Since weight management is not considered an essential item, lower consumer confidence caused by economic uncertainty and higher inflation, alongside a devalued currency, will certainly impact the category in the short term. Demand is anticipated to weaken slightly whilst brands may continue to offer discounts to keep customers interested and compete against lower priced private labels, which will inevitably gain ground.
Parents and carers who see their children are not consuming enough calories use supplement nutrition drinks as a way to ensure their children are getting the calories and nutrition they need. This trend highlights an opportunity for more brands to target children specifically adapting packaging and flavours accordingly to suit the needs of children.
Meal replacement products are still considered a niche in Costa Rica, due to their high price point and also low appeal. Whilst they provide a ready-made weight loss option that limits calorie intake, consumers get bored of ingesting the same product every day.
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Understand the latest market trends and future growth opportunities for the Slimming Products industry in Costa Rica 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 Slimming Products industry in Costa Rica, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Slimming Products
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 DefinitionsThis report originates from Passport, our Slimming Products research and analysis database.
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