Herbal/Traditional Products in Hungary: New research report available at Fast Market Research

2013 performance of herbal/traditional products in Bosnia-Herzegovina was weaker relative to the average annual growth recorded during the review period of -2% in current value terms. The weak economy and continued contraction of consumers' disposable income are the main reasons for the category's poor performance. Most consumers consider herbal/traditional products not as effective as pharmaceuticals or use these to complement pharmaceuticals, hence making them inessential during times of financial strain.

Competitive Landscape

Krka Farma, Engelhard Arzneimittel and Mentholatum led herbal and traditional products sales in Bosnia-Herzegovina in 2013 with respective value shares of 13%, 8% and 7%. Krka is a traditionally popular manufacturer in Bosnia-Herzegovina from the ex-Yugoslavia era and knows domestic consumers and their traditional medicines.

Full Report Details at
- http://www.fastmr.com/prod/830088_herbaltraditional_products_in_hungary.aspx?afid=301

Industry Prospects

Herbal/traditional products in Bosnia-Herzegovina are expected to perform better over the forecast period, relative to average growth recorded during the review period. The reasoning behind this claim is that the economy and consumers' disposable incomes will likely recover, supporting recovery of demand.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Herbal/Traditional Products industry in Bosnia-Herzegovina with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Herbal/Traditional Products industry in Bosnia-Herzegovina, our research will save you time and money while empowering you to make informed, profitable decisions.

The Herbal/Traditional Products in Bosnia-Herzegovina market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth  
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Herbal/Traditional Products in Bosnia-Herzegovina?
* What are the major brands in Bosnia-Herzegovina?
* What is the market size of Herbal/Traditional Products in Bosnia-Herzegovina?
* What are the major brands in Bosnia-Herzegovina?
* Are Ayurvedic or Traditional Chinese Medicine products available in Bosnia-Herzegovina?
* Which traditional products, like charcoal, bird's nest, camphor, valerian, or menthol, are popular?



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