PROSPECTS AND OPPORTUNITIES
Continuing healthy growth over forecast period
Similar to other countries in the region, Costa Rica has a long and rich history of using herbal/traditional products as a natural medicine. Such is the popularity of such products is that there is also significant informal trade of herbal/traditional products.
Couugh and cold offerings continue to be popular
Cough, cold and allergy (hay fever remedies) will continue to be a significant product area in terms of value sales. Consumers will look to avoid standard OTC formulations that can leave them feeling drowsy or have other side effects and this will support sales of herbal/traditional products.
Increasing focus on gut health will support herbal/traditional products
There will be increasing interest in gut health, as science is coming to understand that the gut can have a significant effect on overall health. In addition, bad diets, partly due to more people eating out, is leading to more digestive issues.
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Overview:
Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Costa Rica 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 Costa Rica, 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 Costa Rica 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 Costa Rica?
- Which are the leading brands in Herbal/Traditional Products in Costa Rica?
- How are products distributed in Herbal/Traditional Products in Costa Rica?
- How has the regulatory and operating environment for Herbal/Traditional Products changed in Costa Rica?
- 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 Costa Rica - Category analysis
KEY DATA FINDINGS
Continuing heathy value sales
GNC continues to lead
Pharmacies offer the greatest variety
Continuing healthy growth over forecast period
Couugh and cold offerings continue to be popular
Increasing focus on gut health will support herbal/traditional products
Consumer Health in Costa Rica - 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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