Cold, Cough and Sore Throat Remedies Will be Netting US$ 45.4 Bn by 2026 End Across the Globe

Thursday, March 23, 2017 Research News
Email Print This Page Comment bookmark
Font : A-A+

VALLEY COTTAGE, New York, March 23, 2017 /PRNewswire/ --

Seeking professional medical help for curing cold, cough

or sore throat is become a rare practice, let alone getting admitted in a hospital. Prevalence of cold, cough and sore throat problems through the ages has made people more independent in terms of treating them. In the years to come, effective home remedies
will continue to gain traction and people will be taking care of their cold or sore throat through such easy-to-treat remedies.

     (Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )

Future Market Insights' latest report delivers such discernments that are expected to leave a considerable imprint on the global market for cold, cough & sore throat remedies. Based on the report, the global cold, cough & sore throat remedies market is presently valued at US$ 32.4 Bn, and is anticipated to incur sluggish growth at 3.2% CAGR to bring in just over US$ 45.4 Bn by the end of 2026. The report distinctly indicates that rising adoption of self-medication practices and effective home remedies is restraining the market's overall growth.

Request a Sample Report with Table of Contents: http://www.futuremarketinsights.com/reports/sample/rep-gb-1292

In the report, titled "Cold, Cough and Sore Throat Remedies Market: Global Industry Analysis and Opportunity Assessment, 2016-2026," affordability of OTC drugs, rising economic burden of respiratory diseases, availability of medications in variable dosages, and fast & instant relief delivered through such cold, cough & sore throat remedies are driving the market's growth. Nevertheless, the demand for cold, cough & sore throat remedies is less likely to soar at a healthy rate.

Product Recalls & Low Entry of New Players Impacting the Market's Growth 

Firstly, the global cold, cough & sore throat remedies market is projected to witness umpteen product recalls. Global leaders in pharmaceuticals industry such as Novartis AG, Pfizer Inc., Bayer AG, GlaxoSmithKline plc., and Reckitt Benckiser Group plc are key players in the global market for cold, cough & sore throat remedies. Despite, there are several newly-launched products that have been recalled after FDA's censure. Besides, even consumer goods behemoths such as Procter & Gamble Co. and Johnson & Johnson Services Inc. are partaking in the market's growth. This has resulted in a lowering entry of emerging drug makers, which has further distorted the market's growth. Other leading manufacturers of cold, cough & sore throat remedies include AstraZeneca plc, Prestige Brands Inc., and Sun Pharmaceutical Industries Ltd.

Preview Analysis on Cold, Cough And Sore Throat Remedies Market Segmentation By Distribution Channel - Hospital Pharmacies, Retail Pharmacies, Drug Stores, Supermarket/ Hypermarkets, E-Commerce/ Online Pharmacies; By Dosage Type - Oral Syrup, Tablets/Pills, Lozenges, Nasal Drops, Others; By Drug Type - Antihistamines, Expectorants, Bronchodilators, Decongestants, Antibiotics, Others: http://www.futuremarketinsights.com/reports/cold-cough-sore-throat-remedies-market

The report highlights how Asia-Pacific excluding Japan (APEJ) region will remain the largest market for cold, cough & sore throat remedies. The region's proximity to environmental pollution makes its residents more prone to respiratory diseases. With over 30% stake in global revenues, the APEJ cold, cough & sore throat remedies market will global dominate through 2026. North America and Europe will also remain at the forefront, by collectively accounting for nearly half of the global revenues throughout the forecast period.

Speak with Analysis on any Report Related Queries: http://www.futuremarketinsights.com/askus/rep-gb-1292

The report further reveals that in 2017 and beyond, the demand for antihistamine drugs, expectorants and decongestants will remain considerably high as these revenues from sales of these drugs will showcase growth at more than 3% CAGR. Tablets or pills and nasal drops will also dominate as dosage types, accounting for over 40% share of market value through 2026. The report also predicts retail pharmacies & drug stores as the largest distribution channels for cold, cough & sore throat remedies. Together, these channels will bring in nearly US$ 30 Bn by the end of 2026.

More from FMI's Cutting-edge Intelligence: 

  • Paediatric Vaccine Market Segmentation By Technology - Live Or Attenuated Vaccine, Inactivated Or Killed Vaccine, Toxoid Vaccine, Conjugate Vaccine and Subunit Vaccine; By Indication - Pneumococcal Conjugate Vaccine, DTP Vaccine, Influenza, Meningococcal Vaccine, Polio Vaccine, Rotavirus Vaccine, MMR Vaccine and Varicella Virus Vaccine; By End User - Hospital Pharmacies, Retail Pharmacies and Institutional Health Centres; By Vaccine Type - Monovalent Vaccines and Multivalent Vaccines: http://www.futuremarketinsights.com/reports/pediatric-vaccines-market
  • Proteinase K Market Segmentation By Form - Lyophilized Powder Form and Liquid Form; By Application - Isolation & Purification Of Genomic DNA & RNA, In Situ Hybridization, Mitochondria Isolation and Enzyme Removal; By End User - Contract Research, Organization, Academic Institutes, Biotechnology, Companies and Diagnostic Laboratories: http://www.futuremarketinsights.com/reports/proteinase-k-market
  • Pharmacy Automation Systems Market Segmentation By Product - Medication Dispensing Cabinets, Packaging and Labelling System, IV Pharmacy, Robotic Dispensing System, Carousel Storage Systems and Tablet Splitters; By Application - Drug Dispensing & Packaging, Drug Storage and Inventory Management; By End-User - Hospital Pharmacies, Clinic Pharmacies, Retail Pharmacies, Mail Order Pharmacies and Pharmaceutical SMEs: http://www.futuremarketinsights.com/reports/global-pharmacy-automation-system-market

About Us 

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Browse More Healthcare, Pharmaceuticals and Medical devices Market Insights

Contact Us 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): +44-(0)-20-7692-8790 Sales: sales@futuremarketinsights.com Press Office: Press@futuremrketinsights.com

Website: http://www.futuremarketinsights.com

SOURCE Future Market Insights



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor
Advertisement

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook