The growing popularity in weight management contributed to shifts in consumer purchasing behaviour over the review period (2010–2015). Weight management products purchased through direct selling saw an 11% current value growth rate over this period and grew in value share from 24% in 2010 to 27% share in 2015. Sales through supermarkets and hypermarkets also grew over this period from accounting for 19% current value share in 2010 to capturing 21% in 2020, achieving a 9% current value CAGR. This trend continued in 2015. Both Herbalife Dominicana SA and Amway Dominican Republic LLC grew at more than 8% in current value during 2015, pacing growth in weight management.
Competitive Landscape
Herbalife remained the leading weight management brand during 2015, capturing 15% of current value share. This is especially impressive given the narrow distribution channel for the brand. The brand is available only through its authorized direct sellers.
Full Report Details at
- http://www.fastmr.com/prod/1082544_weight_management_dominican.aspx?afid=301
Industry Prospects
The perceived high prices for weight management products and the fact that weight management continues to be dominated by international brands is expected to stabilise growth over the forecast period. Consumer awareness continues to grow, but the target consumer audience is narrow. Increased innovation in formulations or packaging, along with the introduction of private label or generics, could provide a boost to weight management growth.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Weight Management industry in Dominican 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 Dominican Republic, our research will save you time and money while empowering you to make informed, profitable decisions.
The Weight Management in Dominican 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
Our market research reports answer questions such as:
* What is the market size of Weight Management in Dominican Republic?
* What are the major brands in Dominican Republic?
* What is the market size of Weight Management in Dominican Republic?
* What are the major brands in Dominican Republic?
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:
- Consumer Health in Dominican Republic
- Weight Management in the Czech Republic
- Canadian Weight Loss and weight Loss Management - Forecasts to 2019
- Weight Management in Thailand
- Consumer Health in the Czech Republic
"Weight Management in Dominican Republic" is now available at Fast Market Research
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