"Weight Management in the Philippines" Published

More sedentary lifestyles, worsened by the increasing consumption of processed food and the popularity of indulgent and unhealthy options in consumer foodservice, continued to increase the number of overweight and obese people amongst the local population. The increasing number of overweight and obese people as a proportion of the total population is steadily making weight management products popular amongst middle-income and more affluent consumers. Many Filipino consumers are willing to try out new means and new products in order to lose weight. Aside from the goal of having a slim physique, Filipinos are trying to avoid the diseases and illnesses that are associated with being overweight or obese.

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Competitive Landscape

Weight management is highly fragmented, and is comprised of small brands, which account for a combined 66% share of value sales. Direct seller Herbalife International Philippines was the leader in weight management with a share of 13% in 2014. This strong position is attributable to its dominance in meal replacement slimming, in which it accounted for an 83% share of value sales. Roche (Phils), which led OTC obesity in 2014, ranked second with a 9% value share in weight management in 2014.

Industry Prospects

With the projected rise in the overweight and obese populations in the Philippines, weight management faces bright prospects. It is expected that Filipinos will increasingly turn to products which can aid in maintaining their ideal weight in order to ward off the health problems associated with being overweight. Meanwhile, sales of weight management products amongst young adults will primarily be to ensure they are fit and attractive. The value CAGR for weight management is expected to be 3% at constant 2014 prices in the forecast period.

Report Overview

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

The Weight Management in Philippines 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

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