Opportunities in the Western European Consumer Health Industry 2024

Opportunities in the Western European Consumer Health Industry 2024

Summary

Provides an overview of current conumser health industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and distribution. The analysis also covers regional overview of the Middle East and Africa region - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.

The Western European consumer health industry was valued at $49.3 billion in 2023. The regional consumer health industry is expected to yield a CAGR of 2.9% during 2023-28, reaching $56.9 billion in 2028. In volume (kg) terms, the region’s sales amounted to 55.4 million kg in 2023 and is forecast to register a CAGR of 4.7% during 2023-28. The consumer health industry in Western Europe in 2023 was fragmented, with the top five companies accounting for a value share of 18.8%, led by Haleon with a value share of 5.7%.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Western European consumer health industry, analyzing data from 21 countries in the region. It includes an analysis of the following -

• Market environment: Includes industry size, market size, and growth analysis by sector.
• High-Potential countries analysis: Indicates changing share of value consumption of various consumer health products by sector across high-potential countries in Western Europe. It also provides risk-reward analysis of four countries across the region based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.
• Country deep dive: Provides the overview, demographic analysis, and key trends across high-potential countries.
• Success stories: This section features some of the most compelling consumer health manufacturers, brands, products, and marketing campaigns in the Western European region. It also provides a better understanding of how certain manufacturers achieved success in the sector.
• Competitive environment: Provides an overview of leading companies in Western Europe, as well as analyzing the growth of private labels in the region.
• Distribution analysis: Provides analysis of the leading distribution channels in the Western European consumer health industry in 2023. It covers nine distribution channels: chemists/pharmacies, parapharmacies/drugstores, e-retailers, hypermarkets & supermarkets, direct sellers, convenience stores, “dollar stores’, variety stores & general merchandise retailers, cash & carries & warehouse clubs, other specialist retailers, and others.
• Challenges and outlook: Provides the challenges and outlook pertaining to the Western European consumer health industry.
• Select industry metrics: Provides data for alternative content including patent analytics, job analytics, and deals analytics.​

• Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
• The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
• To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates