PROSPECTS AND OPPORTUNITIES
Consumer awareness and local production to drive demand
Digestive remedies are expected to maintain positive growth over the forecast period, with volume and current value sales continuing to rise across most product areas. Higher consumer awareness of digestive health, coupled with an increasing trend towards self-medication, will be key drivers of demand.
Maturity and economic downturn pose challenges to growth
Despite the positive outlook, the growth of digestive remedies is expected to slow down due to increasing maturity in many product segments. No major new product developments are anticipated, and leading players are likely to maintain stable pricing due to the government’s strict price control policies.
Domestic players set to increase production capacity
Algeria's government has consistently promoted increases in domestic production volumes for OTC medicines, and this trend is expected to continue over the forecast period. Local manufacturers of digestive remedies are likely to expand their production capacity in response to growing demand.
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Overview:
Understand the latest market trends and future growth opportunities for the Digestive Remedies industry in Algeria 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 Digestive Remedies industry in Algeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Digestive Remedies in Algeria 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 Digestive Remedies in Algeria?
- Which are the leading brands in Digestive Remedies in Algeria?
- How are products distributed in Digestive Remedies in Algeria?
- How has the regulatory and operating environment for Digestive Remedies changed in Algeria?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for Digestive Remedies
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
Digestive Remedies in Algeria - Category analysis
KEY DATA FINDINGS
Traditional dietary habits and busy lifestyles sustain demand
IBS treatments remain the best performing category
Price hikes and economic uncertainty encourage shift to cheaper brands
Consumer awareness and local production to drive demand
Maturity and economic downturn pose challenges to growth
Domestic players set to increase production capacity
Consumer Health in Algeria - 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:
Digestive Remedies
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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
Digestive Remedies
Includes remedies designed and marketed to treat gastrointestinal problems.
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 Digestive Remedies research and analysis database.
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