthermore, multiple distribution channels for the sale of health supplements in North America has also enhanced the growth prospects of the global market.
The key players in the global market for weight loss supplements are Pfizer, Glanbia, American Health, and Herbalife International.