Country Report

Weight Management in

Weight Management and Wellbeing in Vietnam

Nov 2020

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Executive Summary

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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

Rising awareness of health and image maintains high growth despite COVID-19

In the review period, there was an increasing awareness of fitness and body image amongst Vietnamese consumers, especially amongst the younger generation living in big cities such as Hanoi and Ho Chi Minh City, due to peer pressure stemming from engaging in social media. This was an outcome of various actions carried out by the government.

Meal replacement sees a slowdown whilst supplement nutrition drinks holds steady

Within weight management and wellbeing, meal replacement is expected to see the fastest growth rate in both current value and volume terms in 2020. Although the unit price of meal replacement products is considered to be high compared with the average income in Vietnam, more people are proving willing to spend on these goods as they are convenient and provide the right nutrition in each meal.

Herbalife Vietnam moves closer to the leader, Abbott Vietnam

In 2020, Abbott Vietnam is expected to maintain its lead in weight management and wellbeing in value terms, thanks to its dominant value share within supplement nutrition drinks. The key reasons for the success of the company are its strong brand reputation, dynamic marketing activity and wide distribution network across Vietnam.

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Weight Management Market Sample Report Weight Management Market Sample Data

Overview

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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 Vietnam 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 Vietnam, our research will save you time and money while empowering you to make informed, profitable decisions.

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

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 Vietnam - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Rising awareness of health and image maintains high growth despite COVID-19

Meal replacement sees a slowdown whilst supplement nutrition drinks holds steady

Herbalife Vietnam moves closer to the leader, Abbott Vietnam

RECOVERY AND OPPORTUNITIES

Despite a slowdown, dynamic growth is expected to continue

Overweight consumers look for the quickest solutions for weight loss

Supplement nutrition drinks set to rise due to the ageing population and new formats

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 Vietnam - 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 Vietnam

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Rising awareness of health and image maintains high growth despite COVID-19

Meal replacement sees a slowdown whilst supplement nutrition drinks holds steady

Herbalife Vietnam moves closer to the leader, Abbott Vietnam

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Overview

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Table of Contents

Weight Management and Wellbeing in Vietnam - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Rising awareness of health and image maintains high growth despite COVID-19

Meal replacement sees a slowdown whilst supplement nutrition drinks holds steady

Herbalife Vietnam moves closer to the leader, Abbott Vietnam

RECOVERY AND OPPORTUNITIES

Despite a slowdown, dynamic growth is expected to continue

Overweight consumers look for the quickest solutions for weight loss

Supplement nutrition drinks set to rise due to the ageing population and new formats

CATEGORY DATA

Consumer Health in Vietnam - 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

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