WEIGHT MANAGEMENT MARKET REPORT
The Weight management ingredients, for example, the L-carnitine market is anticipated to increase at a compound annual growth rate (CAGR) of 5.1% from 2021 to 2028 to reach USD 276.0 million by 2028. The market is seeing a high growth due to a rising health-conscious consumer base, a growing number of product launches containing L-carnitine, and growing demand from the animal feed industry.
Source: Grand View Research
Besides that, a market research report suggests the global vegan protein supplement market will demonstrate a CAGR of 7.48% from 2017 to 2025. With the growing interest in ketogenic diets, new food and beverage products launched with keto claims grew 76% from 2016 to 2017. Protein-based MCT uses a proprietary microencapsulation process to solve the application difficulties for vegetarian and vegan-friendly consumers.
Growing usage of L-carnitine, plant-based protein, and other similar weight management supplementation for post-workout recovery and especially weight loss is predicted to drive the market over the forecast period.
Recent Market Factors
1. The epidemic situation
The domestic epidemic situation has been showing a positive trend in last 8 weeks thought there are still several provinces and cities appearing new cases and become lockdown. Most production cities have been recovering to normal and leading to a much bigger capacity than 3 months ago. The total supply has been at 200% bigger than 4 months ago, that leads to even a big oversupply situation for most facilities.
2. Baltic Dry Index
Main ports in China have also returned to normal operation including sea, air and railway transportation. International freight costs, according to Baltic Dry Index has been decreasing to around 1150 from 3350 in May. This could also be a good signal for international business and can lead to more cost-down for customers.
3. Exchange Rate
Exchange Rate between USD/CNY has also been appreciating by 10% from September, 2021 to September, 2022. It is encouraged for enterprises in China to export in Q3 and Q4 with this exchange rate tendency in order to stimulate the economy in rest of year 2022. Hence this could also be a good opportunity for overseas companies to purchase Chinese ingredients.
Hence above are the main reasons that lead to the price decrease for most products in this industry.
Ingredients4u Brand Products: I-BIOMAX CLA & MCT
1. I-BIOMAX CLA Powder
I-BIOMAX’s rice protein CLA powder is a kind of conjugated linoleic acid triglyceride from safflower seed oil and rice protein, the form is flowable powder in yellow or white and the shelf life is more than 2 years. The ingredients of CLA powder can be customized, mainly including MCT, maltodextrin rice protein, and so on. It has anti-oxidation, good dispersibility, good instant solubility, and strict control of any harmful substance’s features.
2. I-BIOMAX MCT Powder
I-BIOMAX’s MCT powder is a kind of medium chain triglyceride from coconut or palm kernel oil, blended with rice protein. The form is flowable powder in yellow or white and the shelf life is more than 2 years. The ingredients of MCT powder can be customized, mainly including MCT, maltodextrin rice protein, and so on. It has good anti-oxidation, good water solubility, low-temperature stability, high ductility, and low viscosity features.
3. Features in Weight Management
The key function of I-BIOMAX’s CLA and MCT powder mainly features in weight loss, they can promote calorigenic action and fat oxidation, to effectively inhibit the deposition and accumulation of subcutaneous fat, and finally lose weight.