New Consumer Health in Guatemala View larger

Consumer Health in Guatemala

M00011916

New product

In stock

$2,650.00

More info

Description

The COVID-19 pandemic created a significant disruption in Guatemala´s consumer health in 2020. Consumer health categories targeting the prevention of symptoms or treatment of COVID-19 symptoms were positively impacted. For example, vitamins, herbal/traditional dietary supplements and analgesics saw robust retail value sales growth. Other consumer health products that address the fallout as a result of the pandemic also performed well, e.g., sports non-protein products and both OTC and herbal/tra...

Euromonitor International's Consumer Health in Guatemala report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2016-2020, allowing you to identify the sectors driving growth. Forecasts to 2025 illustrate how the market is set to change.

Product coverage: Allergy Care, Herbal/Traditional Products, OTC, Paediatric Consumer Health, Sports Nutrition, Vitamins and Dietary Supplements, Weight Management and Wellbeing.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

Get a detailed picture of the Consumer Health market; Pinpoint growth sectors and identify factors driving change; Understand the competitive environment, the market's major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
Product Code: CHGT

TABLE OF CONTENTS

List Of Contents And Tables

EXECUTIVE SUMMARY

Consumer health in 2021: The big picture 2021 key trends Competitive landscape Retailing developments What next for consumer health?

MARKET INDICATORS

Table 1 Consumer Expenditure on Health Goods and Medical Services: Value 2016-2021 Table 2 Life Expectancy at Birth 2016-2021

MARKET DATA

Table 3 Sales of Consumer Health by Category: Value 2016-2021 Table 4 Sales of Consumer Health by Category: % Value Growth 2016-2021 Table 5 NBO Company Shares of Consumer Health: % Value 2017-2021 Table 6 LBN Brand Shares of Consumer Health: % Value 2018-2021 Table 7 Penetration of Private Label by Category: % Value 2016-2021 Table 8 Distribution of Consumer Health by Format: % Value 2016-2021 Table 9 Distribution of Consumer Health by Format and Category: % Value 2021 Table 10 Forecast Sales of Consumer Health by Category: Value 2021-2026 Table 11 Forecast Sales of Consumer Health by Category: % Value Growth 2021-2026

APPENDIX

OTC registration and classification Vitamins and dietary supplements registration and classification Self-medication/self-care and preventive medicine Switches

DISCLAIMER

DEFINITIONS

SOURCES

Summary 1 Research Sources

ANALGESICS IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Pain categorisation with appropriate marketing and dosage is being developed in 2021 Products that relieve COVID-19 symptoms see healthy sales growth in 2021 Companies diversify and offer multiple presentations of brands thanks to consumers' price sensitivity in 2021

PROSPECTS AND OPPORTUNITIES

Generics likely to increase value share during the forecast period thanks to increasing number of price sensitive consumers Acetaminophen set to continue benefitting from pandemic as consumers wish to relieve symptoms Distribution of analgesics will remain important during the forecast period

CATEGORY DATA

Table 12 Sales of Analgesics by Category: Value 2016-2021 Table 13 Sales of Analgesics by Category: % Value Growth 2016-2021 Table 14 NBO Company Shares of Analgesics: % Value 2017-2021 Table 15 LBN Brand Shares of Analgesics: % Value 2018-2021 Table 16 Forecast Sales of Analgesics by Category: Value 2021-2026 Table 17 Forecast Sales of Analgesics by Category: % Value Growth 2021-2026

COUGH, COLD AND ALLERGY (HAY FEVER) REMEDIES IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Herbal/traditional cough, cold and allergy (hay fever) remedies grow at the expense of standard products in 2021 International players retain strong presence with wide offerings in 2021 Manufacturers target single symptoms in cough, cold and allergy (hay fever) remedies in 2021

PROSPECTS AND OPPORTUNITIES

Demand for cough, cold and allergy (hay fever) remedies likely to slow during the forecast period Opportunity for players to expand into paediatric cough, cold and allergy remedies over the forecast period Increase in generics expected during the forecast period as consumers remain price sensitive

CATEGORY DATA

Table 18 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2016-2021 Table 19 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2016-2021 Table 20 NBO Company Shares of Cough, Cold and Allergy (Hay Fever) Remedies: % Value 2017-2021 Table 21 LBN Brand Shares of Cough, Cold and Allergy (Hay Fever) Remedies: % Value 2018-2021 Table 22 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2021-2026 Table 23 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2021-2026

DIGESTIVE REMEDIES IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Innovation in digestive remedies pays off in 2021 Other players continue to dominate sales of digestive remedies in 2021 Diarrhoeal remedies sees most dynamic growth in 2021

