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Stada Grows Twice As Fast As CHC Market In 2023

 
• By Tom Gallen

Stada's local brand focus helped it deliver Consumer Healthcare sales growth of 16% in 2023 ensuring the German firm significantly outpaced the overall market growth rate of 7%.

Stada_HQ
• Source: Stada

Stada’s Consumer Healthcare business grew more than twice as fast as the global OTC market in 2023 as sales increased across all regions.

The Bad Vilbel, Germany-based firm reported CHC sales up 16% to €1.49bn ($1.62bn) over the 12 months, outpacing a non-prescription drugs market which expanded by 7%. Adjusted for special items...

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