Trends and Forces Shaping the World of Consumer Health

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In response to the consumer trend of using a variety of products to ensure good health, we have combined OTC healthcare, vitamins and dietary supplements

Author:Louise Nicholas

Date published:12 Mar 2010

In response to the consumer trend of using a variety of products to ensure good health, we have combined OTC healthcare, vitamins and dietary supplements, sports nutrition and slimming products into one platform - Passport: Consumer Health. Join us as we review the performance of these four categories and discuss the trends and forces shaping the world of consumer health.

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• The global share of private label/generic products expanded from 5.3% in 2008 to 5.6% in 2009

• The National Health Expenditure (NHE) in the US will represent an estimated 20% of GDP in 2018, up two percentage points from 2009 according to the US Department of Health & Human Services

• Retail sales of vitamins and dietary supplements will keep growing with the support of public health initiatives on nutrition and health and wellness. As a result, Euromonitor projects that constant retail sales will top US$76 billion at the end of 2014

• In Indonesia the broad consumer base of children, representing an estimated 27% of the total population, provides excellent opportunities for pharmaceutical companies to expand sales through the introduction of child-specific products

Register Now

To learn more about the state of the consumer health market, please join us for this live webinar with question and answer session featuring our global research team.

When: April 13, 2010

Time: 10am EST, 3pm/15:00 GMT

News Source : Trends and Forces Shaping the World of Consumer Health