Global Herbal/Traditional ProductsAudience, Geographies and Key Players 2021

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Due to COVID-19, consumer demand for products offering immunity and increasing personal wellbeing surged in 2020. Consumers tend to believe a stronger immune system will better defend the human body from infection. As well as vitamins, consumers also have a greater preference for herbal/traditional dietary supplements and tonics to boost immunity. The majority of consumers consider products made with natural or herbal ingredients to be best for immunity, health strengthening, and most importantl...

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Euromonitor International's Herbal/Traditional Products in Taiwan report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. Forecasts to 2024 illustrate how the market is set to change.

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Product coverage: Herbal/Traditional Cough, Cold and Allergy (Hay Fever) Remedies, Herbal/Traditional Dermatologicals, Herbal/Traditional Dietary Supplements, Herbal/Traditional Digestive Remedies, Herbal/Traditional Paediatric Dietary Supplements, Herbal/Traditional Sleep Aids, Herbal/Traditional Tonics, Herbal/Traditional Topical Analgesics.

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

Why buy this report?

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* Get a detailed picture of the Herbal/Traditional Products 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

KEY DATA FINDINGS

2020 IMPACT

Increased immunity awareness due to COVID-19 boosts demand for herbal/traditional dietary supplements

Herbal/traditional tonics category offers wide product range and natural positioning

Garlic’s COVID-19 boost not expected to continue over forecast period

RECOVERY AND OPPORTUNITIES

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Herbal/traditional products category to remain stable

Increasing trend towards herbal ingredients in sleep aids products

E-commerce set to see continued share gain

CATEGORY DATA

Table 1 Sales of Herbal/Traditional Products by Category: Value 2015-2020

Table 2 Sales of Herbal/Traditional Products by Category: % Value Growth 2015-2020

Table 3 NBO Company Shares of Herbal/Traditional Products: % Value 2016-2020

Table 4 LBN Brand Shares of Herbal/Traditional Products: % Value 2017-2020

Table 5 Forecast Sales of Herbal/Traditional Products by Category: Value 2020-2025

Table 6 Forecast Sales of Herbal/Traditional Products by Category: % Value Growth 2020-2025

EXECUTIVE SUMMARY

COVID-19 impact on consumer health

COVID-19 country impact

Company response

Retailing shift

What next for consumer health?

MARKET INDICATORS

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Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2015-2020

Table 8 Life Expectancy at Birth 2015-2020

MARKET DATA

Table 9 Sales of Consumer Health by Category: Value 2015-2020

Table 10 Sales of Consumer Health by Category: % Value Growth 2015-2020

Table 11 NBO Company Shares of Consumer Health: % Value 2016-2020

Table 12 LBN Brand Shares of Consumer Health: % Value 2017-2020

Table 13 Penetration of Private Label in Consumer Health by Category: % Value 2015-2020

Table 14 Distribution of Consumer Health by Format: % Value 2015-2020

Table 15 Distribution of Consumer Health by Format and Category: % Value 2020

Table 16 Forecast Sales of Consumer Health by Category: Value 2020-2025

Table 17 Forecast Sales of Consumer Health by Category: % Value Growth 2020-2025

APPENDIX

OTC registration and classification

Vitamins and dietary supplements registration and classification

Self-medication/self-care and preventative medicine

Switches

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

DEFINITIONS

SOURCES

Summary 1 Research Sources

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