Paediatric consumer health saw diminished demand for the majority of products in 2019 due to ongoing price rises as a result of the imposition of VAT over 2017-2018. As a result, many Saudis sought to cut back on expenditure, with paediatric consumer health suffering as a result.
Although increased prices on paediatric products continue to affect the sector over 2019, paediatric indigestion and heartburn remedies saw positive growth in 2019 and appeared to overcome the barrier of higher prices. paediatric indigestion and heartburn remedies were able to perform relatively well as doctors’ and pharmacists’ recommendations for such products boosted sales.
Saudi Pharmaceutical Industries & Medical Appliances Corp continued to lead in value share terms in 2019 thanks to its wide range of products in the largest categories in actual value sales terms, paediatric analgesics and paediatric cough, cold and allergy remedies. The company’s brands include Fevadol, Sapofen, Kafosed, Exylin, Neorin, Lorinase, Histop and Lorine.
Despite high prices, those mothers who can afford to do so are increasingly trying to boost their children’s immunity by providing them with paediatric vitamins and dietary supplements so they are better able to fight off coughs and colds. Products such as fish/oils and omega fatty acids are increasingly recommended by pharmacists and doctors alike and, as a result, they are starting to be perceived as essential products by more affluent consumers, although cost concerns impacted overall demand at the end of the review period.
You have no recently viewed reports.
Why not browse through our Featured or Trending Reports to see what we have to offer?
Files are delivered directly into your account within a few minutes of purchase.
Discover the latest market trends and uncover sources of future market growth for the Paediatric Consumer Health industry in Saudi Arabia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Paediatric Consumer Health industry in Saudi Arabia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Paediatric Consumer Health in Saudi Arabia market research report includes:
Our market research reports answer questions such as:
This industry report originates from Passport: