MARKET OUTLOOK
Triton Market Research has estimated the Russia weight loss diet and weight management market to show an upward trend in terms of revenue and grow with a CAGR of 3.16% in the forecasting years between 2019 and 2025.
The weight loss diet and weight management market is mainly driven by the Internet and the promotional activities carried out by various market players. Investments are being made by several national as well as international companies to educate the consumers about the objective and advantages of weight loss and weight management by conducting seminars and product presentations. The internet plays a major part in the growth of the weight loss diet and weight management market as it helps boosting product sales and also provides a platform for companies to attract more customers. Despite all these factors, the growth of this market is curtailed by the unstable economy of the country.
COMPETITIVE OUTLOOK
Few of the prime players in the weight loss diet and weight management market are Oriflame Cosmetics, Leovit Nutrio, Evalar, Natur Products and Herbalife International.