Fast Market Research recommends "Analgesics in Algeria" from Euromonitor International, now available
Boston, MA -- (SBWIRE) -- 10/09/2014 -- In 2012, the Algerian government restricted imports of analgesics, in the hope of boosting sales of domestic products and reducing the country's overall reliance on imported pharmaceuticals. However, domestic players struggled to meet increased demand in the country, with many outlets thus suffering shortages in key product areas such as aspirin, acetaminophen and topical analgesics/anaesthetic. As a result, both topical analgesics/anaesthetic and adult analgesics saw retail volume sales decline in 2012 over the previous year. By 2013, however, leading domestic producer Saidal had begun to expand production capacity, with sales thus seeing strong growth.
Sanofi-Aventis was the leading player in analgesics throughout the review period and accounted for 25% value share in 2013. The company benefits from manufacturing analgesics in Algeria, which ensures that it is able to offer affordable prices. The company also benefits from offering strong brands. The company's Doliprane acetaminophen benefits from strong advertising on French satellite TV channels that air in Algeria. Meanwhile its Aspegic brand has been present for many years in Algeria in aspirin and acetaminophen.
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Analgesics is expected to benefit from an expanding mid-income group in the forecast period and from rising disposable income levels as a result of ongoing economic growth. As a result, a growing number of consumers are expected to be able to afford analgesics. Urbanisation is also expected to support good growth in the forecast period, with urban consumers having access to a wider range of products and also often suffering more from pain related to tension and stress.
Discover the latest market trends and uncover sources of future market growth for the Analgesics industry in Algeria with research from Euromonitor's team of in-country analysts.
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If you're in the Analgesics industry in Algeria, our research will save you time and money while empowering you to make informed, profitable decisions.
The Analgesics in Algeria market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of Analgesics in Algeria?
- What are the major brands in Algeria?
- Are combination products with acetaminophen still popular?
Reasons to Get this Report
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
Product coverage: Systemic Analgesics, Topical Analgesics/Anaesthetic.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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