Consumer health in 2024: The big picture
Consumer health is set to record positive, double-digit retail value growth in 2024, recovering from the decline in sales noted in 2023. In the previous year, sales struggled due to illicit trade, with goods including medicines, dermatological and digestive products, sports nutrition, and dietary supplements bought from Argentina and sold at lower prices to consumers in Uruguay.
2024 key trends
Vitamins will be a key product in 2024, with consumers who became accustomed to taking vitamins during the COVID-19 outbreak, maintaining this habit. Due to their convenience and value-for-money positioning, multivitamins are witnessing the most significant rate of growth, with consumers valuing the convenience of a one-dose product.
Competitive landscape
The consumer health industry is highly fragmented, with an increasing number of international and local companies competing for value share. The two largest companies in 2024 are Bayer SA Uruguay and Megalabs SA.
Retailing developments
Consumer health sales are mainly through pharmacies. The former Uruguayan government limited the expansion of pharmacy chains to a maximum of 15 sales locations, to avoid concentration.
What next for consumer health?
The ministry of Health of Uruguay proposed a draft of new regulations in consumer health in April 2024. The new law would limit the maximum daily consumption of caffeine and other supplements, and multiple vitamins, dietary supplements, and sports nutrition products may be reformulated as a consequence.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Health industry in Uruguay 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Analgesics
- Cough, Cold and Allergy Remedies
- Digestive Remedies
- Dermatologicals
- NRT Smoking Cessation Aids
- Sleep Aids
- Eye Care
- Wound Care
- Vitamins
- Dietary Supplements
- Weight Management
- Sports Nutrition
- Herbal/Traditional Products
- Paediatric Consumer Health
If you're in the Consumer Health industry in Uruguay, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Consumer Health in Uruguay report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Consumer Health in Uruguay?
- Which are the leading brands in Consumer Health in Uruguay?
- How are products distributed in Consumer Health in Uruguay?
- How has the regulatory and operating environment for Consumer Health changed in Uruguay?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for Consumer Health
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
Consumer Health in Uruguay
Consumer health in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer health?
OTC registration and classification
Vitamins and dietary supplements registration and classification
Self-medication/self-care and preventive medicine
Switches
DISCLAIMER
DEFINITIONS
Analgesics in Uruguay
KEY DATA FINDINGS
Retail value sales rise as illicit trade from Argentina falls
The ongoing dengue outbreak drives sales of acetaminophen
Innovation remains high, capturing a wider consumer base
The dengue outbreak fuels consumption and drives sales of acetaminophen
Herbal/traditional products showcase growth, driven by natural options
Online sales expand as e-commerce increases in popularity
Cough, Cold and Allergy (Hay Fever) Remedies in Uruguay
KEY DATA FINDINGS
Sales increase as consumers buy goods for local retailers
Allergies increase as climate change heightens temperatures
Sanofi-Aventis Uruguay leads, followed by CAS Uruguay and Megalabs
Climate change and growing allergies benefit growth over the forecast period
The pharmacies channel strengthens as Farmacity from Argentina enters the landscape
E-commerce continues to grow, driven by convenience and value-priced options
Dermatologicals in Uruguay
KEY DATA FINDINGS
Dengue outbreak supports sales of antipruritics in 2024
Dermatologicals sales benefit as buying from Argentina declines
Mega Labs and Bayer account for almost half of all dermatological sales
Outdoor activity positively impacts sales of antifungal products in 2024
Innovation, advertising and promotional investments drive growth
E-commerce and omnichannel approaches have a distinct advantage
Digestive Remedies in Uruguay
KEY DATA FINDINGS
Increased awareness of digestive disorders boost sales during 2024
Digestive remedies record positive growth as Uruguayans purchase goods from local retailers
Mega Labs SA leads, with wide distribution and competitive price points
Ongoing growth for digestive remedies driven by laxatives and antacids
Demand for natural digestive remedies rise as consumers preference natural goods