PROSPECTS AND OPPORTUNITIES

Demand for digestive remedies will rely on return to fast-paced daily routines during the forecast period Opportunity for players to invest in innovative products that prevent poor digestion during the forecast period Gut health is trending with scope for new players and products in the forecast period

CATEGORY DATA

Table 24 Sales of Digestive Remedies by Category: Value 2016-2021 Table 25 Sales of Digestive Remedies by Category: % Value Growth 2016-2021 Table 26 NBO Company Shares of Digestive Remedies: % Value 2017-2021 Table 27 LBN Brand Shares of Digestive Remedies: % Value 2018-2021 Table 28 Forecast Sales of Digestive Remedies by Category: Value 2021-2026 Table 29 Forecast Sales of Digestive Remedies by Category: % Value Growth 2021-2026

DERMATOLOGICALS IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Demand for dermatologicals sees slow recovery in 2021 Players are returning dermatologicals to shelves in 2021 after restricting availability in 2020 Nappy (diaper) rash treatments continues seeing sales growth in 2021

PROSPECTS AND OPPORTUNITIES

Struggling economy likely to lead to decreased sales growth during the forecast period Attitude surrounding taboo conditions likely to change during the forecast period thanks to educational campaigns Space for companies to enter with products that prevent symptoms during the forecast period

CATEGORY DATA

Table 30 Sales of Dermatologicals by Category: Value 2016-2021 Table 31 Sales of Dermatologicals by Category: % Value Growth 2016-2021 Table 32 NBO Company Shares of Dermatologicals: % Value 2017-2021 Table 33 LBN Brand Shares of Dermatologicals: % Value 2018-2021 Table 34 Forecast Sales of Dermatologicals by Category: Value 2021-2026 Table 35 Forecast Sales of Dermatologicals by Category: % Value Growth 2021-2026

WOUND CARE IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Wound care sees slow recovery in 2021 as consumers venture out of home once again BDF Centroamerica SA remains the convincing leader in wound care in 2021 Multinationals continue to have a strong presence in modern grocery retailers in 2021

PROSPECTS AND OPPORTUNITIES

Wound care unlikely to recover from the pandemic during the forecast period Opportunity for wound care to benefit from greater visibility and paediatric offering during the forecast period Demand for first aid kits expected to remain minimal during the forecast period

CATEGORY DATA

Table 36 Sales of Wound Care by Category: Value 2016-2021 Table 37 Sales of Wound Care by Category: % Value Growth 2016-2021 Table 38 NBO Company Shares of Wound Care: % Value 2017-2021 Table 39 LBN Brand Shares of Wound Care: % Value 2018-2021 Table 40 Forecast Sales of Wound Care by Category: Value 2021-2026 Table 41 Forecast Sales of Wound Care by Category: % Value Growth 2021-2026

VITAMINS IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Demand for vitamins remains buoyant thanks to continuing pandemic in 2021 Generics appeal to price sensitive consumers in 2021 Single vitamins more attractive to consumers than multivitamins in 2021

PROSPECTS AND OPPORTUNITIES

Demand for vitamins set to continue over the forecast period, albeit at a slower rate Guatemalans will continue to prefer single vitamins during the forecast period Demand for lower priced vitamins to boom during the forecast period

CATEGORY DATA

Table 42 Sales of Vitamins by Category: Value 2016-2021 Table 43 Sales of Vitamins by Category: % Value Growth 2016-2021 Table 44 Sales of Multivitamins by Positioning: % Value 2016-2021 Table 45 NBO Company Shares of Vitamins: % Value 2017-2021 Table 46 LBN Brand Shares of Vitamins: % Value 2018-2021 Table 47 Forecast Sales of Vitamins by Category: Value 2021-2026 Table 48 Forecast Sales of Vitamins by Category: % Value Growth 2021-2026

DIETARY SUPPLEMENTS IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Dietary supplements continues to benefit from pandemic in 2021 Direct selling remains the main selling channel for dietary supplements in 2021 GNC Guatemala benefits from advertising, e-commerce and stores in 2021

PROSPECTS AND OPPORTUNITIES

Dietary supplements set to see decreased demand during the forecast period Combination dietary supplements likely to benefit from male-specific products during the forecast period Consumers to continue seeking preventative solutions during the forecast period

CATEGORY DATA

Table 49 Sales of Dietary Supplements by Category: Value 2016-2021 Table 50 Sales of Dietary Supplements by Category: % Value Growth 2016-2021 Table 51 Sales of Dietary Supplements by Positioning: % Value 2016-2021 Table 52 NBO Company Shares of Dietary Supplements: % Value 2017-2021 Table 53 LBN Brand Shares of Dietary Supplements: % Value 2018-2021 Table 54 Forecast Sales of Dietary Supplements by Category: Value 2021-2026 Table 55 Forecast Sales of Dietary Supplements by Category: % Value Growth 2021-2026

