Key regions: Australia, United States, India, Europe, China
The Digestive & Intestinal Remedies (Pharmacies) market in Jordan has been steadily developing in recent years, driven by several factors such as changing customer preferences, emerging trends, and local special circumstances. Customer preferences in the Digestive & Intestinal Remedies market in Jordan have shifted towards natural and herbal remedies. Consumers are increasingly seeking products that are perceived to be more gentle on the digestive system and have fewer side effects. This preference for natural remedies is in line with global trends, where there is a growing demand for natural and organic products across various industries. In addition to customer preferences, there are several trends shaping the Digestive & Intestinal Remedies market in Jordan. One of the key trends is the increasing awareness and focus on gut health. Consumers are becoming more educated about the importance of maintaining a healthy gut, and are seeking products that can improve digestion and alleviate digestive issues. This trend is driven by a combination of factors, including changing dietary habits, increased stress levels, and a growing interest in overall wellness. Another trend in the market is the rise of online sales channels. With the increasing penetration of internet and smartphones in Jordan, consumers are increasingly turning to online platforms to purchase Digestive & Intestinal Remedies. Online sales offer convenience, competitive pricing, and a wide range of product options, making it an attractive option for consumers. This trend is not unique to Jordan, as online sales have been growing rapidly worldwide across various industries. Local special circumstances also play a role in the development of the Digestive & Intestinal Remedies market in Jordan. The country has a high prevalence of digestive disorders, which is attributed to factors such as a diet rich in spices and fried foods, sedentary lifestyles, and high levels of stress. This creates a significant demand for products that can provide relief from digestive issues and promote gut health. Underlying macroeconomic factors also contribute to the development of the market. Jordan has a growing middle class population with increasing disposable incomes, which enables consumers to spend more on healthcare products, including Digestive & Intestinal Remedies. Additionally, the government of Jordan has been investing in the healthcare sector, which has led to improved access to healthcare services and increased awareness about digestive health. In conclusion, the Digestive & Intestinal Remedies market in Jordan is developing due to changing customer preferences, emerging trends such as the focus on gut health and the rise of online sales channels, local special circumstances such as a high prevalence of digestive disorders, and underlying macroeconomic factors including a growing middle class population and government investments in healthcare.
Data coverage:
The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.
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