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Herbal/Traditional Products in Mexico

  • ID: 1269039
  • Report
  • October 2019
  • Region: Mexico
  • 20 pages
  • Euromonitor International
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Plants and herbs have been widely used for medicinal purposes for millennia in Mexico, and this tradition remains strong today, particularly in rural areas. Aside from the historical context, many people consider traditional remedies made with natural ingredients to be safer and more effective than modern pharmaceutical alternatives. Traditional remedies also tend to be relatively inexpensive, which makes them especially popular among the country’s large low-income population.

The author's Herbal/Traditional Products in Mexico report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2014-2018, allowing you to identify the sectors driving growth. Forecasts to 2023 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.
Note: Product cover images may vary from those shown
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Herbal/traditional Products in Mexico

List of Contents and Tables
Headlines
Prospects
Strong Traditional Medicine Culture Underpins Popularity of Herbal/traditional Products
Penetration Set To Remain Highest in Sleep Aids
Impulse Positioning of Popular Brands Drives Demand in Medicated Confectionery
Competitive Landscape
Herbalife Gains Ground Despite Challenging Trading Conditions
Competitive Environment Remains Fragmented
Consumers Show Growing Interest in Organic Dietary Supplements
Category Data
Table 1 Sales of Herbal/Traditional Products by Category: Value 2014-2019
Table 2 Sales of Herbal/Traditional Products by Category: % Value Growth 2014-2019
Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2015-2019
Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2016-2019
Table 5 Forecast Sales of Herbal/Traditional Products by Category: Value 2019-2024
Table 6 Forecast Sales of Herbal/Traditional Products by Category: % Value Growth 2019-2024
Executive Summary
Population Growth and Rising Health-consciousness Underpin Market Expansion
Demographic and Lifestyle Trends Drive Demand in Key Categories
Segmentation Remains A Key Strategy As Competition Intensifies
Direct Selling Remains the Leading Consumer Health Distribution Channel
Steady Expansion of Consumer Health Set To Continue
Market Indicators
Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2014-2019
Table 8 Life Expectancy at Birth 2014-2019
Market Data
Table 9 Sales of Consumer Health by Category: Value 2014-2019
Table 10 Sales of Consumer Health by Category: % Value Growth 2014-2019
Table 11 NBO Company Shares of Consumer Health: % Value 2015-2019
Table 12 LBN Brand Shares of Consumer Health: % Value 2016-2019
Table 13 Distribution of Consumer Health by Format: % Value 2014-2019
Table 14 Distribution of Consumer Health by Format and Category: % Value 2019
Table 15 Forecast Sales of Consumer Health by Category: Value 2019-2024
Table 16 Forecast Sales of Consumer Health by Category: % Value Growth 2019-2024
Appendix
OTC Registration and Classification
Vitamins and Dietary Supplements Registration and Classification
Self-medication/self-care and Preventive Medicine
Switches
Definitions
Sources
Summary 1 Research Sources
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