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Africa Retail Pharmacy Market

Africa Retail Pharmacy Market By Type of Pharmacy (Chain Pharmacies, Independent Pharmacies, Hospital Pharmacies, Mail Order Pharmacies, Online Pharmacies); By Type of Prescription (Prescription Drugs [Rx], Over-the-Counter [OTC] Drugs); By Service Offered (Medication Dispensing, Health Screenings, Vaccination Services, Consultation and Counseling, Chronic Disease Management); By Product Type (Generic Drugs, Branded Drugs); By Application (Oncology, Diabetes, Neurology, Others); By Customer (Pediatric, Adults, Geriatric) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
Africa Retail Pharmacy Market Size 2024	USD 70,054.82 million
Africa Retail Pharmacy Market, CAGR	2.69%
Africa Retail Pharmacy Market Size 2032	USD 86,600.45 million

Market Overview

The Africa Retail Pharmacy Market is projected to grow from USD 70,054.82 million in 2024 to an estimated USD 86,600.45 million by 2032, with a compound annual growth rate (CAGR) of 2.69% from 2025 to 2032. This steady growth reflects the region’s expanding healthcare sector and increasing consumer demand for pharmaceutical products across diverse markets.

Key drivers for the Africa retail pharmacy market include the rising prevalence of chronic diseases, growing awareness about health and wellness, and an expanding middle-class population. The increasing accessibility of healthcare services and advancements in digital health technology are further driving the demand for pharmaceuticals. Additionally, the growing trend toward self-medication and over-the-counter (OTC) drug sales is influencing market dynamics. A surge in e-commerce platforms for health products is also expected to bolster market growth.

Geographically, the market is witnessing significant development in regions like South Africa, Nigeria, and Kenya, with urbanization and increased healthcare infrastructure contributing to the market’s expansion. Key players in the Africa Retail Pharmacy Market include Clicks Group, Dischem Pharmacies, and Medplus Pharmacy. These companies are focusing on expanding their footprints across the continent, enhancing service delivery, and embracing digital transformation to better serve the growing consumer base.

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Market Insights

The Africa Retail Pharmacy Market is projected to grow from USD 70,054.82 million in 2024 to USD 86,600.45 million by 2032, with a CAGR of 2.69%. This growth is driven by increasing consumer demand for pharmaceutical products and expanding healthcare services across the continent.
The Global Retail Pharmacy Market is expected to grow from USD 14,45,920.00 million in 2024 to USD 19,65,958.05 million by 2032, at a CAGR of 3.92% from 2025 to 2032.
Key drivers include the rising prevalence of chronic diseases, increased health awareness, and the expanding middle-class population. Advancements in digital health technology and self-medication trends are also contributing to market expansion.
The lack of healthcare infrastructure in rural areas, regulatory challenges, and the high cost of medications in some regions act as major restraints. These factors hinder widespread access to essential pharmaceutical services.
The increasing adoption of e-commerce platforms for health products is significantly boosting the market. Consumers are now seeking the convenience of online pharmacies for prescription and over-the-counter medications.
A growing trend toward self-medication, especially in urban populations, is pushing demand for over-the-counter (OTC) drugs. This shift is influencing retail pharmacy dynamics and service offerings.
South Africa remains the leading market in Africa, benefiting from strong retail pharmacy chains, advanced healthcare infrastructure, and a high demand for pharmaceutical products.
Sub-Saharan Africa presents significant growth opportunities, especially in countries like Nigeria and Kenya, where urbanization and increasing disposable incomes are driving demand for retail pharmacy services.

Report Scope

This report segments the Africa Retail Pharmacy Market as follows:

Market Drivers

Growing Health Awareness and Self-Medication Trend

As education and awareness about health and wellness continue to improve across Africa, consumers are becoming more proactive in managing their health. This has resulted in a noticeable shift towards self-medication, where individuals prefer to purchase over-the-counter (OTC) drugs for common ailments, instead of waiting for a doctor’s consultation. Retail pharmacies are capitalizing on this trend by offering a wide range of OTC products, including pain relievers, vitamins, dietary supplements, cold and flu medications, and skincare products. This trend is particularly evident in urban populations where busy lifestyles drive individuals to seek faster solutions for minor health issues. Retail pharmacies are responding by increasing the variety of OTC products on their shelves and providing educational resources to guide customers in choosing the right treatments. The growth of self-medication also contributes to the rise in e-commerce platforms for pharmaceuticals, with many consumers opting for online purchases due to convenience and the growing availability of delivery services. Retail pharmacies are becoming one-stop shops for a range of health needs, further expanding their customer base.

Technological Advancements and E-commerce Integration

The adoption of digital technologies in Africa is rapidly transforming various sectors, including healthcare and retail pharmacies. Retail pharmacies are increasingly incorporating advanced technologies to enhance customer experiences, streamline operations, and offer more convenient services. Technology-enabled pharmacy solutions, such as online consultations, prescription management systems, and telemedicine services, are becoming more popular in Africa. These digital platforms allow consumers to order medications online, access health-related advice, and even receive prescriptions electronically. E-commerce has become a major driver of the retail pharmacy market, particularly in the wake of the COVID-19 pandemic, which led to a surge in online shopping across the continent. The rise of online pharmacies enables consumers to buy medications, health supplements, and wellness products from the comfort of their homes. This growth in e-commerce is supported by the increasing use of mobile phones and internet penetration across Africa, which allows pharmacies to reach a wider audience. In addition to offering convenience, e-commerce platforms also help retail pharmacies reduce overhead costs by allowing them to operate with fewer physical locations. The integration of technology into the retail pharmacy sector is expected to continue to drive growth and innovation in the African market.

