The market for herbal and traditional products in Singapore is poised for continued growth, with topical analgesics leading the way. The ageing population, particularly those aged 65 and over, will play a significant role in this expansion.
As Singaporean consumers increasingly prioritise holistic health, demand for herbal and traditional dietary supplements is expected to remain strong. Many consumers favour traditional remedies over "Western" options due to their familiarity with the ingredients, which have been passed down through generations.
Recent incidents have heightened consumer concerns regarding the safety and transparency of herbal and traditional products in Singapore. The Health Sciences Authority (HSA) has stepped up to issue advice to consumers, emphasising the need for careful use of these products, particularly those used for pain relief and cough management.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Herbal/Traditional Products industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Herbal/Traditional Products
Botanicals or traditional remedies are products that have a long tradition of use, decades of established reputation, and are considered alternative remedies to standard medicine. Traditional medicine remedies such as Ayurveda, Traditional Chinese Medicine (TCM), Unani, Kampo, etc. are included. Homeopathic remedies are excluded. Only packaged products are tracked.
See all of our definitionsThis report originates from Passport, our Herbal/Traditional Products research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!