There was price pressure but no steep increases in prices in early 2022, with e-commerce preventing prices from growing more than they might have. However, certain ingredients may become harder to source than previously or see more dramatic changes in price than other categories, while the volatile and uncertain global geopolitical situation means that dramatic changes can take place fast and are challenging to predict.
Even when COVID-19 is becoming less of an issue – or at least is less in focus – pandemic era practices are likely to have an enduring impact. Notably, hand hygiene and social distancing when feeling symptoms of any respiratory disease are likely to persist at least in the early part of the forecast period.
Before COVID-19, environmental issues such as climate change were strongly in focus in public discourse in Sweden. COVID-19 and, more recently, the Russian invasion of Ukraine and its consequences (such as the rising cost of living) have somewhat side-lined the pre-pandemic focus on the environment.
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Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Sweden with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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