Shift Toward Preventive Healthcare and Wellness Products

As health awareness continues to grow across Africa, consumers are increasingly prioritizing preventive healthcare over reactive treatments. This shift has resulted in a surge in demand for wellness products such as vitamins, dietary supplements, organic foods, and natural remedies, which are widely available in retail pharmacies. For instance, pharmacies in South Africa have reported a significant increase in sales of immunity-boosting supplements since 2020. Consumers are becoming more proactive in managing their health, often opting for products that promote overall well-being, boost immunity, or improve mental health. Retail pharmacies are responding to this demand by expanding their offerings of preventive health and wellness products. Additionally, pharmacies are incorporating health consultations and advice into their services, helping customers make informed decisions about their health and wellness products. This trend is particularly evident in urban areas where consumers are more exposed to health-conscious lifestyles. The growing middle class in Africa, coupled with increasing disposable income, has also fueled this demand for wellness products. Retail pharmacies are adapting to these shifts by creating dedicated wellness sections and offering personalized services that cater to the preventive healthcare needs of customers.

Increase in Online Pharmacy Platforms

The digital transformation in Africa has led to the rise of online pharmacy platforms, where consumers can easily purchase medications, health supplements, and wellness products from the comfort of their homes. For instance, Ghana’s government-run electronic pharmacy platform has facilitated over 100,000 transactions since its launch, ensuring consumers have access to essential medications. Similarly, in Nigeria, an online pharmacy reported delivering over 50,000 orders in 2023 alone, highlighting the growing reliance on digital solutions for healthcare. Many retail pharmacies have expanded their services to include online ordering and delivery, ensuring that consumers have easy access to essential medications without visiting physical stores. This trend is also driven by convenience and the need for social distancing during health crises. Online pharmacies not only cater to urban populations but are also reaching underserved rural regions. E-commerce platforms enable pharmacies to expand their customer base and reduce operational costs by streamlining sales processes. Moreover, online platforms often offer competitive pricing, promotions, and faster delivery services, further attracting consumers. As mobile technology continues to advance in Africa, the growth of online pharmacies is expected to play a significant role in shaping the future of the retail pharmacy market.

Market Trends

Rise in Pharmacovigilance and Personalized Medicine

With advancements in healthcare technologies, the African retail pharmacy market is witnessing a growing focus on pharmacovigilance and personalized medicine. Pharmacovigilance involves monitoring the effects of medications to ensure their safety and efficacy. As the demand for complex treatments increases, retail pharmacies are playing a key role in ensuring patients receive proper medication with minimal risks. Pharmacies are focusing on educating customers about potential side effects, proper drug interactions, and ensuring the correct usage of medications. Furthermore, the trend toward personalized medicine—where treatments are tailored to an individual’s genetic makeup, health history, and lifestyle—has gained traction. Retail pharmacies are increasingly offering services such as genetic testing, personalized drug therapy recommendations, and follow-up consultations to ensure that patients are receiving the most effective and safest treatment. This trend not only enhances patient care but also opens up new revenue streams for pharmacies. As the healthcare landscape in Africa evolves, the retail pharmacy market will likely continue to focus on pharmacovigilance and the provision of personalized healthcare solutions.

Expansion of Retail Pharmacy Chains and Franchises

The retail pharmacy market in Africa is experiencing a surge in the expansion of pharmacy chains and franchises. Major pharmacy chains, such as Dischem Pharmacies, Clicks Group, and MedPlus Pharmacy, are increasingly opening new branches in various countries across the continent. This expansion is driven by the rising demand for pharmaceuticals and healthcare services, along with the growing middle class. Franchises are also becoming more popular as an entry point for entrepreneurs and investors into the pharmacy sector. This model allows for faster scalability, as it provides a proven business structure that reduces operational risks for new entrants. Additionally, many retail pharmacy chains are focusing on diversifying their product offerings beyond traditional medications to include beauty, wellness, and personal care products, further increasing their appeal to a broader customer base. With the increasing urbanization across Africa, the demand for easily accessible retail pharmacy outlets is growing, and pharmacy chains are strategically positioning themselves in both urban and suburban areas to cater to this demand. This trend is likely to continue as more consumers turn to retail pharmacies for their healthcare needs, creating opportunities for both local and international pharmacy brands to expand in the region.

Increase in Online Pharmacy Platforms

The digital transformation in Africa has led to the rise of online pharmacy platforms, where consumers can easily purchase medications, health supplements, and wellness products from the comfort of their homes. For instance, the number of online pharmacies in Africa has grown to approximately 160, as reported in 2023, bridging gaps in traditional supply chains and ensuring direct access to essential medicines. Many retail pharmacies have expanded their services to include online ordering and delivery, ensuring that consumers have easy access to essential medications without visiting physical stores. This trend is also driven by convenience and the need for social distancing during health crises. Online pharmacies not only cater to urban populations but are also reaching underserved rural regions. E-commerce platforms enable pharmacies to expand their customer base and reduce operational costs by streamlining sales processes. Moreover, online platforms often offer competitive pricing, promotions, and faster delivery services, further attracting consumers. As mobile technology continues to advance in Africa, the growth of online pharmacies is expected to play a significant role in shaping the future of the retail pharmacy market.

