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In 2020, herbal/traditional products is expected to post a slightly higher current value growth rate to that seen in the previous year, with COVID-19 significantly boosting demand for herbal/traditional cough, cold and allergy (hay fever) remedies. At the onset of lockdown, local consumers were eager to boost their immune systems with natural alternatives to prevent the likelihood of getting sick with COVID-19. Furthermore, many consumers turned to herbal/traditional products as a solution to ea...
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Euromonitor International's Herbal/Traditional Products in Dominican Republic 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.
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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.
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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.
Table of Contents:
Herbal/Traditional Products in Dominican Republic
Euromonitor International
November 2020
List OF CONTENTS AND TABLES
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KEY DATA FINDINGS
2020 IMPACT
COVID-19 increases demand for herbal/traditional products due to safer perception from the consumer end
Popularity of natural alternatives causes scarcity and an increase in unit price in 2020
Players turn to social media to promote the intake of immune boosting herbal/traditional products
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RECOVERY AND OPPORTUNITIES
A preventative approach to health set to drive growth over the forecast period
Use of social media will gain importance over the forecast period
Herbal/traditional dietary supplements will continue dominating sales over the forecast period
CATEGORY DATA
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