Market revenue in 2024 | USD 692.6 million |
Market revenue in 2030 | USD 1,618.2 million |
Growth rate | 15.2% (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 37.66% in 2024. Horizon Databook has segmented the South Korea weight loss supplements market based on liquid, powder, softgels, pills covering the revenue growth of each sub-segment from 2018 to 2030.
The South Korea weight loss supplements market is expected to exhibit lucrative growth due to various strategic initiatives undertaken by local players and international companies. Major supplement providers and retailers are expanding their presence across the country.
For instance, in August 2021, The Vitamin Shoppe, a major retailer of weight loss supplements, expanded in South Korea with the launch of e-commerce business and digital storefronts on 20 leading online marketplaces nationwide. Such strategies undertaken by major players are anticipated to drive the country's market for weight loss supplements in the coming years.
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