PROSPECTS AND OPPORTUNITIES
Healthy performance expected in the forecast period
There is strong potential for expansion in weight management and wellbeing in Vietnam, with a high single-digit retail current value CAGR anticipated in the forecast period. This is primarily due to the increasing popularity of meal replacement and supplement nutrition drinks.
Weight loss supplements expected to record the fastest growth
Over the forecast period, weight loss supplements is projected to record the most dynamic retail current value growth, reflecting the increasing health and wellness trend in Vietnam. Weight loss supplements help people lose weight and stay healthy.
Retail e-commerce set to gain popularity
Over the forecast period, international direct selling companies such as Herbalife Vietnam, Amway Vietnam, and Nu Skin Vietnam are projected to achieve strong performances in weight management and wellbeing, due to their robust brand reputation and extensive network of distributors. Simultaneously, retail e-commerce is also expected to play a larger role in distribution in Vietnam.
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Overview:
Understand the latest market trends and future growth opportunities for the Weight Management and Wellbeing industry in Vietnam 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 Vietnam, 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 Vietnam 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 Vietnam?
- Which are the leading brands in Weight Management and Wellbeing in Vietnam?
- How are products distributed in Weight Management and Wellbeing in Vietnam?
- How has the regulatory and operating environment for Weight Management and Wellbeing changed in Vietnam?
- 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 Vietnam - Category analysis
KEY DATA FINDINGS
Healthy performance for weight management and wellbeing
The rising obesity rate in Vietnam creates a good opportunity for development
Slimming teas records dynamic growth, but supplement nutrition drinks dominates
Healthy performance expected in the forecast period
Weight loss supplements expected to record the fastest growth
Retail e-commerce set to gain popularity
Consumer Health in Vietnam - 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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