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Herbal/Traditional Products: In-depth Industry Report in Guatemala

  • November 2017
  • 15 pages
  • ID: 208015
In this report:
The most important drivers of this are expected to be urbanisation, with more retailing outlets of consumer health growing in both urban and rural areas of the country, higher disposable incomes and an increased interest among consumers in having healthier lifestyles.
Herbal/traditional products is expected to achieve a retail value CAGR of ##% at constant 2017 prices during the forecast period

Summary

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Guatemalans' strong belief in the healing properties of natural remedies is the principal sales driver for herbal/traditional products. Home-made recipes for treating common illnesses including colds and digestive discomforts are still very common in the country, primarily among middle- and lower-class clients. The faster pace of life and having less time to prepare these remedies is an added benefit to sales, since clients trust the healing power of natural remedies but do not have time to prepare th...

Euromonitor International's Herbal/Traditional Products in Guatemala report provides a thorough outline of the market magnitude and design at a national level. It offers the latest retail sales data 2012-2016, permitting you to recognize the sectors generating growth. Projections to 2021 expose how the segment might evolve.

Product analysis:

Herbal/Traditional Cough, Cold and Allergy 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 analysis:

market values (historic and estimations), number of company shares and market shares.

Few good reasons for buying this report

Get an in-depth picture of the Herbal/Traditional Products market;

Point out growth segments and apprehend elements driving change;

Comprehend the competitive environment, the segment's main actors and major brands;

Use 5-year projections to apprehend how the segment is forecasted to change.

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