"Cough, Cold and Allergy (Hay Fever) Remedies in Latvia" now available at Fast Market Research

Sales of cough, cold and allergy (hay fever) remedies are directly dependent on weather conditions and the related occurrence of cough, cold or allergy symptoms. Growth of cough, cold and allergy (hay fever) remedies in Latvia is supported by a self-medication trend, as people do not want to wait a day or two to see the doctor because of long queues during viruses season and intensive lifestyles, which require quick and effective remedies to fight symptoms in order not to miss work.

Competitive Landscape

Novartis AG was the leading company in cough, cold and allergy (hay fever) remedies in Latvia with a 14% retail value share in 2015, but its share slightly declined over the review period mainly due to its leading brand, Theraflu, which faced harsh competition from Coldrex by GlaxoSmithKline Plc and other combination products. Still, Novartis brands such as Tavegyl, Vibrocil and Otrivin remain among the leading ones in their particular categories.

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Industry Prospects

Although the growth of consumers’ disposable incomes started to slow down in 2015, not exceeding a 6% increase, cough, cold and allergy (hay fever) remedies will continue its growth, with companies offering more sophisticated, effective medicines, and the average price per unit may increase.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Cough, Cold and Allergy (Hay Fever) Remedies industry in Latvia 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 Cough, Cold and Allergy (Hay Fever) Remedies industry in Latvia, our research will save you time and money while empowering you to make informed, profitable decisions.

The?Cough, Cold and Allergy (Hay Fever) Remedies in?Latvia 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 Cough, Cold and Allergy (Hay Fever) Remedies in Latvia?
* What are the major brands in Latvia?
* What is the impact of influenza vaccinations on the sales of cough and cold products?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats

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