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Learn moreNov 2020
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Not being considered as a priority during the COVID-19 pandemic, demand for weight management products demand remained less dynamic after March 2020, where expending interests shifted towards more essential products such as vitamins and dietary supplements. In fact, weigh management and wellbeing is expected to see stagnant growth in 2020, mostly due to the declining growth rates anticipated for meal replacement as well as slimming teas.
Towards the end of the review period, much of the growth of meal replacement and nutrition drinks was attributed to the lifestyle trends of modern fast-paced lives that often prevent nutritional meal preparation at home. However, in 2020, since more consumers are staying home due to lockdown restrictions, and in turn eating healthier foods, RTD proposals suffered from lowered consumption occasions.
While direct player Herbalife International Costa Rica was able to maintain its strong leading position in 2020, it recorded a decline in current retail value sales for the year due to the overall lowered demand for weight management and wellbeing proposals. In fact, most traditional meal replacement proposals, slimming teas and top-of-mind brands, such as Herbalife Nutrition, Ensure, Delga-C and Sustagen, were affected by the economic uncertainty lived in Costa Rica during 2020, resulting in more modest growth rates when compared to 2019.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Weight Management industry in Costa Rica with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Weight Management industry in Costa Rica, our research will save you time and money while empowering you to make informed, profitable decisions.
The Weight Management in Costa Rica market research report includes:
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This industry report originates from Passport, our Consumer Health market research database.
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.