The market for throat pastilles and cough drops in Romania experienced several fluctuations in volume from 2013 to 2023, dropping from 699.3 to 520.99 thousand kilograms. Year-on-year variations highlight significant declines, notably in 2019 with a double-digit decrease of 17.57% and steady declines in subsequent years, culminating in a 4.23% decrease in 2023. Over the last five years, the compound annual growth rate averaged -5.41%, indicating a persistently contracting market.
Future trends to watch for include:
- Potential market recovery driven by increased health awareness and demand for immunity-boosting products.
- New product innovations and marketing strategies that may revitalize consumer interest.
- Impacts of seasonal flu trends and public health campaigns on demand.