PROSPECTS AND OPPORTUNITIES
Market feels the squeeze with rising prices and an expected rise in VAT.
Sales of weight management and wellbeing products are unlikely to see major growth over the forecast period with most products seeing a downturn as a result of rising prices. An expected rise in January 2025 will also dampen consumer ardour as prices rise across the entire OTC consumer health market and beyond, putting further pressure on what consumers can afford.
Weight loss supplements expected to be the major product over the forecast period
The interest in weight loss supplements is unlikely to go away over the forecast period with many consumers keen to buy the “latest” weight loss supplement online. Should products such as PhenQ officially arrive in Israel this could boost the sector, as PhenQ is already well known and popular in Israel despite not being officially present.
Ozempic banned as weight loss product in 2024.
In April 2024, the Ministry of Health in Israel banned the use of Ozempic for weight loss, reserving it only for diabetics. Whilst Ozempic is a prescription only product, many Israelis have used it to lose weight.
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Overview:
Understand the latest market trends and future growth opportunities for the Weight Management and Wellbeing industry in Israel 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 Israel, 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 Israel 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 Israel?
- Which are the leading brands in Weight Management and Wellbeing in Israel?
- How are products distributed in Weight Management and Wellbeing in Israel?
- How has the regulatory and operating environment for Weight Management and Wellbeing changed in Israel?
- 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 Israel - Category analysis
KEY DATA FINDINGS
Weight loss supplements driving market trends in 2024, while market suffers from counterfeit brands
Herbal/traditional products gain interest
Herbalife International of Israel (1990) Ltd holds on to top ranking
Market feels the squeeze with rising prices and an expected rise in VAT.
Weight loss supplements expected to be the major product over the forecast period
Ozempic banned as weight loss product in 2024.
Consumer Health in Israel - 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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