Shift Toward Preventive Healthcare and Wellness Products

As health awareness continues to grow across Africa, consumers are increasingly prioritizing preventive healthcare over reactive treatments. This shift has resulted in a surge in demand for wellness products such as vitamins, dietary supplements, organic foods, and natural remedies, which are widely available in retail pharmacies. For instance, the World Health Organization (WHO) reported that preventive healthcare initiatives in Africa have significantly increased access to essential health services, with countries like Ghana and Kenya leading efforts to promote wellness. Consumers are becoming more proactive in managing their health, often opting for products that promote overall well-being, boost immunity, or improve mental health. Retail pharmacies are responding to this demand by expanding their offerings of preventive health and wellness products. Additionally, pharmacies are incorporating health consultations and advice into their services, helping customers make informed decisions about their health and wellness products. This trend is particularly evident in urban areas where consumers are more exposed to health-conscious lifestyles. The growing middle class in Africa, coupled with increasing disposable income, has also fueled this demand for wellness products. Retail pharmacies are adapting to these shifts by creating dedicated wellness sections and offering personalized services that cater to the preventive healthcare needs of customers.

Market Challenges

Limited Healthcare Infrastructure and Access in Rural Areas

One of the primary challenges faced by the Africa retail pharmacy market is the limited healthcare infrastructure and access to pharmacy services in rural and remote areas. While urban centers have seen rapid development in terms of retail pharmacy outlets and healthcare services, rural regions often remain underserved. For instance, over 60% of Africa’s population resides in rural areas, where access to essential medications is limited due to inadequate distribution networks and logistical challenges. Many individuals in these regions struggle to obtain essential medications and healthcare products due to the absence of nearby pharmacies. The infrastructure gap also extends to the lack of well-trained pharmacy personnel and regulatory frameworks that support the expansion of pharmacy services in rural settings. Furthermore, in many rural areas, traditional medicine remains the preferred method of treatment, which can further reduce the demand for conventional pharmaceutical products. Retail pharmacies must invest in overcoming these barriers by expanding distribution networks, establishing more remote pharmacies, and improving the availability of medications in underserved areas. Additionally, building trust with local communities is essential, as many consumers still rely on informal healthcare providers. Addressing these challenges will require significant investment in infrastructure, education, and regulatory reforms to eure equitable access to pharmaceutical services across the entire continent.

Regulatory and Compliance Challenges

The regulatory environment in Africa presents another significant challenge for the retail pharmacy market. The continent’s diverse regulatory landscape can make it difficult for retail pharmacies to navigate compliance requirements, with regulations varying widely from one country to another. In many cases, regulatory frameworks for the pharmaceutical industry are either underdeveloped or poorly enforced, leading to issues such as counterfeit drugs, substandard medications, and inadequate labeling. These challenges undermine the credibility of the retail pharmacy sector and pose serious health risks to consumers. Additionally, many African countries have stringent import regulations, which can result in delays and higher costs for pharmacies sourcing medications from international suppliers. Retail pharmacies also face challenges in complying with varying standards for pricing, licensing, and sales practices, which can create barriers to entry for new market players and hinder the growth of existing businesses. Furthermore, the rise of e-commerce in the pharmaceutical sector introduces new regulatory complexities, particularly related to the online sale of medications and cross-border transactions. Retail pharmacies must ensure they comply with local and international standards while safeguarding consumer health. This regulatory uncertainty can impact profitability, operational efficiency, and market expansion plans. As the market continues to evolve, a harmonized regulatory framework and stronger enforcement mechanisms will be crucial to mitigating these challenges and fostering sustainable growth in the African retail pharmacy sector

Market Opportunities

Expansion into Underserved Rural and Remote Areas

The Africa retail pharmacy market presents a significant opportunity for growth through expansion into underserved rural and remote regions. With a large portion of the African population residing in these areas, many individuals still lack convenient access to pharmaceutical services. Retail pharmacies have the opportunity to establish outlets and distribution networks in rural settings, bridging the healthcare access gap. In addition to traditional pharmacy services, these pharmacies can offer over-the-counter (OTC) medications, wellness products, and health consultations, addressing a growing demand for accessible healthcare solutions. The development of mobile pharmacies and telemedicine services in these regions also presents an opportunity to reach consumers who may be difficult to serve through traditional brick-and-mortar stores. As the rural middle class grows and disposable incomes increase, these areas represent untapped markets with substantial growth potential for retail pharmacy chains.

Leveraging E-commerce and Digital Health Solutions

Another key opportunity lies in leveraging e-commerce and digital health solutions to cater to a growing tech-savvy population across Africa. With increased internet penetration and mobile phone usage, consumers are increasingly turning to online platforms to purchase pharmaceutical products and access healthcare services. Retail pharmacies can capitalize on this trend by establishing strong digital presences through e-commerce websites and mobile apps, offering convenient access to prescription medications, OTC drugs, and wellness products. Additionally, integrating digital health services, such as online consultations, telemedicine, and health monitoring tools, can create a more personalized healthcare experience for consumers. This shift towards digitalization can help pharmacies expand their customer base, improve operational efficiencies, and reduce overhead costs. By embracing these digital trends, retail pharmacies can tap into a rapidly growing market that demands convenience and innovation in healthcare services.

