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Herbal/Traditional Products in Colombia

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HERBAL/TRADITIONAL PRODUCTS IN COLOMBIA

    Euromonitor International

      February 2019

        LIST OF CONTENTS AND TABLES

          Headlines

            Prospects

              Herbal/traditional Tonics Drags Down Overall Category's Growth

                Natural Ingredients As Part of Traditional Medicine

                  Innovation Limited

                    Competitive Landscape

                      Cadbury Adams Colombia Takes Over Leadership

                        Sanofi-aventis Pharma Exits Herbal/traditional Digestive Remedies

                          Private Label Not Represented

                            Category Data

                              Table 1 Sales of Herbal/Traditional Products by Category: Value 2013-2018

                                Table 2 Sales of Herbal/Traditional Products by Category: % Value Growth 2013-2018

                                  Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2014-2018

                                    Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2015-2018

                                      Table 5 Forecast Sales of Herbal/Traditional Products by Category: Value 2018-2023

                                        Table 6 Forecast Sales of Herbal/Traditional Products by Category: % Value Growth 2018-2023

                                          Executive Summary

                                            Consumer Health Records Growth in 2018 As Economy Begins Recovery

                                              Main Switches Present in Digestive Remedies and Cough, Cold and Allergy Remedies

                                                Foreign Companies Lead Most Consumer Health Categories

                                                  Chemists/pharmacies Continues To Be Leading Distribution Channel

                                                    Increasing Awareness of Self-care and Ageing Population To Boost Future Sales

                                                      Market Indicators

                                                        Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2013-2018

                                                          Table 8 Life Expectancy at Birth 2013-2018

                                                            Market Data

                                                              Table 9 Sales of Consumer Health by Category: Value 2013-2018

                                                                Table 10 Sales of Consumer Health by Category: % Value Growth 2013-2018

                                                                  Table 11 NBO Company Shares of Consumer Health: % Value 2014-2018

                                                                    Table 12 LBN Brand Shares of Consumer Health: % Value 2015-2018

                                                                      Table 13 Penetration of Private Label in Consumer Health by Category: % Value 2013-2018

                                                                        Table 14 Distribution of Consumer Health by Format: % Value 2013-2018

                                                                          Table 15 Distribution of Consumer Health by Format and Category: % Value 2018

                                                                            Table 16 Forecast Sales of Consumer Health by Category: Value 2018-2023

                                                                              Table 17 Forecast Sales of Consumer Health by Category: % Value Growth 2018-2023

                                                                                Appendix

                                                                                  OTC Registration and Classification

                                                                                    Vitamins and Dietary Supplements Registration and Classification

                                                                                      Self-medication/self-care and Preventive Medicine

                                                                                        Switches

                                                                                          Summary 1 OTC: Switches From Prescription to OTC

                                                                                            Summary 2 OTC: Switches From OTC to Prescription

                                                                                              Sources

                                                                                                Summary 3 Research Sources

                                                                                                Herbal/traditional products was affected by the decline of herbal/traditional tonics, caused by its high prices. Despite this performance by tonics, herbal/traditional products recorded low positive growth in 2018, as Colombians tend to consider natural products as trustworthy and effective at treating minor ailments, as well as being perceived as safe as they have fewer side effects and risk of overdose.

                                                                                                Euromonitor International's Herbal/Traditional Products in Colombia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2014-2018, allowing you to identify the sectors driving growth. Forecasts to 2023 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.

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