PROSPECTS AND OPPORTUNITIES
Little value movement expected as consumers doubt product efficacy
Although weight management and wellbeing is set to return to negligible retail current value growth in Ireland in the first half of the forecast period, this is not expected to endure, and a return to decline will follow in the second half. The growing consumer preference for losing weight in a more natural and holistic way, via healthy eating and regular exercise, and doubts about the efficacy of these products, are set to limit the growth potential in weight management and wellbeing.
Opportunities for growth may still remain
The patterns of growth and decline seen in weight management and wellbeing in 2024 are expected to be maintained. Therefore, whilst meal replacement and weight loss supplements are set to continue to see a declining trend in Ireland, consistent growth is anticipated for slimming teas.
Surgical solutions for obesity remain a threat to growth
The obesity rate in Ireland is above the global average, and is set to remain one of the major challenges to Ireland’s health system during the forecast period. Indeed, obesity is considered one of the country’s most pressing public health problems.
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Overview:
Understand the latest market trends and future growth opportunities for the Weight Management and Wellbeing industry in Ireland 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 Ireland, 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 Ireland 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 Ireland?
- Which are the leading brands in Weight Management and Wellbeing in Ireland?
- How are products distributed in Weight Management and Wellbeing in Ireland?
- How has the regulatory and operating environment for Weight Management and Wellbeing changed in Ireland?
- 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 Ireland - Category analysis
KEY DATA FINDINGS
An increasing number of consumers turn to diet and exercise to lose weight
Meal replacement fails to return to growth, but slimming teas performs well
Impact of prescription weight loss solutions and sports nutrition
Little value movement expected as consumers doubt product efficacy
Opportunities for growth may still remain
Surgical solutions for obesity remain a threat to growth
Consumer Health in Ireland - Industry Overview
Consumer health in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer health?
OTC registration and classification
Vitamins and dietary supplements registration and classification
Self-medication/self-care and preventive medicine
Switches
DISCLAIMER
DEFINITIONS
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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