OTC product retail sales are growing dynamically
Retail sales of drugs and medicinal products that can be bought without a prescription (OTC products) grew by 11 percent to HUF 147 billion last year.
According to Bernadett Osztoics, client service director with Nielsen, demand was the greatest for vitamins and dietary supplements – their share from sales was 31 percent last year. General pain relievers and fever reducers’ share was 16 percent, while cough remedies were at 7 percent. From the highest-turnover OTC products Nielsen measured sales growth above the average among general pain relievers and fever reducers (13 percent), cough remedies (14 percent) nasal congestion remedies (17 percent), anti-bloating products (12 percent), anti-diarrheal products (16 percent) and fungus medication (13 percent). Market players spent HUF 133 billion on advertising OTC products on television – 7 percent less than in the previous year.
Related news
Related news
More than 13 tons of donations were collected at the joint Easter campaign of NOE and CBA
More than 13 tons of donations were collected during the…
Read more >Digital detox during Easter: addictive phone use is a much more serious and widespread problem than we think
The Easter fast is traditionally a time of introspection, renunciation,…
Read more >Cruel April frost damage: up to 100% crop loss possible
The spring frosts in early April once again caused a…
Read more >