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Herbal/Traditional Products in Latvia

Publisher Euromonitor International
Published Oct 13, 2022
Length 22 Pages
SKU # EP17462292

Description

Herbal/Traditional Products in Latvia

Herbal/traditional products is very often perceived as useful for providing extra support for when taking traditional medicines. A high proportion of herbal products are devoted to cough and cold remedies, and thus sales are normally quite seasonal, with demand rising in the winter months when rates of colds and flu are high.

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 2017-2021, allowing you to identify the sectors driving growth. Forecasts to 2026 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.

Table of Contents

22 Pages
Herbal/Traditional Products in Latvia
Euromonitor International
October 2022
List Of Contents And Tables
HERBAL/TRADITIONAL PRODUCTS IN LATVIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Herbal/traditional benefits from renewed demand
Cultural preference for natural products benefits local players
Brands outperform private label in herbal/traditional
PROSPECTS AND OPPORTUNITIES
Limited growth opportunities for this well-established category
Cough, cold and allergy (hay fever) remedies will continue to lead due to high levels of consumer trust
Strong competition from herbal tea
CATEGORY DATA
Table 1 Sales of Herbal/Traditional Products: Value 2017-2022
Table 2 Sales of Herbal/Traditional Products: % Value Growth 2017-2022
Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2018-2022
Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2019-2022
Table 5 Forecast Sales of Herbal/Traditional Products: Value 2022-2027
Table 6 Forecast Sales of Herbal/Traditional Products: % Value Growth 2022-2027
CONSUMER HEALTH IN LATVIA
EXECUTIVE SUMMARY
Consumer health in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for consumer health?
MARKET INDICATORS
Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2017-2022
Table 8 Life Expectancy at Birth 2017-2022
MARKET DATA
Table 9 Sales of Consumer Health by Category: Value 2017-2022
Table 10 Sales of Consumer Health by Category: % Value Growth 2017-2022
Table 11 NBO Company Shares of Consumer Health: % Value 2018-2022
Table 12 LBN Brand Shares of Consumer Health: % Value 2019-2022
Table 13 Penetration of Private Label by Category: % Value 2017-2022
Table 14 Distribution of Consumer Health by Format: % Value 2017-2022
Table 15 Distribution of Consumer Health by Format and Category: % Value 2022
Table 16 Forecast Sales of Consumer Health by Category: Value 2022-2027
Table 17 Forecast Sales of Consumer Health by Category: % Value Growth 2022-2027
APPENDIX
OTC registration and classification
Vitamins and dietary supplements registration and classification
Self-medication/self-care and preventive medicine
Switches
DISCLAIMER
DEFINITIONS
SOURCES
Summary 1 Research Sources

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