Meal replacement, which is the largest category within weight management and wellbeing, is expected to see negative retail volume and current value CAGRs over the forecast period. This expectation comes from a change in consumer behaviour when it comes to weight management, as well as the multitude of alternatives available for consumers.
Obesity and being overweight are major health risks, and conditions from which many Australians currently suffer. A combination of poor diet and lack of exercise has resulted in the proportion of overweight Australians increasing over time, and this is expected to continue unless there are significant changes in consumer behaviour.
With the average age of Australians increasing every year, how people consume products will gradually change. One area in which older people may struggle is ensuring they have a nutritional and complete diet; this can be a challenge, given the smaller appetite with age.
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Understand the latest market trends and future growth opportunities for the Weight Management and Wellbeing industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Weight Management and Wellbeing industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Weight Management and Wellbeing
Weight management and well being is the aggregation of meal replacement, weight loss supplements, OTC obesity, and slimming teas. Exclude meal plans such as Weight Watchers, Jenny Craig, Nutrisystem, or Slimming World among others similar options.
See All of Our DefinitionsThis report originates from Passport, our Weight Management and Wellbeing research and analysis database.
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