E-commerce will become crucial in the sales structure of companies
Wound Care in Uruguay
KEY DATA FINDINGS
Wound care sales rebound as consumers purchases goods from local retailers
Wound care continues to recover from the removal of COVID-19 restrictions
Johnson & Johnson de Uruguay SA leads as Band-Aid has a solid position
Pharmacies continue to be the most important distribution channel in wound care
Opportunities for emerging brands to gain ground as affordability becomes key
Products that offer added value enable players to stand out on a competitive landscape
Sports Nutrition in Uruguay
KEY DATA FINDINGS
Sports nutrition showcases healthy growth, driven by non-protein options
Innovation in herbal protein sports nutrition as consumers embrace healthier lifestyles
Gold Nutrition leads the landscape, driven by a multi-channel strategy
Sports nutrition sales will continue growing, driven by social media and influencers
An omnichannel presence will be a key growth driver for sports nutrition
Further growth for sports nutrition RTD and protein/energy bars
Dietary Supplements in Uruguay
KEY DATA FINDINGS
Dietary supplements will grow as the health and wellness trend rises
Probiotics grow as consumers look to improve gut health, energy and performance
Sales from direct sellers decline as consumers look for affordable options
Sales of dietary supplements grow in line with the preventative health trend
Environmental consciousness continues to shape purchasing decisions
A more active population offers strong growth potential for protein supplements
Vitamins in Uruguay
KEY DATA FINDINGS
Sales of vitamins benefit as illicit trade from Argentina declines
Consumers seek all-in-one products, shaping product innovations
Bayer leads with its flagship brands, Supradyn and Redoxon
Vitamin consumption grows, driven by an increase in preventative health
Direct sellers must apply omnichannel strategies to support sales
E-commerce allows consumers to research options before they buy
Weight Management and Wellbeing in Uruguay
KEY DATA FINDINGS
Weight management shows a moderate increase driven by supplement nutrition growth
Meal replacements decrease in volume sales, aligned to the performance of direct sellers’
Natural and organic products are gaining relevance on the landscape
Direct sellers apply omnichannel approaches in order to boost sales
Prescription medications pose an increasing threat to weight management products
Social media grows in importance, positively impacting sales on the landscape
Herbal/Traditional Products in Uruguay
KEY DATA FINDINGS
Sales of herbal/traditional products grow further, although the landscape remains niche
Sports nutrition herbal/traditional products give extra strength to the landscape
Megalabs SA comfortably leads the landscape in 2024
Natural products benefit from the rising interest in no artificial ingredients
The older population continues to adopt herbal/traditional products
Sustainability will become a major driver of sales and innovation
Paediatric Consumer Health in Uruguay
KEY DATA FINDINGS
Paediatric sales rebound as consumers buy goods from local retailers
Strong demand for paediatric vitamins and dietary supplements as preventative healthcare rises
Mega Labs SA leads the landscape followed by Laboratorios Bagó SA
Low birth rate in Uruguay is a challenge for ongoing growth
Players are set to focus on child-friendly designs to drive sales
Generics showcase strong growth across the forecast period
The following categories and subcategories are included:
Consumer Health
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- Adult Mouth Care
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- Adult Acetaminophen
- Adult Aspirin
- Adult Combination Products - Analgesics
- Adult Diclofenac
- Adult Dipyrone
- Adult Ibuprofen
- Adult Ketoprofen
- Adult Naproxen
- Adult OTC Triptans
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- Paediatric Acetaminophen
- Paediatric Aspirin
- Paediatric Combination Products - Analgesics
- Paediatric Dipyrone
- Paediatric Ibuprofen
- Paediatric Naproxen
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- Acetaminophen
- Aspirin
- Combination Products - Analgesics
- Diclofenac
- Dipyrone
- Ibuprofen
- Ketoprofen
- Naproxen
- OTC Triptans
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- Topical Analgesics/Anaesthetic
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- Sleep Aids
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- Antihistamines/Allergy Remedies (Systemic)
