MarkNtel Advisors recently published a detailed industry analysis of the Egypt Consumer Health Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Egypt Consumer Health, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Egypt Consumer Health Marketis projected to grow at a noteworthy CAGR of around 5.5% during the forecast period, i.e., 2023-28.
Key Findings in Egypt Consumer Health Market:
- Historical Analysis: 2018 –2021
- Base Year: 2022
- Forecast Period: 2023-2028
Leading Market Players- GSK Consumer Healthcare, Abbott Laboratories Inc., Bayer Middle East FZE, Atkins Nutritionals Inc., 21st Century Healthcare, Nestlé Middle East FZE, Heinz Africa & Middle East & Africa FZO, Vitabiotics Ltd, Glanbia Plc, Quest Nutrition LLC, Alcon Middle East, Allergan Plc, Johnson & Johnson, Others
Key Highlights of the Report
- Market Dimensions And Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Egypt Consumer Health industry?
Ever-growing Health Consciousness Among Egyptians- Modern customers are health-conscious and often look for new ways to ensure their health & well-being. As a result, they choose self-medication over other medications, i.e., augmenting the sales of preventative consumer healthcare products like OTC drugs, which do not require a prescription from a healthcare provider and are easily available at any store or pharmacy. Consumers often purchase these products, on their own, for relief from common health problems like clogged nose, cold, nasal congestion, or cough.
Besides, dietary supplements, sports nutrition products, weight control products, and functional foods & beverages are also being purchased increasingly by the rapidly growing health-conscious population in Egypt. Hence, this emerging trend of self-medication among consumers owing to their ever-increasing health consciousness is the prime aspect projected to drive the Egypt Consumer Health Market during 2023-28.
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What segments define the Egypt Consumer Health Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Disease Type
- Cardiovascular Diseases
- Respiratory Diseases
- Lifestyle Diseases
- Diabetes
- Obesity
- Depression
- High Blood Pressure
- High Cholesterol, Others
According to report, Of them all, diabetic diseases are the most prominent contributors to the Egypt Consumer Health Market growth.
By Category
- ..ht Management & Wellbeing,
- Sports Nutrition,
- Pediatric Health,
- OTC Pharmaceuticals)
According to report, Here, OTC (Over-the-Counter) pharmaceuticals hold a prominent share of the consumer health market in Egypt.
Explore the Complete Egypt Consumer Health Market Analysis Report – https://www.marknteladvisors.com/research-library/egypt-consumer-health-market.html
Egypt Consumer Health Market Recent Development:
- October 2022: Bayer announced setting up an OTC (Over-the-Counter) production hub in Egypt in partnership with one of the local pharma companies. The company’s three-year strategy is to expand the business within the Egyptian market by producing 60-70% of OTC medicines for local consumers by the end of 2025. In addition, Bayer is also planning to invest $12 million in local manufacturing and will re-launch 5 new consumer health-related products by the end of 2025.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Egypt Consumer Health?
- How is the Egypt Consumer Health expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.
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