Product Code: CHRI
TABLE OF CONTENTS
List Of Contents And Tables
EXECUTIVE SUMMARY
Consumer health in 2021
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 Distribution of Consumer Health by Format: % Value 2016-2021
Table 8 Distribution of Consumer Health by Format and Category: % Value 2021
Table 9 Forecast Sales of Consumer Health by Category: Value 2021-2026
Table 10 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 COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Acetaminophen is the go-to analgesic for COVID-19-related symptoms
Ongoing consequences of the COVID-19 pandemic threaten demand slightly
GlaxoSmithKline de Costa Rica (GSK) and Bayer Centroamerica y El Caribe remain leading players in 2021
PROSPECTS AND OPPORTUNITIES
Analgesics for headaches set to perform well in 2022 and beyond
Apps, e-commerce, and online advertising boom in the coming years
Generics expected to suffer due to the growing availability of economy options
CATEGORY DATA
Table 11 Sales of Analgesics by Category: Value 2016-2021
Table 12 Sales of Analgesics by Category: % Value Growth 2016-2021
Table 13 NBO Company Shares of Analgesics: % Value 2017-2021
Table 14 LBN Brand Shares of Analgesics: % Value 2018-2021
Table 15 Forecast Sales of Analgesics by Category: Value 2021-2026
Table 16 Forecast Sales of Analgesics by Category: % Value Growth 2021-2026
COUGH, COLD AND ALLERGY (HAY FEVER) REMEDIES IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Safety measures lead to less coughs and cold which ultimately reduces demand
Paediatric allergy remedies sees the most dynamic performance in 2021
International players continue to lead in 2021
PROSPECTS AND OPPORTUNITIES
Preventative health approach will raise importance of functional ingredients and product efficacy
Allergy remedies sees one of the most dynamic performances in 2022 and beyond
Nasal decongestant plasters made with herbal/natural ingredients offers room for growth
CATEGORY DATA
Table 17 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2016-2021
Table 18 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2016-2021
Table 19 NBO Company Shares of Cough, Cold and Allergy (Hay Fever) Remedies: % Value 2017-2021
Table 20 LBN Brand Shares of Cough, Cold and Allergy (Hay Fever) Remedies: % Value 2018-2021
Table 21 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2021-2026
Table 22 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2021-2026
DIGESTIVE REMEDIES IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Eating out less and increased sanitation reduces the need for diarrhoeal remedies
Stress-induced digestive issues see IBS treatments continue to perform well
Bayer Centroamerica y El Caribe and GlaxoSmithKline de Costa Rica SA (GSK) continue to lead in 2021
PROSPECTS AND OPPORTUNITIES
Diarrhoeal remedies face ongoing decreased demand in 2022 and beyond
Natural proposals anticipated to rise
Antacids see healthy growth over the forecast period due to increased stressed
CATEGORY DATA
Table 23 Sales of Digestive Remedies by Category: Value 2016-2021
Table 24 Sales of Digestive Remedies by Category: % Value Growth 2016-2021
Table 25 NBO Company Shares of Digestive Remedies: % Value 2017-2021
Table 26 LBN Brand Shares of Digestive Remedies: % Value 2018-2021
Table 27 Forecast Sales of Digestive Remedies by Category: Value 2021-2026
Table 28 Forecast Sales of Digestive Remedies by Category: % Value Growth 2021-2026
DERMATOLOGICALS IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Ongoing reduced demand for antiparasitics/lice (head and body) treatments in 2021, despite schools reopening
Nappy (diaper) rash treatments and hair loss treatments respond well to the COVID-19 pandemic
International players continue to lead in 2021
PROSPECTS AND OPPORTUNITIES
Trends created by the COVID-19 pandemic continue in 2022 and beyond
Potential growth opportunity for paediatric dermatologicals
