SlideShare a Scribd company logo
1 of 13
Download to read offline
Consumer Health in Serbia
Published: October 2011
Price: $ 2400




Increased health awareness and willingness to self-medicate boost sales
The review period saw growing demand for consumer health in Serbia. This trend was
supported by a number of factors, including improved living standards and better
education in general and with regards to health and wellness. Consumers thus became
increasingly willing to self-medicate. There was also a rapid increase in the range of
products on offer in consumer health, as more foreign producers entered following
liberalisation in 2001. Meanwhile, there was rapid expansion in retailing during the review
period, including chemists/pharmacies and parapharmacies/drugstores. This resulted in
consumer health becoming more accessible to Serbian consumers, particularly in rural
areas.


Growth slows due to economic downturn
Sales growth notably slowed towards the end of the review period due to the impact of the
economic downturn. Serbia saw a marked drop in real GDP and in remittances in 2009,
with only a slight recovery in 2010. Consumers were meanwhile faced by high inflation and
declining disposable income levels. Consequently, many consumers were forced to cut
back on their spending on consumer health, with many product areas thus seeing weaker
current value growth in the year.


Affordable domestic and regional players gain share
The impact of the economic downturn could clearly be seen on company shares in
consumer health at the end of the review period. Affordable domestic players consequently
mainly gained share in 2010 over the previous year. The leading player in 2010 was state-
owned Galenika, which benefits from offering good quality products at low prices. This
company thus saw the strongest growth in value share in the year. Affordable regional
players also gained share, such as Alkaloid from Macedonia.


Retailing sees rapid development
The Serbian retailing industry saw rapid development during the review period, with the
number of outlets selling consumer health dramatically increasing. There was particularly
strong growth in the number of privately-owned chemists/pharmacies, beauty specialist
retailers and supermarkets/hypermarkets during the review period. Retailing expansion
was thus a key factor behind good current value growth in consumer health, particularly
driving sales growth in rural areas as consumers’ access to these products improved. In
addition, growing competition in the retailing of these products increased price competition
within consumer health and resulted in many products becoming more affordable.


Good forecast period growth thanks to ageing population
Serbia’s ageing population is expected to support strong growth for consumer health
during the forecast period. The country’s consumer base is also expected to become more
sophisticated in its understanding of health problems and their treatment, with growing
media coverage of health and wellness in the country. Consumers are thus likely to
become more willing to self-medicate. This trend is likely to be encouraged by further
expansion in the number of chemists/pharmacies and parapharmacies/drugstores across
the country and by these outlets offering a wider range of consumer health.


