Triton's report on the market for weight loss diet and weight management in Mexico states that it is expected to grow with a CAGR of 0.10% in the forecast period 2019-2025.
Mexico reports a growth in obesity rates, and ranks among the highest in the world, with 7 out of 10 adults suffering from overweight. The reasons for this trend are to be found in high consumption of foods rich in fats and drinks with high sugar content, a diet increasingly influenced by the US’ fast and super-sized food culture and an increasingly sedentary lifestyle, mainly due to long working hours and long commuting times. As a result, the initiatives are spurring a growing interest in weight management, albeit with the limitations faced by manufacturers to launch new products and ingredients. An increasing number of people in Mexico are seeking advice from nutritional experts, who advise individuals – and sometimes the entire family – about nutrition and provide diet plans including a balanced combination of food and nutrients, favoring fresh over packaged food.
In Mexico, the use of internet-tracking tools and smartphone applications continues to grow amongst consumers wanting to lose weight. Most of these tools record the total calories ingested during the day and keep track of how much a person has exercised, including all the calories lost during that exercise. These trends will drive the market for the Mexico weight loss diet and weight management market. However, the potential threats to growth over the forecast period include economic growth below expectations, increasing inflation which may erode the consumers’ purchasing power and a further deterioration of the exchange rate of the Mexican peso towards the US dollar, which would increasingly impact the end prices for consumers.
The report by Triton on Mexico’s weight loss diet and weight management market provides an in-depth insight and segmentation analysis of the market. The detailed analysis of the market includes: the PESTEL analysis and value chain analysis; whereas, the segmentation analysis of the Mexican weight loss diet and weight management market includes: the market on the basis of diet.
The noteworthy companies in the weight loss diet and weight management market are Abbott Laboratorios, Genomma Lab, USANA, Omnilife S.A. and Herbalife Internacional.
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1. MEXICO WEIGHT LOSS DIET AND WEIGHT MANAGEMENT MARKET - SUMMARY
1.1. MARKET SIZE & FORECASTS
1.2. MARKET DRIVING ASPECTS
1.3. MARKET RESTRAINING ASPECTS
1.4. KEY PLAYERS
2. MEXICO WEIGHT LOSS DIET AND WEIGHT MANAGEMENT INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. MARKET SHARE ANALYSIS
2.3. BRAND SHARE ANALYSIS
2.4. PESTEL ANALYSIS
2.5. VALUE CHAIN ANALYSIS
3. MEXICO WEIGHT LOSS DIET AND WEIGHT MANAGEMENT MARKET - SEGMENTATION
3.1. BY DIET
4. COMPETITIVE LANDSCAPE
4.1. HERBALIFE INTERNACIONAL
4.2. GENOMMA LAB
4.3. ABBOTT LABORATORIOS
4.4. OMNILIFE S.A.
5. RESEARCH METHODOLOGY & SCOPE
5.1. RESEARCH SCOPE & DELIVERABLES
5.2. SOURCES OF DATA
5.3. RESEARCH METHODOLOGY
TABLE 1: MEXICO WEIGHT LOSS DIET AND WEIGHT MANAGEMENT MARKET, 2019-2025 (IN $ MILLION)
TABLE 2: MARKET SHARE ANALYSIS, 2016 & 2017 (IN %)
TABLE 3: BRAND SHARE ANALYSIS, 2016 & 2017 (IN %)
TABLE 4: MEXICO - COUNTRY SNAPSHOT
TABLE 5: MEXICO WEIGHT LOSS DIET AND WEIGHT MANAGEMENT MARKET, BY DIET, 2019-2025 (IN $ MILLION)
FIGURE 1: MEXICO WEIGHT LOSS DIET AND WEIGHT MANAGEMENT MARKET, 2019-2025 (IN $ MILLION)
FIGURE 2: MARKET SHARE ANALYSIS, 2016 & 2017 (IN %)
FIGURE 3: BRAND SHARE ANALYSIS, 2016 & 2017 (IN %)
FIGURE 4: VALUE CHAIN ANALYSIS