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Herbal/Traditional Products in Australia

  • PDF Icon

    Report

  • 25 Pages
  • September 2023
  • Region: Australia
  • Euromonitor International
  • ID: 1269033
Description Jump to:
Demand for herbal/traditional products is set to continue to rise in 2023, driven by the health and wellness trend. As consumers seek to reduce their exposure to artificial ingredients and chemicals, Australians are becoming more and more interested in buying products they perceive as being more natural.

The Herbal/Traditional Products in Australia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2018-2022, allowing you to identify the sectors driving growth. Forecasts to 2027 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
The analyst 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, The analyst has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Herbal/traditional products sees continued growth due to health and wellness trend
  • Extended cold and flu season and low vaccination drive demand for herbal/traditional cough and cold remedies
  • Herbal/traditional products target sustainability claims for growth
PROSPECTS AND OPPORTUNITIES
  • Opportunity for natural cough remedies arising from changes in regulation of OTC cough medicines
  • Herbal/traditional sleep aids expected to continue to grow strongly
  • Growing demand for herbal/traditional products addressing women’s health, ranging from analgesics to dietary supplements
CATEGORY DATA
  • Table 1 Sales of Herbal/Traditional Products by Category: Value 2018-2023
  • Table 2 Sales of Herbal/Traditional Products by Category: % Value Growth 2018-2023
  • Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2019-2023
  • Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2020-2023
  • Table 5 Forecast Sales of Herbal/Traditional Products by Category: Value 2023-2028
  • Table 6 Forecast Sales of Herbal/Traditional Products by Category: % Value Growth 2023-2028
CONSUMER HEALTH IN AUSTRALIA
EXECUTIVE SUMMARY
  • Consumer health in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer health?
MARKET INDICATORS
  • Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2018-2023
  • Table 8 Life Expectancy at Birth 2018-2023
MARKET DATA
  • Table 9 Sales of Consumer Health by Category: Value 2018-2023
  • Table 10 Sales of Consumer Health by Category: % Value Growth 2018-2023
  • Table 11 NBO Company Shares of Consumer Health: % Value 2019-2023
  • Table 12 LBN Brand Shares of Consumer Health: % Value 2020-2023
  • Table 13 Penetration of Private Label in Consumer Health by Category: % Value 2018-2023
  • Table 14 Distribution of Consumer Health by Format: % Value 2018-2023
  • Table 15 Distribution of Consumer Health by Format and Category: % Value 2023
  • Table 16 Forecast Sales of Consumer Health by Category: Value 2023-2028
  • Table 17 Forecast Sales of Consumer Health by Category: % Value Growth 2023-2028
APPENDIX
  • OTC registration and classification
  • Vitamins and dietary supplements registration and classification
  • Self-medication/self-care and preventive medicine
  • Switches
DISCLAIMERDEFINITIONS
SOURCES
  • Summary 1 Research Sources

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About the Market

The Traditional Products market within the context of Alternative and Complementary Medicine (ACM) is a growing industry that offers a variety of products and services. These products and services are based on traditional healing practices, such as herbal remedies, acupuncture, massage, and yoga. These products and services are often used to treat a variety of ailments, including chronic pain, stress, and anxiety. The Traditional Products market is a highly competitive industry, with many companies offering a wide range of products and services. Companies in this market often specialize in a particular type of ACM, such as herbal remedies, acupuncture, massage, or yoga. These companies often offer products and services that are tailored to the individual needs of their customers. Some of the companies in the Traditional Products market include Herbalife, Traditional Medicinals, and Gaia Herbs. These companies offer a variety of products and services, including herbal supplements, teas, and essential oils. Other companies in the market include Acupuncture Now, Massage Envy, and Yoga International. These companies offer services such as acupuncture, massage, and yoga classes. Overall, the Traditional Products market within the context of Alternative and Complementary Medicine is a growing industry that offers a variety of products and services. Companies in this market often specialize in a particular type of ACM, such as herbal remedies, acupuncture, massage, or yoga. Some of the companies in the market include Herbalife, Traditional Medicinals, Show Less Read more

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