New development opportunities lie in effective herbal-based dermatological proposals, with a specific focus on millennial buyers
CATEGORY DATA
Table 29 Sales of Dermatologicals by Category: Value 2016-2021
Table 30 Sales of Dermatologicals by Category: % Value Growth 2016-2021
Table 31 NBO Company Shares of Dermatologicals: % Value 2017-2021
Table 32 LBN Brand Shares of Dermatologicals: % Value 2018-2021
Table 33 Forecast Sales of Dermatologicals by Category: Value 2021-2026
Table 34 Forecast Sales of Dermatologicals by Category: % Value Growth 2021-2026
WOUND CARE IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Wound care sees an improved performance, but demand remains lower than prior to the COVID-19 pandemic
Innovations remain sparse and few options are available
BDF Centroamerica SA and 3M Costa Rica SA continue to lead wound care in 2021
PROSPECTS AND OPPORTUNITIES
Many consumers continue to make their own first aid kits in 2022 and beyond
Adhesive Bandages
Development of natural-based products with botanical extracts expected to gain momentum amongst millennial
CATEGORY DATA
Table 35 Sales of Wound Care by Category: Value 2016-2021
Table 36 Sales of Wound Care by Category: % Value Growth 2016-2021
Table 37 NBO Company Shares of Wound Care: % Value 2017-2021
Table 38 LBN Brand Shares of Wound Care: % Value 2018-2021
Table 39 Forecast Sales of Wound Care by Category: Value 2021-2026
Table 40 Forecast Sales of Wound Care by Category: % Value Growth 2021-2026
VITAMINS IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Vitamin C continues to see the most dynamic current value growth even as the pandemic gradually comes to an end
Multivitamins slowly gain popularity, especially those for children
PROSPECTS AND OPPORTUNITIES
Multivitamins benefits from the newfound preventative attitude consumers now have
Consumers will remain focused on boosting their immune systems
Growth will continue to be driven by higher income segments in 2022 and beyond
CATEGORY DATA
Table 41 Sales of Vitamins by Category: Value 2016-2021
Table 42 Sales of Vitamins by Category: % Value Growth 2016-2021
Table 43 Sales of Multivitamins by Positioning: % Value 2016-2021
Table 44 NBO Company Shares of Vitamins: % Value 2017-2021
Table 45 LBN Brand Shares of Vitamins: % Value 2018-2021
Table 46 Forecast Sales of Vitamins by Category: Value 2021-2026
Table 47 Forecast Sales of Vitamins by Category: % Value Growth 2021-2026
DIETARY SUPPLEMENTS IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Zinc continues to perform well as it is believed to help prevent COVID-19
Fish oils remain one of the most well-known supplements despite being unimpacted by the pandemic
GNC Costa Rica continues to pose a threat to leading player Ronav SA
PROSPECTS AND OPPORTUNITIES
Multiple growth opportunities within dietary supplements are expected to be utilised in 2022 and beyond
Consumers become increasingly knowledgeable about the benefits of dietary supplements
More and more niche supplements expected to become popular over the forecast period
CATEGORY DATA
Table 48 Sales of Dietary Supplements by Category: Value 2016-2021
Table 49 Sales of Dietary Supplements by Category: % Value Growth 2016-2021
Table 50 Sales of Dietary Supplements by Positioning: % Value 2016-2021
Table 51 NBO Company Shares of Dietary Supplements: % Value 2017-2021
Table 52 LBN Brand Shares of Dietary Supplements: % Value 2018-2021
Table 53 Forecast Sales of Dietary Supplements by Category: Value 2021-2026
Table 54 Forecast Sales of Dietary Supplements by Category: % Value Growth 2021-2026
WEIGHT MANAGEMENT AND WELLBEING IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Supplement nutrition drinks continues to be used for COVID-19 patients in 2021
Meal replacement products continue to lag, further worsened by the COVID-19 pandemic
Leading player Herbalife International Costa witnesses further decline in 2021 due to the overall low demand for weight management and wellbeing
