In 2015, herbal/traditional products continued to gain in popularity underpinned by the frequent mass media announcements that herbal-based medicines have fewer side effects. Sales were also fuelled by increasing health-consciousness among Azerbaijanis. Consumers increasingly treat minor ailments themselves with OTC medications. However, when health problems appear, many are inclined to use traditional/herbal products. As a result, herbal/traditional products continued to gain value sales as they are considered to have no side effects, unlike standard Rx and OTC medicines.
Competitive Landscape
Zentiva leads, with a 16% value. This is atrributable to Pinosol (Sanofi), which continues to gain in popularity ??" share has increased rapidly over the review period, and shows little sign of abating. The brand accounts for 29% of all herbal/traditional cough, cold and allergy remedies ??" a key category.
Industry Prospects
Full Report Details at
- http://www.fastmr.com/prod/1082308_herbaltraditional_products.aspx?afid=302
During the forecast period, leading manufacturers’ increasing focus on product safety and efficiency is expected to have additional positive effects on growth in herbal/traditional products.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Herbal/Traditional Products industry in Azerbaijan 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 Azerbaijan, our research will save you time and money while empowering you to make informed, profitable decisions.
The?Herbal/Traditional Products in?Azerbaijan 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 Azerbaijan?
* What are the major brands in Azerbaijan?
* What is the market size of Herbal/Traditional Products in Azerbaijan?
* What are the major brands in Azerbaijan?
* Are Ayurvedic or Traditional Chinese Medicine products available in Azerbaijan?
* Which traditional products, like charcoal, bird’s nest, camphor, valerian, or menthol, are popular?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
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"Herbal/Traditional Products in Azerbaijan" is now available at Fast Market Research
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Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001