PROSPECTS AND OPPORTUNITIES
Mature market and regulatory barriers to continue to constrain herbal product growth
Herbal/traditional products is expected to experience steady growth without significant expansion in the forecast period. Strict regulations from the Public Health Institute (ISP) and the Ministry of Health limit the introduction of new herbal products, requiring thorough quality and safety testing.
Passionflower remains a popular natural solution for sleep issues
Sleep issues have become increasingly common amongst the Chilean population, prompting many consumers to turn to natural remedies as an alternative to pharmaceuticals. Ingredients such as liquorice root, valerian, chamomile, and lavender are often promoted for their calming properties.
Rising awareness of mental health
Mental health has gained increasing visibility in recent years, particularly as the pandemic - and the extended periods of home isolation it caused - led to a rise in depression and anxiety. The government has supported awareness and prevention through initiatives such as the United for Mental Health campaign.
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Overview:
Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Chile 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 Herbal/Traditional Products industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Herbal/Traditional Products in Chile 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 Herbal/Traditional Products in Chile?
- Which are the leading brands in Herbal/Traditional Products in Chile?
- How are products distributed in Herbal/Traditional Products in Chile?
- How has the regulatory and operating environment for Herbal/Traditional Products changed in Chile?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for Herbal/Traditional Products
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
Herbal/Traditional Products in Chile - Category analysis
KEY DATA FINDINGS
Herbal products face regulatory barriers
Natural solutions support Megalabs’ leadership
Natural pharmacies gain traction as Chileans turn to herbal remedies
Mature market and regulatory barriers to continue to constrain herbal product growth
Passionflower remains a popular natural solution for sleep issues
Rising awareness of mental health
Consumer Health in Chile - Industry Overview
Consumer Health in 2025: The big picture
Key trends in 2025
Competitive landscape
Channel 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:
Herbal/Traditional Products
- Herbal/Traditional Topical Analgesics
- Herbal/Traditional Sleep Aids
- Herbal/Traditional Cough, Cold and Allergy (Hay Fever) Remedies
- Herbal/Traditional Digestive Remedies
- Herbal/Traditional Dermatologicals
- Herbal/Traditional Paediatric Dietary Supplements
- Herbal/Traditional Dietary Supplements
- Herbal/Traditional Tonics
Herbal/Traditional Products
Botanicals or traditional remedies are products that have a long tradition of use, decades of established reputation, and are considered alternative remedies to standard medicine. Traditional medicine remedies such as Ayurveda, Traditional Chinese Medicine (TCM), Unani, Kampo, etc. are included. Homeopathic remedies are excluded. Only packaged products are tracked.
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 Herbal/Traditional Products research and analysis database.
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