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Weight Management and Wellbeing in Singapore

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    Report

  • 23 Pages
  • January 2025
  • Region: Singapore
  • Euromonitor International
  • ID: 4015339
The weight management and wellbeing market in Singapore experienced a decline in current value sales for the second consecutive year in 2024, primarily due to the underperformance of weight loss supplements. This downturn is attributed to several factors, including increased regulatory scrutiny and consumer caution following the discovery of toxic substances in certain weight loss products.

The Weight Management and Wellbeing in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2020-2024, allowing you to identify the sectors driving growth. Forecasts to 2029 illustrate how the market is set to change.

Product coverage: Meal Replacement, OTC Obesity, Slimming Teas, Supplement Nutrition Drinks, Weight Loss Supplements.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Weight Management and Wellbeing market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Decline in demand for weight loss supplement amid regulatory actions
  • Shift towards holistic health in marketing practices
  • Direct selling dominates weight management and wellbeing in Singapore, as potential health risks associated with online purchases affect consumer confidence
PROSPECTS AND OPPORTUNITIES
  • Development and availability of GLP-1 products could have adverse effect on weight management and wellbeing market
  • Shift towards holistic approach to weight management
  • Domestic e-commerce growth will continue, while cross-border sales will challenge licenced distributors
CATEGORY DATA
  • Table 1 Sales of Weight Management and Wellbeing by Category: Value 2019-2024
  • Table 2 Sales of Weight Management and Wellbeing by Category: % Value Growth 2019-2024
  • Table 3 NBO Company Shares of Weight Management and Wellbeing: % Value 2020-2024
  • Table 4 LBN Brand Shares of Weight Management and Wellbeing: % Value 2021-2024
  • Table 5 Forecast Sales of Weight Management and Wellbeing by Category: Value 2024-2029
  • Table 6 Forecast Sales of Weight Management and Wellbeing by Category: % Value Growth 2024-2029
CONSUMER HEALTH IN SINGAPORE
EXECUTIVE SUMMARY
  • Consumer health in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer health?
MARKET INDICATORS
  • Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2019-2024
  • Table 8 Life Expectancy at Birth 2019-2024
MARKET DATA
  • Table 9 Sales of Consumer Health by Category: Value 2019-2024
  • Table 10 Sales of Consumer Health by Category: % Value Growth 2019-2024
  • Table 11 NBO Company Shares of Consumer Health: % Value 2020-2024
  • Table 12 LBN Brand Shares of Consumer Health: % Value 2021-2024
  • Table 13 Penetration of Private Label in Consumer Health by Category: % Value 2019-2024
  • Table 14 Distribution of Consumer Health by Format: % Value 2019-2024
  • Table 15 Distribution of Consumer Health by Format and Category: % Value 2024
  • Table 16 Forecast Sales of Consumer Health by Category: Value 2024-2029
  • Table 17 Forecast Sales of Consumer Health by Category: % Value Growth 2024-2029
APPENDIX
  • OTC registration and classification
  • Vitamins and dietary supplements registration and classification
  • Self-medication/self-care and preventive medicine
  • Switches
DISCLAIMERDEFINITIONS
SOURCES
  • Summary 1 Research Sources