Market Share of Weight Management Products Industry
The global weight management products market is competitive. Emphasis is given to the companies' merger, expansion, acquisition, partnership, and new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Consumers prefer innovation in weight management products such as fat burners, an example of which is the flavors and unique packaging.
The major players like Glanbia PLC, Nestle SA, Abbott Laboratories, The Kelloggs Company, and Herbalife Nutrition Ltd. are focusing on introducing new products in the market to cater to the interests of the consumers. For instance, Amway Corp. is focusing on developing new ways to grow nutrients by experimenting with different types of botanicals, growing methods, and seeds used in its Nutrilite supplements and vitamins.
Weight Management Products Market Leaders
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Glanbia PLC
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Nestle SA
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The Kellogg Company
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Abbott Laboratories
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Herbalife Nutrition Ltd
*Disclaimer: Major Players sorted in no particular order