TABLE OF CONTENTS
Consumer Health in Serbia - Industry Overview
EXECUTIVE SUMMARY
Increased health awareness and willingness to self-medicate boost sales
Growth slows due to economic downturn
Affordable domestic and regional players gain share
Retailing sees rapid development
Good forecast period growth thanks to ageing population
KEY TRENDS AND DEVELOPMENTS
Retailing expansion improves consumer access
Serbian population ages and declines
End of government price controls on OTC
MARKET INDICATORS
Table 1 Consumer Expenditure on Health Goods and Medical Services 2005-2010
Table 2 Life Expectancy at Birth 2005-2010
MARKET DATA
Table 3 Sales of Consumer Health by Category: Value 2005-2010
Table 4 Sales of Consumer Health by Category: % Value Growth 2005-2010
Table 5 Consumer Health Company Shares 2006-2010
Table 6 Consumer Health Brand Shares 2007-2010
Table 7 Sales of Consumer Health by Distribution Format: % Analysis 2005-2010
Table 8 Sales of Consumer Health by Category and Distribution Format: % Analysis 2010
Table 9 Forecast Sales of Consumer Health by Category: Value 2010-2015
Table 10 Forecast Sales of Consumer Health by Category: % Value Growth 2010-2015
APPENDIX
OTC registration and classification
Vitamins and dietary supplements registration and classification
Self-medication/self-care and preventative medicine
Switches
DEFINITIONS
Summary 1 Research Sources
Consumer Health in Serbia - Company Profiles
Hemofarm ad in Consumer Health (Serbia)
STRATEGIC DIRECTION
KEY FACTS
COMPANY BACKGROUND
PRODUCTION
Summary 4 Hemofarm ad: Production Statistics 2010
COMPETITIVE POSITIONING
Summary 5 Hemofarm ad: Competitive Position 2010
Ivancic i Sinovi doo in Consumer Health (Serbia)
STRATEGIC DIRECTION
KEY FACTS
COMPANY BACKGROUND
PRODUCTION
COMPETITIVE POSITIONING
Summary 8 Ivancic i Sinovi doo: Competitive Position 2010
Jugoremedija ad in Consumer Health (Serbia)
STRATEGIC DIRECTION
KEY FACTS
COMPANY BACKGROUND
PRODUCTION
COMPETITIVE POSITIONING
Summary 11 Jugoremedija ad: Competitive Position 2010
Adult Mouth Care in Serbia - Category Analysis
HEADLINES
TRENDS
Adult mouth care saw only slow current value growth in 2010, with sales mainly being
boosted by inflation. Due to the impact of the economic downturn, some consumers cut
back on the use of these products. By 2010, consumers typically use these products only
when they have a mouth infection and adult mouth care is recommended by a doctor or a
pharmacist. These products were thus rarely used for minor mouth ulcers.
SWITCHES
COMPETITIVE LANDSCAPE
The leader in adult mouth care is domestic player Jugoremedija with its brand Cliacil. This
brand accounted for 23% value share in 2010 and has been the leading brand in adult
mouth care for more than a decade. The brand is positioned as curing most mouth
infections and the majority of pharmacists and doctors routinely recommend Cliacil. The
brand is positioned similarly to Galenika’s Aciklovir and Hemofarm’s Nystatin, which are
Cliacil’s main competitors.
PROSPECTS
Easy-use products are expected to gain share during the forecast period, such as Fitosept
Oriblete and Tantum Verde. These international brands are expected to gain share from
popular domestic brands thanks to their convenience and rapid effect. Younger consumers
increasingly prefer easy-use and instant remedies and are thus turning away from older
brands. This trend is also expected to be encouraged by Serbia’s economic recovery,
particularly towards the end of the forecast period.
CATEGORY DATA
Table 11 Sales of Adult Mouth Care: Value 2005-2010
Table 12 Sales of Adult Mouth Care: % Value Growth 2005-2010
Table 13 Adult Mouth Care Company Shares 2006-2010
Table 14 Adult Mouth Care Brand Shares 2007-2010
Table 15 Forecast Sales of Adult Mouth Care: Value 2010-2015
Table 16 Forecast Sales of Adult Mouth Care: % Value Growth 2010-2015
Analgesics in Serbia - Category Analysis
HEADLINES
TRENDS
Analgesics has been among the most popular product areas in consumer health in Serbia
for decades, with these products being used by all age and income groups. These are the
most common medicines to be found in Serbian households, being used for a wide range
of mild health issues. Consequently, analgesics benefited strongly from a growing
consumer confidence in self-medication. Growth was also spurred by growing consumer
awareness of child-specific systemic analgesics and topical analgesics/anaesthetic.
SWITCHES
COMPETITIVE LANDSCAPE
Galenika is a long-established Serbian medicine producer and led sales of analgesics
throughout the review period, accounting for 38% value share in 2010. The company
benefits from offering the brands Brufen in ibuprofen, Anbol in aspirin and Paracetamol in
acetaminophen, with these having been well accepted among middle-aged and older
consumers for many decades. The company offers a wide range of analgesics, however,
with this also including stomach-friendly Acetisal pH 8 in aspirin, Diklofen in a range of
strengths in diclofenac, Defrinol in child-specific ibuprofen and Brufen and Diklofen brand
extensions in topical analgesics/anaesthetic.
PROSPECTS
There is expected to be growing interest in niche product areas during the forecast period,
as many consumers trade up in search of more effective analgesics. The bulk of sales will
continue to be accounted for by economy products from lower-priced product areas.
However, widening distribution and increasing consumer sophistication will boost sales for
products such as child-specific analgesics and naproxen.
CATEGORY DATA
Table 17 Sales of Analgesics by Category: Value 2005-2010
Table 18 Sales of Analgesics by Category: % Value Growth 2005-2010
Table 19 Analgesics Company Shares 2006-2010
Table 20 Analgesics Brand Shares 2007-2010
Table 21 Forecast Sales of Analgesics by Category: Value 2010-2015
Table 22 Forecast Sales of Analgesics by Category: % Value Growth 2010-2015
Calming and Sleeping in Serbia - Category Analysis
HEADLINES
TRENDS
From 2002 onwards, the Serbian Ministry of Health introduced more rigorous controls over
Rx calming and sleeping products. The government imposed heavier fines on pharmacists
selling Rx products under-the-counter and also required prescriptions to be endorsed by
an additional second doctor. These measures were taken in response to the widespread
abuse of Rx calming and sleeping products, with some consumers having used strong Rx
products such as Bensendin without a doctor’s prescription for many years.
SWITCHES
COMPETITIVE LANDSCAPE
Lek is the leading player in calming and sleeping products and accounted for 8% value
share in 2010. This company offers Persen in Serbia on behalf of multinational player
Novartis. Persen gained popularity among Serbian consumers in 2002-2003 as a
replacement for Rx products, following tighter controls on Rx sales. Persen is thus a
synonym for OTC calming and sleeping products among many consumers and also among
many pharmacists and doctors. The brand consequently benefits from frequent
recommendations as effective stress relief.
PROSPECTS
Calming and sleeping products is expected to continue to see rapid expansion over the
forecast period with a constant value CAGR of 6%. A growing number of Serbian
consumers are expected to start to use these products, partly due to ongoing economic
concerns at the start of the forecast period. Strict controls on under-the-counter sales of
Rx products will also continue to support strong sales growth for Rx products.
CATEGORY DATA
Table 23 Sales of Calming and Sleeping: Value 2005-2010
Table 24 Sales of Calming and Sleeping: % Value Growth 2005-2010
Table 25 Calming and Sleeping Company Shares 2006-2010
Table 26 Calming and Sleeping Brand Shares 2007-2010
Table 27 Forecast Sales of Calming and Sleeping: Value 2010-2015
Table 28 Forecast Sales of Calming and Sleeping: % Value Growth 2010-2015
Cough, Cold and Allergy (Hay Fever) Remedies in Serbia - Category Analysis
HEADLINES
TRENDS
2009 saw strong growth for cough, cold and allergy (hay fever) remedies due to the
AH1N1 epidemic. Products such as combination products and cough remedies benefited in
this year by many consumers using them as a preventative measure against flu, thus
seeing 24% and 23% current value growth respectively in 2009. However, 2010 saw sales
growth plummet in these areas as the panic subsided, with combination products seeing
only 1% current value growth in 2010 and cough remedies growing by just 6%.
SWITCHES
COMPETITIVE LANDSCAPE
Zdravlje-Leskovac, which is owned by Icelandic company Actavis, is the leader in Serbian
cough, cold and allergy (hay fever) remedies and accounted for 18% of value in 2010. The
company’s Fitosept range is very familiar to most Serbian consumers due to having been
present in the country for decades. The company however lost share slightly in 2010 over
the previous year as it struggled to match the strong marketing support offered by other
multinationals such as GlaxoSmithKline and Bristol-Myers Squibb.
PROSPECTS
Demand for child-specific cough, cold and allergy (hay fever) remedies is expected to rise
over the forecast period. Growth will be supported by growing awareness of these
products’ gentle effect and a growing interest in child-specific consumer health in general,
with this underpinning 5% constant value CAGR for child-specific cough/cold remedies.
Growth is also expected to be driven by strong new product development in this product
area. 2010 saw the entry of Nasya kids, which is expected to spur strong growth in child-
specific allergy remedies and result in this product area gaining significant sales during the
forecast period.
CATEGORY DATA
Table 29 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value
2005-2010
Table 30 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value
Growth 2005-2010
Table 31 Cough, Cold and Allergy (Hay Fever) Remedies Company Shares 2006-2010
Table 32 Cough, Cold and Allergy (Hay Fever) Remedies Brand Shares 2007-2010
Table 33 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category:
Value 2010-2015
Table 34 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: %
Value Growth 2010-2015
Digestive Remedies in Serbia - Category Analysis
HEADLINES
TRENDS
Digestive remedies suffered from the impact of the economic downturn at the end of the
review period. Increased price-sensitivity resulted in many consumers switching from
packaged to home-made digestive remedies towards the end of the review period, with
this trend impacting product areas such as laxatives and diarrhoeal remedies. In addition,
consumers spent less on food and drink, with a shift away from richer food and alcoholic
drinks also resulting in less demand for digestive remedies.
SWITCHES
COMPETITIVE LANDSCAPE
Zdravlje-Leskovac offers popular brand Ranisan in H2 blockers on behalf of Actavis Group.
The company is thus the leading player in digestive remedies, with Ranisan alone
accounting for 20% value share in 2010. The company’s other leading brand is Loperamid
in diarrhoeal remedies, with both brands benefiting from strong distribution, widespread
consumer awareness and effective marketing support. Ranisan is commonly-recommended
in chemists/pharmacies and parapharmacies/drugstores for those suffering from
indigestion and heartburn. Overall, Zdravlje-Leskovac accounted for 30% value share in
2010.
PROSPECTS
Growth is expected to be muted for digestive remedies during the forecast period. Sales
growth is likely to remain low due to consumers’ economic uncertainty, with many opting
for lower-priced or home-made remedies as a result. In addition, there is likely to be
growing awareness of the causes of digestive disorders during the forecast period.
Consequently, many consumers will seek to improve their digestion by eating healthier
diets, observing stricter levels of hygiene and supplementing their diets with pro/pre biotic
dairy products.
CATEGORY DATA
Table 35 Sales of Digestive Remedies by Category: Value 2005-2010
Table 36 Sales of Digestive Remedies by Category: % Value Growth 2005-2010
Table 37 Digestive Remedies Company Shares 2006-2010
Table 38 Digestive Remedies Brand Shares 2007-2010
Table 39 Forecast Sales of Digestive Remedies by Category: Value 2010-2015
Table 40 Forecast Sales of Digestive Remedies by Category: % Value Growth 2010-2015
Ear Care in Serbia - Category Analysis
HEADLINES
TRENDS
There was little activity within ear care towards the end of the review period. Players
invested little in promoting these products and there was a lack of new product
development. Sales are dominated by two brands: Galenika’s Hydrocyclin and Hemofarm’s
Otol H, which have been present for many years. This lack of competitive activity hindered
sales growth, with current value growth thus mainly being driven by a growing consumer
willingness to self-medicate and by inflation.
SWITCHES
COMPETITIVE LANDSCAPE
Galenika leads ear care, with its Hydrocyclin brand accounting for 36% value share in
2010. This brand is widely recognised by pharmacists and doctors, both reducing
inflammation and containing antibiotics that tackle a wide range of bacterial ear infections.
Those consumers who self-medicate are also most likely to choose this brand, as it has
been present in Serbia for decades and thus enjoys the strongest consumer awareness
within ear care.
PROSPECTS
Serbian ear care is not expected to see dramatic changes during the forecast period in
terms of increased demand, premiumisation or new entrants. Value sales growth will
instead be driven mainly by inflation. However, slow volume growth of around 1-2% a
year will also be supported by increased health awareness and a growing willingness to
self-medicate. Rural sales growth will also be supported by expansion in the number of
chemists/pharmacies and parapharmacies/drugstores in these areas, with this making ear
care more accessible.
CATEGORY DATA
Table 41 Sales of Ear Care: Value 2005-2010
Table 42 Sales of Ear Care: % Value Growth 2005-2010
Table 43 Ear Care Company Shares 2006-2010
Table 44 Ear Care Brand Shares 2007-2010
Table 45 Forecast Sales of Ear Care: Value 2010-2015
Table 46 Forecast Sales of Ear Care: % Value Growth 2010-2015
Eye Care in Serbia - Category Analysis
HEADLINES
TRENDS
Serbian eye care was constrained by a lack of player investment at the end of the review
period. There was little activity in terms of new product development or in terms of
marketing. Value sales growth was thus mainly caused by increased current value prices
due to inflation rather than volume growth or premiumisation. Sales however benefited
from increased health-awareness among Serbian consumers and a growing willingness to
self-medicate.
SWITCHES
COMPETITIVE LANDSCAPE
Galenika dominates eye care sales and accounted for 53% value share in 2010. The
company’s Chloramphenicol is among the brands most recommended by doctors and
pharmacists as it cures most mild eye problems and tackles a wide spectrum of bacteria.
Chloramphenicol has been present in Serbia for decades. Many consumers suffering from
long-term mild eye problems consequently purchase this product themselves without any
previous consultation with a doctor or pharmacist.
PROSPECTS
Eye care is not expected to see dramatic changes during the forecast period. The leading
brands are expected to remain strong during the forecast period, benefiting from a long
history in the country and a high degree of customer loyalty. However, sales growth is
likely to be constrained by consumer price-sensitivity at the start of the forecast period.
Overall, eye care is thus expected to see a slow constant value CAGR of 2% during the
forecast period.
CATEGORY DATA
Table 47 Sales of Eye Care by Category: Value 2005-2010
Table 48 Sales of Eye Care by Category: % Value Growth 2005-2010
Table 49 Standard Eye Care by Type: % Value Breakdown 2007-2010
Table 50 Eye Care Company Shares 2006-2010
Table 51 Eye Care Brand Shares 2007-2010
Table 52 Forecast Sales of Eye Care by Category: Value 2010-2015
Table 53 Forecast Sales of Eye Care by Category: % Value Growth 2010-2015
Herbal/Traditional Products in Serbia - Category Analysis
HEADLINES
TRENDS
Herbal/traditional products benefited from two main trends at the end of the review
period. Firstly, these products benefited from their natural image. There was a growing
health-awareness in the country during the review period, with consumers becoming
increasingly concerned about the side effects associated with standard products. In
addition, many herbal/traditional products also benefited from low prices, which attracted
consumers in the wake of the economic downturn.
COMPETITIVE LANDSCAPE
Herbal/traditional products is extremely fragmented, with “others” accounting for 89%
value share in 2010. This is due to a large number of product categories and also due to a
large number of small domestic products. “Others” further gained over half a percentage
point in value share in 2010 over the previous year, while all leading players either lost
share or stagnated. This was due to parapharmacies/drugstores and chemists/pharmacies
offering a wider range of products and brands.
PROSPECTS
Sales of herbal/traditional products are expected to benefit from the health and wellness
trend during the forecast period. Consumers are expected to increasingly question the side
effects associated with standard medicines. In addition, there is expected to be increasing
trust in the efficacy and safety of herbal remedies.
CATEGORY DATA
Table 54 Sales of Herbal/Traditional Products: Value 2005-2010
Table 55 Sales of Herbal/Traditional Products: % Value Growth 2005-2010
Table 56 Herbal/Traditional Products Company Shares 2006-2010
Table 57 Herbal/Traditional Products Brand Shares 2007-2010
Table 58 Forecast Sales of Herbal/Traditional Products: Value 2010-2015
Table 59 Forecast Sales of Herbal/Traditional Products: % Value Growth 2010-2015
Medicated Skin Care in Serbia - Category Analysis
HEADLINES
TRENDS
Medicated skin care suffered due to the crisis in Serbia in 2010, due to the cosmetic
positioning of many products. Many consumers cut back on their purchase of products
such as acne treatments, medicated shampoos and hair loss treatments, regarding these
products as non-essential. There was also a shift from topical germicidals/antiseptics and
nappy (diaper) rash treatments to cheaper home-made alternatives, such as alcohol and
chamomile tea. 2010 thus saw visibly slower current value growth at 3% in comparison to
a review period current value CAGR of 13%.
SWITCHES
COMPETITIVE LANDSCAPE
Beiersdorf leads sales of medicated skin care thanks to its Nivea Baby brand in nappy
(diaper) rash treatments. The company led sales throughout the review period and
accounted for 33% value share in 2010. Nivea is an extremely popular skin care brand in
Serbia, having been present for decades and entering before most other foreign.
PROSPECTS
Slow economic recovery during the forecast period is expected to boost sales for
medicated skin care. Many of these products are widely regarded as non-essential, with
this perception hindering sales growth for products such as acne treatments and
medicated shampoos. Consequently, sales growth is expected to benefit from rising
disposable income levels. Growth is also expected to be supported by greater competition
during the forecast period, with both players and retailers likely to compete for share by
focusing on offering low prices and strong marketing support.
CATEGORY DATA
Table 60 Sales of Medicated Skin Care by Category: Value 2005-2010
Table 61 Sales of Medicated Skin Care by Category: % Value Growth 2005-2010
Table 62 Medicated Skin Care Company Shares by Value 2006-2010
Table 63 Medicated Skin Care Brand Shares 2007-2010
Table 64 Hair Loss Treatments Brand Shares 2007-2010
Table 65 Forecast Sales of Medicated Skin Care by Category: Value 2010-2015
Table 66 Forecast Sales of Medicated Skin Care by Category: % Value Growth 2010-2015
NRT Smoking Cessation Aids in Serbia - Category Analysis
HEADLINES
TRENDS
On 11 November 2010, Serbia introduced the Law of Protection from Tobacco Smoke. This
tough legislation banned smoking inside and outside all government buildings and in
schools, social care institutions, building used for cultural or sporting activities and media
buildings. Smoking is banned in all enclosed public spaces and work spaces as well as
many on-trade outlets and in open air theatres and cinemas. Smaller bars and cafes may
decide if they wish to be smoke-free or not, while larger on-trade outlets must provide a
non-smoking area that occupies more than half of the premises and is properly ventilated.
Fines for non-compliance are high, ranging from RSD5,000 upwards.
SWITCHES
COMPETITIVE LANDSCAPE
Johnson & Johnson’s Nicorette Freshmint is the only product available in NRT smoking
cessation aids in Serbia. This lack of competition constrained growth at the end of the
review period. There is little pressure on Johnson & Johnson to offer attractive prices or to
invest in strong advertising support, due to the company’s monopoly within NRT smoking
cessation aids.
PROSPECTS
The introduction of the smoking ban in 2010 is expected to result in a further decline in
the smoking population during the forecast period. This legislation is expected to be
rigorously enforced as Serbia seeks EU membership. The government is also expected to
further increase taxes on all tobacco products over the forecast period. Overall, the
number of smokers in Serbia is expected to drop to 1.5 million by 2015, down by 13%
during the forecast period. The smoking population is thus set to decline to below 27% of
the overall population. A growing number of smokers will seek to quit smoking, spurred by
the smoking ban and by growing health-awareness in the country.
CATEGORY INDICATORS
Table 67 Number of Smokers by Gender 2005-2010
CATEGORY DATA
Table 68 Sales of NRT Smoking Cessation Aids by Category: Value 2005-2010
Table 69 Sales of NRT Smoking Cessation Aids by Category: % Value Growth 2005-2010
Table 70 NRT Gum Flavours: % Value Breakdown 2006-2010
Table 71 NRT Smoking Cessation Aids Company Shares 2006-2010
Table 72 NRT Smoking Cessation Aids Brand Shares 2007-2010
Table 73 Forecast Sales of NRT Smoking Cessation Aids by Category: Value 2010-2015
Table 74 Forecast Sales of NRT Smoking Cessation Aids by Category: % Value Growth
2010-2015
Sports Nutrition in Serbia - Category Analysis
HEADLINES
TRENDS
Sports nutrition suffered from an extremely narrow target group throughout the review
period. These products are only used regularly by bodybuilders. Most Serbian consumers
view sports nutrition as dangerous, with many confusing these products with illegal
steroids. Even those who are aware of the distinction between sports nutrition and steroids
are concerned by these products’ rapid impact on the human body. Many sports nutrition
users indeed agree that these products are unhealthy, although they are willing to use
them in order to rapidly reach their sporting or fitness goals.
COMPETITIVE LANDSCAPE
There were no visible leaders in Serbian sports nutrition at the end of the review period,
with shares being highly fragmented. A number of companies have a presence in most
specialised sports nutrition stores, however. These include Twinlab Corp, Ultimate
Nutrition, Universal Nutrition, Bio Tech Nutrition, Dymatize and Medical Pharma.
PROSPECTS
Exercise trends are changing in Serbia, which is likely to pose a major challenge to sports
nutrition during the forecast period. At the start of the 2000s, bodybuilding was a
mainstream gym activity and many men in particular visited gyms regularly aiming to
increase their muscle mass and shape their bodies. To reach this goal, many bodybuilders
were encouraged to use sports nutrition by gym owners or close friends.
CATEGORY DATA
Table 75 Sports Nutrition, category rankings 2010
Table 76 Sales of Sports Nutrition: Value 2005-2010
Table 77 Sales of Sports Nutrition: % Value Growth 2005-2010
Table 78 Sports Nutrition By Format: % Value Breakdown 2007-2010
Table 79 Forecast Sales of Sports Nutrition: Value 2010-2015
Table 80 Forecast Sales of Sports Nutrition: % Value Growth 2010-2015
Vitamins and Dietary Supplements in Serbia - Category Analysis
HEADLINES
TRENDS
Sales benefited from widening distribution for vitamins and dietary supplements towards
the end of the review period. Supermarkets and hypermarkets notably saw 43% and 36%
current value growth respectively in 2010 thanks to widening their ranges. Consumers
thus gained better access to vitamins and dietary supplements, while there was also a
strong 19% current value growth in internet retailing sales at the end of the review period.
Consumers increasingly explored the wider range of vitamins and dietary supplements
available online.
VITAMINS
DIETARY SUPPLEMENTS
COMPETITIVE LANDSCAPE
CaliVita International is leader in Serbian vitamins and dietary supplement market in 2010.
This company came to the market at the beginning of the previous decade when Serbian
VDS market was extremely undeveloped. In a short time, this company succeeded to
cover significant market share of Serbian VDS market to reach 67% in 2010.
PROSPECTS
Growing health-awareness is expected to support sales growth during the forecast period.
The Serbian media is expected to become increasingly focused on health and wellness
stories and will cover the latest trends and health claims in this area. Consumers are also
likely to become more interested in health and wellness due to the ageing population with
a growing number willing to invest in preserving their energy levels and youth.
CATEGORY DATA
Summary 12 Dietary Supplements: Brand Ranking by Positioning 2010
Table 81 Sales of Vitamins and Dietary Supplements by Category: Value 2005-2010
Table 82 Sales of Vitamins and Dietary Supplements by Category: % Value Growth 2005-
2010
Table 83 Dietary Supplements by Positioning 2006-2010
Table 84 Vitamins and Dietary Supplements Company Shares 2006-2010
Table 85 Vitamins and Dietary Supplements Brand Shares 2007-2010
Table 86 Vitamins Brand Shares 2007-2010
Table 87 Dietary Supplements Brand Shares 2007-2010
Table 88 Forecast Sales of Vitamins and Dietary Supplements by Category: Value 2010-
2015
Table 89 Forecast Sales of Vitamins and Dietary Supplements by Category: % Value
Growth 2010-2015
Weight Management in Serbia - Category Analysis
HEADLINES
TRENDS
Weight management saw growing interest in Serbia towards the end of the review period.
This was due to consumers increasingly focusing on their appearance, with a growing
association between slimness and health and social success. Many took western European
and US celebrities and models as inspiration and aspired to lose weight in order to look
more like them. Growing interest in staying slim was thus driven more by consumers
seeking to look slim and attractive, rather than by a sharp rise in obesity and overweight
in the country.
COMPETITIVE LANDSCAPE
Biomed was the leader in weight management in 2010 with 21% value share. This
company has been well-known among Serbian consumers from the 1990s onwards, when
it introduced Biomed 4. This is the leading meal replacement slimming brand and
accounted for 29% value share in 2010, while ranking second in weight loss supplements
with 22% value share. Biomed also offers White Tiger energy bars in meal replacement
slimming. Thanks to strong advertising, Biomed also saw the strongest growth in value
share in 2010 over the previous year, gaining almost a percentage point.
PROSPECTS
Weight management is expected to see fast growth over the forecast period. There is
expected to be an upsurge in demand among younger people, with a growing focus on
Western European and US celebrities and a growing focus on looking slim and fashionable.
This trend is expected to be especially strong among the female population aged 16-40-
years-old.
CATEGORY DATA
Table 90 Sales of Weight Management by Category: Value 2005-2010
Table 91 Sales of Weight Management by Category: % Value Growth 2005-2010
Table 92 Weight Management Company Shares 2006-2010
Table 93 Weight Management Brand Shares 2007-2010
Table 94 Forecast Sales of Weight Management by Category: Value 2010-2015
Table 95 Forecast Sales of Weight Management by Category: % Value Growth 2010-2015
Wound Care in Serbia - Category Analysis
HEADLINES
TRENDS
Wound care saw growth rates drop towards the end of the review period, as the economic
downturn resulted in many consumers buying these products only when needed. There
was also a shift towards cheaper products, with first aid kits notably seeing current value
growth plummet to 2% in 2010. Instead, many consumers opted for cheap bandages. As a
result, current value sales rose by just 6% in 2010 over the previous year in comparison
to a review period current value CAGR of 12%.
COMPETITIVE LANDSCAPE
45% of value sales in Serbian wound care were accounted for by Galenika in 2010. This
company offers products across wound care, including first aid kits, sticking
plasters/adhesive bandages and gauze, tape and “other” wound care. The company has
been present in wound care for decades and has the strongest distribution across the
country. Galenika ad is still managed by the government and enjoys strong consumer
confidence.
PROSPECTS
Growth rates in wound care are expected to remain muted at the start of the forecast
period. Ongoing economic uncertainty will result in consumers continuing to opt for
economy options within wound care, particularly bandages. As a result of this trend,
wound care is expected to see only slow growth during the forecast period, with a constant
value CAGR of 3%.
CATEGORY DATA
Table 96 Sales of Wound Care by Category: Value 2005-2010
Table 97 Sales of Wound Care by Category: % Value Growth 2005-2010
Table 98 Wound Care Company Shares 2006-2010
Table 99 Wound Care Brand Shares 2007-2010
Table 100 Forecast Sales of Wound Care by Category: Value 2010-2015
Table 101 Forecast Sales of Wound Care by Category: % Value Growth 2010-2015
About Us:

