According to data by Euromonitor, the value of global weight management market reached 16.66 billion dollar, and the market value in China reached 13.37 billion dollar in 2017.
However, as the market lacks for standard management and regulation, the market still faces a lot of issues such as marketing campaigns, false advertisement and other illegal conducts can often be seen. This issue also has attracted attention from media.
The good news is that on August 21st, China Nutrition Society drafted the group standard for meal replacement food, and this is now open to gather public opinion. This standard covers the definition of meal replacement food, technology standard, safety standard and label requirements. (Source: sohu.com)