Lucintel Forecasts The Global Cough Remedy Market To Reach $1 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global cough remedy market looks promising with opportunities in the retail pharmacy, hospital pharmacy, and online pharmacy markets. The global cough remedy market is expected to reach an estimated $1 billion by 2030 with a CAGR of 3.4% from 2024 to 2030. The major drivers for this market are surge in geriatric population, increasing awareness about cough remedies, and growing demand for over-the-counter (OTC) products.
A more than 150–page report is developed to understand Trends, opportunity and forecast in cough remedy market to 2030 by product type (expectorants, antihistamine, bronchodilator, decongestant, and antibiotic), age group (pediatric and adult), distribution channel (retail pharmacy, hospital pharmacy, and online pharmacy), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, expectorant, antihistamine, bronchodilator, decongestant, and antibiotic are the major segments of cough remedy market by product type. Lucintel forecasts that expectorant will remain the largest segment over the forecast period ...
... due to increasing incidences of respiratory diseases.
Within this market, hospital pharmacy will remain the largest segment due to rise in number of outpatients and inpatients preferring hospital pharmacy.
Download sample by clicking on cough remedy market
APAC is expected to witness highest growth over the forecast period due to rising geriatric population and growing healthcare awareness among people in the region.
Astrazeneca, Bayer, GlaxoSmithKline, Johnson & Johnson, Novartis, Pfizer, Prestige Brands, Procter & Gamble, Reckitt Benckiser, and Sun Pharmaceuticals Industries are the major suppliers in the cough remedy market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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