PROSPECTS AND OPPORTUNITIES
Direct sellers likely to strengthen their competitive positions
Direct selling has long been one of the most important distribution channels for weight management and wellbeing in Costa Rica. Accordingly, companies specialising in this business model should continue to fare well in the category over the forecast period.
Threat from GLP-1 drugs should be limited by high prices and stricter regulation
Although demand for weight management and wellbeing products is anticipated to increase throughout the forecast period, sales could be constrained by the fact that more people in Costa Rica are now attempting to lose weight by using injectable GLP-1 drugs originally developed to treat type 2 diabetes, such as Ozempic. These medications have been proven to facilitate substantial weight reduction in a relatively short period of time, and as of late 2024 could still be purchased without a prescription in the country.
Supplement nutrition drinks will continue to benefit from population ageing
Supplement nutrition drinks looks set to remain one of the better performing weight management and wellbeing categories in volume growth terms over the forecast period. It will continue to be a key beneficiary of population ageing in Costa Rica, as these products are often recommended for older adults who struggle to digest solid foods and absorb nutrients from their regular diet.
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Overview:
Understand the latest market trends and future growth opportunities for the Weight Management and Wellbeing industry in Costa Rica with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Weight Management and Wellbeing industry in Costa Rica, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Weight Management and Wellbeing in Costa Rica report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Weight Management and Wellbeing in Costa Rica?
- Which are the leading brands in Weight Management and Wellbeing in Costa Rica?
- How are products distributed in Weight Management and Wellbeing in Costa Rica?
- How has the regulatory and operating environment for Weight Management and Wellbeing changed in Costa Rica?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for Weight Management and Wellbeing
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
Weight Management and Wellbeing in Costa Rica - Category analysis
KEY DATA FINDINGS
Rising health- and image-consciousness continue to boost demand
Meal replacement remains the largest and best performing category
Megalabs launches Enterex brand in supplement nutrition drinks
Direct sellers likely to strengthen their competitive positions
Threat from GLP-1 drugs should be limited by high prices and stricter regulation
Supplement nutrition drinks will continue to benefit from population ageing
The following categories and subcategories are included:
Weight Management and Wellbeing
- Meal Replacement
- OTC Obesity
- Slimming Teas
- Supplement Nutrition Drinks
- Weight Loss Supplements
Weight Management and Wellbeing
Weight management and well being is the aggregation of meal replacement, weight loss supplements, OTC obesity, and slimming teas. Exclude meal plans such as Weight Watchers, Jenny Craig, Nutrisystem, or Slimming World among others similar options.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Weight Management and Wellbeing research and analysis database.
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