"Herbal/Traditional Products in Spain" Published

From: Fast Market Research, Inc.
Published: Wed Dec 16 2015

According to INFITO (the Spanish Research Centre for Phytotherapy), more than 30% of Spaniards use herbal products in order to treat health-related problems. Although this figure seems high, it is, according to trade sources, far from the level of consumption of herbal products in other European countries. In Spain in 2015, sales of herbal/traditional remedies reached €214 million, which was a 2% increase compared with the previous year.

Competitive Landscape

No major changes took place in herbal/traditional products in Spain in 2015, with Cadbury España and Arkopharma still leading sales. However, there is an important level of fragmentation in the category, as "others" still accounted for a 49% share of value sales in 2015.

Industry Prospects

The evolution of economic indicators, and especially the expected decline in the unemployment rate, linked to the expected growth in average disposable incomes, is set to be crucial in explaining the performance of herbal/traditional products in Spain. Herbal/traditional products is set to witness a value CAGR of 2% at constant 2015 prices over the forecast period.

Full Report Details at
- http://www.fastmr.com/prod/1082348_herbaltraditional_products.aspx?afid=301

Report Overview

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

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

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats

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