Market Segmentation Analysis

By Type of Pharmacy

The Africa retail pharmacy market is segmented by the type of pharmacy, which includes chain pharmacies, independent pharmacies, hospital pharmacies, mail order pharmacies, and online pharmacies. Chain pharmacies dominate the retail pharmacy landscape due to their extensive networks, economies of scale, and ability to offer a wide range of pharmaceutical products at competitive prices. Independent pharmacies also play a significant role, particularly in rural areas, offering personalized services and localized access to medications. Hospital pharmacies, though primarily focused on in-patient care, have seen an increase in demand for outpatient services, which extends to retail offerings. Mail order pharmacies have grown in popularity, especially in regions where access to physical pharmacies is limited, providing patients with the convenience of receiving their medications by post. Online pharmacies are experiencing rapid growth as more consumers turn to digital platforms for the convenience of home delivery, with increased access to mobile internet and e-commerce platforms.

By Type of Prescription

The market is also divided by the type of prescription, which includes prescription drugs (Rx) and over-the-counter (OTC) drugs. Prescription drugs make up a significant portion of the market due to the growing incidence of chronic diseases and the need for ongoing medication management. OTC drugs, however, are seeing robust growth as consumers increasingly self-medicate for common health issues, such as colds, pain, and digestive disorders. Retail pharmacies are expanding their offerings of OTC products, especially with the rise of preventive healthcare and wellness trends.

Segments

Based on Type of Pharmacy

Chain Pharmacies
Independent Pharmacies
Hospital Pharmacies
Mail Order Pharmacies
Online Pharmacies

Based on Type of prescription

Prescription Drugs (Rx)
Over-the-Counter (OTC) Drugs

Based on Service offered

Medication Dispensing
Health Screenings
Vaccination Services
Consultation and Counseling
Chronic Disease Management

Based on Product Type

Generic Drugs
Branded Drugs

Based on Application

Oncology
Diabetes
Neurology
Others

Based on Customer

Paediatric
Adults
Geriatric

Based on Region

North Africa
Sub-Saharan Africa
East Africa
West Africa

Regional Analysis

North Africa (30%)

North Africa holds the largest market share in the Africa retail pharmacy market, accounting for approximately 30% of the total market value. The region benefits from relatively more advanced healthcare infrastructure and established retail pharmacy chains. Countries like Egypt, Morocco, and Algeria have seen rapid growth in both urban and rural pharmacy outlets. The presence of international pharmacy chains, coupled with a growing middle class and rising healthcare awareness, has accelerated the expansion of retail pharmacies. Furthermore, North Africa’s large population and the increasing prevalence of chronic diseases such as diabetes and cardiovascular conditions are driving demand for pharmaceuticals and healthcare services. The region’s strong regulatory frameworks and improving access to healthcare services further enhance the attractiveness of the retail pharmacy sector.

Sub-Saharan Africa (45%)

Sub-Saharan Africa is the largest and fastest-growing region in the retail pharmacy market, holding approximately 45% of the total market share. This region is home to the majority of Africa’s population, and the growing demand for healthcare products is being driven by urbanization, increasing disposable incomes, and a rise in chronic diseases. Although healthcare infrastructure remains underdeveloped in many parts of Sub-Saharan Africa, significant improvements are being made in urban areas. South Africa, the largest market in the region, is a key player, with a well-established retail pharmacy sector and an expanding focus on wellness and chronic disease management. Additionally, other Sub-Saharan countries like Nigeria, Kenya, and Ghana are seeing a rise in both physical and online pharmacy services, driven by technological advancements and increasing internet penetration.

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Key players

Clicks Group
Dischem Pharmacies
MedPlus
Kahira Pharmaceuticals
HealthPlus

Competitive Analysis

The Africa retail pharmacy market is highly competitive, with both local and international players vying for market share. Clicks Group, one of the dominant players in South Africa, benefits from its extensive network of stores and strong brand presence. The company offers a wide range of healthcare products and services, catering to the growing demand for pharmaceutical products. Similarly, Dischem Pharmacies has established itself as a major competitor with a robust retail presence, strong customer loyalty, and a comprehensive portfolio of health and wellness products. MedPlus, a prominent player in Nigeria, stands out with its focus on providing a range of quality health products along with personalized pharmacy services. Kahira Pharmaceuticals has positioned itself as an innovative player by expanding into new markets across Africa, while HealthPlus continues to gain traction through its emphasis on customer satisfaction and product diversity. These companies are adopting various growth strategies, such as expansion into new regions, diversifying product offerings, and leveraging e-commerce, which enhances their competitive advantage in the rapidly evolving African market.

Recent Developments

As of March 31, 2024, Apollo Pharmacy operated 6,030 stores across approximately 1,200 cities and towns in 22 states and 5 union territories. The company continues to expand its digital healthcare platform, offering services like online medicine delivery and virtual doctor consultations.

In October 2024, Caring Pharmacy Retail Management Sdn Bhd, a 75%-owned unit of 7-Eleven Malaysia Holdings Bhd, announced acquisitions of equity interest and business assets in several pharmaceutical outlets for a combined cash consideration of RM48.86 million.

