Market revenue in 2024 | USD 2,607.5 million |
Market revenue in 2030 | USD 5,025.5 million |
Growth rate | 11.6% (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 37.72% in 2024. Horizon Databook has segmented the Canada 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 Canada is expected to exhibit significant growth over the forecast period due to the presence of several manufacturers, pharmacies, and retailers, such as Well.ca, Supplements Canada, and Supplement Source Health ULC, providing health supplements in the market.
Furthermore, increasing health awareness, rising obesity rates, and a growing focus on preventive healthcare are driving the market. Consumers are seeking convenient, effective solutions for weight management, driving demand for supplements. Additionally, the trend toward natural and plantbased products is gaining traction and is anticipated to drive Canada's weight loss supplements market over the forecast period.
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