ReportsnReports is an online library of over 100,000+ market research reports and in-depth
market research studies & analysis of over 5000 micro markets. We provide 24/7 online and
offline support to our customers. Get in touch with us for your needs of market research
reports.

Follow us on Twitter: http://twitter.com/marketsreports

Our Facebook Page: http://www.facebook.com/pages/ReportsnReports/191441427571689

Contact:
Mr.Priyank
7557 Rambler road,
Suite727,Dallas,TX75231
Tel: + 1 888 391 5441

E-mail: sales@reportsandreports.com

http://www.reportsnreports.com

Visit our Market Research Blog

More Related Content

What's hot

Ophthalmology Drugs Global Market Report 2018
Ophthalmology Drugs Global Market Report 2018Ophthalmology Drugs Global Market Report 2018
Ophthalmology Drugs Global Market Report 2018lakshmipraneethganti
 
Pharmaceutical drugs global market report 2018
Pharmaceutical drugs global market report 2018Pharmaceutical drugs global market report 2018
Pharmaceutical drugs global market report 2018lakshmipraneethganti
 
Strategies for International Consumer Segmentation
Strategies for International Consumer SegmentationStrategies for International Consumer Segmentation
Strategies for International Consumer SegmentationDatamonitor Consumer
 
Beauty and Personal Care in the US
Beauty and Personal Care in the USBeauty and Personal Care in the US
Beauty and Personal Care in the USUmesh Dubal
 
Homeopathy Product Market - Higher Growth Rate & Forecast 2017 - 2025
Homeopathy Product Market - Higher Growth Rate & Forecast 2017 - 2025Homeopathy Product Market - Higher Growth Rate & Forecast 2017 - 2025
Homeopathy Product Market - Higher Growth Rate & Forecast 2017 - 2025Arushi00
 
Pharma Market OTC & Nutrition Situation MAT 2013 Q2
Pharma Market OTC & Nutrition Situation MAT 2013 Q2Pharma Market OTC & Nutrition Situation MAT 2013 Q2
Pharma Market OTC & Nutrition Situation MAT 2013 Q2Danny D. Kosasih
 
Minoxidil market report | CMI PR
Minoxidil market report | CMI PRMinoxidil market report | CMI PR
Minoxidil market report | CMI PRManimaranReddy
 
Hemp based products market
Hemp based products marketHemp based products market
Hemp based products marketDineshBhol
 
Consumer Foodservice in Chile
Consumer Foodservice in ChileConsumer Foodservice in Chile
Consumer Foodservice in ChileReportsnReports
 
Beauty and Personal Care in South Korea
Beauty and Personal Care in South KoreaBeauty and Personal Care in South Korea
Beauty and Personal Care in South KoreaReportsnReports
 
Consumer Foodservice in Venezuela
Consumer Foodservice in VenezuelaConsumer Foodservice in Venezuela
Consumer Foodservice in VenezuelaReportsnReports
 
