Analgesics in Portugal - New Market Research Report

From: Fast Market Research, Inc.
Published: Tue Dec 08 2015

The review period was difficult for many people, as economic issues prevailed and lifestyles became more hectic. Stress is perceived as one of the most pressing health concerns affecting consumers today. An increasing number of Portuguese consumers are suffering from different kinds of physical pain, including headache, stomach ache or backache, mainly caused by increased exposure to stress. A recent study pointed out that 30% of Portugal’s adult population suffers from chronic pain.

Competitive Landscape

Novartis Farma - Produtos Farmaceuticos retained its leading position in analgesics in 2015, with a 15% value share. This strong position is due to the fact that Novartis Farma is the only player present in OTC adult diclofenac with its Voltaren brand. Nevertheless, the company is also present in other categories, enabling it to sustain this leading position, although its shares are smaller. In adult acetaminophen its Parsel brand accounted for a 4% value share. In adult ibuprofen Dolocyl held a 2% share, and finally its Voltaren Emulgel brand led topical analgesics/anaesthetic with an 18% value share in 2015.

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Industry Prospects

Over the forecast period analgesics is expected to see a positive performance. The category will be influenced by the continued high prevalence of pain amongst Portuguese consumers, caused by increased exposure to stress, hectic lifestyles and the ageing population. Secondly, growing health awareness amongst the Portuguese population is expected to contribute to a greater consumer willingness to self-medicate over the forecast period.

Report Overview

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

The Analgesics in Portugal 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 Analgesics in Portugal?
* What are the major brands in Portugal?
* Are combination products with acetaminophen still popular?

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