+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Consumer Health in Serbia

  • PDF Icon

    Report

  • 77 Pages
  • October 2024
  • Region: Serbia
  • Euromonitor International
  • ID: 2568136
Consumer health witnessed robust current value growth in 2024, driven by rising unit prices and some recovery in demand. Serbians have become accustomed to the higher cost of living following several years of steep inflation. Hence, price increases have not dented demand for consumer health products in 2024, with pharmacies reporting fewer consumer complaints about price increases. Brand loyalty to remains high in consumer health, especially in the capital of Belgrade.

The Consumer Health in Serbia 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: Allergy Care, Herbal/Traditional Products, OTC, Paediatric Consumer Health, Sports Nutrition, Vitamins and Dietary Supplements, Weight Management and Wellbeing.

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

Why buy this report?

  • Get a detailed picture of the Consumer Health 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

EXECUTIVE SUMMARY
  • Consumer health in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer health?
MARKET INDICATORS
  • Table 1 Consumer Expenditure on Health Goods and Medical Services: Value 2019-2024
  • Table 2 Life Expectancy at Birth 2019-2024
MARKET DATA
  • Table 3 Sales of Consumer Health by Category: Value 2019-2024
  • Table 4 Sales of Consumer Health by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of Consumer Health: % Value 2020-2024
  • Table 6 LBN Brand Shares of Consumer Health: % Value 2021-2024
  • Table 7 Penetration of Private Label by Category: % Value 2019-2024
  • Table 8 Distribution of Consumer Health by Format: % Value 2019-2024
  • Table 9 Distribution of Consumer Health by Format and Category: % Value 2024
  • Table 10 Forecast Sales of Consumer Health by Category: Value 2024-2029
  • Table 11 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
ANALGESICS IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Serbians are more accustomed to buying analgesics since the pandemic
  • Analgesics is a core OTC product
  • Brand loyalty guides the purchasing decision
PROSPECTS AND OPPORTUNITIES
  • Stable outlook for mature analgesics category
  • Consumers will shop around for discounts and larger packs
  • Busy consumers in urban areas are prime target audience
CATEGORY DATA
  • Table 12 Sales of Analgesics by Category: Value 2019-2024
  • Table 13 Sales of Analgesics by Category: % Value Growth 2019-2024
  • Table 14 NBO Company Shares of Analgesics: % Value 2020-2024
  • Table 15 LBN Brand Shares of Analgesics: % Value 2021-2024
  • Table 16 Forecast Sales of Analgesics by Category: Value 2024-2029
  • Table 17 Forecast Sales of Analgesics by Category: % Value Growth 2024-2029
COUGH, COLD AND ALLERGY (HAY FEVER) REMEDIES IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Demand stabilises for cough and cold remedies
  • Hemofarm retains its category leadership
  • Cough remedies and medicated confectionery are staple products
PROSPECTS AND OPPORTUNITIES
  • Strong outlook for cough, cold and allergy (hay fever) remedies
  • Consumer price sensitivity to remain prominent
  • Self-medication trend will fuel sales development
CATEGORY DATA
  • Table 18 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2019-2024
  • Table 19 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2019-2024
  • Table 20 NBO Company Shares of Cough, Cold and Allergy (Hay Fever) Remedies: % Value 2020-2024
  • Table 21 LBN Brand Shares of Cough, Cold and Allergy (Hay Fever) Remedies: % Value 2021-2024
  • Table 22 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2024-2029
  • Table 23 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2024-2029
DIGESTIVE REMEDIES IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Indigestion and heartburn remedies are most sought-after products
  • Price sensitivity remains very important