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- Paediatric Allergy Remedies
- Paediatric Cough/Cold Remedies
- Combination Products - Cough, Cold and Allergy (Hay Fever) Remedies
- Cough Remedies
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- Nasal Sprays
- Oral Decongestants
- Inhalant Decongestants
- Decongestant Rubs
- Nasal Decongestant Drops
- Nasal Decongestant Plasters
- Medicated Confectionery
- Pharyngeal Preparations
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- Medicated Shampoos
- Topical Antifungals
- Vaginal Antifungals
- Hair Loss Treatments
- Nappy (Diaper) Rash Treatments
- Antiparasitics/Lice (Head and Body) Treatments
- Antipruritics
- Cold Sore Treatments
- Haemorrhoid Treatments
- Paediatric Dermatologicals
- Topical Allergy Remedies/Antihistamines
- Topical Germicidals/Antiseptics
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- Paediatric Diarrhoeal Remedies
- Paediatric Indigestion and Heartburn Remedies
- Paediatric Laxatives
- Paediatric Motion Sickness Remedies
- Diarrhoeal Remedies
- IBS Treatments
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- Antacids
- Antiflatulents
- Digestive Enzymes
- H2 Blockers
- Proton Pump Inhibitors
- Laxatives
- Motion Sickness Remedies
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- Emergency Contraception
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- Allergy Eye Care
- Standard Eye Care
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- NRT Gum
- NRT Inhalators
- NRT Lozenges
- NRT Patches
- Other NRT
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- First Aid Kits
- Gauze, Tape and Other Wound Care
- Sticking Plasters/Adhesive Bandages
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- Protein/Energy Bars
- Sports Protein Powder
- Sports Protein RTD
- Sports Non-Protein Products
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- Combination Dietary Supplements
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- Aloe
- Combination Herbal/Traditional Dietary Supplements
- Cranberry
- Echinacea
- Evening Primrose Oil
- Garlic
- Ginkgo Biloba
- Ginseng
- St John's Wort
- Other Herbal/Traditional Dietary Supplements
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- Co-Enzyme Q10
- Combination Non-Herbal/Traditional Dietary Supplements
- Eye Health Supplements
- Fish Oils/Omega Fatty Acids
- Glucosamine
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- Calcium Supplements
- Mineral Supplements
- Probiotic Supplements
- Protein Supplements
- Other Non-Herbal/Traditional Dietary Supplements
- Paediatric Vitamins and Dietary Supplements
- Tonics
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- Multivitamins
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- Vitamin A
- Vitamin B
- Vitamin C
- Vitamin D
- Vitamin E
- Other Single Vitamins
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- Meal Replacement
- OTC Obesity
- Slimming Teas
- Supplement Nutrition Drinks
- Weight Loss Supplements
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- Herbal/Traditional Topical Analgesics
- Herbal/Traditional Sleep Aids
- Herbal/Traditional Cough, Cold and Allergy (Hay Fever) Remedies
- Herbal/Traditional Digestive Remedies
- Herbal/Traditional Dermatologicals
- Herbal/Traditional Paediatric Dietary Supplements
- Herbal/Traditional Dietary Supplements
- Herbal/Traditional Tonics
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- Allergy Eye Care
- Antihistamines/Allergy Remedies (Systemic)
- Paediatric Allergy Remedies
- Topical Allergy Remedies/Antihistamines
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- Paediatric Acetaminophen
- Paediatric Aspirin
- Paediatric Combination Products - Analgesics
- Paediatric Dipyrone
- Paediatric Ibuprofen
- Paediatric Naproxen
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- Paediatric Allergy Remedies
- Paediatric Cough/Cold Remedies
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- Paediatric Diarrhoeal Remedies
- Paediatric Indigestion and Heartburn Remedies
- Paediatric Laxatives
- Paediatric Motion Sickness Remedies
- Paediatric Dermatologicals
- Nappy (Diaper) Rash Treatments
- Paediatric Vitamins and Dietary Supplements
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Consumer Health
It is the aggregation of OTC, Vitamins and Dietary Supplements (VDS), Sports Nutrition, and Weight Management and Wellbeing
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This report originates from Passport, our Consumer Health research and analysis database.
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