What Fueled The Previous Growth In The Diet Pills Market?
The diet pills market has seen considerable growth due to a variety of factors.
•In recent times, the market size for diet pills has experienced a significant increase. The industry, valued at $1.79 billion in 2024, is expected to rise to $1.99 billion in 2025, with an 11.1%.
compound annual growth rate (CAGR). Causes for this historic growth period include enhanced health and fitness consciousness, escalating obesity figures, alterations in lifestyle and dietary habits, marketing and promotional tactics, as well as medical recommendations, and prescriptions.
What Is The Expected Growth In The Diet Pills Market Size?
The diet pills market is expected to maintain its strong growth trajectory in upcoming years.
• The market for diet pills is projected to expand rapidly in the coming years, with a valuation reaching "$3.15 billion in 2029", displaying a compound annual growth rate (CAGR) of 12.2%.
The growth anticipated during the forecast period can be credited to the ongoing emphasis on health and wellness, a worldwide rise in obesity, the broadening of weight management services, advancements in formulations and components, as well as the expansion of e-commerce and direct-to-consumer channels. In the forecast period, major trends involve technological advancements in formulas, a focus on mental health, the use of appetite suppressants, the integration of digital health and the growth of online and e-commerce distribution.
What Are The Leading Drivers Of Growth In The Diet Pills Market?
The escalating issue of obesity is projected to drive the expansion of the diet pill market. Obesity, defining abnormal or excessive weight gain typically reflected by a body mass index (BMI) over 30, is a significant health concern. It enhances the probability of mortality from several types of cancer such as esophagus, colon, rectum, liver, gallbladder, pancreas, and kidney. Obesity also promotes the development of conditions like type 2 diabetes (T2D) and cardiovascular diseases (CVD). The diet pills, functioning as a medication for obese individuals, help them in shedding weight by reducing their appetite and the desire for food. For example, data from the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) released in May 2022 shows that over 42.4% of adults are obese and roughly 9.2% have severe obesity. Consequently, the rising cases of obesity are fuelling the progression of the diet pill market.
How Are The Segments Defined Within The Global Diet Pills Market?
The diet pills market covered in this report is segmented –
1) By Product Type: Prescription, Over The Counter, Herbal Supplements
2) By Age: Teenagers, Adults
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Drug Stores
4) By Application: Appetite Suppression, Fat Blocking, Other Applications
Subsegments:
1) By Prescription: Prescription Weight Loss Pills, Prescription Appetite Suppressants, Prescription Fat Blockers
2) By Over The Counter: Non-Prescription Weight Loss Pills, Appetite Control Tablets, Fat Burners, Metabolism Boosters
3) By Herbal Supplements: Herbal Weight Loss Pills, Herbal Appetite Suppressants, Natural Fat Burners, Traditional Herbal Formulations
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How Are New Trends Expected To Influence The Growth Of The Diet Pills Market?
The surge in demand for plant-based supplements is influencing the trend in the diet pill industry. Firms in this industry are creating plant-based diet pills to maintain their market presence. As an example, Wellbeing Nutrition, an Indian firm specializing in plant-based nutrition, debuted a product named SLOW in April 2022. The product comprises of 13 supplements, each specially designed to meet diverse health and wellness concerns, like reproductive support, bone health, weight management, daily multivitamins, and nutrition, among others. SLOW uses an innovative technology which involves the use of continuous-release coated pellets within a capsule to support timely digestion of vitamins and nutrients in the body throughout the day. This novel line aims to satisfy consumer needs for improved energy, physical stamina, cognitive clarity, and preventive health benefits.
Who Are the Key Players in the Diet Pills Market?
Major companies operating in the diet pills market include:
• GlaxoSmithKline plc
• Iovate Health Sciences International Inc.
• Novo Nordisk A/S
• Gelesis Inc.
• VIVUS Inc.
• Pfizer Inc.
• Creative Biosciences Pvt. Ltd.
• Applied Nutrition Ltd. (India)
• Herbalife Nutrition India Private Limited
• Camillotek India Pvt. Ltd.
• NOW Foods
• MuscleTech Research and Development LLC
• Healthviva Group of Companies
• Nalpropion Pharmaceuticals LLC
• Chong's Health Care Pte. Ltd.
• Currax Pharmaceuticals LLC
• TEVA PHARMACEUTICAL INDUSTRIES LTD
• Eli Lilly and Company
• Arena Pharmaceuticals GmbH & Co. KG
• Orexigen Therapeutics Inc.
• Takeda Pharmaceutical Company Limited
• Eisai Co. Ltd.
• Roche Holding AG
• Sanofi SA
• Boehringer Ingelheim International GmbH
• Merck & Co. Inc.
• Johnson & Johnson
• Abbott Laboratories
What Is The Most Dominant Region In The Diet Pills Market?
North America was the largest region in the diet pills market in 2024. The regions covered in the diet pills market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