Global cosmetics market
Global cosmetics marketGlobal cosmetics market
Global cosmetics marketKaran Singh
 
L arginine market
L arginine marketL arginine market
L arginine marketMonica R
 
Daxue consulting slideshare_infantformula
Daxue consulting slideshare_infantformulaDaxue consulting slideshare_infantformula
Daxue consulting slideshare_infantformulaDaxue Consulting
 
Bathroom & toilet assist devices market
Bathroom & toilet assist devices marketBathroom & toilet assist devices market
Bathroom & toilet assist devices marketameliasimon0
 
Consumer Foodservice in Belgium
Consumer Foodservice in BelgiumConsumer Foodservice in Belgium
Consumer Foodservice in BelgiumReportsnReports
 

What's hot (19)

Cosmetics & Toiletries USA
Cosmetics & Toiletries USACosmetics & Toiletries USA
Cosmetics & Toiletries USA
 
Ophthalmology Drugs Global Market Report 2018
Ophthalmology Drugs Global Market Report 2018Ophthalmology Drugs Global Market Report 2018
Ophthalmology Drugs Global Market Report 2018
 
Pharmaceutical drugs global market report 2018
Pharmaceutical drugs global market report 2018Pharmaceutical drugs global market report 2018
Pharmaceutical drugs global market report 2018
 
Strategies for International Consumer Segmentation
Strategies for International Consumer SegmentationStrategies for International Consumer Segmentation
Strategies for International Consumer Segmentation
 
Beauty and Personal Care in the US
Beauty and Personal Care in the USBeauty and Personal Care in the US
Beauty and Personal Care in the US
 
Homeopathy Product Market - Higher Growth Rate & Forecast 2017 - 2025
Homeopathy Product Market - Higher Growth Rate & Forecast 2017 - 2025Homeopathy Product Market - Higher Growth Rate & Forecast 2017 - 2025
Homeopathy Product Market - Higher Growth Rate & Forecast 2017 - 2025
 
Pharma Market OTC & Nutrition Situation MAT 2013 Q2
Pharma Market OTC & Nutrition Situation MAT 2013 Q2Pharma Market OTC & Nutrition Situation MAT 2013 Q2
Pharma Market OTC & Nutrition Situation MAT 2013 Q2
 
Minoxidil market report | CMI PR
Minoxidil market report | CMI PRMinoxidil market report | CMI PR
Minoxidil market report | CMI PR
 
Hemp based products market
Hemp based products marketHemp based products market
Hemp based products market
 
Consumer Foodservice in Chile
Consumer Foodservice in ChileConsumer Foodservice in Chile
Consumer Foodservice in Chile
 
Beauty and Personal Care in South Korea
Beauty and Personal Care in South KoreaBeauty and Personal Care in South Korea
Beauty and Personal Care in South Korea
 
Consumer Foodservice in Venezuela
Consumer Foodservice in VenezuelaConsumer Foodservice in Venezuela
Consumer Foodservice in Venezuela
 
Global cosmetics market
Global cosmetics marketGlobal cosmetics market
Global cosmetics market
 
L arginine market
L arginine marketL arginine market
L arginine market
 
Soft Drinks in Slovenia
Soft Drinks in SloveniaSoft Drinks in Slovenia
Soft Drinks in Slovenia
 
Daxue consulting slideshare_infantformula
Daxue consulting slideshare_infantformulaDaxue consulting slideshare_infantformula
Daxue consulting slideshare_infantformula
 
Bathroom & toilet assist devices market
Bathroom & toilet assist devices marketBathroom & toilet assist devices market
Bathroom & toilet assist devices market
 
Consumer Foodservice in Belgium
Consumer Foodservice in BelgiumConsumer Foodservice in Belgium
Consumer Foodservice in Belgium
 
Clear aligners market
Clear aligners market Clear aligners market
Clear aligners market
 

Similar to Consumer Health in Serbia

State of the Consumer Health Industry in 2014
State of the Consumer Health Industry in 2014State of the Consumer Health Industry in 2014
State of the Consumer Health Industry in 2014Euromonitor International
 
Mera medicare
Mera medicareMera medicare
Mera medicareDilip Rao
 
Packaged Food in Italy
Packaged Food in ItalyPackaged Food in Italy
Packaged Food in ItalyJames Parker
 
Consumer health in vietnam aug 2012
Consumer health in vietnam   aug 2012Consumer health in vietnam   aug 2012
Consumer health in vietnam aug 2012nguyen phuoc nguyen
 
Key challenges and priorities in sales transformation indonesia prespective
Key challenges and priorities in sales transformation  indonesia prespectiveKey challenges and priorities in sales transformation  indonesia prespective
Key challenges and priorities in sales transformation indonesia prespectiveMoch Kurniawan
 
Consumer Lifestyles in Norway
Consumer Lifestyles in NorwayConsumer Lifestyles in Norway
Consumer Lifestyles in NorwayReportsnReports
 
Home care in pakistan
Home care in pakistanHome care in pakistan
Home care in pakistanlinda3395
 
EVA pharma document
EVA pharma documentEVA pharma document
EVA pharma documentAkramMad1
 
Consumer Foodservice in South Africa
Consumer Foodservice in South AfricaConsumer Foodservice in South Africa
Consumer Foodservice in South AfricaReportsnReports
 
[Fsa] GSK fianacial statement analysis
[Fsa] GSK fianacial statement analysis[Fsa] GSK fianacial statement analysis
[Fsa] GSK fianacial statement analysisNguyen Thi Trang Nhung
 
Pharmaceutical industry pestel analysis
Pharmaceutical industry pestel analysisPharmaceutical industry pestel analysis
Pharmaceutical industry pestel analysisRahul Pagaria
 
Pharmaceutical Industry Analytics
Pharmaceutical Industry AnalyticsPharmaceutical Industry Analytics
Pharmaceutical Industry AnalyticsJatin Arora
 
Natural and Organic Foods and Beverages in the U.S., 4th Edition
Natural and Organic Foods and Beverages in the U.S., 4th EditionNatural and Organic Foods and Beverages in the U.S., 4th Edition
Natural and Organic Foods and Beverages in the U.S., 4th EditionMarketResearch.com
 
Philippines dental care market report |Philippines Dental Care Services
Philippines dental care market report |Philippines Dental Care ServicesPhilippines dental care market report |Philippines Dental Care Services
Philippines dental care market report |Philippines Dental Care ServicesKen Research Pvt ltd.
 
Tissue and Hygiene in Mexico
Tissue and Hygiene in MexicoTissue and Hygiene in Mexico
Tissue and Hygiene in MexicoReportsnReports
 
Explore Pharmaceuticals Industry 2020 - Goldstein Market Intelligence
Explore Pharmaceuticals Industry 2020 - Goldstein Market IntelligenceExplore Pharmaceuticals Industry 2020 - Goldstein Market Intelligence
Explore Pharmaceuticals Industry 2020 - Goldstein Market IntelligenceGoldstein Market Intelligence
 
Consumer Foodservice in Finland
Consumer Foodservice in FinlandConsumer Foodservice in Finland
Consumer Foodservice in FinlandReportsnReports
 
Strategic Management presentation for a Pharmaceutical Industry
Strategic Management presentation for a Pharmaceutical IndustryStrategic Management presentation for a Pharmaceutical Industry
Strategic Management presentation for a Pharmaceutical IndustryEngr. Carlo Senica, MBA, CPSM
 

Similar to Consumer Health in Serbia (20)

State of the Consumer Health Industry in 2014
State of the Consumer Health Industry in 2014State of the Consumer Health Industry in 2014
State of the Consumer Health Industry in 2014
 
Mera medicare
Mera medicareMera medicare
Mera medicare
 
Packaged Food in Italy
Packaged Food in ItalyPackaged Food in Italy
Packaged Food in Italy
 
Consumer health in vietnam aug 2012
Consumer health in vietnam   aug 2012Consumer health in vietnam   aug 2012
Consumer health in vietnam aug 2012
 
Key challenges and priorities in sales transformation indonesia prespective
Key challenges and priorities in sales transformation  indonesia prespectiveKey challenges and priorities in sales transformation  indonesia prespective
Key challenges and priorities in sales transformation indonesia prespective
 
Consumer Lifestyles in Norway
Consumer Lifestyles in NorwayConsumer Lifestyles in Norway
Consumer Lifestyles in Norway
 
Home care in pakistan
Home care in pakistanHome care in pakistan
Home care in pakistan
 
0403 1 Stefan Weber - approaches to value and pricing
0403 1 Stefan Weber - approaches to value and pricing0403 1 Stefan Weber - approaches to value and pricing
0403 1 Stefan Weber - approaches to value and pricing
 
EVA pharma document
EVA pharma documentEVA pharma document
EVA pharma document
 
Consumer Foodservice in South Africa
Consumer Foodservice in South AfricaConsumer Foodservice in South Africa
Consumer Foodservice in South Africa
 
[Fsa] GSK fianacial statement analysis
[Fsa] GSK fianacial statement analysis[Fsa] GSK fianacial statement analysis
[Fsa] GSK fianacial statement analysis
 
Pharmaceutical industry pestel analysis
Pharmaceutical industry pestel analysisPharmaceutical industry pestel analysis
Pharmaceutical industry pestel analysis
 
Pharmaceutical Industry Analytics
Pharmaceutical Industry AnalyticsPharmaceutical Industry Analytics
Pharmaceutical Industry Analytics
 
CKaisa_Presentation_Final
CKaisa_Presentation_FinalCKaisa_Presentation_Final
CKaisa_Presentation_Final
 
Natural and Organic Foods and Beverages in the U.S., 4th Edition
Natural and Organic Foods and Beverages in the U.S., 4th EditionNatural and Organic Foods and Beverages in the U.S., 4th Edition
Natural and Organic Foods and Beverages in the U.S., 4th Edition
 
Philippines dental care market report |Philippines Dental Care Services
Philippines dental care market report |Philippines Dental Care ServicesPhilippines dental care market report |Philippines Dental Care Services
Philippines dental care market report |Philippines Dental Care Services
 
Tissue and Hygiene in Mexico
Tissue and Hygiene in MexicoTissue and Hygiene in Mexico
Tissue and Hygiene in Mexico
 
Explore Pharmaceuticals Industry 2020 - Goldstein Market Intelligence
Explore Pharmaceuticals Industry 2020 - Goldstein Market IntelligenceExplore Pharmaceuticals Industry 2020 - Goldstein Market Intelligence
Explore Pharmaceuticals Industry 2020 - Goldstein Market Intelligence
 
Consumer Foodservice in Finland
Consumer Foodservice in FinlandConsumer Foodservice in Finland
Consumer Foodservice in Finland
 
Strategic Management presentation for a Pharmaceutical Industry
Strategic Management presentation for a Pharmaceutical IndustryStrategic Management presentation for a Pharmaceutical Industry
Strategic Management presentation for a Pharmaceutical Industry
 

More from James Parker

Ppt format rn r k12
Ppt format rn r k12Ppt format rn r k12
Ppt format rn r k12James Parker
 
World bearings to 2016
World bearings to 2016World bearings to 2016
World bearings to 2016James Parker
 
