PROSPECTS AND OPPORTUNITIES
Slimming teas and meal replacement products will benefit from their compatibility with busy, on-the-go lifestyles
The market for weight management and wellbeing products in Slovakia is poised for further expansion over the forecast period. Slimming teas is expected to see the fastest retail volume and value (constant 2024 prices) growth, driven by relatively low unit prices and an expanding product offer.
Tax on sweetened beverages due to come into effect from 1st January 2025
The Slovak Ministry of Finance has proposed a new tax on soft drinks containing added sugar or artificial sweeteners, with varying rates based on the type of beverage. For instance, flavoured sweetened beverages would incur a tax of EUR0.
E-commerce is set to grow further, capitalising on convenience and price advantages
Direct sellers, and pharmacies are expected to remain the primary distribution channels for weight management and wellness products in Slovakia. However, e-commerce is poised to capture an increasing share of this market, as Slovak consumers become more accustomed to the convenience and extensive variety of weight management products available online.
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Overview:
Understand the latest market trends and future growth opportunities for the Weight Management and Wellbeing industry in Slovakia 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 Slovakia, 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 Slovakia 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 Slovakia?
- Which are the leading brands in Weight Management and Wellbeing in Slovakia?
- How are products distributed in Weight Management and Wellbeing in Slovakia?
- How has the regulatory and operating environment for Weight Management and Wellbeing changed in Slovakia?
- 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 Slovakia - Category analysis
KEY DATA FINDINGS
Slimming teas and meal replacement products are key drivers of growth
Meal replacement products see slowdown in growth
Natural ingredients are key attraction for consumers
Slimming teas and meal replacement products will benefit from their compatibility with busy, on-the-go lifestyles
Tax on sweetened beverages due to come into effect from 1st January 2025
E-commerce is set to grow further, capitalising on convenience and price advantages
Consumer Health in Slovakia - 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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