Product Code: CHVNww
Weight management and wellbeing experienced strong value and volume growth in 2019, mainly due to the rise of obesity and to higher concern among Vietnamese consumers about their physical appearance brought about by real and imagined peer pressure stemming from engaging in social media. The rise in obesity can be attributed to Vietnamese consumers' penchant for fast food and a general lack of exercise, often due to increasingly busy and stressful lifestyles.
Euromonitor International's ‘Weight Management and Wellbeing in Vietnam report’ offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2014-2018, allowing you to identify the sectors driving growth. Forecasts to 2023 illustrate how the market is set to change.
Product coverage: Meal Replacement, OTC Obesity, Slimming Teas, Supplement Nutrition Drinks, Weight Loss Supplements.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Weight Management and Wellbeing market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market's major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
Headlines
Prospects
- Rising Obesity Levels and Higher Concern With Physical Appearance Drive Increased Demand for Weight Management and Wellbeing Products
- Consumers Wary of Side Effects of Some Weight Management Products But Choose Not To Improve Their Diet and Exercise Opt for Meal Replacement Products Instead
- Supplement Nutrition Drinks Are Increasingly Popular With Aging Population
Competitive Landscape
- Dominant in Supplement Nutrition Drinks, Abbott Vietnam Maintains the Lead in Weight Management and Wellbeing Overall
- Herbalife's Meal Replacement Brand Herbalife Nutrition Sees the Fastest Growth
- Having Less Financial Resources and Narrow Distribution, Local Brands Continue To Struggle in This Category
Category Data
- Table 1 Sales of Weight Management and Wellbeing by Category: Value 2014-2019
- Table 2 Sales of Weight Management and Wellbeing by Category: % Value Growth 2014-2019
- Table 3 NBO Company Shares of Weight Management and Wellbeing: % Value 2015-2019
- Table 4 LBN Brand Shares of Weight Management and Wellbeing: % Value 2016-2019
- Table 5 Forecast Sales of Weight Management and Wellbeing by Category: Value 2019-2024
- Table 6 Forecast Sales of Weight Management and Wellbeing by Category: % Value Growth 2019-2024
Executive Summary
- Strong Economy and Stronger Demand Boost Value Growth of Consumer Healthcare in Vietnam by Higher Double Digits in 2019
- Newly Adopted Government Regulations, Restrictions and Inspections Disrupts the Stability of Dietary Supplements
- Domestic Players Stand Out Among the Many Leading International Players Due To Their Command of Herbal/traditional Products, the Largest Healthcare Category
- in Thriving Economy With Widening Distribution, All Channels Perform Well, With Direct Selling and Internet Retailing Largely Generating the Highest Growth
- Driven by Recurring and Ongoing Factors, Consumer Healthcare Is Set To Post Higher Value Growth Over the Forecast Period
Market Indicators
- Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2014-2019
- Table 8 Life Expectancy at Birth 2014-2019
Market Data
- Table 9 Sales of Consumer Health by Category: Value 2014-2019
- Table 10 Sales of Consumer Health by Category: % Value Growth 2014-2019
- Table 11 NBO Company Shares of Consumer Health: % Value 2015-2019
- Table 12 LBN Brand Shares of Consumer Health: % Value 2016-2019
- Table 13 Distribution of Consumer Health by Format: % Value 2014-2019
- Table 14 Distribution of Consumer Health by Format and Category: % Value 2019
- Table 15 Forecast Sales of Consumer Health by Category: Value 2019-2024
- Table 16 Forecast Sales of Consumer Health by Category: % Value Growth 2019-2024
Appendix
- OTC Registration and Classification
- Vitamins and Dietary Supplements Registration and Classification
- Self-medication/self-care and Preventive Medicine
Definitions
Sources
- Summary 1 Research Sources
