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Herbal/Traditional Products in Latvia

Herbal/Traditional Products in Latvia

Consumers in Latvia are familiar with using herbal/traditional remedies for the treatment and prevention of diseases. Traditional/herbal remedies is a strong part of Latvia’s heritage. Knowledge about herbal/traditional remedies and plants with medicinal properties is passed down from one generation to the next. However, due to busier lifestyles the gathering and preparing herbal/traditional remedies at home is no longer part of Latvian household life for the most part, which favours the use of...

Euromonitor International's Herbal/Traditional Products in Latvia 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 LATVIA
Euromonitor International
February 2019
LIST OF CONTENTS AND TABLES
Headlines
Prospects
Latvians Tend To Prefer Herbal/traditional Products
Cough, Cold and Allergy (hay Fever) Remedies Leads Herbal/traditional Products
Competitive Landscape
Strong Representation From Local Companies
International Players With Long-standing Brands Are Key
Private Label Is Present But Struggling
Category Data
Table 1 Sales of Herbal/Traditional Products: Value 2013-2018
Table 2 Sales of Herbal/Traditional Products: % Value Growth 2013-2018
Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2014-2018
Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2015-2018
Table 5 Forecast Sales of Herbal/Traditional Products: Value 2018-2023
Table 6 Forecast Sales of Herbal/Traditional Products: % Value Growth 2018-2023
Executive Summary
Latvia Remains A Lucrative Market for New Products
Self-medication Remains the Main Growth Driver
Brands With Strong Advertisement Support Have Great Advantage
Pharmacy Chains Dictate Product Choices
Consolidation Versus Natural Products
Appendix
OTC Registration and Classification
Vitamins and Dietary Supplements Registration and Classification
Self-medication/self-care and Preventive Medicine
Switches
Market Indicators
Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2013-2018
Table 8 Life Expectancy at Birth 2013-2018
Market Data
Table 9 Sales of Consumer Health by Category: Value 2013-2018
Table 10 Sales of Consumer Health by Category: % Value Growth 2013-2018
Table 11 NBO Company Shares of Consumer Health: % Value 2014-2018
Table 12 LBN Brand Shares of Consumer Health: % Value 2015-2018
Table 13 Penetration of Private Label by Category: % Value 2013-2018
Table 14 Distribution of Consumer Health by Format: % Value 2013-2018
Table 15 Distribution of Consumer Health by Format and Category: % Value 2018
Table 16 Forecast Sales of Consumer Health by Category: Value 2018-2023
Table 17 Forecast Sales of Consumer Health by Category: % Value Growth 2018-2023
Sources
Summary 1 Research Sources

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