The rate of growth in retail constant value sales of weight management will gradually slow over the course of the forecast period, with maturing demand playing a significant role in this. While the country’s obesity rate is set to continue to rise due to such factors as urbanisation leading to more sedentary lifestyles and increased consumption of packaged food, a growing number of local consumers are set to favour a more natural approach to weight loss, by exercising more or eating healthier meals, for examples.
E-commerce will continue to grow in popularity as a distribution channel for weight management and wellbeing, as companies continue to work with the likes of Tiki, Lazada and Shopee.vn.
Direct sellers like Herbalife, Nuskin, Amway and New Image Vietnam are set to continue to grow in importance in weigh management and wellbeing during the forecast period. Herbalife has a strong sales force across all 63 provinces and municipalities of Vietnam, helping it to gain the trust of local consumers.
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Understand the latest market trends and future growth opportunities for the Slimming Products 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 Slimming Products 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.
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 Definitions
This report originates from Passport, our Slimming Products research and analysis database.
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