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Digestive Remedies in Australia

  • PDF Icon

    Report

  • 26 Pages
  • September 2024
  • Region: Australia
  • Euromonitor International
  • ID: 228449
Description Jump to:
Over the review period, Australia has experienced inflation rates not seen since the late 1980s (peaking at 7.8% in Q4 2022 and subsiding to 3.6% in Q4 2024). This scenario has impacted consumer spending - in conjunction with higher interest rates and the rapid rise in the cost of living. Consumer Price Index (CPI) indicators reveal that spending on health, including pharmaceuticals, rose by 5.3% year-on-year during Q2 2024.

The Digestive Remedies in Australia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Diarrhoeal Remedies, IBS Treatments, Indigestion and Heartburn Remedies, Laxatives, Motion Sickness Remedies, Paediatric Digestive Remedies.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Digestive Remedies market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Cost-of-living concerns translate into more exclusive spending on essentials, at the expense of adopting healthier behaviours
  • Gastroenteritis emerges as uncomfortable downside of exiting lockdown, as rotavirus and cryptosporidiosis levels surge across the country
  • Reduced competition within diarrhoeal remedies benefits leading players
PROSPECTS AND OPPORTUNITIES
  • Health and wellness to remain a priority for Australians through both choice and necessity
  • Further scrutiny of digestive remedies marketed online as health and wellness solutions to adolescents possible over the forecast period
  • Chemist Warehouse and Sigma Healthcare proposed merger anticipated to rewrite relationships with dominant branded players within category
CATEGORY DATA
  • Table 1 Sales of Digestive Remedies by Category: Value 2019-2024
  • Table 2 Sales of Digestive Remedies by Category: % Value Growth 2019-2024
  • Table 3 NBO Company Shares of Digestive Remedies: % Value 2020-2024
  • Table 4 LBN Brand Shares of Digestive Remedies: % Value 2021-2024
  • Table 5 Forecast Sales of Digestive Remedies by Category: Value 2024-2029
  • Table 6 Forecast Sales of Digestive Remedies by Category: % Value Growth 2024-2029
CONSUMER HEALTH IN AUSTRALIA
EXECUTIVE SUMMARY
  • Consumer health in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer health?
MARKET INDICATORS
  • Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2019-2024
  • Table 8 Life Expectancy at Birth 2019-2024
MARKET DATA
  • Table 9 Sales of Consumer Health by Category: Value 2019-2024
  • Table 10 Sales of Consumer Health by Category: % Value Growth 2019-2024
  • Table 11 NBO Company Shares of Consumer Health: % Value 2020-2024
  • Table 12 LBN Brand Shares of Consumer Health: % Value 2021-2024
  • Table 13 Penetration of Private Label in Consumer Health by Category: % Value 2019-2024
  • Table 14 Distribution of Consumer Health by Format: % Value 2019-2024
  • Table 15 Distribution of Consumer Health by Format and Category: % Value 2024
  • Table 16 Forecast Sales of Consumer Health by Category: Value 2024-2029
  • Table 17 Forecast Sales of Consumer Health by Category: % Value Growth 2024-2029
APPENDIX
  • OTC registration and classification
  • Vitamins and dietary supplements registration and classification
  • Self-medication/self-care and preventive medicine
  • Switches
DISCLAIMERDEFINITIONS
SOURCES
  • Summary 1 Research Sources

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About the Digestion Aid Market

The Digestion Aid market within the context of Over the Counter (OTC) Drugs is a large and growing sector. It includes products that are designed to help with digestion-related issues such as indigestion, heartburn, and nausea. These products are available in a variety of forms, including tablets, capsules, liquids, and powders. Many of these products contain active ingredients such as antacids, proton pump inhibitors, and H2 blockers, which help to reduce the symptoms of digestive issues. Additionally, many of these products contain natural ingredients such as herbs, minerals, and vitamins, which can help to improve overall digestive health. The Digestion Aid market is highly competitive, with many companies offering a wide range of products. Some of the major players in the market include GlaxoSmithKline, Pfizer, Bayer, Johnson & Johnson, and Novartis. Other companies in the market include Boehringer Ingelheim, Merck, Sanofi, and Takeda. Show Less Read more

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