Global Herbal/Traditional Products Market Statistics, Development and Growth 2021

 

The outbreak of COVID-19 is set to result in a value decline for herbal/traditional products, with growth moving from a positive result of 1% in 2019 to a predicted decline of 6% in 2020.

 

Euromonitor International's Herbal/Traditional Products in Norway report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. Forecasts to 2024 illustrate how the market is set to change.

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Product coverage: Herbal/Traditional Cough, Cold and Allergy (Hay Fever) Remedies, Herbal/Traditional Dermatologicals, Herbal/Traditional Dietary Supplements, Herbal/Traditional Digestive Remedies, Herbal/Traditional Paediatric Dietary Supplements, Herbal/Traditional Sleep Aids, Herbal/Traditional Tonics, Herbal/Traditional Topical Analgesics.

 

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

 

Why buy this report?

* Get a detailed picture of the Herbal/Traditional Products 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.

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Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

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Table of Contents

 

 

KEY DATA FINDINGS

2020 IMPACT

Lack of footfall in specialist retailers leads to a decline in growth for 2020, as the COVID-19 crisis does not motivate consumers to buy herbal/traditional options

Sleep aids benefit from having a better reputation than prescribed alternatives, however, herbal/traditional cough and cold remedies lose sales to OTC products

Läkerol retains the top spot, as Sedix benefits from its passionate fruit ingredient, increasing its lead above its competitors

RECOVERY AND OPPORTUNITIES

Following a decline in 2020, growth peaks in 2021, before remaining steady across the rest of the forecast period

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A reluctancy to take prescription medication, partnered with innovative offerings boost growth in herbal/traditional sleep aids across the forecast period

A growing focus on alternative therapy across the forecast period could boost the reputation and retail sales of herbal/traditional products

CATEGORY DATA

Table 1 Sales of Herbal/Traditional Products by Category: Value 2015-2020

Table 2 Sales of Herbal/Traditional Products by Category: % Value Growth 2015-2020

Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2016-2020

Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2017-2020

Table 5 Forecast Sales of Herbal/Traditional Products by Category: Value 2020-2025

Table 6 Forecast Sales of Herbal/Traditional Products by Category: % Value Growth 2020-2025

EXECUTIVE SUMMARY

COVID-19 impact on consumer health

COVID-19 country impact

Company response

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Retailing shift

What next for consumer health?

MARKET INDICATORS

Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2015-2020

Table 8 Life Expectancy at Birth 2015-2020

MARKET DATA

Table 9 Sales of Consumer Health by Category: Value 2015-2020

Table 10 Sales of Consumer Health by Category: % Value Growth 2015-2020

Table 11 NBO Company Shares of Consumer Health: % Value 2016-2020

Table 12 LBN Brand Shares of Consumer Health: % Value 2017-2020

Table 13 Penetration of Private Label in Consumer Health by Category: % Value 2015-2020

 …... continued

 

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