Herbal/Traditional Products in the Philippines
The herbal/traditional products category was growing steadily pre-COVID-19, but surged in 2020 as the pandemic took hold. This occurred as millennials prefer herbal-based products over taking medicines given the absence of a COVID-19 vaccine. Demand was also boosted by a government campaign promoting the use of coconut oil as an anti-viral cough, cold and allergy treatment. However, a shift towards chemically-based topical products was evident because consumers prefer trusted brands they have pr...
Euromonitor International's Herbal/Traditional Products in Philippines 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.
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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