Epidemic Proportions of Obesity and Related Illness Throws Spotlight on World Weight Control Products Market, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Weight Control Products market. The global market for weight control products is forecast to exceed US$53 billion by the year 2017, prompted by rising incidence of obesity and related illness not only in affluent western countries but also in the developing world. Further, increased focus on enhanced and healthy quality of life, slew of new products introductions and growing prevalence of obesity among children is boosting the demand for weight control and weight loss products.

Weight Control Products: A Global Strategic Business Report

Follow us on LinkedIn – The epidemic proportions of obesity and its related illnesses has over the past few years thrown the spotlight on weight control products. With modern hectic lifestyles playing havoc with peoples’ health, attractive opportunities are in store for the market. Weight control and weight loss has become a part of life for a large percentage of population in developed countries. With the calorie rich diets of the cash strapped economies making the battle against the bulges fiercer, there exists lucrative opportunities for weight control and weight loss products, and this is the key reason for the weight control products market to resist global crisis, and continue growth momentum. Statistics reveal that about 1.6 billion people globally are overweight or obese, with the US accounting for the highest percentage of that population. Presently, around 70% of the US population is either obese or overweight. Overweight and obesity issues are however not just restricted to affluent western world, but are also increasingly seeping into the developing countries, as these countries witness rapid economic development and urbanization. Obesity is on the rise at an alarming rate among, adults as well as children, the world over, and is rapidly reaching epidemic proportions, leading to huge healthcare costs and burden for the individual as well as for the economy of a country. With rising obesity rates among adults and children, a greater number of products are being introduced in the meal replacement, and diet or weight loss category. Diet formulations are being made available in various forms including liquids, powders, pills/candy, and solids, with studies revealing that new forms of delivery systems, rather than new weight loss ingredients, are likely to have a greater impact on customers and thereby facilitate in boosting market revenues. Apart from serving the adult population, the global market for is also currently offering products for children as increasing number of children are suffering from obesity in various countries.

Until now, obesity was considered to be an epidemic in developed countries. Lately, however, obesity is reaching alarming proportions even in developing countries, which is ironic, since these countries continue to battle the challenge of childhood malnutrition. Spreading swiftly from the United States to Europe and other rich nations, obesity has today penetrated even the developing countries such as China and India, acutely afflicting their urban population. A key reason for the spread is the changing lifestyles, which favor quick, convenient, easy-to-prepare, and processed calorie rich food, motorized transport, increasing use of energy-sparing devices, and sedentary employment, and pastimes such as television. With globalization of modern lifestyle trends changing the traditional lifestyles of people in developing countries, growth in obesity rates is expected to spiral in the upcoming years. The ingress of multinational companies, offering cheap, highly refined fats, hydrogenated oils, and carbohydrate rich foods has helped exacerbate obesity epidemic.

As the problem of obesity continues to rise throughout the world, the weight management market is expected to increase in tandem. Given, the blistering pace of modern lifestyles, and its induced popularity of prepared foods, weight management products and other diet related programs are gaining in preeminence like never before. In developed nations of the US and Europe, weight management has become a lifetime process with growing consumer inclination. The market for Light Foods is the fastest growing weight control product category worldwide. The reasons are not difficult to explain. Snacks have been long time favorites and weight conscious consumers prefer to snack than go for a full-fledged meal. Carbonated and other liquids, and meal replacements such as shakes and nutrition bars, as an ideal evening snacks, constitute for the largest pie in the overall weight control market, both in the US and Europe. Increasing obesity is expected to continue drive the growth of overall carbonated drinks market in the developed regions.

Developed countries of North America and Europe represent large and mature markets with stabilizing growth patterns, and capture a major slice of the global market, as stated by the new market research report on Weight Control Products. In developed countries, per capita expenditure on weight loss and weight control products is high, with consumers willing to pay extra amount for superior-quality and nutritious products. On the other hand, developing countries, where obesity is on the rise, are expected to fuel future growth, and account for the larger share of new product introductions. The Asia-Pacific region with growing urbanization, rising income levels and obese population is expected to lead the growth in the weight control products market with a high CAGR of 7.4% through 2017.

Major players profiled in the report include Abbott Laboratories, EAS Inc., Abbott Nutrition, The Coca-Cola Co., Genisoy Food Company Inc., HJ Heinz, Idea Sphere Inc., Twinlab Corp., Kraft Foods Inc., Mead Johnson Nutritionals, Nestle SA, PepsiCo Inc., Rexall Sundown Inc., The Groupe Danone, Unilever, Slim-Fast Foods Co., Schiff Nutrition International Inc., among others.

The research report titled "Weight Control Products: A Global Strategic Business Report" announced by Global Industry Analysts Inc., provides a comprehensive market overview of the market, impact of the recession, current market trends, major growth drivers, key statistical facts on obesity, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for weight control products for the years 2009 through 2017 for the following geographic markets – US, Canada, Japan, Europe, Asia-Pacific and Rest of World. Key product segments analyzed include Low-Fat & Fat-Free Dairy Products, Carbonated and Other Liquids, Light Foods, Prepared Intakes, Herbal Supplements, and Dressings. The study also provides historic data for an insight into market evolution over the period 2003 through 2008.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Weight_Control_Products_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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