New Consumer Goods research report from Euromonitor International is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 06/13/2014 -- Vitamins and dietary supplements continued to benefit from Hungarians' strengthening health-consciousness in 2013. More and more people, especially the younger generation and women pay more attention to their health, eat healthier, take part in sports and consume vitamins and dietary supplements not only for treatment but also for prevention. Leading manufacturers invested a great deal in innovation and advertising to strengthen this trend which resulted in 5% current value sales growth in 2013.
Beres Gyogyszergyar Zrt retained its leading position within vitamins and dietary supplements in 2013, although the company's share continued to decline to 14%, while it was 18% at the beginning of the review period before the economic downturn. Beres Gyogyszergyar is present in all significant vitamins and dietary supplements with Beres products that are considered to be reliable good-quality products. Sanofi-Aventis Zrt ranked second with 12% value share due to rising popularity of Magne B6 which was the second best-selling product within vitamins and dietary supplements in 2013. Walmark Kft accounted for 8% of value sales through the company's wide and affordable product portfolio ensuring the third position in ranking.
View Full Report Details and Table of Contents
Vitamins and dietary supplements is expected to benefit from further strengthening health-consciousness of Hungarians. More and more people will pay greater attention to their health and will invest in health-prevention. Rising household incomes will support this trend, and therefore value sales of vitamins and dietary supplements is expected to increase by a value CAGR of 2% in constant 2013 prices over the forecast period.
Discover the latest market trends and uncover sources of future market growth for the Vitamins and Dietary Supplements industry in Hungary with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Vitamins and Dietary Supplements industry in Hungary, our research will save you time and money while empowering you to make informed, profitable decisions.
The Vitamins and Dietary Supplements in Hungary 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
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Consumer Goods research reports at Fast Market Research
You may also be interested in these related reports:
- Vitamins and Dietary Supplements in Iran
- Vitamins and Dietary Supplements in South Korea
- Vitamins and Dietary Supplements in the US
- Vitamins and Dietary Supplements in Egypt
- Vitamins and Dietary Supplements in Ukraine
- Vitamins and Dietary Supplements in Hungary
- Vitamins and Dietary Supplements in Nigeria
- Vitamins and Dietary Supplements in the United Kingdom
- Vitamins and Dietary Supplements in Indonesia
- Vitamins and Dietary Supplements in the Philippines