Herbal/Traditional Products in Latvia

Date: October 26, 2017
Pages: 18
Price:
US$ 990.00
Publisher: Euromonitor International Ltd
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: H25252FD676EN
Leaflet:

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In Latvia, due to the ready availability of fresh high-quality vegetables and fruits, there is widespread belief that natural is better than artificial in materials, food or medicine. Therefore, in general Latvians, if provided with a choice, prefer natural and herbal remedies, or remedies emphasising their herbal origins. However, traditionally in most consumer health categories there were few or no products available as herbal alternatives to standard products. This began to change, especially...

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 2012-2016, allowing you to identify the sectors driving growth. Forecasts to 2021 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.
Headlines
Prospects
Latvians Favour Natural Products and Consider Them Superior To Artificial Products
Best Performers Highlight Their Natural Origins and Strength of the Active Ingredient
Lack of Regulation Allows for Exploitation of the Perception of the Term 'natural'
Competitive Landscape
Domestic Herbal/traditional Products Considered Superior
Local Production Is Led by Faringospray
Lack of New Product Introductions Presents Opportunities
Category Data
  Table 1 Sales of Herbal/Traditional Products: Value 2012-2017
  Table 2 Sales of Herbal/Traditional Products: % Value Growth 2012-2017
  Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2013-2017
  Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2014-2017
  Table 5 Forecast Sales of Herbal/Traditional Products: Value 2017-2022
  Table 6 Forecast Sales of Herbal/Traditional Products: % Value Growth 2017-2022
Executive Summary
Significant Growth in Turnover Unsupported by An Increase in Volume
Lack of Human Resources A Major Problem for Local Producers
Expansion and Consolidation To Maintain Competitiveness
Tough Competition Characterised by Outlet Network Expansion
Healthy Lifestyle Trend Continues To Influence Habits and Development
Market Indicators
  Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2012-2017
  Table 8 Life Expectancy at Birth 2012-2017
Market Data
  Table 9 Sales of Consumer Health by Category: Value 2012-2017
  Table 10 Sales of Consumer Health by Category: % Value Growth 2012-2017
  Table 11 NBO Company Shares of Consumer Health: % Value 2013-2017
  Table 12 LBN Brand Shares of Consumer Health: % Value 2014-2017
  Table 13 Penetration of Private Label by Category: % Value 2012-2017
  Table 14 Distribution of Consumer Health by Format: % Value 2012-2017
  Table 15 Distribution of Consumer Health by Format and Category: % Value 2017
  Table 16 Forecast Sales of Consumer Health by Category: Value 2017-2022
  Table 17 Forecast Sales of Consumer Health by Category: % Value Growth 2017-2022
Appendix
OTC Registration and Classification
Vitamins and Dietary Supplements Registration and Classification
Self-medication/self-care and Preventative Medicine
Switches
Sources
  Summary 1 Research Sources
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