Impact Analysis of Covid-19 On Cold, Cough, and Sore Throat Remedies Market Rapidly Develop | Reckitt Benckiser Group PLC, GlaxoSmithKline plc., Novartis AG

Increasing approval and launch of cold, cough, and sore throat remedies is expected to propel growth of the market. For instance, in October 2019, Roche received the U.S. FDA supplemental New Drug Application approval for Xofluza (baloxavir marboxil) for the treatment of acute, uncomplicated influenza, or flu, in people 12 years of age and older.

Introduction of favorable reimbursement policies is expected to offer lucrative growth opportunities for players in the market. For instance, in October 2019, Humana Inc. introduced an HMO plan in New Jersey that will offer an OTC quarterly allowance from Humana Pharmacy, including first-aid supplies, aspirin, and cold and allergy medicine.

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Moving a product from prescription to OTC presents an attractive opportunity for manufacturers. For instance, according to Consumer Healthcare Products Association, in the U.S., sales of OTC medicines reached US$ 35.2 billion in 2018, up from US$ 34.6 billion in 2017.

Emergence of new coronavirus is also expected to aid in growth of the market. For instance, in January 2020, China reported 2, 700 cases of new coronavirus with symptoms of common cold — runny nose, headache, fever, cough, sore throat, and a general ill feeling.

Top Key Players' Global Cold, Cough, and Sore Throat Remedies Market Competition: Reckitt Benckiser Group PLC, Johnson & Johnson Services, Inc., GlaxoSmithKline plc., Novartis AG, Bayer AG, AstraZeneca plc., Sun Pharmaceutical Industries Ltd., Pfizer Inc., Prestige Brands Holdings, Inc., and Procter & Gamble Co.

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The chapters covered in the research report are as follows:

Chapter 1, 2: Targets of the Global Cold, Cough, and Sore Throat Remedies Market, encompassing market introduction, product images, market summary, and development scope.

Chapter 3, Chapter 4: Global Market Competition, Sales Volume, and Market Profit by Manufacturer.

Chapters 5, 6, 7: Global Supply (Production), Consumption, Exports, Imports by Regions such as USA, Asia Pacific, China, India, Japan. From 2015 to 2024, we conduct regional market research based on regional sales rate and market share.

Chapters 8, 9, 10: Global Market Analysis by Application, Cost Analysis, Marketing Strategy Analysis, Distributor/Trader

Chapters 11, 12: Market Information and Research Conclusions, Appendix and Data Sources.

The market report also primarily identifies additional useful and useful information about the industry, including the Cold, Cough, and Sore Throat Remedies market development trends analysis, return on investment, and feasibility analysis. Additionally, SWOT analysis is distributed in the report to analyze the growth of key global market players in the Cold, Cough, and Sore Throat Remedies market industry.

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