PROSPECTS AND OPPORTUNITIES
Preference for holistic health solutions could hamper sales of digestive remedies
The market for digestive remedies in Singapore will continue to expand in constant value (2024 prices) terms over the forecast period, despite the fact that consumers are increasingly embracing a holistic approach to their health. This philosophy emphasises not just physical health but also mental and emotional wellness, leading individuals to adopt healthier eating habits, reduce stress, and improve sleep quality - all of which can positively impact digestive health.
Increasingly sophisticated weight management products may pose competitive threat to laxatives
In Singapore, there is a growing concern among consumers about weight gain, leading many to seek effective and safe weight management solutions. While some individuals have resorted to restrictive diets, excessive exercise, and the use of laxatives for weight control, these methods have raised health concerns.
Growing interest in probiotics will suppress demand for digestive remedies
Increased consumption of probiotic-rich products has significantly improved digestive health among residents of Singapore, helping to alleviate symptoms related to poor gut health. Recent beta testing conducted by retail pharmacy chain Watsons, which included feedback from in-house pharmacists, revealed that the use of probiotics is widespread across various age groups in Singapore.
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Overview:
Understand the latest market trends and future growth opportunities for the Digestive Remedies industry in Singapore 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 Singapore, 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 Singapore 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 Singapore?
- Which are the leading brands in Digestive Remedies in Singapore?
- How are products distributed in Digestive Remedies in Singapore?
- How has the regulatory and operating environment for Digestive Remedies changed in Singapore?
- 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 Singapore - Category analysis
KEY DATA FINDINGS
Rising demand for digestive remedies as dining habits shift post-pandemic
Focus on preventive health increases demand for vitamins over digestive remedies
Singaporeans continue to place strong trust in herbal/traditional diarrhoeal remedies
Preference for holistic health solutions could hamper sales of digestive remedies
Increasingly sophisticated weight management products may pose competitive threat to laxatives
Growing interest in probiotics will suppress demand for digestive remedies
Consumer Health in Singapore - 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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