$5.3 Billion Weight-Loss Products Market Searches for Life After Low-Carb Marketers Concentrate on Low Fat, Low Sugar and Low Glycemic Index Offerings
February 06, 2006 (PRLEAP.COM) Business NewsNew York, February 6, 2006 — Struggling to find a revitalized identity after the bursting of the low-carb bubble caused the industry to grow by less than 1% in 2005, weight-loss product marketers are refocusing their energies on low fat, low sugar, and low glycemic index products to regain market momentum, according to The U.S. Market for Weight-Loss Products & Trends, a new report from market research publisher Packaged Facts, a division of MarketResearch.com, the leading provider of industry-specific market research reports.
Packaged Facts projects that the weight-loss products industry—once expected to reach $9 billion by 2008—won’t regain the go-go drive of the low-carb craze, which helped the market surge by 22.2% between 2002 and 2003. With sales in the next four years showing a compounded annual growth rate of 7%, Packaged Facts anticipates the market will reach $7.5 billion by 2010, bolstered by strong growth in the weight-loss desserts and diet candy sectors.
“We’re seeing a huge shift in marketing tactics and consumer preferences across the board as there is a sense that fad diets may have gone too far,” said Don Montuori, the publisher of Packaged Facts. “People still want to lose weight, but they’ve lost their taste for extreme diets. They want to eat sensibly with a little indulgence; hence there’s a shift in market share from frozen dinners and entrees, food bars, and meal replacement liquids and powders losing ground to more enticing desserts and candies, which are being reformulated to meet the demands of the low/no sugar, low fat, low glycemic dietary preferences of today’s weight-conscious consumers.”
The U.S. Market for Weight-Loss Products & Trends examines eating and food product trends including health, nutrition, and dieting; obesity, food consumption, and weight-loss among adults and children; popular diets; food ingredients/engineering; retail and marketing; and federal weight-loss/nutrition regulations and guidelines. Priced at $3,000, this report can be purchased directly from Packaged Facts by clicking: http://www.packagedfacts.com/pub/1097899.html. It is also available at MarketResearch.com.
About Packaged Facts
Packaged Facts, a division of MarketResearch.com, publishes research reports on a wide range of consumer industries, including consumer goods, foods and beverages, and demographics. For more information visit www.PackagedFacts.com, or contact Tom Ehart at 240-747-3014, or email@example.com.