Care Products market in Nicaragua
The Nicaraguan Care Products eCommerce market is predicted to reach US$20.5 million by 2024 and accounts for 8.4% of the total eCommerce market in Nicaragua. 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 11.1%, resulting in a projected market volume of US$31.3 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 Food Supplements market in Nicaragua
The Nicaraguan Food Supplements eCommerce market is predicted to reach US$0.8 million by 2024 and accounts for 56.2% of the Nutrition eCommerce market in Nicaragua. 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 5.4%, resulting in a projected market volume of US$1.0 million by 2028. The Food Supplements eCommerce market is a sub-market of the Nutrition market. Further categories within the Nutrition market are: Health Teas, Other Nutrition, and Protein Drinks & Bars.
eCommerce revenue development in the Food Supplements market in Nicaragua
eCommerce revenue growth in the Food Supplements market in Nicaragua
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 5.6 | 36.8 | 42.8 | 89.2 | 20.4 | 99.1 | 39.9 | 73.5 |
Market definition
Definition of the Food Supplements market within the Care Products market
Market definition: Care Products > Health Care > Nutrition > Food Supplements The category Food Supplements 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
- Vitamins and minerals
- Herbal and botanical supplements
- Omega-3 fatty acids
- Probiotics and digestive health
- Weight management supplements
Out-of-scope
- Protein drinks and bars
Market comparison
The Nicaraguan Food Supplements 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 *
- Conditioners *
- Hair Dyes *
* Not available for the selected country