Consumer health continues to grow in 2024, however, this is most likely due to persistent inflation, which has remained at 10% as seen in 2023. High inflation has impacted both the supply and demand for imported medications, given the country's reliance on these imports.
In 2024, consumer health in Angola continues to face significant challenges due to ongoing inflation, which impacts medication prices and importation. While inflation has not increased, it has remained at 10% as seen in 2023, which is still considerably high and continues to strain consumer purchasing power.
Access to private health care remains expensive in Angola in 2024, and the public health system was overburdened, with a shortfall in doctors. This encouraged Angolans to self-medicate, and they relied heavily on pharmacists and their family and social circles to advise them on what products to buy.
The financial situation of Angolans remains fragile in 2024, with high inflation and strong pressure on disposable incomes and purchasing power. Thus, many consumers searched for value for money, such as buying generic or locally produced medications or buying through informal markets, where prices tend to be cheaper, but products are of a very poor quality.
The distribution of consumer health is improving, due in part to recent investments in the country’s road network. This could lead to lower prices, by enabling more players to compete in peripheral regions that were once difficult to reach.
Angola has a set of clear and concise laws relating to the supply of OTC medicines. The retail sale of OTC medicines is restricted to licensed commercial entities, which means that pharmacies is the only retail channel through which these products can be distributed.
Vitamins and dietary supplements are heavily regulated in Angola. The enforcement of the regulation of these products became considerably stricter in the wake of the March 2016 appointment of Luis Gomes Sambo as Minister of Health.
Over the forecast period, consumer health will witness ongoing growth. However, this will be less likely due to the increased popularity of products and more so the drastic rise in inflation expected in 2025.
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Understand the latest market trends and future growth opportunities for the Consumer Health industry in Angola with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Consumer Health
It is the aggregation of OTC, Vitamins and Dietary Supplements (VDS), Sports Nutrition, and Weight Management and Wellbeing
See all of our definitionsThis report originates from Passport, our Consumer Health research and analysis database.
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