PROSPECTS AND OPPORTUNITIES
Modest growth for vitamins in the coming years
The vitamins market in Slovakia is expected to experience modest yet positive growth in both retail volume and constant value terms (at 2024 prices) over the forecast period. As the economic outlook improves, consumers are gradually returning to their pre-pandemic shopping habits, including the regular purchase of vitamins.
Traditional pharmacies will remain key channel for vitamins
Sales of vitamins through traditional pharmacies are expected to remain dominant in Slovakia, despite the growing influence of e-commerce. With over 2,200 pharmacies across the country - roughly one for every 2,500 inhabitants - Slovak consumers have long relied on the personalised advice of local pharmacists when it comes to vitamin intake, new brands, and promotions and this trusted relationship has fostered a strong preference for brick-and-mortar outlets.
Liposomal vitamins represent breakthrough in absorption and efficiency
Traditional vitamins come in familiar forms like tablets, capsules, or liquids. When consumed, they pass through the digestive system, where they are broken down and absorbed into the bloodstream.
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Overview:
Understand the latest market trends and future growth opportunities for the Vitamins industry in Slovakia 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 Vitamins industry in Slovakia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Vitamins in Slovakia 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 Vitamins in Slovakia?
- Which are the leading brands in Vitamins in Slovakia?
- How are products distributed in Vitamins in Slovakia?
- How has the regulatory and operating environment for Vitamins changed in Slovakia?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for Vitamins
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
Vitamins in Slovakia - Category analysis
KEY DATA FINDINGS
Vitamins market enters a correction phase, following pandemic-driven fluctuations
Multivitamins sees healthy performance
Low vitamin D intake in Slovakia could have health implications
Modest growth for vitamins in the coming years
Traditional pharmacies will remain key channel for vitamins
Liposomal vitamins represent breakthrough in absorption and efficiency
Consumer Health in Slovakia - 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:
Vitamins
- Multivitamins
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- Vitamin A
- Vitamin B
- Vitamin C
- Vitamin D
- Vitamin E
- Other Single Vitamins
Why 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 Vitamins research and analysis database.
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