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the review period as more and more consumers were willing to spend money in an effort to improve their
appearance. With hectic work schedules, consumers are looking for easy and effective ways to manage
their weight and look presentable. Weight management products thus appeal to those who cannot or do
not want to engage in time-consuming activities to lose weight.
the share of the overweight population rose from 15% in 2009 to 18% in 2014. Indias obese
population also increased from 1.6% of population aged 15+ in 2005 to 2.9% in 2015.
Increasing numbers of overweight or obese population, for instance, enhance the risks of heart
disease, high blood pressure, stroke and cancer. Obese population refers to those with a BMI of
30kg/Sq m or more. In India, consumer expenditure on health goods and medical services
expanded by 32.1% in real terms during the 2010-2015 period, faster than the overall real
increase of 30.2% in total consumer expenditure. These consumers prefer to have a balanced
diet and tend to avoid weight management pills due to concerns about side-effects.
New technology has enabled health enthusiasts to incorporate internet tracking tools and
smartphone applications in their weight loss regimes. The most popular apps include pedometers and
those which help consumers to record their calorie intake. However, this technology has yet to reach
mass consumers in the country.
Weight management is expected to post a value CAGR of 12% at constant 2015 prices over the
forecast period. This will be driven by the increasingly sedentary lifestyles of consumers, especially in
products are aimed at individuals with eating disorders, rather than consumers who are interested in
procedures, has made the operation much less dangerous, and therefore a much more viable option for
consumers seeking to lose weight.
http://indiatoday.intoday.in/story/obesity-india-weighs-third-on-obesity-scale/1/365876.html
Source: Euromonitor
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weight management products are positioned as less effective than diet and exercise.
Consumer segmentation
(a)
(b)
(c)
(d)
(e)
(f)
Background: