Article -> Article Details
| Title | Cough Syrup Market Share, Size, Trends, Opportunities, Analysis and Forecast to 2032 |
|---|---|
| Category | Fitness Health --> Health Articles |
| Meta Keywords | Cough Syrup Market, Cough Syrup Market Size, Cough Syrup Market Industry, Global Cough Syrup Market, Cough Syrup Market Research, Cough Syrup Market Analysis |
| Owner | Vaibhav |
| Description | |
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The Cough
Syrup Market Share is expected to grow at a high CAGR of 3.60% during the
forecast 2032 in the global market to account for a higher market value of
approximately USD 6.7 Billion by the end of the forecasted period. Rising availability of
cough syrup over the counter is expected to drive the growth of the market in
the foreseeable future. The awareness about the availability of cough syrup is
also rising which is expected to influence revenue growth rate of the cough
syrup market positively. A rise in patient population is also anticipated over
the next couple of years. It is prognosticated to drive the growth of the cough
syrup market in the near future. Also, the growth of geriatric population is
projected to drive the expansion of the cough syrup market. The availability of the
medicine for different age groups is poised to influence the market greatly.
New products are expected to be launched due to flavor innovations. Also,
market players are focusing on investments in advertisement to gain edge over
each other. These factors are anticipated to catapult the cough syrup market on
upward trajectory. Increasing prevalence of respiratory problems is expected to
boost growth rate of the cough syrup market in the foreseeable future. However,
stringent regulations and product recalls are anticipated to check the growth
of the cough syrup market in the upcoming years. Cough
Syrup Market Outlook and Analysis by Product
Type (Combination {Dextromethorphan + Guaifenesin, Guaifenesin +
Pseudoephedrine and Brompheniramine, Pseudoephedrine} and Individual
{Dextromethorphan, Guaifenesin, Ambroxol and Codeine}), by Category (Cough
Suppressants and Expectorants), by Application (Adults and Children) and by
Region ( Americas, Europe, Asia-Pacific, Middle East & Africa) - Forecast
till 2032. Major Key
Players: Some of the Cough Syrup Market Players are Pfizer, Inc. (US), Merck KGaA (US), Novartis AG
(Switzerland), Johnson & Johnson Services, Inc. (US), Acella
Pharmaceuticals, LLC (US), GlaxoSmithKline PLC (UK), Procter & Gamble
(USAbbott (US), ), Reckitt Benckiser Group PLC (UK), and Sanofi (France). Segment Analysis On the basis of product
type, the cough syrup market has been divided into combination and individual.
The sub-segments of the combined segment are guaifenesin + pseudoephedrine,
dextromethorphan + guaifenesin, and brompheniramine + pseudoephedrine. The
sub-segments of the individual segment are dextromethorphan, ambroxol,
guaifenesin, and codeine. On the basis of category,
the cough syrup market has been segmented into cough suppressants and expectorants. On the basis of
application, the cough syrup market has been segmented into adults and
children. Regional Analysis The geographical evaluation of the global cough syrup market is included
with this report. It offers a detailed view of the market based on regions such
as Americas, Asia Pacific, the Middle East and Africa (MEA), and Europe.
Furthermore, a country-level assessment of these regions is also covered for
providing an impactful intelligence. Asia Pacific is a major market due to its
huge patient population. The region consolidates the two most populous
countries. Thus, it is projected to earn high revenues over the forecast
period. Rising respiratory issues in China and India are anticipated to drive
the growth of the cough syrup market. In addition, the growth of geriatric population
in Japan and China is also prognosticated to impact the cough syrup market
favorably. About Market Research
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