PROSPECTS AND OPPORTUNITIES
Rise of preventive health measures could be major growth moderator
The market for digestive remedies in Taiwan is projected to contract in constant value terms (2024 prices) over the forecast period. This decline is primarily due to a growing trend among Taiwanese consumers towards preventive measures aimed at enhancing gut health and minimising the risk of common digestive issues such as indigestion, diarrhoea, and constipation.
Hectic lifestyles will contribute to high incidence of digestive issues
While many Taiwanese individuals are expected to adopt a more proactive approach to their digestive health, this trend may be somewhat counterbalanced by increasingly hectic lifestyles that often lead to unhealthy eating habits. Many individuals find themselves skipping meals, eating too quickly, and frequently consuming highly processed convenience foods.
Ageing population is poised to drive demand and spark further innovation, while products for children also offer market opportunities
Taiwan's ageing population remains a significant driver of demand for digestive remedies. As individuals age, they face a heightened risk of digestive problems, including constipation, heartburn, and difficulties digestive certain foods, which will likely sustain the need for various digestive remedies, such as digestive enzymes, laxatives, diarrhoeal remedies and antiflatulents.
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Overview:
Understand the latest market trends and future growth opportunities for the Digestive Remedies industry in Taiwan 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 Taiwan, 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 Taiwan 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 Taiwan?
- Which are the leading brands in Digestive Remedies in Taiwan?
- How are products distributed in Digestive Remedies in Taiwan?
- How has the regulatory and operating environment for Digestive Remedies changed in Taiwan?
- 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 Taiwan - Category analysis
KEY DATA FINDINGS
Digestive issues remain widespread in Taiwan
Digestive enzymes represent a promising growth area
Herbal/ traditional digestive remedies remain popular
Rise of preventive health measures could be major growth moderator
Hectic lifestyles will contribute to high incidence of digestive issues
Ageing population is poised to drive demand and spark further innovation, while products for children also offer market opportunities
Consumer Health in Taiwan - 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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