PROSPECTS AND OPPORTUNITIES
Increasing segmentation over forecast period
Dietary supplements will register a marginal increase in constant value sales over the forecast period and there will continue to be launches of new offerings. There will still be demand for more traditional offerings such as calcium and magnesium.
Local players gain bigger foothold
As consumer demand for dietary supplements remains stable, local players will gain a larger foothold. Dietary supplements offered by Laboratorios Quinfica, Laboratorios Santa Fe and Farmamédica, among others, have slowly gained ground over the review period, with consumers appreciating their affordable pricing.
Environmental consciousness increasingly shape purchasing decisions
Concerns for the environment will increasingly impact purchase decisions. due to wider access to scientifically proven insights regarding global warming.
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Overview:
Understand the latest market trends and future growth opportunities for the Dietary supplements industry in Guatemala 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 Guatemala, 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 Guatemala 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 Guatemala?
- Which are the leading brands in Dietary supplements in Guatemala?
- How are products distributed in Dietary supplements in Guatemala?
- How has the regulatory and operating environment for Dietary supplements changed in Guatemala?
- 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 Guatemala - Category analysis
KEY DATA FINDINGS
Dietary supplements sees positive value growth
Direct sellers continue to dominate
Herbal/traditional supplements register highest value growth
Increasing segmentation over forecast period
Local players gain bigger foothold
Environmental consciousness increasingly shape purchasing decisions
Consumer Health in Guatemala - Industry Overview
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
The following categories and subcategories are included:
Dietary supplements
- 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
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.
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