Romanian dietary supplements market expected to return to growth path between 2010 and 2013

Market boosted by changing lifestylesto return to a rate of growth of approximately
The changes in the lifestyles of Romanians, with30% in 2013, when consumption of dietary
healthier diets and bio (health) products becomingsupplements is expected to exceed €8 per
more common, have boosted the dietarycapita per annum." forecasts Monika Stefanczyk,
supplement market in recent years. However, inPMR's Head Pharmaceutical Market Analyst and
2009, mainly as a result of the economicthe report's coordinator.
difficulties which the country experienced afterConsolidation on the market is also expected to
the financial meltdown, the growth of the dietarycontinue, as the economic crisis is likely to take its
supplement market slowed significantly, increasingtoll of smaller players in 2010. The larger
by only 1% in final prices in comparison with thecompanies are expected to defend their market
previous year, according to PMR's latest report:shares, at least in the short term.
"The dietary supplement market in Romania 2010.Product variety and healthy sales prompt positive
Development forecasts for 2010-2013". This fellassessments of market situation
considerably short of the expectations of aAccording to a survey carried out specifically for
number of players on the market and of thethe purposes of the report among companies
annual rates of growth of 20-30% registeredpresent on the Romanian dietary supplement
between 2004 and 2007. In all, sales via themarket, over half of the respondents (57%)
major distribution channels, pharmacies and biowere positive about the current situation on the
health food stores, exceeded €90m in 2009.dietary supplement market in Romania, but 18%
Including sales over the internet and atwere negative. One-quarter assessed the situation
supermarkets, the total revenues of the industryas neither good nor bad.The reason most
came to €100m.frequently given for positive or very positive
Internationally the dietary supplement market isopinions of the market situation is the high degree
on the rise, and Romania continues to follow thisof diversity of these products on the Romanian
pattern. On average, dietary supplements worthmarket (about one-third of responses among
approximately €4.7 are consumed per capitathose who assess the situation positively). One in
every year in Romania, whereas in countries suchfive respondents also cite the robust sales of
as France and Germany, the figure is €20-25.these products, and one in nine – the increase
This shows the potential of the dietaryin awareness of dietary supplements among
supplement market in Romania.This market inRomanians or the positive reception of dietary
Romania has also been boosted by an increase insupplements among the public (in addition to the
the prices of these products over the past threefact that they are trendy).
years, according to representatives of dietaryThis press release is based on information
supplement vendors in Romania interviewed bycontained in the latest PMR report entitled
PMR Publications."Dietary supplements market in Romania 2010.
"The market in question is expected to continueDevelopment forecasts for 2010-2013".
to grow, by 10-16% between 2010 and 2012, and