In June 2024, the Australian Competition and Consumer Commission (ACCC) expressed concerns that the proposed acquisition of Chemist Warehouse by Sigma Healthcare could substantially lessen competition in pharmacy retailing, potentially leading to higher prices and reduced service quality.

In January 2025, Watsons Philippines ended 2024 with 1,166 stores, expanding its community pharmacy format. The company opened more than 50 stores outside of Metro Manila.

Market Concentration and Characteristics

The Africa retail pharmacy market is characterized by moderate to high concentration, with a mix of large pharmacy chains and smaller independent players competing for market share. While major chains such as Clicks Group and Dischem Pharmacies dominate the market, particularly in South Africa, independent pharmacies continue to thrive in underserved and rural regions, offering personalized services. The market is also witnessing an increasing number of international pharmacy players entering the region, drawn by its growing population and rising demand for healthcare products. Despite the dominance of a few large players, the retail pharmacy sector is highly fragmented, with opportunities for both large-scale operations and smaller, localized businesses to flourish. The growing trend towards e-commerce and online pharmacies is further diversifying the market, allowing new entrants to capitalize on digital platforms. As a result, the market is evolving rapidly, with increased competition driving innovation, improved service offerings, and better accessibility to healthcare products across the continent.

Report Coverage

The research report offers an in-depth analysis based on Type of Pharmacy, Type of prescription, Service offered, Product Type, Application, Customer and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

The Africa retail pharmacy market is expected to continue its growth trajectory, driven by increasing healthcare demands and expanding access to medicines. As urbanization rises, pharmacies will become more integral to healthcare delivery.

Retail pharmacies will increasingly focus on expanding into rural regions where healthcare access remains limited. This expansion will help bridge the gap in pharmaceutical services across the continent.

The growth of e-commerce platforms will significantly transform the retail pharmacy sector, enabling pharmacies to offer home delivery and online consultations. Digital platforms will become a key channel for pharmaceutical sales.

With growing health awareness, there will be an increased demand for wellness products and preventive healthcare services. Retail pharmacies will expand their offerings to include vitamins, supplements, and other wellness products.

The adoption of digital health technologies such as telemedicine and online consultations will enable pharmacies to provide more comprehensive care. Pharmacies will play a larger role in chronic disease management and health monitoring.

As the prevalence of chronic diseases like diabetes and hypertension rises, retail pharmacies will focus more on providing specialized services such as medication adherence programs and chronic disease management solutions.

African governments are likely to strengthen regulatory frameworks for the pharmaceutical sector, improving product safety and consumer trust. These changes will support the growth of both local and international pharmacy players.

Retail pharmacies will diversify their product portfolios to include a wide range of healthcare products, including medical devices, personal care, and cosmetic items, in addition to prescription medications.

As the African healthcare sector continues to expand, more foreign investments will flow into the retail pharmacy market. International pharmacy chains will further penetrate the market, contributing to competitive growth.

Retail pharmacies will place a stronger emphasis on enhancing the customer experience through personalized services, loyalty programs, and consultations. This will help retain customers and foster long-term relationships in a competitive market.

