New Market Report: Herbal/Traditional Products in Peru

Herbal/traditional products are traditionally acquired only by low-income individuals; however, nowadays these types of products are consumed by middle-income and even high-income individuals who are looking to treat a specific health issue with a natural option. In Lima, where availability of modern medicine is widespread, herbal/traditional products are increasing in availability; however, in cities far away from Lima or rural areas the herbal/traditional products are the most common and sometimes the recipes, dosages and preparations are passed from one generation to another.

Competitive Landscape

The leading company in herbal/traditional products in 2015 is Laboratorios Garden House with 23% retail value share with its brand Ciruelax, a natural laxative which is highly available through different outlet types and also is well known by the Peruvian population for providing effective and rapid solutions to their digestive problems.

Full Report Details at
- http://www.fastmr.com/prod/1082340_herbaltraditional_products.aspx?afid=301

Industry Prospects

In the forecast period, herbal/traditional products is expected to record a retail value CAGR of 4% at constant 2015 prices; the consumption in the future has been estimated with a conservative approach because the Peruvian economy is in the process of recovery from the deceleration experienced since the end of 2013.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Herbal/Traditional Products industry in Peru 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 Peru, our research will save you time and money while empowering you to make informed, profitable decisions.

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



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