PROSPECTS AND OPPORTUNITIES
Outlook for dietary supplements remains bright
Dietary supplements looks set to perform well throughout the forecast period, with robust growth in total current value sales projected and all categories anticipated to expand consistently in volume terms. Rising health-consciousness will encourage more Costa Ricans to start regularly taking these products in an effort to improve physical and mental wellbeing and guard against various ailments.
Interest in herbal/traditional products expected to rise
Herbal/traditional varieties are expected to gain ground in dietary supplements over the forecast period. Demand will continue to be buoyed by the perception that because they are less processed and derive their nutritional content from natural sources, such products may be more easily absorbed by the body and therefore provide greater efficacy than those that are chemically synthesised.
Adoption of healthier eating habits likely to constrain growth potential
While the outlook for dietary supplements over the forecast period is positive, growth potential is likely to be tempered by the fact that more Costa Ricans are now attempting to improve general health and ward off illness by increasing their intake of nutrient-rich fresh foods and fortified/functional packaged foods. Moreover, as evidenced by the sharp downturn in demand that resulted from soaring inflation in 2022, because most people do not consider such items to be necessities, this category will continue to be particularly exposed to heightened budget-consciousness in times of greater economic hardship or uncertainty.
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.
Overview:
Understand the latest market trends and future growth opportunities for the Dietary supplements industry in Costa Rica 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 Dietary supplements industry in Costa Rica, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Dietary supplements in Costa Rica 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 Dietary supplements in Costa Rica?
- Which are the leading brands in Dietary supplements in Costa Rica?
- How are products distributed in Dietary supplements in Costa Rica?
- How has the regulatory and operating environment for Dietary supplements changed in Costa Rica?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for Dietary supplements
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
Dietary Supplements in Costa Rica - Category analysis
KEY DATA FINDINGS
Growing adoption of preventive health behaviours favours dietary supplements
Appreciation of local currency improves supply of imported brands
Products incorporating CBD become more widely available
Outlook for dietary supplements remains bright
Interest in herbal/traditional products expected to rise
Adoption of healthier eating habits likely to constrain growth potential
The following categories and subcategories are included:
Dietary supplements
- Combination Dietary Supplements
-
- Aloe
- Combination Herbal/Traditional Dietary Supplements
- Cranberry
- Echinacea
- Evening Primrose Oil
- Garlic
- Ginkgo Biloba
- Ginseng
- St John's Wort
- Other Herbal/Traditional Dietary Supplements
-
- Co-Enzyme Q10
- Combination Non-Herbal/Traditional Dietary Supplements
- Eye Health Supplements
- Fish Oils/Omega Fatty Acids
- Glucosamine
-
- Calcium Supplements
- Mineral Supplements
- Probiotic Supplements
- Protein Supplements
- Other Non-Herbal/Traditional Dietary Supplements
Dietary supplements
It is the aggregation of all dietary supplements: Minerals, fish oils/omega fatty acids, garlic, ginseng, ginkgo biloba, evening primrose oil, Echinacea, St John's Wort, protein supplements, probiotic supplements, eye health supplements, co-enzyme Q10, glucosamine, combination herbal/traditional supplements, non-herbal/traditional supplements, and all other dietary supplements specific to country coverage.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Dietary supplements research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!