CHAPTER NO. 1 : INTRODUCTION 19

1.1. Report Description 19

Purpose of the Report 19

USP & Key Offerings 19

1.2. Key Benefits for Stakeholders 19

1.3. Target Audience 20

1.4. Report Scope 20

CHAPTER NO. 2 : EXECUTIVE SUMMARY 21

2.1. Africa Retail Pharmacy Market Snapshot 21

2.2. Africa Retail Pharmacy Market, 2018 – 2032 (USD Million) 22

CHAPTER NO. 3 : AFRICA RETAIL PHARMACY MARKET – INDUSTRY ANALYSIS 23

3.1. Introduction 23

3.2. Market Drivers 24

3.3. Growing Population 24

3.4. Increasing Prevalence of Chronic Diseases 25

3.5. Market Restraints 26

3.6. Economic Constraints and Poverty 26

3.7. Market Opportunities 27

3.8. Market Opportunity Analysis 27

3.9. Porter’s Five Forces Analysis 28

CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 29

4.1. Company Market Share Analysis – 2024 29

4.1.1. Africa Retail Pharmacy Market: Company Market Share, by Volume, 2024 29

4.1.2. Africa Retail Pharmacy Market: Company Market Share, by Revenue, 2024 30

4.1.3. Africa Retail Pharmacy Market: Top 6 Company Market Share, by Revenue, 2024 30

4.1.4. Africa Retail Pharmacy Market: Top 3 Company Market Share, by Revenue, 2024 31

4.2. Africa Retail Pharmacy Market Company Revenue Market Share, 2024 32

4.3. Company Assessment Metrics, 2024 33

4.3.1. Stars 33

4.3.2. Emerging Leaders 33

4.3.3. Pervasive Players 33

4.3.4. Participants 33

4.4. Start-ups /SMEs Assessment Metrics, 2024 33

4.4.1. Progressive Companies 33

4.4.2. Responsive Companies 33

4.4.3. Dynamic Companies 33

4.4.4. Starting Blocks 33

4.5. Strategic Developments 34

4.5.1. Acquisitions & Mergers 34

New Product Launch 34

Regional Expansion 34

4.6. Key Players Product Matrix 35

CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS 36

5.1. PESTEL 36

5.1.1. Political Factors 36

5.1.2. Economic Factors 36

5.1.3. Social Factors 36

5.1.4. Technological Factors 36

5.1.5. Environmental Factors 36

5.1.6. Legal Factors 36

5.2. Adjacent Market Analysis 36

CHAPTER NO. 6 : AFRICA RETAIL PHARMACY MARKET – BY TYPE OF PHARMACY SEGMENT ANALYSIS 37

6.1. Africa Retail Pharmacy Market Overview, by Type of Pharmacy Segment 37

6.1.1. Africa Retail Pharmacy Market Revenue Share, By Type of Pharmacy, 2023 & 2032 38

6.1.2. Africa Retail Pharmacy Market Attractiveness Analysis, By Type of Pharmacy 39

6.1.3. Incremental Revenue Growth Opportunity, by Type of Pharmacy, 2024 – 2032 39

6.1.4. Africa Retail Pharmacy Market Revenue, By Type of Pharmacy, 2018, 2023, 2027 & 2032 40

6.2. Chain Pharmacies 41

6.3. Independent Pharmacies 42

6.4. Hospital Pharmacies 43

6.5. Mail Order Pharmacies 44

6.6. Online Pharmacies 45

CHAPTER NO. 7 : AFRICA RETAIL PHARMACY MARKET – BY TYPE OF PRESCRIPTION SEGMENT ANALYSIS 46

7.1. Africa Retail Pharmacy Market Overview, by Type of Prescription Segment 46

7.1.1. Africa Retail Pharmacy Market Revenue Share, By Type of Prescription, 2023 & 2032 47

7.1.2. Africa Retail Pharmacy Market Attractiveness Analysis, By Type of Prescription 48

7.1.3. Incremental Revenue Growth Opportunity, by Type of Prescription, 2024 – 2032 48

7.1.4. Africa Retail Pharmacy Market Revenue, By Type of Prescription, 2018, 2023, 2027 & 2032 49

7.2. Prescription Drugs (Rx) 50

7.3. Over-the-Counter (OTC) Drugs 51

CHAPTER NO. 8 : AFRICA RETAIL PHARMACY MARKET – BY SERVICE OFFERED SEGMENT ANALYSIS 52

8.1. Africa Retail Pharmacy Market Overview, by Service Offered Segment 52

8.1.1. Africa Retail Pharmacy Market Revenue Share, By Service Offered, 2023 & 2032 53

8.1.2. Africa Retail Pharmacy Market Attractiveness Analysis, By Service Offered 54

8.1.3. Incremental Revenue Growth Opportunity, by Service Offered, 2024 – 2032 54

8.1.4. Africa Retail Pharmacy Market Revenue, By Service Offered, 2018, 2023, 2027 & 2032 55

8.2. Medication Dispensing 56

8.3. Health Screenings 57

8.4. Vaccination Services 58

8.5. Consultation and Counseling 59

8.6. Chronic Disease Management 60

CHAPTER NO. 9 : AFRICA RETAIL PHARMACY MARKET – BY PRODUCT TYPE SEGMENT ANALYSIS 61

9.1. Africa Retail Pharmacy Market Overview, by Product Type Segment 61

9.1.1. Africa Retail Pharmacy Market Revenue Share, By Product Type, 2023 & 2032 62

9.1.2. Africa Retail Pharmacy Market Attractiveness Analysis, By Product Type 63

9.1.3. Incremental Revenue Growth Opportunity, by Product Type, 2024 – 2032 63

9.1.4. Africa Retail Pharmacy Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 64

9.2. Generic Drugs 65

9.3. Branded Drugs 66

CHAPTER NO. 10 : AFRICA RETAIL PHARMACY MARKET – BY APPLICATION SEGMENT ANALYSIS 67

10.1. Africa Retail Pharmacy Market Overview, by Application Segment 67

10.1.1. Africa Retail Pharmacy Market Revenue Share, By Application , 2023 & 2032 68

10.1.2. Africa Retail Pharmacy Market Attractiveness Analysis, By Application 69

10.1.3. Incremental Revenue Growth Opportunity, by Application , 2024 – 2032 69

10.1.4. Africa Retail Pharmacy Market Revenue, By Application , 2018, 2023, 2027 & 2032 70

10.2. Oncology 71

10.3. Diabetes 72

10.4. Neurology 73

10.5. Others 74

