Across the forecast period, Peruvians will continue to be interested in supporting their mental health and overall wellbeing, improving their quality of life and reducing stress and anxiety. In addition, much of the population is fatigued, having experienced social and political crisis, and economic recession, and feelings of insecurity.
The sleep aids landscape has been one of the most dynamic, launching new products and formats across the review period. The category has seen accelerated growth due to a drive of younger adult consumers, looking for fast and effective alternatives.
As the consumption of melatonin has increased, ongoing scrutiny of the substance and interest in health and wellness, has caused many to reconsider its use. Although there is no certainty that it creates dependency, many doctors have warned against the continued and ongoing use of the product, stating that the body could become accustomed to the drug.
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Understand the latest market trends and future growth opportunities for the Sleep Aids 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 Sleep Aids 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.
These aids include combinations of active ingredients (e.g. diphenhydramine + acetaminophen) and single ingredient (e.g. doxylamine succinate). Herbal remedies made with valerian root, passionflower, and others, are included. This category also tracks melatonin products - a hormone, even if they are classified as a dietary supplement in some countries.
See All of Our DefinitionsThis report originates from Passport, our Sleep Aids research and analysis database.
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