The use of echinacea as a natural remedy for stimulating the immune system and enhancing defences against respiratory illnesses is on the rise. Laboratorios Planta Médica promotes its echinacea drops, which are widely available in pharmacies.
Players are increasingly focusing on the use of natural ingredients in their products to differentiate themselves from those featuring higher chemical content. One prominent herbal compound is derived from hedera helix leaves, believed to possess mucus-clearing properties.
The market for herbal and traditional sleep aids is projected to expand as more Bolivians seek natural solutions that are free from side effects. Valerian and chamomile will remain popular ingredients.
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Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Bolivia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Herbal/Traditional Products industry in Bolivia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Herbal/Traditional Products
Botanicals or traditional remedies are products that have a long tradition of use, decades of established reputation, and are considered alternative remedies to standard medicine. Traditional medicine remedies such as Ayurveda, Traditional Chinese Medicine (TCM), Unani, Kampo, etc. are included. Homeopathic remedies are excluded. Only packaged products are tracked.
See All of Our DefinitionsThis report originates from Passport, our Herbal/Traditional Products research and analysis database.
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