All significant categories of herbal/traditional products are projected to see positive, if gradually slowing, retail volume and value (constant 2023 prices) growth over the forecast period. The anticipated slowdown in retail volume growth rates is partly due to a level of maturity, following strong performances in the review period.
Herbal/traditional topical analgesics is projected to register the highest retail volume and value (constant 2023 prices) CAGRs over the forecast period. The ageing population trend in the Netherlands is set to see more active older consumers, especially given the restrictions and health fears related to COVID-19 in the review period.
Herbal/traditional sleep aids is set to return to retail volume growth through the forecast period. Even though the COVID-19 pandemic threat has lifted in the eyes of consumers, many are likely to struggle with problems related to stress and anxiety, brought on or exacerbated by hectic lifestyles and economic concerns, during the forecast period.
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Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Netherlands 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 Netherlands, 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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