MARKET OUTLOOK
As per Triton's research report, the China weight loss diet and weight management market is anticipated to burgeon with a CAGR of 12.20% in the forecasting years of 2019-2025.
Due to the stress of modern life, lack of exercise and environmental pollution, many people have been faced with the problems of weight management, obesity and chronic diseases. Thus, a large number of individuals have started adopting a healthy lifestyle. In addition, the popularity of fitness also contributes to the increasing need for weight management, especially amongst young women, who are conscious about their appearance. Moreover, thanks to marketing promotion activities conducted by manufacturers, more consumers perceive weight management and well-being products as an effective way to keep healthy and prevent the illnesses caused by obesity. These factors have aided the growth of the weight loss diet and weight management market in China.
COMPETITIVE OUTLOOK
Some of the companies having their presence in the weight loss diet and weight management market are Abbott Nutrition International (China), Amway (China) Co., Ltd., Beijing Outsell Health Product Development Co., Ltd., Taier Pharmaceutical Co., Ltd. and Herbalife (China) Health Products, Ltd.