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Vitamins in Azerbaijan

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    Report

  • 22 Pages
  • September 2024
  • Region: Azerbaijan
  • Euromonitor International
  • ID: 4752914
Sales of vitamins are seeing strong growth in current value terms in 2024, but performances are varying between the different categories, with value growth also being driven in part by price increases. The pandemic has changed consumer behaviour with regard to their health.

The Vitamins in Azerbaijan 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: Multivitamins, Single Vitamins.

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

Why buy this report?

  • Get a detailed picture of the Vitamins 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
  • Demand for vitamins remains stable in most categories with multivitamins remaining the big winner
  • The range of vitamin D products is expanding as demand grows
  • Vitamin B benefiting from its mood boosting claims
PROSPECTS AND OPPORTUNITIES
  • Demand for multivitamins set to be the backbone of growth in sales of vitamins
  • The habit of supporting immunity stimulates the demand for vitamin C.
  • Competition in vitamins likely to remain focused on affordable imported brands
CATEGORY DATA
  • Table 1 Sales of Vitamins by Category: Value 2019-2024
  • Table 2 Sales of Vitamins by Category: % Value Growth 2019-2024
  • Table 3 Sales of Multivitamins by Positioning: % Value 2019-2024
  • Table 4 NBO Company Shares of Vitamins: % Value 2020-2024
  • Table 5 LBN Brand Shares of Vitamins: % Value 2021-2024
  • Table 6 Forecast Sales of Vitamins by Category: Value 2024-2029
  • Table 7 Forecast Sales of Vitamins by Category: % Value Growth 2024-2029
CONSUMER HEALTH IN AZERBAIJAN
EXECUTIVE SUMMARY
  • Consumer health in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer health?
MARKET INDICATORS
  • Table 8 Consumer Expenditure on Health Goods and Medical Services: Value 2019-2024
  • Table 9 Life Expectancy at Birth 2019-2024
MARKET DATA
  • Table 10 Sales of Consumer Health by Category: Value 2019-2024
  • Table 11 Sales of Consumer Health by Category: % Value Growth 2019-2024
  • Table 12 NBO Company Shares of Consumer Health: % Value 2020-2024
  • Table 13 LBN Brand Shares of Consumer Health: % Value 2021-2024
  • Table 14 Penetration of Private Label by Category: % Value 2019-2024
  • Table 15 Distribution of Consumer Health by Format: % Value 2019-2024
  • Table 16 Distribution of Consumer Health by Format and Category: % Value 2024
  • Table 17 Forecast Sales of Consumer Health by Category: Value 2024-2029
  • Table 18 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