Diet Pills Market 2024-2033, Share, Size, Analysis, Growth, Report, Forecast: Type, Application, Trends, Developments

 

Diet Pills Market

The Diet Pills Market will reach a valuation of USD 1.53 billion in 2022 and expand at a compound annual growth rate (CAGR) of 9.8%. Medication intended to aid in weight loss is referred to as diet pills, weight loss pills, or slimming pills. Their purported mechanisms of action include decreasing hunger, boosting metabolism, or obstructing the absorption of fat.

Prescription and over-the-counter diet medications are the two primary categories. exclusively those with a doctor's prescription can purchase prescription diet tablets, which are usually exclusively meant for those with a body mass index (BMI) of 30 or more, or for those with a BMI of 27 or higher with a minimum of one weight-related medical condition. There are over-the-counter diet medicines that don't have a prescription drug that are usually only meant for those with a BMI of 30 or below.

 

The revenue share of the worldwide diet pill market is increasing due to the growth in disorders such as obesity, cardiovascular disease, diabetes, and hypertension. Additionally, as more people embrace healthier lifestyles, these tablets are being used to maintain a healthy body weight, which is driving the market's revenue rise. It is anticipated that the government's stringent regulations regarding the chemical's high danger and adverse consequences would limit revenue development to some degree.

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In the upcoming years, it is anticipated that the market for diet pills will continue to rise at a quick pace. The market is driven by the rising population of overweight and obese individuals as well as the rising need for weight loss products.

Prescription diet tablets are only accessible with a doctor's prescription and are usually meant for individuals with a BMI of 27 or higher with a medical issue connected to weight, or for those with a BMI of 30 or higher. No prescription is required to purchase over-the-counter diet tablets, which are usually recommended for those with a body mass index (BMI) of 30 or below.

Diet Pills Market Segmental Analysis 

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

By Type     

·       Tablet

·       Capsule

·       Liquid

·       Powder

By Distribution Channel    

·       E-commerce  

·       Retail Stores   

·       Others

By Source      

·       Leaves   

·       Barks 

·       Fruits and Vegetables 

·       Roots 

·       Others

By Application

·       Pharmaceuticals  

·       Food and Beverages    

·       Personal Care    

·       Others

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By Function

·       Medicinal

·       Aroma

Key Companies

Nov- Nordisk A/S, Gelesis, Vivus LLC, Chong's Health Care, GlaxoSmithKline plc., Pfizer Inc. (Arena Pharmaceutical Gmbh), Iovate Health Sciences International Inc., Zoller Laboratories, Currax Pharmaceuticals LLC., and Teva Pharmaceutical Industries Ltd.

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