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April 18, 2015

Ingredient Marketplace 2015 Recap

ChrisSchmidtChris Schmidt, Consumer Health Research Analyst, recently attended Ingredients Marketplace 2015 in Orlando, Florida Chris shares his findings on innovations in vitamins and dietary supplements and also recaps his presentation on trends in Omega Fatty Acids and fish oils.

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March 26, 2015

The Link Between Alcoholic Drink Consumption and Analgesics and Slimming Products in Latin America

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The consumer view that a hangover is a chemical process that can be solved with chemicals helps explain the correlation between sales of alcoholic drinks and aspirin/ibuprofen in the three Latin American countries included in this study. When weight management products are added to the equation, these industry verticals form a chain that reaches far into the festive consumer culture in these markets.

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La relación entre bebidas alcohólicas, analgésicos y productos para adelgazar en Latinoamérica

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El punto de vista de los consumidores acerca de que la resaca es un resultado químico que se supera con químicos ayuda a explicar la correlación entre las ventas de bebidas alcohólicas y aspirina/ibuprofeno en los 3 países incluidos este estudio. Cuando se agregan los adelgazantes a esta ecuación, se produce una cadena que llega hasta la cultura festiva dela región.

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March 4, 2015

The Rising Power of Female Consumers

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The global female population totalled an estimated 3.6 billion in 2014 and is expected to reach 4.2 billion by 2030. Average disposable income amongst women is the highest it's ever been, and women are living longer than men.

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  • The size and distribution of the female consumer market
  • Literacy and education rates
  • Labour participation
  • Purchasing power

 

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February 6, 2015

Sports Nutrition Companies Targeting Sports and Energy Drink Consumers

ChrisSchmidtAnalyst Insight by Chris Schmidt - Consumer Health Analyst

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As sports nutrition continues its push to increase its appeal beyond the bodybuilders and elite athletes that long dominated sales, companies are increasingly eyeing the most mainstream of the sports foods categories: sports and energy drinks. Representing a market opportunity of over US$50 billion in retail value sales in 2014, the category has an obvious appeal. However, with so much of the space occupied by global packaged foods and soft drinks titans, gaining an appreciable share of the sports and energy drinks market may prove to be a herculean task for even sports nutrition’s largest companies.

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January 14, 2015

Consumer Health in 2015 - Trends and Prospects for a Healthier World

Monica feldmanAnalyst Insight by Monica Feldman - Head of Consumer Health Research

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The year 2014 set up the stage for new market dynamics that will influence consumer health in 2015. Our newest preliminary findings for the full year 2014 will be formally published on 19 January 2015. In the meantime, we provide a snapshot preview of how Euromonitor International compares its previous estimates with our most recent research. Overall, the industry grew at a healthy pace of 2.4% in constant terms in 2014 from 2013 (5.6% current/nominal terms) at fixed exchange rates. Surprisingly, this growth is more than one percentage point lower from our previous estimates. The year 2014 brought some growth difficulties in the United States, the largest consumer health market accounting for an estimated 28% of global retail value in 2013. Tweet-ThisA weaker than usual cold/flu and allergy seasons earlier in the year dampened the high prospects of sales. At the same time US consumers shied a bit away from their high consumption of vitamins and dietary supplements in favour of functional/fortified food and beverages, and fresh healthy foods in general. The new global estimates of growth seem a little bit lower due to a slowing down in the economies of Brazil, China and Russia, and also to the fact that the US$ dollar gained strength in the second half of 2014 – Euromonitor International typically reports figures in US$. This is not to say that consumer health is no longer a bright spot since the industry continues to grow at a healthy pace. Rather this is a wake-up call for the industry to work on priorities, focus on relevant therapies, manage competitive threats, and selectively invest in geographies that will lead to the next stage of growth.

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December 31, 2014

Three Influential Trends in the OTC Remedies Market

2014 marks a highly eventful year for the US over-the-counter (OTC) remedies market. Among the most influential trends are the shifting competitive landscape as a result of mergers and acquisitions, the continued success of recovering brands post manufacturing disruptions leading to a decline in private label share, and prescription to OTC switches making a strong splash in the market and breathing life into what have been sluggish OTC categories.
 
Mark StrobelVideo features Mark Strobel - Consumer Health Analyst

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November 18, 2014

Vitamins and Dietary Supplements in the Asia Pacific Region: Is the Party Over?

Consumer health analyst Daniel Grimsey presented on vitamins and dietary supplements in the Asia Pacific region for the national conference of Complementary Medicines Australia (CMA) in Sydney on October 30, 2014. Asking the pertinent question “Is the party over?”, Daniel outlined the key growth drivers for vitamins and dietary supplement sales in APAC, identified the star performers within the category and assessed the future direction for the consumer health in the Asia Pacific region. For more information, view the full presentation.

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November 10, 2014

Perrigo Co Plc Wins Race to Acquire Omega Pharma NV

ChrisSchmidtAnalyst Insight by Chris Schmidt - Consumer Health Analyst

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As the curtains close on a year of unprecedented consolidation in the consumer health industry, another prized asset has been snatched up. Belgium’s Omega Pharma NV, which itself was taken private just two years previously, has agreed to be acquired by the Irish-American private label powerhouse Perrigo Co Plc. While the deal’s US$4.5 billion valuation pales in comparison to the GlaxoSmithKline-Novartis joint venture (scheduled for early 2015 completion) or Bayer’s US$14.2 billion acquisition of Merck & Co Inc’s consumer division in October, it nevertheless testifies to the ongoing attractiveness of the industry and the need to diversify portfolios across geographies and categories. While Perrigo’s purchase may mark the last significant deal of 2014, consolidation in consumer health is expected to continue well beyond the New Year.

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October 31, 2014

A Quick Look Around the World of Adult Systemic Analgesics

ChrisSchmidtAnalsyt Insight by Chris Schmidt - Consumer Health Analyst

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As one of the largest constituents of the over-the-counter (OTC) market, analgesics are a cornerstone of many top consumer health producers’ portfolios. The category is emerging from a tumultuous period marked by supply shocks, far-reaching regulatory changes, new competitive dynamics and demographic shifts that could all have substantial long-term effects on how consumers engage with the category. Looking forward, an understanding of the trends affecting the largest and fastest-growing markets will be essential to fully exploiting the category’s massive potential.

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Recent Posts

Ingredient Marketplace 2015 Recap

The Link Between Alcoholic Drink Consumption and Analgesics and Slimming Products in Latin America

La relación entre bebidas alcohólicas, analgésicos y productos para adelgazar en Latinoamérica

The Rising Power of Female Consumers

Sports Nutrition Companies Targeting Sports and Energy Drink Consumers

Consumer Health in 2015 - Trends and Prospects for a Healthier World

Three Influential Trends in the OTC Remedies Market

Vitamins and Dietary Supplements in the Asia Pacific Region: Is the Party Over?

Perrigo Co Plc Wins Race to Acquire Omega Pharma NV

A Quick Look Around the World of Adult Systemic Analgesics