MARKET OUTLOOK
After a detailed analysis, Triton Market Research has concluded that Japan’s weight loss diet and weight management market is expected to display an upward trend and is estimated to grow at a CAGR of 1.02% in terms of revenue over the forecast period 2019-2025.
The increasing number of people being affected by obesity, unhealthy diets, changing lifestyles, innovative products and the increase in the elderly population are the factors driving the growth of the weight loss diet and weight management market in Japan. The Japanese weight loss diet and weight management market has huge growth potential. However, people are now becoming increasingly aware of the ill effects of weight loss products, which has made them shift to traditional modes for weight reduction. This factor acts as a major restraint for market growth. The market is segmented on the basis of diet.
COMPETITIVE OUTLOOK
The companies contending in the weight loss diet and weight management market are Oak Lawn Marketing, Inc., DHC Corp., FANCL Corp., Meiji Co., Ltd. and Sunny Health Co., Ltd.