Motion sickness remedies was one product area of digestive remedies that experienced severe pressure on demand due to the COVID-19 pandemic during positive case surges. In particular, the fact that Philippine consumers were unable to travel overseas due to the closure of international borders as a key measure to curb the spread of the COVID-19 virus at global level meant that foreign travel was out of the question for the vast majority of local people.
The recent withdrawal of the Zantac brand from H2 blockers will have inevitably foreshadowed a shift in demand towards other brands. More importantly, the removal of Zantac from retail sale is likely to have attracted the attention of the companies behind rival brands.
Continued demand for digestive remedies will support growth as many aspects or health and hygiene are still developing in the Philippines. For example, several consumers lack access to safe drinking water and adequate hygiene and sanitation facilities.
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Understand the latest market trends and future growth opportunities for the Digestive Remedies industry in Philippines 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 Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Digestive Remedies
Includes remedies designed and marketed to treat gastrointestinal problems.
See All of Our DefinitionsThis report originates from Passport, our Digestive Remedies research and analysis database.
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