Weight Management Market Expansion Projected to Gain an Uptick During 2018 to 2028
The weight management market is segmented on the basis of product type, by source, by processing type, by form, by nature, by distribution channel and by region.
[UKPRwire, Tue Apr 09 2019] The report on weight management market is a comprehensive research report offering vital insights on sales and demand for weight management market worldwide. Several facets revolving around the weight management marketplace are covered in the report. Key drivers, trends, opportunities and challenges impacting the growth in sales and demand of weight management market are covered in the report. The weight management market report includes historical analysis on weight management market sales, current weight management market scenario and future highlights on demand of weight management market for a period of 10 years.
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US-China Trade War to Impact Weight Management Food Trade and Pricing Scenario
On-going US-China trade has disrupted the international trade scenario. Both major world economies have been imposing tariffs on various consumer goods, which is likely to have an indirect impact on the import-export scenario of weight management food such as nuts and various types of seeds. Attempting to challenge Washington DC, China (Beijing) is planning on imposing a 25 percent tariff on around US$ 50 billion agricultural products.
China has started levying additional tariffs on American nuts, wheat, soybeans, and dairy products, to name a few. However, action is still pending depending on US decision on threatened tariff on Chinese goods worth US$ 200 billion, which is expected in September 2018. Trade war between the world’s two major economies continues to remain a key factor likely to impact international weight management food trade along with price alterations in both countries in the coming years.
Proactive Consumption and Healthy Aging Fuel Demand for Weight Management Food
Sustainable and long-term health and wellness has gained significant traction as consumers of all age groups are inclined toward the trend. According to United Nations’ World Population Prospects report, 2017 revealed a count of over 960 million people in 60 year age group and the count is likely to double by 2050. Additionally, over 80 percent adults in the 60-65 years age group have at least one chronic ailment or disorder, according to National Council of Aging (NCOA). Chronic disorders such as diabetes, hypertension, and heart disorders among individuals are expected to increase, reveals NCOA. Growing health concerns associated with these disorders has generated a sense of proactive consumption of healthy food such as weight management packaged food products.
Obesity and Overweight Continue to Raise Concerns, Triggering Weight Management Packaged Food Demand
Co-existing with malnutrition, the obesity epidemic has not left any region untouched. Obesity can cause mental and physical diseases impacting overall lifestyle of individual. According to World Health Organization (WHO), obesity level worldwide tripled since 1975. In 2016, over 2 million adults in the age group of 18 years and more were classified as overweight with 650 million being obese. WHO revealed that mortality due to overweight and obesity are more as compared to mortalities by underweight. Associated with various cardiovascular disorders, obesity concerns have triggered the consumption of functional foods such as weight management products. This aspect continues to influence the sales of these products, complementing the market’s growth.
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Popularity of Keto and Paleo Diets Presenting New Avenues for Weight Management Food Products
Growing health conscious population has triggered the consumption of low carb diet using keto and paleo diets. Health conscious consumers are engaged in weight management, particularly weight loss using low carb diets such as keto and paleo, with keto reaching the third position in diet trends according to US National Survey. The growing adoption of keto and paleo diets have significantly boosted the consumption of various weight management foods such as oats, legumes, nuts and flax and chia seeds. Further, adoption of keto and paleo diets is complemented by increasing inclination of individuals toward latest dietary trends, which is expected to contribute to the overall sales of weight management food.
Natural Weight Management Foods Gains High Traction
Rising concerns regarding side effects of chemicals used in weight management food products are influencing demand for natural variants. This has largely influenced the consumption of plant-based and animal-based food products as compared to artificial counterparts. Consumption of natural food products is expected to grow in the coming years as they provide higher quantity of natural antioxidants, promote decrease in LDL cholesterol, reduction in heart diseases and diabetes.
The report on weight management market includes detailed competitive assessment covering profiles of major companies involved in production. Various facets of competition including SWOT analysis, weight management portfolio analysis, new developments, mergers and acquisitions, and key strategies are covered. The report on weight management market has profiled companies such as Danone S.A., Nestle S.A., General Mills Inc., and Marc Incorporated.
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