Morrisons uk: consumer profile
Morrisons uk: consumer profileMorrisons uk: consumer profile
Morrisons uk: consumer profileJames Parker
 
The Pharmaceutical Market: Canada
The Pharmaceutical Market: CanadaThe Pharmaceutical Market: Canada
The Pharmaceutical Market: CanadaJames Parker
 
Biomarker technology platforms for cancer diagnoses and therapies
Biomarker technology platforms for cancer diagnoses and therapiesBiomarker technology platforms for cancer diagnoses and therapies
Biomarker technology platforms for cancer diagnoses and therapiesJames Parker
 
ReportsnReports.com: Ultrasound Markets
ReportsnReports.com: Ultrasound MarketsReportsnReports.com: Ultrasound Markets
ReportsnReports.com: Ultrasound MarketsJames Parker
 
Ultrasound markets
Ultrasound marketsUltrasound markets
Ultrasound marketsJames Parker
 

More from James Parker (7)

Ppt format rn r k12
Ppt format rn r k12Ppt format rn r k12
Ppt format rn r k12
 
World bearings to 2016
World bearings to 2016World bearings to 2016
World bearings to 2016
 
Morrisons uk: consumer profile
Morrisons uk: consumer profileMorrisons uk: consumer profile
Morrisons uk: consumer profile
 
The Pharmaceutical Market: Canada
The Pharmaceutical Market: CanadaThe Pharmaceutical Market: Canada
The Pharmaceutical Market: Canada
 
Biomarker technology platforms for cancer diagnoses and therapies
Biomarker technology platforms for cancer diagnoses and therapiesBiomarker technology platforms for cancer diagnoses and therapies
Biomarker technology platforms for cancer diagnoses and therapies
 
ReportsnReports.com: Ultrasound Markets
ReportsnReports.com: Ultrasound MarketsReportsnReports.com: Ultrasound Markets
ReportsnReports.com: Ultrasound Markets
 
Ultrasound markets
Ultrasound marketsUltrasound markets
Ultrasound markets
 

Recently uploaded

Mumbai Call Girls Service 9910780858 Real Russian Girls Looking Models
Mumbai Call Girls Service 9910780858 Real Russian Girls Looking ModelsMumbai Call Girls Service 9910780858 Real Russian Girls Looking Models
Mumbai Call Girls Service 9910780858 Real Russian Girls Looking Modelssonalikaur4
 
Call Girls Hebbal Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hebbal Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Hebbal Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hebbal Just Call 7001305949 Top Class Call Girl Service Availablenarwatsonia7
 
VIP Call Girls Pune Vrinda 9907093804 Short 1500 Night 6000 Best call girls S...
VIP Call Girls Pune Vrinda 9907093804 Short 1500 Night 6000 Best call girls S...VIP Call Girls Pune Vrinda 9907093804 Short 1500 Night 6000 Best call girls S...
VIP Call Girls Pune Vrinda 9907093804 Short 1500 Night 6000 Best call girls S...Miss joya
 
Artifacts in Nuclear Medicine with Identifying and resolving artifacts.
Artifacts in Nuclear Medicine with Identifying and resolving artifacts.Artifacts in Nuclear Medicine with Identifying and resolving artifacts.
Artifacts in Nuclear Medicine with Identifying and resolving artifacts.MiadAlsulami
 
Kolkata Call Girls Services 9907093804 @24x7 High Class Babes Here Call Now
Kolkata Call Girls Services 9907093804 @24x7 High Class Babes Here Call NowKolkata Call Girls Services 9907093804 @24x7 High Class Babes Here Call Now
Kolkata Call Girls Services 9907093804 @24x7 High Class Babes Here Call NowNehru place Escorts
 
College Call Girls Pune Mira 9907093804 Short 1500 Night 6000 Best call girls...
College Call Girls Pune Mira 9907093804 Short 1500 Night 6000 Best call girls...College Call Girls Pune Mira 9907093804 Short 1500 Night 6000 Best call girls...
College Call Girls Pune Mira 9907093804 Short 1500 Night 6000 Best call girls...Miss joya
 
Call Girls Frazer Town Just Call 7001305949 Top Class Call Girl Service Avail...
Call Girls Frazer Town Just Call 7001305949 Top Class Call Girl Service Avail...Call Girls Frazer Town Just Call 7001305949 Top Class Call Girl Service Avail...
Call Girls Frazer Town Just Call 7001305949 Top Class Call Girl Service Avail...narwatsonia7
 
Housewife Call Girls Hoskote | 7001305949 At Low Cost Cash Payment Booking
Housewife Call Girls Hoskote | 7001305949 At Low Cost Cash Payment BookingHousewife Call Girls Hoskote | 7001305949 At Low Cost Cash Payment Booking
Housewife Call Girls Hoskote | 7001305949 At Low Cost Cash Payment Bookingnarwatsonia7
 
Call Girls Service Chennai Jiya 7001305949 Independent Escort Service Chennai
Call Girls Service Chennai Jiya 7001305949 Independent Escort Service ChennaiCall Girls Service Chennai Jiya 7001305949 Independent Escort Service Chennai
Call Girls Service Chennai Jiya 7001305949 Independent Escort Service ChennaiNehru place Escorts
 
Russian Call Girls in Pune Riya 9907093804 Short 1500 Night 6000 Best call gi...
Russian Call Girls in Pune Riya 9907093804 Short 1500 Night 6000 Best call gi...Russian Call Girls in Pune Riya 9907093804 Short 1500 Night 6000 Best call gi...
Russian Call Girls in Pune Riya 9907093804 Short 1500 Night 6000 Best call gi...Miss joya
 
Call Girls Whitefield Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Whitefield Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Whitefield Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Whitefield Just Call 7001305949 Top Class Call Girl Service Availablenarwatsonia7
 
Book Call Girls in Yelahanka - For 7001305949 Cheap & Best with original Photos
Book Call Girls in Yelahanka - For 7001305949 Cheap & Best with original PhotosBook Call Girls in Yelahanka - For 7001305949 Cheap & Best with original Photos
Book Call Girls in Yelahanka - For 7001305949 Cheap & Best with original Photosnarwatsonia7
 
Call Girls Kanakapura Road Just Call 7001305949 Top Class Call Girl Service A...
Call Girls Kanakapura Road Just Call 7001305949 Top Class Call Girl Service A...Call Girls Kanakapura Road Just Call 7001305949 Top Class Call Girl Service A...
Call Girls Kanakapura Road Just Call 7001305949 Top Class Call Girl Service A...narwatsonia7
 
call girls in Connaught Place DELHI 🔝 >༒9540349809 🔝 genuine Escort Service ...
call girls in Connaught Place  DELHI 🔝 >༒9540349809 🔝 genuine Escort Service ...call girls in Connaught Place  DELHI 🔝 >༒9540349809 🔝 genuine Escort Service ...
call girls in Connaught Place DELHI 🔝 >༒9540349809 🔝 genuine Escort Service ...saminamagar
 
Call Girls Hsr Layout Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hsr Layout Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Hsr Layout Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hsr Layout Just Call 7001305949 Top Class Call Girl Service Availablenarwatsonia7
 
Call Girls Jayanagar Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Jayanagar Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Jayanagar Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Jayanagar Just Call 7001305949 Top Class Call Girl Service Availablenarwatsonia7
 
Call Girls Hosur Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hosur Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Hosur Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hosur Just Call 7001305949 Top Class Call Girl Service Availablenarwatsonia7
 
Call Girl Service Bidadi - For 7001305949 Cheap & Best with original Photos
Call Girl Service Bidadi - For 7001305949 Cheap & Best with original PhotosCall Girl Service Bidadi - For 7001305949 Cheap & Best with original Photos
Call Girl Service Bidadi - For 7001305949 Cheap & Best with original Photosnarwatsonia7
 
Call Girls Service Nandiambakkam | 7001305949 At Low Cost Cash Payment Booking
Call Girls Service Nandiambakkam | 7001305949 At Low Cost Cash Payment BookingCall Girls Service Nandiambakkam | 7001305949 At Low Cost Cash Payment Booking
Call Girls Service Nandiambakkam | 7001305949 At Low Cost Cash Payment BookingNehru place Escorts
 

Recently uploaded (20)

Mumbai Call Girls Service 9910780858 Real Russian Girls Looking Models
Mumbai Call Girls Service 9910780858 Real Russian Girls Looking ModelsMumbai Call Girls Service 9910780858 Real Russian Girls Looking Models
Mumbai Call Girls Service 9910780858 Real Russian Girls Looking Models
 
Call Girls Hebbal Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hebbal Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Hebbal Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hebbal Just Call 7001305949 Top Class Call Girl Service Available
 
VIP Call Girls Pune Vrinda 9907093804 Short 1500 Night 6000 Best call girls S...
VIP Call Girls Pune Vrinda 9907093804 Short 1500 Night 6000 Best call girls S...VIP Call Girls Pune Vrinda 9907093804 Short 1500 Night 6000 Best call girls S...
VIP Call Girls Pune Vrinda 9907093804 Short 1500 Night 6000 Best call girls S...
 
Artifacts in Nuclear Medicine with Identifying and resolving artifacts.
Artifacts in Nuclear Medicine with Identifying and resolving artifacts.Artifacts in Nuclear Medicine with Identifying and resolving artifacts.
Artifacts in Nuclear Medicine with Identifying and resolving artifacts.
 
Kolkata Call Girls Services 9907093804 @24x7 High Class Babes Here Call Now
Kolkata Call Girls Services 9907093804 @24x7 High Class Babes Here Call NowKolkata Call Girls Services 9907093804 @24x7 High Class Babes Here Call Now
Kolkata Call Girls Services 9907093804 @24x7 High Class Babes Here Call Now
 
College Call Girls Pune Mira 9907093804 Short 1500 Night 6000 Best call girls...
College Call Girls Pune Mira 9907093804 Short 1500 Night 6000 Best call girls...College Call Girls Pune Mira 9907093804 Short 1500 Night 6000 Best call girls...
College Call Girls Pune Mira 9907093804 Short 1500 Night 6000 Best call girls...
 
Call Girls Frazer Town Just Call 7001305949 Top Class Call Girl Service Avail...
Call Girls Frazer Town Just Call 7001305949 Top Class Call Girl Service Avail...Call Girls Frazer Town Just Call 7001305949 Top Class Call Girl Service Avail...
Call Girls Frazer Town Just Call 7001305949 Top Class Call Girl Service Avail...
 