PROSPECTS AND OPPORTUNITIES
Slimming teas become increasingly accessible in 2022 and beyond
Supplement nutrition drinks remain priority product over the forecast period
More and more consumers want natural based products
CATEGORY DATA
Table 55 Sales of Weight Management and Wellbeing by Category: Value 2016-2021
Table 56 Sales of Weight Management and Wellbeing by Category: % Value Growth 2016-2021
Table 57 NBO Company Shares of Weight Management and Wellbeing: % Value 2017-2021
Table 58 LBN Brand Shares of Weight Management and Wellbeing: % Value 2018-2021
Table 59 Forecast Sales of Weight Management and Wellbeing by Category: Value 2021-2026
Table 60 Forecast Sales of Weight Management and Wellbeing by Category: % Value Growth 2021-2026
SPORTS NUTRITION IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Home workouts and reduced disposable incomes continue to limit the demand for sports nutrition in 2021
Protein powder increasingly used in diets but faces challenges due to its high price points
GNC Costa Rica SA continues to lead in 2021
PROSPECTS AND OPPORTUNITIES
Return to normality boosts demand over the forecast period
Protein powder and RTD powder set to perform well in 2022 and beyond
Non-protein products continue to be used by sports enthusiasts over the forecast period
CATEGORY DATA
Table 61 Sales of Sports Nutrition by Category: Value 2016-2021
Table 62 Sales of Sports Nutrition by Category: % Value Growth 2016-2021
Table 63 NBO Company Shares of Sports Nutrition: % Value 2017-2021
Table 64 LBN Brand Shares of Sports Nutrition: % Value 2018-2021
Table 65 Forecast Sales of Sports Nutrition by Category: Value 2021-2026
Table 66 Forecast Sales of Sports Nutrition by Category: % Value Growth 2021-2026
HERBAL/TRADITIONAL PRODUCTS IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Herbal/traditional sleep aids sees the most dynamic performance once again in 2021
Herbal/traditional products continue to be used to boost immunity
GNC Costa Rica SA continues to lead in 2021 after overtaking Ayurveda Centroamericana SA
PROSPECTS AND OPPORTUNITIES
Education boosts the awareness of herbal/traditional products over the forecast period
Local brands and direct sellers set to increase competition
E-commerce is set to become increasingly popular in 2022 and beyond
CATEGORY DATA
Table 67 Sales of Herbal/Traditional Products: Value 2016-2021
Table 68 Sales of Herbal/Traditional Products: % Value Growth 2016-2021
Table 69 NBO Company Shares of Herbal/Traditional Products: % Value 2017-2021
Table 70 LBN Brand Shares of Herbal/Traditional Products: % Value 2018-2021
Table 71 Forecast Sales of Herbal/Traditional Products: Value 2021-2026
Table 72 Forecast Sales of Herbal/Traditional Products: % Value Growth 2021-2026
PAEDIATRIC CONSUMER HEALTH IN COSTA RICA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Despite the unavailability of paediatric digestive remedies, parents find other means to purchase such items
New COVID-19 safety measures in schools shift demand for products
Parents continue to supply their children with vitamin C and multivitamins to boost immunity health
PROSPECTS AND OPPORTUNITIES
Paediatric multivitamins and allergy remedies continue benefiting from the COVID-19 pandemic
Digestive remedies continue to be in high demand despite its unavailability
Dynamic online selling platforms set to support growth over the forecast period
CATEGORY DATA
Table 73 Sales of Paediatric Consumer Health by Category: Value 2016-2021
Table 74 Sales of Paediatric Consumer Health by Category: % Value Growth 2016-2021
Table 75 Sales of Paediatric Vitamins and Dietary Supplements by Type: % Value 2016-2021
Table 76 Forecast Sales of Paediatric Consumer Health by Category: Value 2021-2026
Table 77 Forecast Sales of Paediatric Consumer Health by Category: % Value Growth 2021-2026
