"Digestive Remedies in Latvia" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Apr 03 2015

Since economic crisis, people’s lifestyle was changing to include increasing average pace of life and eating habits. Fast food restaurants were increasing in variety as there was increasing demand from customers. All of these factors negatively influenced the health of human body, thereby increasing the demand for digestive remedies. The most common pains that customers complained about to professionals were inflammation, flatulence and pain caused by overeating. Most frequent visitors for digestive remedies were city dwellers and women aged over twenty years old.

Competitive Landscape

Berlin-Chemie/Menarini Baltic SIA remained the leader within digestive remedies with 19% value share in Latvia in 2014. This was mainly due to its widely recognised and advertised brand names Espumisan and Mezym Forte. The company increased the advertising budget for Espumisan by 70%, while it decreased that for Mezym Forte. Most of the money was spent on TV advertisements as this was perceived as the most effective tool to reach the audience and educate them about the benefits of these products.

Full Report Details at
- http://www.fastmr.com/prod/972531_digestive_remedies_in_latvia.aspx?afid=301

Industry Prospects

It is expected that digestive remedies will see stable growth over the forecast period since economy is set to develop at a positive rate. The pace of life will increase, which will have negative effects on stress levels leading to digestive disorders. Furthermore, availability of fast food is increasing drastically, which means that eating habits are changing and this will contribute to digestive remedies growth over the forecast period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Digestive Remedies industry in Latvia 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 Digestive Remedies industry in Latvia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Digestive Remedies in Latvia 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 Digestive Remedies in Latvia?
* What are the major brands in Latvia?

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Contact Name: Bill Thompson
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