Housewife Call Girls Hoskote | 7001305949 At Low Cost Cash Payment Booking
Housewife Call Girls Hoskote | 7001305949 At Low Cost Cash Payment BookingHousewife Call Girls Hoskote | 7001305949 At Low Cost Cash Payment Booking
Housewife Call Girls Hoskote | 7001305949 At Low Cost Cash Payment Booking
 
Call Girls Service Chennai Jiya 7001305949 Independent Escort Service Chennai
Call Girls Service Chennai Jiya 7001305949 Independent Escort Service ChennaiCall Girls Service Chennai Jiya 7001305949 Independent Escort Service Chennai
Call Girls Service Chennai Jiya 7001305949 Independent Escort Service Chennai
 
Russian Call Girls in Pune Riya 9907093804 Short 1500 Night 6000 Best call gi...
Russian Call Girls in Pune Riya 9907093804 Short 1500 Night 6000 Best call gi...Russian Call Girls in Pune Riya 9907093804 Short 1500 Night 6000 Best call gi...
Russian Call Girls in Pune Riya 9907093804 Short 1500 Night 6000 Best call gi...
 
sauth delhi call girls in Bhajanpura 🔝 9953056974 🔝 escort Service
sauth delhi call girls in Bhajanpura 🔝 9953056974 🔝 escort Servicesauth delhi call girls in Bhajanpura 🔝 9953056974 🔝 escort Service
sauth delhi call girls in Bhajanpura 🔝 9953056974 🔝 escort Service
 
Call Girls Whitefield Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Whitefield Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Whitefield Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Whitefield Just Call 7001305949 Top Class Call Girl Service Available
 
Book Call Girls in Yelahanka - For 7001305949 Cheap & Best with original Photos
Book Call Girls in Yelahanka - For 7001305949 Cheap & Best with original PhotosBook Call Girls in Yelahanka - For 7001305949 Cheap & Best with original Photos
Book Call Girls in Yelahanka - For 7001305949 Cheap & Best with original Photos
 
Call Girls Kanakapura Road Just Call 7001305949 Top Class Call Girl Service A...
Call Girls Kanakapura Road Just Call 7001305949 Top Class Call Girl Service A...Call Girls Kanakapura Road Just Call 7001305949 Top Class Call Girl Service A...
Call Girls Kanakapura Road Just Call 7001305949 Top Class Call Girl Service A...
 
call girls in Connaught Place DELHI 🔝 >༒9540349809 🔝 genuine Escort Service ...
call girls in Connaught Place  DELHI 🔝 >༒9540349809 🔝 genuine Escort Service ...call girls in Connaught Place  DELHI 🔝 >༒9540349809 🔝 genuine Escort Service ...
call girls in Connaught Place DELHI 🔝 >༒9540349809 🔝 genuine Escort Service ...
 
Call Girls Hsr Layout Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hsr Layout Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Hsr Layout Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hsr Layout Just Call 7001305949 Top Class Call Girl Service Available
 
Call Girls Jayanagar Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Jayanagar Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Jayanagar Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Jayanagar Just Call 7001305949 Top Class Call Girl Service Available
 
Call Girls Hosur Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hosur Just Call 7001305949 Top Class Call Girl Service AvailableCall Girls Hosur Just Call 7001305949 Top Class Call Girl Service Available
Call Girls Hosur Just Call 7001305949 Top Class Call Girl Service Available
 
Call Girl Service Bidadi - For 7001305949 Cheap & Best with original Photos
Call Girl Service Bidadi - For 7001305949 Cheap & Best with original PhotosCall Girl Service Bidadi - For 7001305949 Cheap & Best with original Photos
Call Girl Service Bidadi - For 7001305949 Cheap & Best with original Photos
 
Call Girls Service Nandiambakkam | 7001305949 At Low Cost Cash Payment Booking
Call Girls Service Nandiambakkam | 7001305949 At Low Cost Cash Payment BookingCall Girls Service Nandiambakkam | 7001305949 At Low Cost Cash Payment Booking
Call Girls Service Nandiambakkam | 7001305949 At Low Cost Cash Payment Booking
 

