Consumer health value sales will continue to grow in 2020, despite the negative economic impact of COVID-19 on the economy. Lower purchasing power among middle-income consumers and the rising cost of healthcare in Argentina have fuelled a shift towards self-medication in recent years, thus encouraging preventive healthcare. Following this...
The outbreak and development of Coronavirus (COVID-19) from early March 2020 halted the economic improvement in the country. Lockdown and other restrictions on business, education and cultural institutions and the population in general fed into rising unemployment, wage cuts and reduced disposable incomes as the government tried to contain...
Workplace Wellness Market by Type (Weight Management & Fitness Services, Nutrition & Dietary Plan, Stress Management Services, Health Screening & Assessment, and Smoking Cessation) and End User (Large-Size Organizations, Mid-Size Organizations, Small-Size Organizations, Public Sector, and NGOs): Global Opportunity Analysis and Industry...
Consumer health in the UK was positively impacted by the emergence of COVID-19 in Q2 2020 due to notable stockpiling behaviour, a focus on preventive health and consumers adjusting to the new normal. The pandemic and the subsequent lockdown measures introduced by the government in an attempt to halt the spread of the virus resulted in a shift...
Weight management and wellbeing witnessed a slump in sales in 2020 with COVID-19 taking a heavy toll. Concerns over the spread of COVID-19, its impact on the economy, and the added stress and anxiety created by home seclusion all had an impact, with many consumers less focused on working out and following weight loss plans. Weight Management...
Weight management and wellbeing was already recording a sharp decline in growth prior to the outbreak of COVID-19, with a decline of 8% recorded in 2019. However, growth is set to decline further in 2020, with a projected 12% decline for the year. COVID-19 press conferences given in the country contained advice from authorities, that the public...
The global health food market is expected to reach US$557.6 billion in 2024, increasing at a CAGR of 7.15%, for the duration spanning 2020-2024. The factors such as increasing sales of organic food, rising consumption of vegetable oils, growth in geriatric population, rising problem of undernourishment, rapid urbanization and increasing consumers’...
During COVID-19 lockdown, as consumers have had to spend more time at home due to restricted movement and increased working from home, consumers have been more likely to gain weight. Consumers’ lack of mobility is exacerbated by the closure of fitness centres and gym facilities which means that people have not been able to continue with their...
While the major changes in lifestyle seen in 2020 presented a potentially attractive scenario for sales of weight management and wellbeing, the reality was declining sales for the category over the course of the year as Saudi consumers in general prefer to focus their consumer health spending on products that respond more directly to the COVID-19...
To help control the spread of COVID-19 consumers have spent much more time at home during 2020, with many leaving their homes less frequently and leading increasingly sedentary lifestyles. This is having a noticeable impact on the health of the nation, with many consumers having put on weight due to home seclusion. Looking for a quick and...