  • Competitive landscape intensifies in digestive remedies
PROSPECTS AND OPPORTUNITIES
  • Retail volume growth boosted by busy lifestyles and junk food
  • Trade and consumer marketing are both important to players
  • Price discounts and promotions are key in highly competitive landscape
CATEGORY DATA
  • Table 24 Sales of Digestive Remedies by Category: Value 2019-2024
  • Table 25 Sales of Digestive Remedies by Category: % Value Growth 2019-2024
  • Table 26 NBO Company Shares of Digestive Remedies: % Value 2020-2024
  • Table 27 LBN Brand Shares of Digestive Remedies: % Value 2021-2024
  • Table 28 Forecast Sales of Digestive Remedies by Category: Value 2024-2029
  • Table 29 Forecast Sales of Digestive Remedies by Category: % Value Growth 2024-2029
DERMATOLOGICALS IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Price increases drive current value growth
  • Competition intensifies in this highly fragmented category
  • Robust demand for antipruritics due to hectic lifestyles
PROSPECTS AND OPPORTUNITIES
  • Prosperous outlook for dermatologicals
  • Product development and advertising will build consumer interest in dermatologicals
  • Competition is expected to intensify
CATEGORY DATA
  • Table 30 Sales of Dermatologicals by Category: Value 2019-2024
  • Table 31 Sales of Dermatologicals by Category: % Value Growth 2019-2024
  • Table 32 NBO Company Shares of Dermatologicals: % Value 2020-2024
  • Table 33 LBN Brand Shares of Dermatologicals: % Value 2021-2024
  • Table 34 Forecast Sales of Dermatologicals by Category: Value 2024-2029
  • Table 35 Forecast Sales of Dermatologicals by Category: % Value Growth 2024-2029
WOUND CARE IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Wound care sales remain weak in Serbia
  • Skin-friendly options expand in sticking plasters
  • Beiersdorf extends its lead in wound care
PROSPECTS AND OPPORTUNITIES
  • Strong outlook ahead for wound care
  • Wider assortment of products will support category growth
  • Little change anticipated in competitive landscape
CATEGORY DATA
  • Table 36 Sales of Wound Care by Category: Value 2019-2024
  • Table 37 Sales of Wound Care by Category: % Value Growth 2019-2024
  • Table 38 NBO Company Shares of Wound Care: % Value 2020-2024
  • Table 39 LBN Brand Shares of Wound Care: % Value 2021-2024
  • Table 40 Forecast Sales of Wound Care by Category: Value 2024-2029
  • Table 41 Forecast Sales of Wound Care by Category: % Value Growth 2024-2029
VITAMINS IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Health awareness and concerns drives consumption of vitamins
  • Vitamin consumption is much lower than during the pandemic
  • Decline in previously dynamic categories
PROSPECTS AND OPPORTUNITIES
  • Robust sales recovery ahead for vitamins
  • Growing competition from dietary supplements
  • Vitamin consumption will remain strong among core users
CATEGORY DATA
  • Table 42 Sales of Vitamins by Category: Value 2019-2024
  • Table 43 Sales of Vitamins by Category: % Value Growth 2019-2024
  • Table 44 Sales of Multivitamins by Positioning: % Value 2019-2024
  • Table 45 NBO Company Shares of Vitamins: % Value 2020-2024
  • Table 46 LBN Brand Shares of Vitamins: % Value 2021-2024
  • Table 47 Forecast Sales of Vitamins by Category: Value 2024-2029
  • Table 48 Forecast Sales of Vitamins by Category: % Value Growth 2024-2029
DIETARY SUPPLEMENTS IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Price growth hampers consumption of dietary supplements
  • Product developments centre on immune health
  • Private label opportunities exist
PROSPECTS AND OPPORTUNITIES
  • Price will remain a barrier to uptake
  • Wider product assortment will deliver improved health benefits
  • Competition will intensify as price drives purchasing decisions
CATEGORY DATA
  • Table 49 Sales of Dietary Supplements by Category: Value 2019-2024
  • Table 50 Sales of Dietary Supplements by Category: % Value Growth 2019-2024
  • Table 51 Sales of Dietary Supplements by Positioning: % Value 2019-2024
