Bolstered by the strength of its well-known brands in the market, including Ciruelax, Sertal and Aci-Tip, Megalabs is expected to continue leading digestive remedies over the forecast period. While Bayer AG remains a formidable competitor, Megalabs continues to have the capacity and reach in the local market to ensure timely delivery and broad distribution to reach consumers.
Self-medication is a common practice in the country and the trend has definitely become more pronounced as higher prices across the spectrum of other goods are forcing consumers to prioritise spending on household essentials. While consumers will continue to get sick, it is hard to predict how and when these ailments will strike.
The ageing of the Dominican population will also drive growth of digestive remedies over the forecast period as older consumers tend to experience digestive discomfort on a more regular basis. Elderly consumers have long been among the most frequent purchasers of several types of digestive remedies; therefore, the rising proportion of elderly people among the population will support demand for digestive remedies.
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Understand the latest market trends and future growth opportunities for the Digestive Remedies industry in Dominican Republic 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 Digestive Remedies industry in Dominican Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Digestive Remedies
Includes remedies designed and marketed to treat gastrointestinal problems.
See All of Our DefinitionsThis report originates from Passport, our Digestive Remedies research and analysis database.
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