Egypt Consumer Health Market Size | Share | Growth Analysis 2028

According to the latest market research report title “Egypt Consumer Health Market By Disease Type Cardiovascular Diseases, Respiratory Diseases, Lifestyle Diseases [Diabetes, Obesity, Depression, High Blood Pressure, High Cholesterol, Others]), By Category (Weight Management & Wellbeing, Sports Nutrition, Pediatric Health, OTC Pharmaceuticals)–Forecast to 2023″, published by MarkNtel Advisors, The Egypt Consumer Health Market is projected to grow at a CAGR of around 5.5% during the forecast period, i.e., 2023-28.

The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2023-28). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.

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Growth Restraint: Lack of Consumer Knowledge of OTC Drugs Usage & the Presence of Counterfeit Medications to Hinder the Market Growth

Despite growing awareness of healthcare, many Egyptians still lack knowledge about OTC drugs & their appropriate usage, i.e., leading to ever-increasing instances of drug misuse & overuse, leading to the rising health risks & complications, which is the prime aspects projected to hinder the growth of Egypt Consumer Health Market.

In addition, owing to high import costs & taxes, some OTC drugs in Egypt have prices higher than consumer affordability, which makes it difficult for them to buy these products, i.e., another growth challenge to the market. Moreover, the availability of counterfeit drugs in the country is another big concern for consumers to purchase products as they are not sure about their safety & effectiveness. Hence, these aspects are likely to hamper the expansion of the Egypt Consumer Health Market in the years to come.

Egypt Consumer Health Market Segmentation

The Egypt Consumer Health Market is highly robust and fragmented into numerous segments;

By Type

-Vitamins and Dietary Supplements, By Revenues (USD Million), 2018-2028

-Paediatric Digestive Health, By Revenues (USD Million), 2018-2028

-Nappy or Rash Treatment, By Revenues (USD Million), 2018-2028

-Others, By Revenues (USD Million), 2018-2028

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Key Players Operating in the Egypt Consumer Health Market: –

-GSK Consumer Healthcare

-Abbott Laboratories Inc.

-Bayer Middle East FZE

-Atkins Nutritionals Inc.

-21st Century Healthcare

-Nestlé Middle East FZE

-Heinz Africa & Middle East & Africa FZO

-Vitabiotics Ltd

-Glanbia Plc

-Quest Nutrition LLC

-Alcon Middle East

-Allergan Plc

-Johnson & Johnson

-Others

Key Questions Answered:

• What is the projected CAGR of the Egypt Consumer Health Market during the forecast period?
• Which segment is expected to lead the Egypt Consumer Health Market?
• Who are the prominent players driving market growth?

Key Offerings:

• Market Share, Size, and Revenue Forecast
• Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
• Landscape: Leading key players and other prominent participants

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

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