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Herbal/Traditional Products in Azerbaijan

Herbal/Traditional Products in Azerbaijan

Herbal/traditional products saw continued growth in 2019. Herbal options are considered as non-harmful, and thus saw continued growth in popularity. Over the forecast period consumers are more likely to turn to more effective remedies, as herbals are usually associated with traditional medicine, which are gradually losing popularity. With lifestyle intensification, consumers will be searching for maximum efficiency, so herbal/traditional remedies will be led mainly by dietary supplements, where...

Euromonitor International's Herbal/Traditional Products in Azerbaijan report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2014-2018, allowing you to identify the sectors driving growth. Forecasts to 2023 illustrate how the market is set to change.

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.

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.

Herbal/traditional Products in Azerbaijan
Euromonitor International
October 2019
Herbal/traditional Products Benefit From More Natural, Less Potentially Harmful Positioning
Competitive Pricing Also Represents An Advantage
Chemists/pharmacies Channel Sees Share Rise Through Choice and Convenience
Competitive Landscape
Category Sees Limited Advertising Support, Herbapol Krakow SA Maintains Lead
Numerous Smaller Players See Combined Share Gain As Consumers Face Constrained Spending Power
Products at Lower Prices Offer Considerable Potential in Coming Years
Category Data
Table 1 Sales of Herbal/Traditional Products: Value 2014-2019
Table 2 Sales of Herbal/Traditional Products: % Value Growth 2014-2019
Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2015-2019
Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2016-2019
Table 5 Forecast Sales of Herbal/Traditional Products: Value 2019-2024
Table 6 Forecast Sales of Herbal/Traditional Products: % Value Growth 2019-2024
Executive Summary
Impact of Delicate Economic Balance and Constrained Consumer Spending Power Evident Across the Market
Azerbaijani Consumers Value Quality, Herbal/traditional Products Perceived As Less Potentially Harmful
Consumers Like International Products' Quality, But Local Products' Prices
Drugstores/parapharmacies Remain Dominant Due To Strict Controls
Preventative Measure and General Health Trend Set To Influence Market Performance, Underpinned by Economic and Demographic Factors
Market Indicators
Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2014-2019
Table 8 Life Expectancy at Birth 2014-2019
Market Data
Table 9 Sales of Consumer Health by Category: Value 2014-2019
Table 10 Sales of Consumer Health by Category: % Value Growth 2014-2019
Table 11 NBO Company Shares of Consumer Health: % Value 2015-2019
Table 12 LBN Brand Shares of Consumer Health: % Value 2016-2019
Table 13 Distribution of Consumer Health by Format: % Value 2014-2019
Table 14 Distribution of Consumer Health by Format and Category: % Value 2019
Table 15 Forecast Sales of Consumer Health by Category: Value 2019-2024
Table 16 Forecast Sales of Consumer Health by Category: % Value Growth 2019-2024
OTC Registration and Classification
Vitamins and Dietary Supplements Registration and Classification
Self-medication/self-care and Preventive Medicine
Summary 1 Research Sources

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