Care Products market in Honduras
The Honduran Care Products eCommerce market is predicted to reach US$50.3 million by 2024 and accounts for 8.4% of the total eCommerce market in Honduras. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 16.8%, resulting in a projected market volume of US$93.8 million by 2028. Within the Care Products market ECDB considers the following three sub-markets: Personal Care, Health Care, and Household Care.
Market development
eCommerce revenue development in the Nutrition market in Honduras
The Honduran Nutrition eCommerce market is predicted to reach US$3.5 million by 2024 and accounts for 25.0% of the Health Care eCommerce market in Honduras. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 14.5%, resulting in a projected market volume of US$6.0 million by 2028. The Nutrition eCommerce market is a sub-market of the Health Care market. Further categories within the Health Care market are: Eye Care, Medical Products, Other Health Care, and Pharmaceuticals.
eCommerce revenue development in the Nutrition market in Honduras
eCommerce revenue growth in the Nutrition market in Honduras
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 97.5 | 43.1 | 75.9 | 51.1 | 14.4 | 34.6 | 81.1 | 86.6 | ||||
as of Health Care (in %) | 27.3 | 26.8 | 26.3 | 25.9 | 26.9 | 31.5 | 32.4 | 33.5 | 35.1 | 37.1 | 39.3 | 41.0 |
Market definition
Definition of the Nutrition market within the Care Products market
Market definition: Care Products > Health Care > Nutrition The category Nutrition includes the online trade of food supplies, protein drinks and bars and health teas. This category does not cover food and beverages and nutrition counseling. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Food supplies
- Protein drinks and bars
- Health teas
Out-of-scope
- Food and beverages
- Nutrition counseling
Market comparison
The Honduran Nutrition market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Other Medical Products *
- Health Teas *
- Other Nutrition *
- Other Pharmaceuticals *
- Other Health Care *
- Other Decorative Cosmetics *
- Handkerchiefs *
- Other Hygiene *
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