Consumer Health in Serbia

  • 1. Consumer Health in Serbia Published: October 2011 Price: $ 2400 Increased health awareness and willingness to self-medicate boost sales The review period saw growing demand for consumer health in Serbia. This trend was supported by a number of factors, including improved living standards and better education in general and with regards to health and wellness. Consumers thus became increasingly willing to self-medicate. There was also a rapid increase in the range of products on offer in consumer health, as more foreign producers entered following liberalisation in 2001. Meanwhile, there was rapid expansion in retailing during the review period, including chemists/pharmacies and parapharmacies/drugstores. This resulted in consumer health becoming more accessible to Serbian consumers, particularly in rural areas. Growth slows due to economic downturn Sales growth notably slowed towards the end of the review period due to the impact of the economic downturn. Serbia saw a marked drop in real GDP and in remittances in 2009, with only a slight recovery in 2010. Consumers were meanwhile faced by high inflation and declining disposable income levels. Consequently, many consumers were forced to cut back on their spending on consumer health, with many product areas thus seeing weaker current value growth in the year. Affordable domestic and regional players gain share The impact of the economic downturn could clearly be seen on company shares in consumer health at the end of the review period. Affordable domestic players consequently mainly gained share in 2010 over the previous year. The leading player in 2010 was state- owned Galenika, which benefits from offering good quality products at low prices. This company thus saw the strongest growth in value share in the year. Affordable regional players also gained share, such as Alkaloid from Macedonia. Retailing sees rapid development The Serbian retailing industry saw rapid development during the review period, with the number of outlets selling consumer health dramatically increasing. There was particularly strong growth in the number of privately-owned chemists/pharmacies, beauty specialist retailers and supermarkets/hypermarkets during the review period. Retailing expansion was thus a key factor behind good current value growth in consumer health, particularly driving sales growth in rural areas as consumers’ access to these products improved. In addition, growing competition in the retailing of these products increased price competition within consumer health and resulted in many products becoming more affordable. Good forecast period growth thanks to ageing population Serbia’s ageing population is expected to support strong growth for consumer health during the forecast period. The country’s consumer base is also expected to become more
  • 2. sophisticated in its understanding of health problems and their treatment, with growing media coverage of health and wellness in the country. Consumers are thus likely to become more willing to self-medicate. This trend is likely to be encouraged by further expansion in the number of chemists/pharmacies and parapharmacies/drugstores across the country and by these outlets offering a wider range of consumer health. TABLE OF CONTENTS Consumer Health in Serbia - Industry Overview EXECUTIVE SUMMARY Increased health awareness and willingness to self-medicate boost sales Growth slows due to economic downturn Affordable domestic and regional players gain share Retailing sees rapid development Good forecast period growth thanks to ageing population KEY TRENDS AND DEVELOPMENTS Retailing expansion improves consumer access Serbian population ages and declines End of government price controls on OTC MARKET INDICATORS Table 1 Consumer Expenditure on Health Goods and Medical Services 2005-2010 Table 2 Life Expectancy at Birth 2005-2010 MARKET DATA Table 3 Sales of Consumer Health by Category: Value 2005-2010 Table 4 Sales of Consumer Health by Category: % Value Growth 2005-2010 Table 5 Consumer Health Company Shares 2006-2010 Table 6 Consumer Health Brand Shares 2007-2010 Table 7 Sales of Consumer Health by Distribution Format: % Analysis 2005-2010 Table 8 Sales of Consumer Health by Category and Distribution Format: % Analysis 2010 Table 9 Forecast Sales of Consumer Health by Category: Value 2010-2015 Table 10 Forecast Sales of Consumer Health by Category: % Value Growth 2010-2015 APPENDIX OTC registration and classification Vitamins and dietary supplements registration and classification Self-medication/self-care and preventative medicine Switches DEFINITIONS Summary 1 Research Sources Consumer Health in Serbia - Company Profiles Hemofarm ad in Consumer Health (Serbia) STRATEGIC DIRECTION KEY FACTS COMPANY BACKGROUND PRODUCTION Summary 4 Hemofarm ad: Production Statistics 2010
  • 3. COMPETITIVE POSITIONING Summary 5 Hemofarm ad: Competitive Position 2010 Ivancic i Sinovi doo in Consumer Health (Serbia) STRATEGIC DIRECTION KEY FACTS COMPANY BACKGROUND PRODUCTION COMPETITIVE POSITIONING Summary 8 Ivancic i Sinovi doo: Competitive Position 2010 Jugoremedija ad in Consumer Health (Serbia) STRATEGIC DIRECTION KEY FACTS COMPANY BACKGROUND PRODUCTION COMPETITIVE POSITIONING Summary 11 Jugoremedija ad: Competitive Position 2010 Adult Mouth Care in Serbia - Category Analysis HEADLINES TRENDS Adult mouth care saw only slow current value growth in 2010, with sales mainly being boosted by inflation. Due to the impact of the economic downturn, some consumers cut back on the use of these products. By 2010, consumers typically use these products only when they have a mouth infection and adult mouth care is recommended by a doctor or a pharmacist. These products were thus rarely used for minor mouth ulcers. SWITCHES COMPETITIVE LANDSCAPE The leader in adult mouth care is domestic player Jugoremedija with its brand Cliacil. This brand accounted for 23% value share in 2010 and has been the leading brand in adult mouth care for more than a decade. The brand is positioned as curing most mouth infections and the majority of pharmacists and doctors routinely recommend Cliacil. The brand is positioned similarly to Galenika’s Aciklovir and Hemofarm’s Nystatin, which are Cliacil’s main competitors. PROSPECTS Easy-use products are expected to gain share during the forecast period, such as Fitosept Oriblete and Tantum Verde. These international brands are expected to gain share from popular domestic brands thanks to their convenience and rapid effect. Younger consumers increasingly prefer easy-use and instant remedies and are thus turning away from older brands. This trend is also expected to be encouraged by Serbia’s economic recovery, particularly towards the end of the forecast period. CATEGORY DATA Table 11 Sales of Adult Mouth Care: Value 2005-2010 Table 12 Sales of Adult Mouth Care: % Value Growth 2005-2010 Table 13 Adult Mouth Care Company Shares 2006-2010 Table 14 Adult Mouth Care Brand Shares 2007-2010 Table 15 Forecast Sales of Adult Mouth Care: Value 2010-2015
  • 4. Table 16 Forecast Sales of Adult Mouth Care: % Value Growth 2010-2015 Analgesics in Serbia - Category Analysis HEADLINES TRENDS Analgesics has been among the most popular product areas in consumer health in Serbia for decades, with these products being used by all age and income groups. These are the most common medicines to be found in Serbian households, being used for a wide range of mild health issues. Consequently, analgesics benefited strongly from a growing consumer confidence in self-medication. Growth was also spurred by growing consumer awareness of child-specific systemic analgesics and topical analgesics/anaesthetic. SWITCHES COMPETITIVE LANDSCAPE Galenika is a long-established Serbian medicine producer and led sales of analgesics throughout the review period, accounting for 38% value share in 2010. The company benefits from offering the brands Brufen in ibuprofen, Anbol in aspirin and Paracetamol in acetaminophen, with these having been well accepted among middle-aged and older consumers for many decades. The company offers a wide range of analgesics, however, with this also including stomach-friendly Acetisal pH 8 in aspirin, Diklofen in a range of strengths in diclofenac, Defrinol in child-specific ibuprofen and Brufen and Diklofen brand extensions in topical analgesics/anaesthetic. PROSPECTS There is expected to be growing interest in niche product areas during the forecast period, as many consumers trade up in search of more effective analgesics. The bulk of sales will continue to be accounted for by economy products from lower-priced product areas. However, widening distribution and increasing consumer sophistication will boost sales for products such as child-specific analgesics and naproxen. CATEGORY DATA Table 17 Sales of Analgesics by Category: Value 2005-2010 Table 18 Sales of Analgesics by Category: % Value Growth 2005-2010 Table 19 Analgesics Company Shares 2006-2010 Table 20 Analgesics Brand Shares 2007-2010 Table 21 Forecast Sales of Analgesics by Category: Value 2010-2015 Table 22 Forecast Sales of Analgesics by Category: % Value Growth 2010-2015 Calming and Sleeping in Serbia - Category Analysis HEADLINES TRENDS From 2002 onwards, the Serbian Ministry of Health introduced more rigorous controls over Rx calming and sleeping products. The government imposed heavier fines on pharmacists selling Rx products under-the-counter and also required prescriptions to be endorsed by an additional second doctor. These measures were taken in response to the widespread abuse of Rx calming and sleeping products, with some consumers having used strong Rx products such as Bensendin without a doctor’s prescription for many years. SWITCHES COMPETITIVE LANDSCAPE Lek is the leading player in calming and sleeping products and accounted for 8% value share in 2010. This company offers Persen in Serbia on behalf of multinational player Novartis. Persen gained popularity among Serbian consumers in 2002-2003 as a
  • 5. replacement for Rx products, following tighter controls on Rx sales. Persen is thus a synonym for OTC calming and sleeping products among many consumers and also among many pharmacists and doctors. The brand consequently benefits from frequent recommendations as effective stress relief. PROSPECTS Calming and sleeping products is expected to continue to see rapid expansion over the forecast period with a constant value CAGR of 6%. A growing number of Serbian consumers are expected to start to use these products, partly due to ongoing economic concerns at the start of the forecast period. Strict controls on under-the-counter sales of Rx products will also continue to support strong sales growth for Rx products. CATEGORY DATA Table 23 Sales of Calming and Sleeping: Value 2005-2010 Table 24 Sales of Calming and Sleeping: % Value Growth 2005-2010 Table 25 Calming and Sleeping Company Shares 2006-2010 Table 26 Calming and Sleeping Brand Shares 2007-2010 Table 27 Forecast Sales of Calming and Sleeping: Value 2010-2015 Table 28 Forecast Sales of Calming and Sleeping: % Value Growth 2010-2015 Cough, Cold and Allergy (Hay Fever) Remedies in Serbia - Category Analysis HEADLINES TRENDS 2009 saw strong growth for cough, cold and allergy (hay fever) remedies due to the AH1N1 epidemic. Products such as combination products and cough remedies benefited in this year by many consumers using them as a preventative measure against flu, thus seeing 24% and 23% current value growth respectively in 2009. However, 2010 saw sales growth plummet in these areas as the panic subsided, with combination products seeing only 1% current value growth in 2010 and cough remedies growing by just 6%. SWITCHES COMPETITIVE LANDSCAPE Zdravlje-Leskovac, which is owned by Icelandic company Actavis, is the leader in Serbian cough, cold and allergy (hay fever) remedies and accounted for 18% of value in 2010. The company’s Fitosept range is very familiar to most Serbian consumers due to having been present in the country for decades. The company however lost share slightly in 2010 over the previous year as it struggled to match the strong marketing support offered by other multinationals such as GlaxoSmithKline and Bristol-Myers Squibb. PROSPECTS Demand for child-specific cough, cold and allergy (hay fever) remedies is expected to rise over the forecast period. Growth will be supported by growing awareness of these products’ gentle effect and a growing interest in child-specific consumer health in general, with this underpinning 5% constant value CAGR for child-specific cough/cold remedies. Growth is also expected to be driven by strong new product development in this product area. 2010 saw the entry of Nasya kids, which is expected to spur strong growth in child- specific allergy remedies and result in this product area gaining significant sales during the forecast period. CATEGORY DATA Table 29 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2005-2010 Table 30 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2005-2010
  • 6. Table 31 Cough, Cold and Allergy (Hay Fever) Remedies Company Shares 2006-2010 Table 32 Cough, Cold and Allergy (Hay Fever) Remedies Brand Shares 2007-2010 Table 33 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2010-2015 Table 34 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2010-2015 Digestive Remedies in Serbia - Category Analysis HEADLINES TRENDS Digestive remedies suffered from the impact of the economic downturn at the end of the review period. Increased price-sensitivity resulted in many consumers switching from packaged to home-made digestive remedies towards the end of the review period, with this trend impacting product areas such as laxatives and diarrhoeal remedies. In addition, consumers spent less on food and drink, with a shift away from richer food and alcoholic drinks also resulting in less demand for digestive remedies. SWITCHES COMPETITIVE LANDSCAPE Zdravlje-Leskovac offers popular brand Ranisan in H2 blockers on behalf of Actavis Group. The company is thus the leading player in digestive remedies, with Ranisan alone accounting for 20% value share in 2010. The company’s other leading brand is Loperamid in diarrhoeal remedies, with both brands benefiting from strong distribution, widespread consumer awareness and effective marketing support. Ranisan is commonly-recommended in chemists/pharmacies and parapharmacies/drugstores for those suffering from indigestion and heartburn. Overall, Zdravlje-Leskovac accounted for 30% value share in 2010. PROSPECTS Growth is expected to be muted for digestive remedies during the forecast period. Sales growth is likely to remain low due to consumers’ economic uncertainty, with many opting for lower-priced or home-made remedies as a result. In addition, there is likely to be growing awareness of the causes of digestive disorders during the forecast period. Consequently, many consumers will seek to improve their digestion by eating healthier diets, observing stricter levels of hygiene and supplementing their diets with pro/pre biotic dairy products. CATEGORY DATA Table 35 Sales of Digestive Remedies by Category: Value 2005-2010 Table 36 Sales of Digestive Remedies by Category: % Value Growth 2005-2010 Table 37 Digestive Remedies Company Shares 2006-2010 Table 38 Digestive Remedies Brand Shares 2007-2010 Table 39 Forecast Sales of Digestive Remedies by Category: Value 2010-2015 Table 40 Forecast Sales of Digestive Remedies by Category: % Value Growth 2010-2015 Ear Care in Serbia - Category Analysis HEADLINES TRENDS There was little activity within ear care towards the end of the review period. Players invested little in promoting these products and there was a lack of new product development. Sales are dominated by two brands: Galenika’s Hydrocyclin and Hemofarm’s Otol H, which have been present for many years. This lack of competitive activity hindered