  • Table 52 NBO Company Shares of Dietary Supplements: % Value 2020-2024
  • Table 53 LBN Brand Shares of Dietary Supplements: % Value 2021-2024
  • Table 54 Forecast Sales of Dietary Supplements by Category: Value 2024-2029
  • Table 55 Forecast Sales of Dietary Supplements by Category: % Value Growth 2024-2029
WEIGHT MANAGEMENT AND WELLBEING IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Consumers are deterred by the high price of weight management and wellbeing products
  • Healthier lifestyles are naturally reducing demand
  • Key players rely heavily on advertising
PROSPECTS AND OPPORTUNITIES
  • Convenience factor will support sales as busy consumers look for weight loss support
  • Meal replacement faces strong growth potential
  • Price sensitivity is a recurrent theme
CATEGORY DATA
  • Table 56 Sales of Weight Management and Wellbeing by Category: Value 2019-2024
  • Table 57 Sales of Weight Management and Wellbeing by Category: % Value Growth 2019-2024
  • Table 58 NBO Company Shares of Weight Management and Wellbeing: % Value 2020-2024
  • Table 59 LBN Brand Shares of Weight Management and Wellbeing: % Value 2021-2024
  • Table 60 Forecast Sales of Weight Management and Wellbeing by Category: Value 2024-2029
  • Table 61 Forecast Sales of Weight Management and Wellbeing by Category: % Value Growth 2024-2029
SPORTS NUTRITION IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Sports nutrition continues its dynamic performance
  • Plant-based offerings expand in sports protein powder
  • Sports non-protein products enjoy growth from small base
PROSPECTS AND OPPORTUNITIES
  • Sports nutrition faces impressive growth outlook
  • Competition will heat up in sports nutrition
  • Product development will accelerate in sports nutrition
CATEGORY DATA
  • Table 62 Sales of Sports Nutrition by Category: Value 2019-2024
  • Table 63 Sales of Sports Nutrition by Category: % Value Growth 2019-2024
  • Table 64 NBO Company Shares of Sports Nutrition: % Value 2020-2024
  • Table 65 LBN Brand Shares of Sports Nutrition: % Value 2021-2024
  • Table 66 Forecast Sales of Sports Nutrition by Category: Value 2024-2029
  • Table 67 Forecast Sales of Sports Nutrition by Category: % Value Growth 2024-2029
HERBAL/TRADITIONAL PRODUCTS IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Strong heritage of herbal/traditional products in Serbia
  • OTC medicines are often more attractive to busy consumers
  • Pharmacists comfortable in recommending herbal/traditional products
PROSPECTS AND OPPORTUNITIES
  • Herbal/traditional products are highly attractive to consumers
  • Price sensitivity will remain a barrier to purchasing
  • Tough competition from OTC medicines
CATEGORY DATA
  • Table 68 Sales of Herbal/Traditional Products: Value 2019-2024
  • Table 69 Sales of Herbal/Traditional Products: % Value Growth 2019-2024
  • Table 70 NBO Company Shares of Herbal/Traditional Products: % Value 2020-2024
  • Table 71 LBN Brand Shares of Herbal/Traditional Products: % Value 2021-2024
  • Table 72 Forecast Sales of Herbal/Traditional Products: Value 2024-2029
  • Table 73 Forecast Sales of Herbal/Traditional Products: % Value Growth 2024-2029
PAEDIATRIC CONSUMER HEALTH IN SERBIAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Limited volume growth in paediatric consumer health
  • Dietary supplements are on parental radar
  • Cough, cold and allergy (hay fever) remedies is one of the largest categories
PROSPECTS AND OPPORTUNITIES
  • Stable outlook for paediatric consumer health
  • Falling birth rates present some challenges to players
  • New launches will be higher in dietary supplements
CATEGORY DATA
  • Table 74 Sales of Paediatric Consumer Health by Category: Value 2019-2024
  • Table 75 Sales of Paediatric Consumer Health by Category: % Value Growth 2019-2024
  • Table 76 Forecast Sales of Paediatric Consumer Health by Category: Value 2024-2029
  • Table 77 Forecast Sales of Paediatric Consumer Health by Category: % Value Growth 2024-2029