CHAPTER NO. 11 : AFRICA RETAIL PHARMACY MARKET – BY CUSTOMER SEGMENT ANALYSIS 75

11.1. Africa Retail Pharmacy Market Overview, by Customer Segment 75

11.1.1. Africa Retail Pharmacy Market Revenue Share, By Customer Segment, 2023 & 2032 76

11.1.2. Africa Retail Pharmacy Market Attractiveness Analysis, By Customer Segment 77

11.1.3. Incremental Revenue Growth Opportunity, by Customer Segment, 2024 – 2032 77

11.1.4. Africa Retail Pharmacy Market Revenue, By Customer Segment, 2018, 2023, 2027 & 2032 78

11.2. Paediatric 79

11.3. Adults 80

11.4. Geriatric 80

CHAPTER NO. 12 : RETAIL PHARMACY MARKET – AFRICA 81

12.1. Africa 81

12.1.1. Key Highlights 81

12.1.2. Africa Retail Pharmacy Market Revenue, By Country, 2018 – 2023 (USD Million) 82

12.1.3. Africa Retail Pharmacy Market Revenue, By Type of Pharmacy, 2018 – 2032 (USD Million) 83

12.1.4. Africa Retail Pharmacy Market Revenue, By Type of Prescription, 2018 – 2032 (USD Million) 84

12.1.5. Africa Retail Pharmacy Market Revenue, By Service Offered, 2018 – 2032 (USD Million) 85

12.1.6. Africa Retail Pharmacy Market Revenue, By Product Type, 2018 – 2032 (USD Million) 86

12.1.7. Africa Retail Pharmacy Market Revenue, By Application, 2018 – 2032 (USD Million) 87

12.1.8. Africa Retail Pharmacy Market Revenue, By Customer Segment, 2018 – 2032 (USD Million) 88

12.2. Egypt 89

12.3. Nigeria 89

12.4. Algeria 89

12.5. Morocco 89

12.6. Rest of Africa 89

CHAPTER NO. 13 : COMPANY PROFILES 90

13.1. Clicks Group 90

13.1.1. Company Overview 90

13.1.2. Product Portfolio 90

13.1.3. Swot Analysis 90

13.1.4. Business Strategy 91

13.1.5. Financial Overview 91

13.2. Dischem Pharmacies 92

13.3. MedPlus 92

13.4. Kahira Pharmaceuticals 92

13.5. HealthPlus 92

13.6. Company 6 92

13.7. Company 7 92

13.8. Company 8 92

13.9. Company 9 92

13.10. Company 10 92

List of Figures

FIG NO. 1. Africa Retail Pharmacy Market Revenue, 2018 – 2032 (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for Africa Retail Pharmacy Market 28

FIG NO. 3. Company Share Analysis, 2024 29

FIG NO. 4. Company Share Analysis, 2024 30

FIG NO. 5. Company Share Analysis, 2024 30

FIG NO. 6. Company Share Analysis, 2024 31

FIG NO. 7. Africa Retail Pharmacy Market – Company Revenue Market Share, 2024 32

FIG NO. 8. Africa Retail Pharmacy Market Revenue Share, By Type of Pharmacy, 2023 & 2032 38

FIG NO. 9. Market Attractiveness Analysis, By Type of Pharmacy 39

FIG NO. 10. Incremental Revenue Growth Opportunity by Type of Pharmacy, 2024 – 2032 39

FIG NO. 11. Africa Retail Pharmacy Market Revenue, By Type of Pharmacy, 2018, 2023, 2027 & 2032 40

FIG NO. 12. Africa Retail Pharmacy Market for Chain Pharmacies, Revenue (USD Million) 2018 – 2032 41

FIG NO. 13. Africa Retail Pharmacy Market for Independent Pharmacies, Revenue (USD Million) 2018 – 2032 42

FIG NO. 14. Africa Retail Pharmacy Market for Hospital Pharmacies, Revenue (USD Million) 2018 – 2032 43

FIG NO. 15. Africa Retail Pharmacy Market for Mail Order Pharmacies, Revenue (USD Million) 2018 – 2032 44

FIG NO. 16. Africa Retail Pharmacy Market for Online Pharmacies, Revenue (USD Million) 2018 – 2032 45

FIG NO. 17. Africa Retail Pharmacy Market Revenue Share, By Type of Prescription, 2023 & 2032 47

FIG NO. 18. Market Attractiveness Analysis, By Type of Prescription 48

FIG NO. 19. Incremental Revenue Growth Opportunity by Type of Prescription, 2024 – 2032 48

FIG NO. 20. Africa Retail Pharmacy Market Revenue, By Type of Prescription, 2018, 2023, 2027 & 2032 49

FIG NO. 21. Africa Retail Pharmacy Market for Prescription Drugs (Rx), Revenue (USD Million) 2018 – 2032 50

FIG NO. 22. Africa Retail Pharmacy Market for Over-the-Counter (OTC) Drugs, Revenue (USD Million) 2018 – 2032 51

FIG NO. 23. Africa Retail Pharmacy Market Revenue Share, By Service Offered, 2023 & 2032 53

FIG NO. 24. Market Attractiveness Analysis, By Service Offered 54

FIG NO. 25. Incremental Revenue Growth Opportunity by Service Offered, 2024 – 2032 54

FIG NO. 26. Africa Retail Pharmacy Market Revenue, By Service Offered, 2018, 2023, 2027 & 2032 55

FIG NO. 27. Africa Retail Pharmacy Market for Medication Dispensing, Revenue (USD Million) 2018 – 2032 56

FIG NO. 28. Africa Retail Pharmacy Market for Health Screenings, Revenue (USD Million) 2018 – 2032 57

FIG NO. 29. Africa Retail Pharmacy Market for Vaccination Services, Revenue (USD Million) 2018 – 2032 58

FIG NO. 30. Africa Retail Pharmacy Market for Consultation and Counseling, Revenue (USD Million) 2018 – 2032 59

FIG NO. 31. Africa Retail Pharmacy Market for Chronic Disease Management, Revenue (USD Million) 2018 – 2032 60

FIG NO. 32. Africa Retail Pharmacy Market Revenue Share, By Product Type, 2023 & 2032 62

FIG NO. 33. Market Attractiveness Analysis, By Product Type 63

FIG NO. 34. Incremental Revenue Growth Opportunity by Product Type, 2024 – 2032 63

FIG NO. 35. Africa Retail Pharmacy Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 64

FIG NO. 36. Africa Retail Pharmacy Market for Generic Drugs, Revenue (USD Million) 2018 – 2032 65

