New Market Research Report: Weight Management in the Czech Republic

From: Fast Market Research, Inc.
Published: Fri Dec 18 2015

Weight management registered a recovery in 2015 as the category returned to growth in the year. Although current value sales growth was rather marginal at 1% in 2015 this represented a significant improvement on the review period average, when weight management recorded an average value sales decline of 1% per year. This improvement was attributable mainly to the growing spending of Czechs due to the better economic situation and consumer mood. Although the Czech economy exited the recession in 2014, the willingness of Czechs to spend money returned only gradually, especially in terms of non-essential and expensive products such as weight management.

Competitive Landscape

Herbalife Czech Republic continued to lead sales of weight management, accounting for 30% value share in 2015. As the company focused on weight management and has a longstanding presence in the Czech Republic, it led sales of the most developed products, namely meal replacement slimming and weight loss supplements at the end of the review period. Nevertheless, Herbalife Czech Republic continued to lose ground in favour of other producers and brands and registered a further marginal decrease in its value share in 2015.

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Industry Prospects

Weight management will see significantly better development over the forecast period compared to the review period. Growing demand due to the persistent high number of overweight and obese people will drive sales over the forecast period. In addition, rising disposable incomes and higher willingness of Czechs to spend money will support positive development of weight management towards 2020. It is predicted that weight management will record value growth of 6% at constant 2015 prices over the forecast period.

Report Overview

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

The Weight Management in Czech Republic 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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