Colombians across all income segments hold the belief that natural products are trustworthy and effective for treating minor ailments, including those affecting children. They perceive these products to have minimal or no side effects and lower risks in case of accidental overdose.
Since the approval of therapeutic use of CBD, the majority of developments have been focused on topical products, particularly in the realm of cosmetics. CBD shows potential when combined with other ingredients in topical analgesics.
Herbal/traditional products have extensive availability in Colombia, via natural food stores spread throughout the country. Moreover, pharmacies are allocating more shelf space to natural products to meet the growing demand.
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Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Colombia 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 Herbal/Traditional Products industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Botanicals or traditional remedies are products that have a long tradition of use, decades of established reputation, and are considered alternative remedies to standard medicine. Traditional medicine remedies such as Ayurveda, Traditional Chinese Medicine (TCM), Unani, Kampo, etc. are included. Homeopathic remedies are excluded. Only packaged products are tracked.See All of Our Definitions
This report originates from Passport, our Herbal/Traditional Products research and analysis database.
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