Ongoing economic constraints will force consumer to eschew or at least cut down on non-essential items and reduce their spending on impulse purchases. More than ever, consumers are becoming more strategic about the way in which they spend their money, therefore affordability will remain a key trend within this category.
With consumers seeking affordable health products, private label will become more attractive to consumers as these products tend to be more affordable and regularly offer consumers promotions or their products on sale. For example, Clicks and Dischem often introduce new products across various categories.
Innovation in consumer health is expected to focus on the development of products that consist of herbal/traditional ingredients. By producing more herbal/traditional products, consumers are expected to be more attracted to these ranges.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in South Africa 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 Herbal/Traditional Products industry in South Africa, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Herbal/Traditional Products
Botanicals or traditional remedies are products that have a long tradition of use, decades of established reputation, and are considered alternative remedies to standard medicine. Traditional medicine remedies such as Ayurveda, Traditional Chinese Medicine (TCM), Unani, Kampo, etc. are included. Homeopathic remedies are excluded. Only packaged products are tracked.
See All of Our DefinitionsThis report originates from Passport, our Herbal/Traditional Products research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!