Market Insights Health Pharmacies OTC Products

Digestive & Intestinal Remedies (Pharmacies) - Netherlands

Netherlands

Revenue in the Digestives & Intestinal Remedies market is projected to reach €46.93m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 0.31%, resulting in a market volume of €47.51m by 2028.
In global comparison, most revenue will be generated in China (€3,122.00m in 2024).
In relation to total population figures, per person revenues of €2.66 are generated in 2024.

Key regions: United States, South Korea, Japan, Canada, India

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Digestive & Intestinal Remedies (Pharmacies) market in Netherlands has been experiencing steady growth in recent years.

Customer preferences: Customers in the Netherlands have shown a growing interest in digestive and intestinal remedies. This can be attributed to several factors. Firstly, there is an increasing awareness among consumers about the importance of maintaining a healthy digestive system. This awareness has been fueled by the rising popularity of wellness trends and the promotion of healthy lifestyles. Additionally, the aging population in the Netherlands has also contributed to the demand for digestive and intestinal remedies, as older individuals are more prone to digestive issues.

Trends in the market: One of the key trends in the Digestive & Intestinal Remedies market in Netherlands is the shift towards natural and herbal remedies. Consumers are becoming more conscious about the ingredients in the products they consume and are opting for natural alternatives. This trend is driven by the belief that natural remedies are safer and have fewer side effects compared to synthetic medications. As a result, there has been an increase in the availability of natural digestive and intestinal remedies in pharmacies across the country. Another trend in the market is the growing popularity of probiotics. Probiotics are live bacteria and yeasts that are beneficial for digestive health. They are commonly found in yogurt and other fermented foods, but are also available in supplement form. The demand for probiotics has been driven by the increasing understanding of the role of gut bacteria in overall health and well-being. Consumers are seeking out probiotic products to improve their digestive health and boost their immune system.

Local special circumstances: The Netherlands has a well-developed healthcare system, with a strong emphasis on preventive care. This focus on preventive care has led to an increased demand for digestive and intestinal remedies. Pharmacies in the Netherlands play a crucial role in providing access to these remedies, as they are easily accessible to the general public. Additionally, the Dutch government has implemented policies to promote self-care and encourage individuals to take responsibility for their own health. This has further contributed to the growth of the Digestive & Intestinal Remedies market in the country.

Underlying macroeconomic factors: The growing Digestive & Intestinal Remedies market in Netherlands can also be attributed to the overall economic stability of the country. The Netherlands has a high standard of living and a strong healthcare infrastructure, which allows consumers to prioritize their health and well-being. Additionally, the country has a high level of disposable income, which enables consumers to afford healthcare products and services. These favorable macroeconomic factors have created a conducive environment for the growth of the Digestive & Intestinal Remedies market in Netherlands.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.