  • 7. sales growth, with current value growth thus mainly being driven by a growing consumer willingness to self-medicate and by inflation. SWITCHES COMPETITIVE LANDSCAPE Galenika leads ear care, with its Hydrocyclin brand accounting for 36% value share in 2010. This brand is widely recognised by pharmacists and doctors, both reducing inflammation and containing antibiotics that tackle a wide range of bacterial ear infections. Those consumers who self-medicate are also most likely to choose this brand, as it has been present in Serbia for decades and thus enjoys the strongest consumer awareness within ear care. PROSPECTS Serbian ear care is not expected to see dramatic changes during the forecast period in terms of increased demand, premiumisation or new entrants. Value sales growth will instead be driven mainly by inflation. However, slow volume growth of around 1-2% a year will also be supported by increased health awareness and a growing willingness to self-medicate. Rural sales growth will also be supported by expansion in the number of chemists/pharmacies and parapharmacies/drugstores in these areas, with this making ear care more accessible. CATEGORY DATA Table 41 Sales of Ear Care: Value 2005-2010 Table 42 Sales of Ear Care: % Value Growth 2005-2010 Table 43 Ear Care Company Shares 2006-2010 Table 44 Ear Care Brand Shares 2007-2010 Table 45 Forecast Sales of Ear Care: Value 2010-2015 Table 46 Forecast Sales of Ear Care: % Value Growth 2010-2015 Eye Care in Serbia - Category Analysis HEADLINES TRENDS Serbian eye care was constrained by a lack of player investment at the end of the review period. There was little activity in terms of new product development or in terms of marketing. Value sales growth was thus mainly caused by increased current value prices due to inflation rather than volume growth or premiumisation. Sales however benefited from increased health-awareness among Serbian consumers and a growing willingness to self-medicate. SWITCHES COMPETITIVE LANDSCAPE Galenika dominates eye care sales and accounted for 53% value share in 2010. The company’s Chloramphenicol is among the brands most recommended by doctors and pharmacists as it cures most mild eye problems and tackles a wide spectrum of bacteria. Chloramphenicol has been present in Serbia for decades. Many consumers suffering from long-term mild eye problems consequently purchase this product themselves without any previous consultation with a doctor or pharmacist. PROSPECTS Eye care is not expected to see dramatic changes during the forecast period. The leading brands are expected to remain strong during the forecast period, benefiting from a long history in the country and a high degree of customer loyalty. However, sales growth is likely to be constrained by consumer price-sensitivity at the start of the forecast period.
  • 8. Overall, eye care is thus expected to see a slow constant value CAGR of 2% during the forecast period. CATEGORY DATA Table 47 Sales of Eye Care by Category: Value 2005-2010 Table 48 Sales of Eye Care by Category: % Value Growth 2005-2010 Table 49 Standard Eye Care by Type: % Value Breakdown 2007-2010 Table 50 Eye Care Company Shares 2006-2010 Table 51 Eye Care Brand Shares 2007-2010 Table 52 Forecast Sales of Eye Care by Category: Value 2010-2015 Table 53 Forecast Sales of Eye Care by Category: % Value Growth 2010-2015 Herbal/Traditional Products in Serbia - Category Analysis HEADLINES TRENDS Herbal/traditional products benefited from two main trends at the end of the review period. Firstly, these products benefited from their natural image. There was a growing health-awareness in the country during the review period, with consumers becoming increasingly concerned about the side effects associated with standard products. In addition, many herbal/traditional products also benefited from low prices, which attracted consumers in the wake of the economic downturn. COMPETITIVE LANDSCAPE Herbal/traditional products is extremely fragmented, with “others” accounting for 89% value share in 2010. This is due to a large number of product categories and also due to a large number of small domestic products. “Others” further gained over half a percentage point in value share in 2010 over the previous year, while all leading players either lost share or stagnated. This was due to parapharmacies/drugstores and chemists/pharmacies offering a wider range of products and brands. PROSPECTS Sales of herbal/traditional products are expected to benefit from the health and wellness trend during the forecast period. Consumers are expected to increasingly question the side effects associated with standard medicines. In addition, there is expected to be increasing trust in the efficacy and safety of herbal remedies. CATEGORY DATA Table 54 Sales of Herbal/Traditional Products: Value 2005-2010 Table 55 Sales of Herbal/Traditional Products: % Value Growth 2005-2010 Table 56 Herbal/Traditional Products Company Shares 2006-2010 Table 57 Herbal/Traditional Products Brand Shares 2007-2010 Table 58 Forecast Sales of Herbal/Traditional Products: Value 2010-2015 Table 59 Forecast Sales of Herbal/Traditional Products: % Value Growth 2010-2015 Medicated Skin Care in Serbia - Category Analysis HEADLINES TRENDS Medicated skin care suffered due to the crisis in Serbia in 2010, due to the cosmetic positioning of many products. Many consumers cut back on their purchase of products such as acne treatments, medicated shampoos and hair loss treatments, regarding these products as non-essential. There was also a shift from topical germicidals/antiseptics and nappy (diaper) rash treatments to cheaper home-made alternatives, such as alcohol and chamomile tea. 2010 thus saw visibly slower current value growth at 3% in comparison to a review period current value CAGR of 13%.
  • 9. SWITCHES COMPETITIVE LANDSCAPE Beiersdorf leads sales of medicated skin care thanks to its Nivea Baby brand in nappy (diaper) rash treatments. The company led sales throughout the review period and accounted for 33% value share in 2010. Nivea is an extremely popular skin care brand in Serbia, having been present for decades and entering before most other foreign. PROSPECTS Slow economic recovery during the forecast period is expected to boost sales for medicated skin care. Many of these products are widely regarded as non-essential, with this perception hindering sales growth for products such as acne treatments and medicated shampoos. Consequently, sales growth is expected to benefit from rising disposable income levels. Growth is also expected to be supported by greater competition during the forecast period, with both players and retailers likely to compete for share by focusing on offering low prices and strong marketing support. CATEGORY DATA Table 60 Sales of Medicated Skin Care by Category: Value 2005-2010 Table 61 Sales of Medicated Skin Care by Category: % Value Growth 2005-2010 Table 62 Medicated Skin Care Company Shares by Value 2006-2010 Table 63 Medicated Skin Care Brand Shares 2007-2010 Table 64 Hair Loss Treatments Brand Shares 2007-2010 Table 65 Forecast Sales of Medicated Skin Care by Category: Value 2010-2015 Table 66 Forecast Sales of Medicated Skin Care by Category: % Value Growth 2010-2015 NRT Smoking Cessation Aids in Serbia - Category Analysis HEADLINES TRENDS On 11 November 2010, Serbia introduced the Law of Protection from Tobacco Smoke. This tough legislation banned smoking inside and outside all government buildings and in schools, social care institutions, building used for cultural or sporting activities and media buildings. Smoking is banned in all enclosed public spaces and work spaces as well as many on-trade outlets and in open air theatres and cinemas. Smaller bars and cafes may decide if they wish to be smoke-free or not, while larger on-trade outlets must provide a non-smoking area that occupies more than half of the premises and is properly ventilated. Fines for non-compliance are high, ranging from RSD5,000 upwards. SWITCHES COMPETITIVE LANDSCAPE Johnson & Johnson’s Nicorette Freshmint is the only product available in NRT smoking cessation aids in Serbia. This lack of competition constrained growth at the end of the review period. There is little pressure on Johnson & Johnson to offer attractive prices or to invest in strong advertising support, due to the company’s monopoly within NRT smoking cessation aids. PROSPECTS The introduction of the smoking ban in 2010 is expected to result in a further decline in the smoking population during the forecast period. This legislation is expected to be rigorously enforced as Serbia seeks EU membership. The government is also expected to further increase taxes on all tobacco products over the forecast period. Overall, the number of smokers in Serbia is expected to drop to 1.5 million by 2015, down by 13% during the forecast period. The smoking population is thus set to decline to below 27% of
  • 10. the overall population. A growing number of smokers will seek to quit smoking, spurred by the smoking ban and by growing health-awareness in the country. CATEGORY INDICATORS Table 67 Number of Smokers by Gender 2005-2010 CATEGORY DATA Table 68 Sales of NRT Smoking Cessation Aids by Category: Value 2005-2010 Table 69 Sales of NRT Smoking Cessation Aids by Category: % Value Growth 2005-2010 Table 70 NRT Gum Flavours: % Value Breakdown 2006-2010 Table 71 NRT Smoking Cessation Aids Company Shares 2006-2010 Table 72 NRT Smoking Cessation Aids Brand Shares 2007-2010 Table 73 Forecast Sales of NRT Smoking Cessation Aids by Category: Value 2010-2015 Table 74 Forecast Sales of NRT Smoking Cessation Aids by Category: % Value Growth 2010-2015 Sports Nutrition in Serbia - Category Analysis HEADLINES TRENDS Sports nutrition suffered from an extremely narrow target group throughout the review period. These products are only used regularly by bodybuilders. Most Serbian consumers view sports nutrition as dangerous, with many confusing these products with illegal steroids. Even those who are aware of the distinction between sports nutrition and steroids are concerned by these products’ rapid impact on the human body. Many sports nutrition users indeed agree that these products are unhealthy, although they are willing to use them in order to rapidly reach their sporting or fitness goals. COMPETITIVE LANDSCAPE There were no visible leaders in Serbian sports nutrition at the end of the review period, with shares being highly fragmented. A number of companies have a presence in most specialised sports nutrition stores, however. These include Twinlab Corp, Ultimate Nutrition, Universal Nutrition, Bio Tech Nutrition, Dymatize and Medical Pharma. PROSPECTS Exercise trends are changing in Serbia, which is likely to pose a major challenge to sports nutrition during the forecast period. At the start of the 2000s, bodybuilding was a mainstream gym activity and many men in particular visited gyms regularly aiming to increase their muscle mass and shape their bodies. To reach this goal, many bodybuilders were encouraged to use sports nutrition by gym owners or close friends. CATEGORY DATA Table 75 Sports Nutrition, category rankings 2010 Table 76 Sales of Sports Nutrition: Value 2005-2010 Table 77 Sales of Sports Nutrition: % Value Growth 2005-2010 Table 78 Sports Nutrition By Format: % Value Breakdown 2007-2010 Table 79 Forecast Sales of Sports Nutrition: Value 2010-2015 Table 80 Forecast Sales of Sports Nutrition: % Value Growth 2010-2015 Vitamins and Dietary Supplements in Serbia - Category Analysis HEADLINES TRENDS Sales benefited from widening distribution for vitamins and dietary supplements towards the end of the review period. Supermarkets and hypermarkets notably saw 43% and 36% current value growth respectively in 2010 thanks to widening their ranges. Consumers
  • 11. thus gained better access to vitamins and dietary supplements, while there was also a strong 19% current value growth in internet retailing sales at the end of the review period. Consumers increasingly explored the wider range of vitamins and dietary supplements available online. VITAMINS DIETARY SUPPLEMENTS COMPETITIVE LANDSCAPE CaliVita International is leader in Serbian vitamins and dietary supplement market in 2010. This company came to the market at the beginning of the previous decade when Serbian VDS market was extremely undeveloped. In a short time, this company succeeded to cover significant market share of Serbian VDS market to reach 67% in 2010. PROSPECTS Growing health-awareness is expected to support sales growth during the forecast period. The Serbian media is expected to become increasingly focused on health and wellness stories and will cover the latest trends and health claims in this area. Consumers are also likely to become more interested in health and wellness due to the ageing population with a growing number willing to invest in preserving their energy levels and youth. CATEGORY DATA Summary 12 Dietary Supplements: Brand Ranking by Positioning 2010 Table 81 Sales of Vitamins and Dietary Supplements by Category: Value 2005-2010 Table 82 Sales of Vitamins and Dietary Supplements by Category: % Value Growth 2005- 2010 Table 83 Dietary Supplements by Positioning 2006-2010 Table 84 Vitamins and Dietary Supplements Company Shares 2006-2010 Table 85 Vitamins and Dietary Supplements Brand Shares 2007-2010 Table 86 Vitamins Brand Shares 2007-2010 Table 87 Dietary Supplements Brand Shares 2007-2010 Table 88 Forecast Sales of Vitamins and Dietary Supplements by Category: Value 2010- 2015 Table 89 Forecast Sales of Vitamins and Dietary Supplements by Category: % Value Growth 2010-2015 Weight Management in Serbia - Category Analysis HEADLINES TRENDS Weight management saw growing interest in Serbia towards the end of the review period. This was due to consumers increasingly focusing on their appearance, with a growing association between slimness and health and social success. Many took western European and US celebrities and models as inspiration and aspired to lose weight in order to look more like them. Growing interest in staying slim was thus driven more by consumers seeking to look slim and attractive, rather than by a sharp rise in obesity and overweight in the country. COMPETITIVE LANDSCAPE Biomed was the leader in weight management in 2010 with 21% value share. This company has been well-known among Serbian consumers from the 1990s onwards, when it introduced Biomed 4. This is the leading meal replacement slimming brand and accounted for 29% value share in 2010, while ranking second in weight loss supplements with 22% value share. Biomed also offers White Tiger energy bars in meal replacement
  • 12. slimming. Thanks to strong advertising, Biomed also saw the strongest growth in value share in 2010 over the previous year, gaining almost a percentage point. PROSPECTS Weight management is expected to see fast growth over the forecast period. There is expected to be an upsurge in demand among younger people, with a growing focus on Western European and US celebrities and a growing focus on looking slim and fashionable. This trend is expected to be especially strong among the female population aged 16-40- years-old. CATEGORY DATA Table 90 Sales of Weight Management by Category: Value 2005-2010 Table 91 Sales of Weight Management by Category: % Value Growth 2005-2010 Table 92 Weight Management Company Shares 2006-2010 Table 93 Weight Management Brand Shares 2007-2010 Table 94 Forecast Sales of Weight Management by Category: Value 2010-2015 Table 95 Forecast Sales of Weight Management by Category: % Value Growth 2010-2015 Wound Care in Serbia - Category Analysis HEADLINES TRENDS Wound care saw growth rates drop towards the end of the review period, as the economic downturn resulted in many consumers buying these products only when needed. There was also a shift towards cheaper products, with first aid kits notably seeing current value growth plummet to 2% in 2010. Instead, many consumers opted for cheap bandages. As a result, current value sales rose by just 6% in 2010 over the previous year in comparison to a review period current value CAGR of 12%. COMPETITIVE LANDSCAPE 45% of value sales in Serbian wound care were accounted for by Galenika in 2010. This company offers products across wound care, including first aid kits, sticking plasters/adhesive bandages and gauze, tape and “other” wound care. The company has been present in wound care for decades and has the strongest distribution across the country. Galenika ad is still managed by the government and enjoys strong consumer confidence. PROSPECTS Growth rates in wound care are expected to remain muted at the start of the forecast period. Ongoing economic uncertainty will result in consumers continuing to opt for economy options within wound care, particularly bandages. As a result of this trend, wound care is expected to see only slow growth during the forecast period, with a constant value CAGR of 3%. CATEGORY DATA Table 96 Sales of Wound Care by Category: Value 2005-2010 Table 97 Sales of Wound Care by Category: % Value Growth 2005-2010 Table 98 Wound Care Company Shares 2006-2010 Table 99 Wound Care Brand Shares 2007-2010 Table 100 Forecast Sales of Wound Care by Category: Value 2010-2015 Table 101 Forecast Sales of Wound Care by Category: % Value Growth 2010-2015
  • 13. About Us: ReportsnReports is an online library of over 100,000+ market research reports and in-depth market research studies & analysis of over 5000 micro markets. We provide 24/7 online and offline support to our customers. Get in touch with us for your needs of market research reports. Follow us on Twitter: http://twitter.com/marketsreports Our Facebook Page: http://www.facebook.com/pages/ReportsnReports/191441427571689 Contact: Mr.Priyank 7557 Rambler road, Suite727,Dallas,TX75231 Tel: + 1 888 391 5441 E-mail: sales@reportsandreports.com http://www.reportsnreports.com Visit our Market Research Blog