Due to the greater need for Peruvians to prioritise their mental health, which involves good quality sleep, there has been a notable boost in the sleep aids market. The main product embraced on the landscape is melatonin, which has gained awareness, leading to the entry of new brands and a diversity of formats in recent years ranging from pills, gummies and chocolates.
Peruvians, on average, are improving their eating habits, preferring less processed foods and opting for goods with richer nutrients. This factor is becoming increasingly relevant for young generations who, thanks to education and exposure to media, are more aware of how to take care of their health compared to older generations.
The herbal/traditional dietary supplement market has grown significantly in recent years, not only making more companies enter and retail channels more interested in driving demand but also allowing various niche categories to grow in awareness. An example of this is resveratrol - among its various benefits is being an antioxidant, improving circulation and helping with eye health.
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Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Peru 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 Peru, 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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