Sales of digestive remedies are set to perform well over the forecast period, with moderate retail sales growth in volume and constant value terms projected for most categories This can mostly be attributed to higher consumer awareness regarding the availability of these products and the rise in consumers self-medicating.
Sales growth of digestive remedies is set to decelerate over the forecast period due to the rising maturity of some product areas that were launched at the beginning of the review period, such as proton pump inhibitors and IBS treatments. Furthermore, there is no major new product development expected in digestive remedies and the leading players are likely to maintain stability in prices due to the stricter approach of the Algerian government to price controls.
The government of Algeria regularly announces increases in domestic production volumes for OTC medicines. Thus, local manufacturers of digestive remedies are expected to increase their production capacity in response to rising demand and ongoing growth in sales of digestive remedies.
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Understand the latest market trends and future growth opportunities for the Digestive Remedies industry in Algeria 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 Digestive Remedies industry in Algeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Includes remedies designed and marketed to treat gastrointestinal problems.See All of Our Definitions
This report originates from Passport, our Digestive Remedies research and analysis database.
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