Market revenue in 2024 | USD 882.2 million |
Market revenue in 2030 | USD 1,972.5 million |
Growth rate | 14.4% (CAGR from 2024 to 2030) |
Largest segment | Powder |
Fastest growing segment | Pills |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Liquid, Powder, Softgels, Pills |
Key market players worldwide | Glanbia PLC, Abbott Laboratories, Nestle SA, The Kraft Heinz Co, PepsiCo Inc, Ajinomoto Co Inc, GSK PLC ADR, Herbalife Ltd, WK Kellogg Co, Amway Malaysia Holdings |
Powder was the largest segment with a revenue share of 37.64% in 2024. Horizon Databook has segmented the Australia weight loss supplements market based on liquid, powder, softgels, pills covering the revenue growth of each sub-segment from 2018 to 2030.
The weight loss supplements market in Australia is expected to register substantial growth due to the presence of several major national and international companies providing health supplements. Australians are increasingly seeking convenient solutions to support weight management, driven by busy lifestyles and a growing awareness of the link between obesity and chronic diseases.
The popularity of outdoor activities and fitness culture, including gym memberships and yoga, has led to a higher demand for supplements that aid weight loss and boost energy. Additionally, there is a shift towards natural, organic, and plant-based products, reflecting broader wellness trends. The growth of online shopping and easy access to supplements has further fueled market expansion in Australia
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