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

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

One of the categories to have benefited most from growing health and wellness awareness among local consumers in Macedonia was herbal/traditional products. In 2015, current value sales grew by 8% to reach MKD462 million. In 2015, herbal/traditional cough, cold and allergy (hay fever) remedies led with a 24% share of retail value sales of herbal/traditional products, closely followed by herbal/traditional dietary supplements.

Competitive Landscape

In 2015, Krka Farma leads herbal/traditional products in Macedonia, with a 11% retail value share, closely followed by Fitopharm (11%). The leading herbal/traditional products include Herbion (Krka Farma), Valeriana (Fitopharm), Jecogal Oil (Galafarm), Dr Theiss (Dr Theiss Naturwaren) and Apikompleks (Medex dd).

Full Report Details at
- http://www.fastmr.com/prod/1082335_herbaltraditional_products.aspx?afid=301

Industry Prospects

Thanks to the growing self-medication trend and the switch from standard (non-herbal) to herbal/traditional products, strong retail value sales growth is also expected over the forecast period. A 5% value CAGR at constant 2015 prices is projected for the forecast period to reach MKD599 million by 2020.

Report Overview

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

The Herbal/Traditional Products in Macedonia 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 Macedonia?
* What are the major brands in Macedonia?
* What is the market size of Herbal/Traditional Products in Macedonia?
* What are the major brands in Macedonia?
* Are Ayurvedic or Traditional Chinese Medicine products available in Macedonia?
* 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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