Weight management recorded sales of GTQ11.5 million in 2015 after value growth of 13%. New product launches from leading companies, such as GNC, responded to diet trends witnessed in the country. In 2015 GNC launched GNC Lean Shake and GNC Lean Shake Burn, which are meal replacement/slimming shakes. Drink-based diets became popular in Guatemala, substituting meals with fruit and vegetable smoothies, and these products were aligned with this growing trend.
Competitive Landscape
Herbalife was the leading company in weight management, with a retail value share of 76% in 2015. The company’s large sales force of direct sellers allowed it to reach a wide consumer base throughout the country.
Industry Prospects
Weight management is expected to record a value CAGR of 7% at constant 2015 prices over the forecast period to reach GTQ16 million by 2020. Fashion trends which dictate that being slim is considered more attractive are expected to continue to drive sales in this category, especially among middle- to upper-income consumers who can afford and are willing to use these products.
Full Report Details at
- http://www.fastmr.com/prod/1082551_weight_management_guatemala.aspx?afid=301
Report 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?
Reasons to Get 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
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
You may also be interested in these related reports:
- Canadian Weight Loss and weight Loss Management - Forecasts to 2019
- Weight Management in Thailand
- Weight Management in Algeria
- Weight Management in South Korea
- Weight Management in the United Arab Emirates
Weight Management in Guatemala - New Report Available
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001