Herbal/traditional products maintain a significant role in Nigeria, with many traditional remedies passed down through generations. These alternatives are widely embraced by consumers, not only for their perceived safety but also for their cost-effectiveness compared to conventional medicines. Despite a shift towards increasingly busy, modern lifestyles, some consumers maintain a preference for herbal and traditional options, where they are favoured for various ailments, such as fevers and diges...
Euromonitor International's Herbal/Traditional Products in Nigeria 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.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Herbal/Traditional Products 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.
Herbal/Traditional Products in Nigeria
Euromonitor International
October 2024
List Of Contents And Tables
HERBAL/TRADITIONAL PRODUCTS IN NIGERIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Inflationary conditions have negative impact on performance
Herbal/traditional topical analgesics benefit from being relatively affordable