The use of alternative medicines and pain treatments such as CBD, acupuncture, and reiki, as well as the use of herbs and spices, is expected to continue to evolve at steady pace over the forecast period. New Zealand’s medicinal cannabis scheme enables commercial cultivation of cannabis for medicinal use.
Despite the challenge from alternative forms of pain relief, analgesics is still projected to record stable growth in value terms (at constant 2022 prices) over the forecast period. People suffering from chronic pain are expected to help drive the growth of some analgesics, namely adult acetaminophen, adult ibuprofen and adult diclofenac.
New Zealand’s population is ageing, with over a quarter of the population predicted to be over 65 by 2048. This will likely be a positive for sales of analgesics over the forecast period, as older people tend to take analgesics more frequently to treat chronic conditions such as arthritis, headaches and migraines.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in New Zealand 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.
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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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