Growing awareness of sustainability and organic and local production are expected to continuously push manufacturers to leverage the “green” trend to try to reach a wider audience. In this vein, players are likely to offer herbal/traditional products that fit the concept of organic and locally sourced ingredients.
The competitive landscape of herbal/traditional products is set to remain highly fragmented. Mondelez Czech Republic and Ceska Lekarna Holding are set to continue to lead the field going into the forecast period, albeit with neither player reaching a double-digit retail value share.
Immunity and prevention were the main growth drivers of herbal/traditional dietary supplements during the COVID-19 pandemic. However, manufacturers that strongly benefited from this trend need to update their offers, communications and messaging.
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Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Czech 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 Herbal/Traditional Products industry in Czech Republic, 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.
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