WEIGHT MANAGEMENT AND WELLBEING IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Weight management and wellbeing benefits in 2021 from consumers' sedentary lifestyles Direct selling remains dominant in 2021 Abbott Laboratorios' brands particularly visible in modern grocery retailers in 2021

PROSPECTS AND OPPORTUNITIES

Slimming teas set to remain most demanded product during the forecast period Health and wellness trend to remain during the forecast period with consumers cooking more nourishing meals Shift likely to continue from weight loss products to wellbeing items during the forecast period

CATEGORY DATA

Table 56 Sales of Weight Management and Wellbeing by Category: Value 2016-2021 Table 57 Sales of Weight Management and Wellbeing by Category: % Value Growth 2016-2021 Table 58 NBO Company Shares of Weight Management and Wellbeing: % Value 2017-2021 Table 59 LBN Brand Shares of Weight Management and Wellbeing: % Value 2018-2021 Table 60 Forecast Sales of Weight Management and Wellbeing by Category: Value 2021-2026 Table 61 Forecast Sales of Weight Management and Wellbeing by Category: % Value Growth 2021-2026

SPORTS NUTRITION IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Demand for sports nutrition falls as consumers lead sedentary lifestyles in 2021 Illegally sold sports nutrition leads to fewer legal sales in 2021 Direct selling remains key while e-commerce becomes more popular in 2021

PROSPECTS AND OPPORTUNITIES

Sports nutrition set to continue its decline in demand during the forecast period Consumer base likely to expand during the forecast period as more women buy sports nutrition Plant based sports nutrition likely to become increasingly popular during the forecast period

CATEGORY DATA

Table 62 Sales of Sports Nutrition by Category: Value 2016-2021 Table 63 Sales of Sports Nutrition by Category: % Value Growth 2016-2021 Table 64 NBO Company Shares of Sports Nutrition: % Value 2017-2021 Table 65 LBN Brand Shares of Sports Nutrition: % Value 2018-2021 Table 66 Forecast Sales of Sports Nutrition by Category: Value 2021-2026 Table 67 Forecast Sales of Sports Nutrition by Category: % Value Growth 2021-2026

HERBAL/TRADITIONAL PRODUCTS IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Home-made remedies stifle sales growth of herbal/traditional products in 2021 Herbal/traditional sleep aids continues to perform well in 2021 thanks to consumers' increased anxiety and stress Herbalife continues to lead the competitive landscape in 2021

PROSPECTS AND OPPORTUNITIES

Demand for herbal/traditional cough, cold and allergy (hay fever) likely to continue during the forecast period despite demand for other products declining Manufacturers of OTC consumer health set to include natural ingredients to their formulae to lure consumers during the forecast period Innovation and new product development likely during the forecast period

CATEGORY DATA

Table 68 Sales of Herbal/Traditional Products: Value 2016-2021 Table 69 Sales of Herbal/Traditional Products: % Value Growth 2016-2021 Table 70 NBO Company Shares of Herbal/Traditional Products: % Value 2017-2021 Table 71 LBN Brand Shares of Herbal/Traditional Products: % Value 2018-2021 Table 72 Forecast Sales of Herbal/Traditional Products: Value 2021-2026 Table 73 Forecast Sales of Herbal/Traditional Products: % Value Growth 2021-2026

PAEDIATRIC CONSUMER HEALTH IN GUATEMALA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Paediatric consumer health's performance continues to vary across product areas in 2021 Parents hesitate to self-medicate their children Limited variety of OTC products hampers sales growth in 2021

PROSPECTS AND OPPORTUNITIES

Overall paediatric consumer health likely to see decrease in demand during the forecast period Paediatric vitamins and dietary supplements set to benefit from toddlers that are picky eaters as well as immune boosting perception during the forecast period Paediatric health/traditional products an opportunity for players to explore during the forecast period

CATEGORY DATA

Table 74 Sales of Paediatric Consumer Health by Category: Value 2016-2021 Table 75 Sales of Paediatric Consumer Health by Category: % Value Growth 2016-2021 Table 76 Sales of Paediatric Vitamins and Dietary Supplements by Type: % Value 2016-2021 Table 77 Forecast Sales of Paediatric Consumer Health by Category: Value 2021-2026 Table 78 Forecast Sales of Paediatric Consumer Health by Category: % Value Growth 2021-2026