FIG NO. 37. Africa Retail Pharmacy Market for Branded Drugs, Revenue (USD Million) 2018 – 2032 66

FIG NO. 38. Africa Retail Pharmacy Market Revenue Share, By Application , 2023 & 2032 68

FIG NO. 39. Market Attractiveness Analysis, By Application 69

FIG NO. 40. Incremental Revenue Growth Opportunity by Application , 2024 – 2032 69

FIG NO. 41. Africa Retail Pharmacy Market Revenue, By Application , 2018, 2023, 2027 & 2032 70

FIG NO. 42. Africa Retail Pharmacy Market for Oncology, Revenue (USD Million) 2018 – 2032 71

FIG NO. 43. Africa Retail Pharmacy Market for Diabetes, Revenue (USD Million) 2018 – 2032 72

FIG NO. 44. Africa Retail Pharmacy Market for Neurology, Revenue (USD Million) 2018 – 2032 73

FIG NO. 45. Africa Retail Pharmacy Market for Others, Revenue (USD Million) 2018 – 2032 74

FIG NO. 46. Africa Retail Pharmacy Market Revenue Share, By Customer Segment, 2023 & 2032 76

FIG NO. 47. Market Attractiveness Analysis, By Customer Segment 77

FIG NO. 48. Incremental Revenue Growth Opportunity by Customer Segment, 2024 – 2032 77

FIG NO. 49. Africa Retail Pharmacy Market Revenue, By Customer Segment, 2018, 2023, 2027 & 2032 78

FIG NO. 50. Africa Retail Pharmacy Market for Pediatric, Revenue (USD Million) 2018 – 2032 79

FIG NO. 51. Africa Retail Pharmacy Market for Adults, Revenue (USD Million) 2018 – 2032 80

FIG NO. 52. Africa Retail Pharmacy Market for Geriatric, Revenue (USD Million) 2018 – 2032 80

FIG NO. 53. Africa Retail Pharmacy Market Revenue, 2018 – 2032 (USD Million) 81

List of Tables

TABLE NO. 1. : Africa Retail Pharmacy Market: Snapshot 21

TABLE NO. 2. : Drivers for the Africa Retail Pharmacy Market: Impact Analysis 24

TABLE NO. 3. : Restraints for the Africa Retail Pharmacy Market: Impact Analysis 26

TABLE NO. 4. : Africa Retail Pharmacy Market Revenue, By Country, 2018 – 2023 (USD Million) 82

TABLE NO. 5. : Africa Retail Pharmacy Market Revenue, By Country, 2024 – 2032 (USD Million) 82

TABLE NO. 6. : Africa Retail Pharmacy Market Revenue, By Type of Pharmacy, 2018 – 2023 (USD Million) 83

TABLE NO. 7. : Africa Retail Pharmacy Market Revenue, By Type of Pharmacy, 2024 – 2032 (USD Million) 83

TABLE NO. 8. : Africa Retail Pharmacy Market Revenue, By Type of Prescription, 2018 – 2023 (USD Million) 84

TABLE NO. 9. : Africa Retail Pharmacy Market Revenue, By Type of Prescription, 2024 – 2032 (USD Million) 84

TABLE NO. 10. : Africa Retail Pharmacy Market Revenue, By Service Offered, 2018 – 2023 (USD Million) 85

TABLE NO. 11. : Africa Retail Pharmacy Market Revenue, By Service Offered, 2024 – 2032 (USD Million) 85

TABLE NO. 12. : Africa Retail Pharmacy Market Revenue, By Product Type, 2018 – 2023 (USD Million) 86

TABLE NO. 13. : Africa Retail Pharmacy Market Revenue, By Product Type, 2024 – 2032 (USD Million) 86

TABLE NO. 14. : Africa Retail Pharmacy Market Revenue, By Application, 2018 – 2023 (USD Million) 87

TABLE NO. 15. : Africa Retail Pharmacy Market Revenue, By Application, 2024 – 2032 (USD Million) 87

TABLE NO. 16. : Africa Retail Pharmacy Market Revenue, By Customer Segment, 2018 – 2023 (USD Million) 88

TABLE NO. 17. : Africa Retail Pharmacy Market Revenue, By Customer Segment, 2024 – 2032 (USD Million) 88

Frequently Asked Questions

What is the projected market size of the Africa Retail Pharmacy Market in 2023, 2032, and the CAGR?

The Africa Retail Pharmacy Market was valued at USD 70,054.82 million in 2024 and is projected to reach USD 86,600.45 million by 2032, with a compound annual growth rate (CAGR) of 2.69% from 2025 to 2032.

What are the key drivers of the Africa Retail Pharmacy Market?

The key drivers include the rising prevalence of chronic diseases, growing health awareness, and an expanding middle-class population. Additionally, advancements in digital health and e-commerce platforms are contributing to market growth.

How are retail pharmacies addressing the demand for healthcare in rural areas?

Retail pharmacies are expanding their services into underserved rural areas, improving access to essential medications and healthcare products. This includes establishing physical outlets and leveraging mobile and online platforms.

What role does digital transformation play in the Africa Retail Pharmacy Market?

Digital transformation, including e-commerce platforms and online consultations, is enhancing accessibility and convenience for consumers. This shift is expected to further drive market growth by offering more efficient pharmacy services.

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