Country Report

Weight Management in

Weight Management and Wellbeing in Guatemala

Nov 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Increased home-cooking leads to sharp decline in 2020

After maintaining growth throughout the review period, weight management and wellbeing is expected to see declining current value sales for the first time in 2020 overall. Due to lockdown restrictions that began being implemented in March and throughout the rest of the year, many Guatemalans have been spending more time at home and thus preparing home-cooked meals.

Lack of trust amongst players proves beneficial for first ranked Herbalife Nutrition Ltd

It is difficult for consumers to trust weight loss supplements and many Guatemalans have become tired of products that lack effectiveness. As a result, it is hard for new players to build trust and consumer loyalty.

Direct selling adapts its strategies in order to maintain shares during lockdown

Direct selling companies, led by Herbalife, will continue accounting for the majority of retail value sales of weight management and wellbeing in 2020. Herbalife and other direct selling companies have strong sales forces, which reach a wide consumer base in urban and rural areas.

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Weight Management Market Sample Report Weight Management Market Sample Data

Overview

Why 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.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Weight Management industry in Guatemala 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 Guatemala, our research will save you time and money while empowering you to make informed, profitable decisions.

The Weight Management in Guatemala market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Weight Management in Guatemala?
What are the major brands in Guatemala?
What is the market size of Weight Management in Guatemala?
What are the major brands in Guatemala?
Do consumers prefer appetite suppressants, blockers, burners, or craving suppressants?
Are slimming teas popular in Guatemala?

Why 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 industry report originates from Passport, our Consumer Health market research database.

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Weight Management and Wellbeing in Guatemala - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Increased home-cooking leads to sharp decline in 2020

Lack of trust amongst players proves beneficial for first ranked Herbalife Nutrition Ltd

Direct selling adapts its strategies in order to maintain shares during lockdown

RECOVERY AND OPPORTUNITIES

Post lockdown weight loss plans will kickstart the recovery process

Meal replacements positioned as wellbeing items rather than weight loss goods

Slimming teas will remain small despite consistent growth

CATEGORY DATA

Table 1 Sales of Weight Management and Wellbeing by Category: Value 2015-2020
Table 2 Sales of Weight Management and Wellbeing by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Weight Management and Wellbeing: % Value 2016-2020
Table 4 LBN Brand Shares of Weight Management and Wellbeing: % Value 2017-2020
Table 5 Forecast Sales of Weight Management and Wellbeing by Category: Value 2020-2025
Table 6 Forecast Sales of Weight Management and Wellbeing by Category: % Value Growth 2020-2025

Consumer Health in Guatemala - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer health

COVID-19 country impact

Company response

Retailing shift

What next for consumer health?

MARKET INDICATORS

Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2015-2020
Table 8 Life Expectancy at Birth 2015-2020

MARKET DATA

Table 9 Sales of Consumer Health by Category: Value 2015-2020
Table 10 Sales of Consumer Health by Category: % Value Growth 2015-2020
Table 11 NBO Company Shares of Consumer Health: % Value 2016-2020
Table 12 LBN Brand Shares of Consumer Health: % Value 2017-2020
Table 13 Distribution of Consumer Health by Format: % Value 2015-2020
Table 14 Distribution of Consumer Health by Format and Category: % Value 2020
Table 15 Forecast Sales of Consumer Health by Category: Value 2020-2025
Table 16 Forecast Sales of Consumer Health by Category: % Value Growth 2020-2025

Megatrends

Country Report

Weight Management and Wellbeing in Guatemala

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Increased home-cooking leads to sharp decline in 2020

Lack of trust amongst players proves beneficial for first ranked Herbalife Nutrition Ltd

Direct selling adapts its strategies in order to maintain shares during lockdown

Samples

Overview

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Table of Contents

Weight Management and Wellbeing in Guatemala - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Increased home-cooking leads to sharp decline in 2020

Lack of trust amongst players proves beneficial for first ranked Herbalife Nutrition Ltd

Direct selling adapts its strategies in order to maintain shares during lockdown

RECOVERY AND OPPORTUNITIES

Post lockdown weight loss plans will kickstart the recovery process

Meal replacements positioned as wellbeing items rather than weight loss goods

Slimming teas will remain small despite consistent growth

CATEGORY DATA

Consumer Health in Guatemala - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer health

COVID-19 country impact

Company response

Retailing shift

What next for consumer health?

MARKET INDICATORS

MARKET DATA

APPENDIX

OTC registration and classification

Vitamins and dietary supplements registration and classification

Self-medication/self-care and preventive medicine

Switches

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

DEFINITIONS

SOURCES

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