Analgesics will register minimal constant value and volume growth over the forecast period in what is a mature product area. Now that the pandemic has passed, growth rates will return to lower levels.
Analgesics will face a continual threat from traditional herbal alternatives such as ginger or turmeric. There is a long tradition of herbal medicine in Ecuador and it is gaining more recognition, especially for long-term use, as consumers look to natural, non-chemical alternatives for pain relief.
There will be increased competition in topical analgesics, as well as more innovation and value-added benefits. A recent example of this is from Mentol Chino.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Ecuador with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Analgesics industry in Ecuador, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Analgesics
Analgesics cover systemic and topical pain relievers. Products which include a pain-relief ingredient in addition to another core function are excluded (e.g. a sore throat remedy which includes paracetamol is excluded from the analgesics and instead is included in pharyngeal remedies).
See All of Our DefinitionsThis report originates from Passport, our Analgesics research and analysis database.
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