Chile has experienced one of the largest impacts of inflation in the region, with 2022 marking its highest figure in decades. This situation resulted in consumers becoming increasingly cautious with their expenses, and constantly seeking discounts and promotions to alleviate economic pressure.
Considering the growing global trend towards natural and alternative healthcare solutions, there is a noticeable shift in consumer preferences towards holistic and natural remedies, leading to greater demand for herbal/traditional options in Chile. As consumers become increasingly health-conscious and seek alternative options, there might be a growing interest in analgesics derived from natural sources or those that incorporate alternative pain relief methods.
CBD continues to gain popularity as an alternative wellness product globally, and it will also continue to make its presence known in Chile. CBD is a non-psychoactive compound found in cannabis plants and is believed to offer potential therapeutic benefits, including pain relief.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Chile with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Analgesics industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Analgesics
Analgesics cover systemic and topical pain relievers. Products which include a pain-relief ingredient in addition to another core function are excluded (e.g. a sore throat remedy which includes paracetamol is excluded from the analgesics and instead is included in pharyngeal remedies).
See All of Our DefinitionsThis report originates from Passport, our Analgesics research and analysis database.
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