PROSPECTS AND OPPORTUNITIES
Multilevel companies move away from promoting weight management goods
Multilevel companies have seen their sales negatively impacted in recent years; the result of consumption and habit changes by Peruvians following COVID-19. In addition to changing health habits, restrictions on movement during the pandemic led to a shift in purchasing habits, with many migrating to pharmacies and e-commerce.
Consumers increasingly seek Rx options for weight loss solutions
Growth awareness of prescription options for the treatment of obesity and high insulin levels is set to impact sales across the forecast period. There has been a significant increase in the use of products such as Metformin, prescribed for the treatment of type 2 diabetes, which, in addition to regulating blood glucose levels, also reduces appetite to support weight loss.
Weight management and wellbeing products are highly dependent on promotions and offers
Weight management and wellbeing products face strong competition from other consumer health categories, as well as from healthy lifestyles themselves. Added to this, any element of price sensitivity in the category is likely to deter sales, considering consumers can seek the gains elsewhere – often for lower prices.
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Overview:
Understand the latest market trends and future growth opportunities for the Weight Management and Wellbeing industry in Peru 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 Peru, 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 Peru 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 Peru?
- Which are the leading brands in Weight Management and Wellbeing in Peru?
- How are products distributed in Weight Management and Wellbeing in Peru?
- How has the regulatory and operating environment for Weight Management and Wellbeing changed in Peru?
- 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 Peru - Category analysis
KEY DATA FINDINGS
Sales of supplement nutrition drinks struggle following the outbreak of COVID-19
Weight loss supplements see declining interest as consumer habits change
Diabetes and obesity are serious problems for consumers health and wellbeing
Multilevel companies move away from promoting weight management goods
Consumers increasingly seek Rx options for weight loss solutions
Weight management and wellbeing products are highly dependent on promotions and offers
Consumer Health in Peru - 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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