Competitive Landscape
The competition with herbal/traditional products is strong and the competitive landscape is quite fragmented. Only the leading company, Krewel Meuselbach GmbH, has a retail value share above 10% in 2013, thanks to its large product portfolio and focus on promotion through leaflets in pharmacies. Schwabe Slovakia sro, Sandoz Slovensko and Walmark follow, each with a retail value share of 8-9%.
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Industry Prospects
A lack of promotion and product innovation will hamper the development of herbal/traditional products over the forecast period. Consumers will continue to seek herbal products as preventive or supplementary treatments to OTC drugs. Strong competition from strongly advertised OTC and homeopathic products will also have a negative impact on sales.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Herbal/Traditional Products industry in Slovakia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Herbal/Traditional Products industry in Slovakia, our research will save you time and money while empowering you to make informed, profitable decisions.
The?Herbal/Traditional Products in?Slovakia market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth??
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Herbal/Traditional Products in Slovakia?
* What are the major brands in Slovakia?
* What is the market size of Herbal/Traditional Products in Slovakia?
* What are the major brands in Slovakia?
* Are Ayurvedic or Traditional Chinese Medicine products available in Slovakia?
* Which traditional products, like charcoal, bird's nest, camphor, valerian, or menthol, are popular?
Reasons to Get this Report
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