Given the high levels of obesity and diabetes in the population, many people are going to the doctor to receive a diagnosis of their health, which has caused patients to be diagnosed with pre-diabetes and high insulin levels. In turn, this has led to a rise in prescription medicines, such as Metformin (also known as Glucophage), which is a first-line medication for the treatment of type 2 diabetes, particularly in people who are overweight, in addition to be used to treat polycystic ovary syndrome.
Social media plays an increasing role in defining trends across many consumer health categories, and we can also see this in weight management and wellbeing, where trends are leaning towards more modern options and away from traditional formats. Furthermore, in a context whereby many young people value body diversity, an aspect which large companies and the media have supported, traditional weight management formats are looking increasingly old-fashioned.
Weight management and wellbeing products face strong competition from other consumer health categories, as well as from healthy lifestyles themselves. Added to which, any element of price-sensitivity in the category is likely to deter sales, considering consumers can seek the gains elsewhere – often for lower prices.
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Understand the latest market trends and future growth opportunities for the Weight Management and Wellbeing industry in Peru with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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