Australia Weight Loss Supplements Market Size & Outlook
The weight loss supplements market in Australia is expected to reach a projected revenue of US$ 970.8 million by 2028. A compound annual growth rate of 18.8% is expected of Australia weight loss supplements market from 2022 to 2028.
Revenue, 2021 (US$M)
$290.8
Forecast, 2028 (US$M)
$970.8
CAGR, 2022 - 2028
18.8%
Report Coverage
Australia
Australia weight loss supplements market, 2018-2028 (US$M)
Related Markets
Australia weight loss supplements market highlights
- The Australia weight loss supplements market generated a revenue of USD 290.8 million in 2021 and is expected to reach USD 970.8 million by 2028.
- The Australia market is expected to grow at a CAGR of 18.8% from 2022 to 2028.
- In terms of segment, powders was the largest revenue generating type in 2021.
- Pills is the most lucrative type segment registering the fastest growth during the forecast period.
Weight loss supplements market data book summary
| Market revenue in 2021 | USD 290.8 million |
| Market revenue in 2028 | USD 970.8 million |
| Growth rate | 18.8% (CAGR from 2021 to 2028) |
| Largest segment | Powders |
| Fastest growing segment | Pills |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pills, Powders, Softgels, Liquid |
| 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 |
Other key industry trends
- In terms of revenue, Australia accounted for 0.7% of the global weight loss supplements market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China weight loss supplements market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 23,939.4 million by 2028.
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Weight Loss Supplements Market Scope
Weight loss supplements market segmentation & scope
Weight Loss Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia weight loss supplements market size, by type, 2018-2028 (US$M)
Australia Weight Loss Supplements Market Outlook Share, 2021 & 2028 (US$M)
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