In the world economic growth, the Appetite Suppressants Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Appetite Suppressants market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Appetite Suppressants market size will be further expanded, we expect that by 2024, The market size of the Appetite Suppressants will reach XXX million $.
Appetite Suppressants Market Overview
Appetite suppressants are drugs that reduce appetite, which results in lower food consumption and thereby weight loss. Some of the common examples of appetite suppressants include phentermine, benzphetamine, mazindol, and diethylpropion. These medications come in the form of tablets extended-release capsules. These drugs are either prescribed or can be purchased over-the-counter. The global appetite suppressants market focuses on six regions namely North America, Latin America, Asia Pacific, Middle East, and Africa. The global appetite suppressants market is expected to witness significant growth during the forecast period, owing to rising healthcare awareness among the common populace.
Appetite Suppressants Market Drivers
Rising prevalence of obesity and overweight is expected to drive growth of the global appetite suppressants market during the forecast period. Obesity and overweight is a major health problem worldwide. According to the World Health Organization (WHO), in 2016, over 1.9 billion adults aged 18 years and above were overweight while 13% of adults aged 18 years and above were obese. Appetite suppressants trick the body into believing it is not hungry. These supplements are highly useful during weight loss and hence are expected to drive growth of the global appetite suppressants market during the forecast period. Moreover, rising health awareness among people and rising health-related concerns are expected to propel the global appetite suppressants market growth over the forecast period.
Appetite Suppressants Market Restraint
Side-effects such as dizziness, nervousness, digestive problems, constipation, and insomnia are expected to hamper the global appetite suppressants market growth over the forecast period.
Regional Market
Among regions, North America is expected to witness significant growth in the global appetite suppressants market during the forecast period. This is owing to the high prevalence of obesity and overweight in adults aged 20 years and above. Furthermore, Asia Pacific is expected to register a lucrative growth rate over the forecast period, owing to rising health awareness and a high prevalence of obesity across the region.
Competitive Section
Major companies involved in the global appetite suppressants market are BPI Sports, IdealFit, Cellucor, NLA for Her, Nutrex, NutraKey, Infinite Labs, Cobra Labs, GAT Sport, FitMiss, MAN Sports, Ronnie Coleman Signature Series, Gelesis, Inc., MuscleTech, Grenade, Finaflex, and ProSupps.
Key companies in the market are focused on product approval from regulatory authorities, in order to enhance the product portfolio. For instance, in June 2019, Gelesis, Inc. received the U.S. Food and Drug Administration for its weight-loss pill Plenty.
This Report covers the manufacturers' data, including shipment, price, revenue, gross profit, interview record, business distribution, etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume, and value, as well as price data.
Besides, the report also covers segment data, including type segment, industry segment, channel segment, etc. cover different segment market sizes, both volume, and value. It also covers different industries' client's information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Details
✒ BPI Sports
✒ Cellucor
✒ Nutrex
✒ Infinite Labs
✒ GAT Sport
✒ MAN Sports
✒ MuscleTech
✒ Finaflex
✒ ProSupps
✒ Grenade
✒ Ronnie Coleman Signature Series
✒ FitMiss
✒ Cobra Labs
✒ NutraKey
✒ NLA For Her
✒ IdealFit
Section 4: Region Segmentation
✒ North America Country (United States, Canada)
✒ South America
✒ Asia Country (China, Japan, India, Korea)
✒ Europe Country (Germany, UK, France, Italy)
✒ Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation
Product Type Segmentation:
✒ Capsule
✒ Powder
✒ Caplet
✒ Chewable
Industry Segmentation:
✒ Supermarkets/Hypermarkets
✒ Drug Stores
✒ Convenience Stores
Channel (Direct Sales, Distributor) Segmentation
✒ Section 8: Trend (2019-2024)
✒ Section 9: Product Type Detail
✒ Section 10: Downstream Consumer
✒ Section 11: Cost Structure
✒ Section 12: Conclusion
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