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Despite growing by over 10% in the first six months of this year, sales of self-care products through German bricks-and-mortar pharmacy have not returned to 2020 levels. Conversely, the mail order channel continues to grow as consumers shop from home.
Thanks to double-digit growth in the cold and flu category and higher demand for analgesics, the UK’s OTC market grew by 4.5% to £2.87bn ($3.52bn), according to data from NielsenIQ. Looking ahead, Nielsen's consumer health expert Matt Carpenter suggests that consumers are now adopting "moving on" mindsets, which OTC firms need to take into account in their business strategies.
Double-digit increases in sales of omega 3 supplements, vitamin A and D combinations and single product B vitamins helped Germany's dietary supplements market grow by 2.1% to €2.7bn in 2021, according to IQVIA Commercial.
Numerous European countries are continuing to crack down on the sale of unauthorized CBD food products on safety grounds, an analysis by HBW Insight reveals. Germany and Denmark are leading the way in submitting reports to Europe's Rapid Alert System for Food and Feed.
France’s consumer healthcare industry association, NèreS, recently published its 2021 self-care market data. In this data-driven article, HBW Insight looks at the year’s biggest self-care companies, categories and brands.
Beauty merger and acquisition activity accelerated in the US last year, with 75 deals by mid-October 2021, versus 48 in the prior-year period, according to investment banking firm Capstone Partners’ recent Beauty & Wellness report.
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