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Consumer Health in Georgia

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Compared to the previous year when, despite certain restrictions, many OTC product areas saw faster growth than usual as consumers, not knowing what to expect during unprecedented lockdown measures, began to stockpile products across consumer health, there is more of a sense of certainty and stability among consumers in Georgia and demand in many product areas in consumer health shows a similar pattern to that observed before the COVID-19 pandemic. Retail current value growth in consumer health...

Euromonitor International's Consumer Health in Georgia 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: CHGG

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 Summary 1 OTC: Switches 2020-2021

DISCLAIMER

DEFINITIONS

SOURCES

Summary 2 Research Sources

ANALGESICS IN GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Self-medication behind growing demand for analgesics as consumers avoid hospitals Fastum Gel leads topical analgesics with strong promotional activity and word of mouth recommendations counting in its favour Low prices and advertising prove key to success as Aversi and Ketonal retain strong presence in analgesics

PROSPECTS AND OPPORTUNITIES

Ibuprofen and Ketoprofen are seen as a safer option than Acetaminophen Paediatric analgesics will lead growth in analgesics as it gains momentum Rising tourism and increased interest in evolving product areas to drive analgesic sales over 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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Urban landscapes in Georgia sustain demand for cough, cold and allergy (hay fever) remedies Local companies benefit from low prices and distribution GSK continues to lead thanks to wide portfolio despite sale of Coldrex to STADA

PROSPECTS AND OPPORTUNITIES

Products aimed at children expected to drive growth in cough, cold and allergy (hay fever) remedies Inhalant decongestants continue to perform well as consumers learn about product ranges Consumers' engrained habit of using nasal decongestants might continue to negatively affect demand for oral decongestants

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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Restaurants closures and sedentary lifestyle during pandemic lead to growth in demand for digestive enzymes and laxatives Menarini and Sanofi battle for lead as local producers struggle to succeed against strong international presence Product bans lead to switches following bans in other European countries

PROSPECTS AND OPPORTUNITIES

Increasing awareness of health and wellness to drive growth in probiotic products Gastro-tourism and the appeal of rich, traditional Georgian cuisine is expected to boost volume sales in the forecast period Underdeveloped paediatric digestive remedies is set to develop, albeit from a low sales base

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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Hair loss treatments continues to grow despite reduction in consumers' disposable incomes Nizhpharm to dominate dermatologicals as Laboratoire Innotech International leads vaginal antifungals Local player Turmanidze enjoys comfortable position through stable and loyal consumer base

PROSPECTS AND OPPORTUNITIES

Topical antifungals to drive growth in the category as antiparasitics/lice (head and body) treatments grow from very low base Hair loss treatments benefits from increased consumer awareness Change in distribution channels set to drive growth of smaller categories

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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Easing of COVID-19 related restrictions benefits sales in wound care as customers spend more time outdoors Betasan AS leads category thanks to strong distribution Pandemic drives growth of local producers as transport becomes more difficult

PROSPECTS AND OPPORTUNITIES

Tourism to boost sales in wound care as car inspections could lead to uptake in first aid kits sales Price will remain a key factor in wound care as consumers seek cheap and basic products Unbranded Chinese products could lead to further price reductions

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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Pandemic boosts growth of category as consumers are informed about the benefits of certain vitamins in the face of COVID-19 Brand loyalty a key factor in multivitamins as product area remains competitive Altayyitaminy ZAO leads single vitamins with its vitamin C products

PROSPECTS AND OPPORTUNITIES

Surge in demand for Vitamin D caused by COVID-19 could lead to continued growth Other single vitamins shows high growth rate but will have little effect on the category as a whole Vitamins set to grow due to stress and rise in disposable income following COVID-19 outbreak

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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Upward trend resumes in 2021 driven by the increasing awareness of the benefits of dietary supplements to health and wellbeing GM pharmaceuticals to lead the local presence in the category as international player Krka dd Novo Mesto retains position as overall leader Co-enzyme Q10 to lead fragmented category thanks to older consumers

PROSPECTS AND OPPORTUNITIES

Performance of dietary supplements set to improve as population of over 50s in Georgia grows Dietary supplements expected to expand through e-commerce Success of Laboratoires Vitarmonyl to drive sales of fish oils

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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Sedentary lifestyle during multiple lockdowns, and consequentially weight gain, boosts demand for weight management and wellbeing products in 2021 Regency Teas Ltd leads slimming teas as local players retain position in category Oriflame and Faberlic maintain regular and stable presence in category

PROSPECTS AND OPPORTUNITIES

Weight loss supplements remain main generator of revenue due to limited awareness Direct selling grows as a distribution channel in weight management and wellbeing Negative perceptions of category restrict growth, although changing lifestyles leave room for development

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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Gym reopening and resumption of outdoor sports activities benefit sports nutrition sales in 2021, as well as the growing popularity of protein/energy bars New products introduced to already fragmented category, challenging more established players Leader Trec Nutrition benefits from advertising and positioning in pharmacies and gyms

PROSPECTS AND OPPORTUNITIES

Healthier lifestyles and wider product availability support further dynamic growth in the forecast period Convenience trend to drive sales of single use protein products E-commerce continues to grow thanks to young target consumers

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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Wide availability of herbs at chemists/pharmacies and grocery stores, and the tradition of foraging for herbs, hamper growth of industrially produced OTC herbal/traditional products GMP to lead category as local producers compete with more expensive imported options International companies dominate herbal/traditional cough, cold and allergy (hay fever) remedies and herbal/traditional digestive remedies

PROSPECTS AND OPPORTUNITIES

Sales of herbal/traditional cough, cold and allergy (hay fever) remedies boosted by environmental issues Herbal/traditional products is expected to expand, driven by demand for herbal/traditional sleep aids Low unit prices will continue to characterise the expanding category

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 GEORGIA

KEY DATA FINDINGS

2021 DEVELOPMENTS

Paediatric consumer health remains underdeveloped in Georgia GSK and Takeda set to remain leading players in paediatric consumer health Teva Pharmaceutical Industries Ltd and local producers GM and Aversi Rationale to enter the mix as category continues to evolve

PROSPECTS AND OPPORTUNITIES

Paediatric diarrhoeal remedies will see the highest growth, whilst paediatric vitamins and dietary supplements remains the key generator of sales Paediatric vitamins and dietary supplements set to evolve, including formats that are more appealing to children Underdeveloped paediatric consumer health set to develop, increasing competition amongst producers and channels

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