• Revenue of vitamins & minerals Philippines 2025

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In the Philippines, vitamins & minerals in the OTC pharmaceutical market generated approximately 266 million U.S. dollars in 2020. Revenue of this segment will increase to approximately 304 million U.S. dollars by 2025.

Revenue of vitamins & minerals in the OTC pharmaceutical market in the Philippines from 2012 to 2025 (in million U.S. dollars)

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Supplementary notes

The Vitamins and Minerals segment comprises over-the-counter natural and synthetic food supplements like multivitamin preparations, minerals, vitamins, tonics and cod liver oil. Vitamins and minerals include preparations in the form of capsules, dragees, pills, granulate, ampoules, solutions, powders, syrups for oral use. Not included are prescription medicines, preparations that are not explicit food supplement drugs (e.g. muscle-building preparations) or primarily serve cosmetic purposes. Among the top-selling vitamin and mineral products are Vitasprint, Orthomol, magnesium granulate, Curazink, Centrum. It includes both products which are exclusively sold in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

All figures are estimates. Details on the methodology can be found at https://cdn.statcdn.com/static/img/outlook/CMO-Methodik_en.pdf.