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Analysis of Competition and Domination in the Market of Biologically Active Supplements in Russia

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  • N. I. Markov

    (Moscow State University)

Abstract

— The article provides an analysis of the dynamics of competition and dominance in the market of biologically active additives (BAA) in Russia from 2004 to 2022. The relationship between changes in the concentration of the industry and legislative acts regulating advertising and turnover of dietary supplements, as well as data on the shares of the largest manufacturers in order to identify dominant groups in the market, was analyzed. The Herfindahl–Hirschman, Linda, strength/variety (SV) matrix, and concentration ratios were used as tools. The dominant group was identified four times in the period from 2005 to 2015. It is shown that after 2010, competition in the dietary supplements market has intensified. The results of the analysis indicate similarities in the development of competition in the dietary supplements market and the drug market.

Suggested Citation

  • N. I. Markov, 2023. "Analysis of Competition and Domination in the Market of Biologically Active Supplements in Russia," Studies on Russian Economic Development, Springer, vol. 34(5), pages 640-650, October.
    • Handle: RePEc:spr:sorede:v:34:y:2023:i:5:d:10.1134_s107570072305009x
    DOI: 10.1134/S107570072305009X
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    References listed on IDEAS

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    1. Denis Klimanov & Olga Tretyak & Uri Goren & Timothy White, 2021. "Transformation of Value in Innovative Business Models: The Case of Pharmaceutical Market," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 15(3), pages 52-65.
    2. Svetlana V. Shchelokova & Vladimir A. Vertogradov, 2023. "Individual insurance products: is there a real choice for Russians?," Population and Economics, ARPHA Platform, vol. 7(1), pages 1-20, March.
    3. V. A. Bartosh & I. R. Lisetskaya, 2022. "Identification And Analysis Of Dominant Groups In The South African Automotive Market (2010-2021)," Business Strategies, Real Economy Publishing House, vol. 10(5).
    4. Manturov, Denis V. (Мантуров, Денис), 2018. "Industrial Policy in the Pharmaceutical Industry of the Russian Federation [Промышленная Политика В Российской Фармацевтической Отрасли]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 2, pages 64-77, April.
    5. A.V. Govorova, 2023. "History and Paradoxes of the Chinese Car Market: Eastern Strategies and the Asian Regulator," Studies on Russian Economic Development, Springer, vol. 34(1), pages 150-158, February.
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