Herbal/Traditional Products in Uzbekistan - New Report Available

From: Fast Market Research, Inc.
Published: Thu Dec 31 2015


Although consumers accept consumer health products, the majority are concerned about overusing and regularly consuming them. Thanks to such perceptions and attitudes, sales of herbal/traditional products has continued growing. People believe that herbal/traditional products contain natural ingredients, which cannot therefore be harmful for their health. This perception has always driven sales of herbal/traditional products within Uzbekistan. Growing health concerns during the review period also contributed to the rise in demand. Such positive trends helped to keep the category growing despite sharp price rises in 2015.

Competitive Landscape

PGT Healthcare was the leader of sales in herbal/traditional products in 2015. It presents the most popular herbal/traditional sleep aids product Novo-Passit. The company’s products are marketed through the Oxy-Med chain and other pharmacies in Uzbekistan. This ensured PGT Healthcare held a 32% share of retail value sales in 2015.

Full Report Details at
- http://www.fastmr.com/prod/1082357_herbaltraditional_products.aspx?afid=302

Industry Prospects

The herbal/traditional products category has a positive future thanks to satisfied consumers and motivated manufacturers. Over the forecast period, in addition to the growing number of herbal/traditional products, labelling will become important and the category’s products will use labels to attract consumers. Competitive prices introduced by domestic companies will further facilitate sales. Overall, retail sales of herbal/traditional products are expected to achieve a value CAGR of 2% at constant 2015 prices over the forecast period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Herbal/Traditional Products industry in Uzbekistan 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 Uzbekistan, our research will save you time and money while empowering you to make informed, profitable decisions.

The?Herbal/Traditional Products in?Uzbekistan 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 Uzbekistan?
* What are the major brands in Uzbekistan?

About Fast Market Research

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For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Consumer Health in Uzbekistan
- Vitamins and Dietary Supplements in Uzbekistan
- Drinking Milk Products in Uzbekistan
- Yoghurt and Sour Milk Products in Uzbekistan
- Baby and Child-Specific Products in Uzbekistan

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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