The global Cold, Cough, And Sore Throat Remedies market was valued at US$ 1555.4 million in 2020 and is expected to reach US$ 1986.4 million by the end of 2027, growing at a CAGR of 3.5% during 2021-2027.
Common cold, cough and sore throat are minor disorders of respiratory system, usually arises due to infection in respiratory tract and autoimmune response.
Global Cold, Cough and Sore Throat Remedies market is projected to grow rapidly due to increasing incidences of cold, cough infections, economic price and wide availability of products and demand for rapid and long lasting effective products by the patients. Rising demand for such remedial products is one of the major factor influencing the market growth. Other major drivers includes, and a growing trend to self-diagnose and self-treat minor ailments and growth in the child, senior and female populations. For instance, considering the irritation caused by common cold, Novartis AG launched its formulation ‘Otrivin Nasal Drops’ that act against cold for around 12 hours, followed by a number of similar formulations. Owing to large number of available and upcoming products, the market is expected to grow rapidly. However, number of side effects, threat of resistance and large manufacturing cost and distribution are some of the key restraints that might hamper the growth of the market.
Global Cold, Cough, And Sore Throat Remedies Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Cold, Cough, And Sore Throat Remedies Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report Reckitt Benckiser, Johnson & Johnson, GlaxoSmithKline, Novartis, Bayer, AstraZeneca, Sun Pharmaceutical Industries, Pfizer, Prestige Brands and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
Segment by Application
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
Table of Content:
1 Cold, Cough, And Sore Throat Remedies Market Overview
2 Cold, Cough, And Sore Throat Remedies Market Competition by Manufacturers
3 Cold, Cough, And Sore Throat Remedies Retrospective Market Scenario by Region
4 Global Cold, Cough, And Sore Throat Remedies Historic Market Analysis by Type
5 Global Cold, Cough, And Sore Throat Remedies Historic Market Analysis by Application
6 Key Companies Profiled
7 Cold, Cough, And Sore Throat Remedies Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Cold, Cough, And Sore Throat Remedies Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Erik Brady is a news media and fitness professional with a strong experience in online journalism as well as he is a well-known fitness instructor. He strength includes knowledge of sports, health, yoga, meditation, and proficiency. From a young age, Erik has interest in Football and he is BundesPremierLeague Contributor.