Global Cough Syrup Market to Witness Notable Growth Owing to Increasing Geriatric Populace

According to the estimations put forth by Inkwood Research, the Global Cough Syrup Market is evaluated to project a CAGR of 2.87% in terms of revenue during the forecasting years of 2021-2028.

"Browse 40 Market Data Tables and 40 Figures spread over 186 Pages, along with an in-depth TOC on the Global Cough Syrup Market Forecast 2021-2028."

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Coughing is typically caused due to respiratory issues such as chronic obstructive pulmonary disease (COPD), asthma, pulmonary disease, lung cancer, and chronic lung infections. Cough syrups suppress and relax mucus in the airways, clear the congestion, and facilitate easy breathing. They also help ease allergic indications like runny nose, sneezing, throat irritation, and watery eyes. Furthermore, specific combination cough syrups alleviate coughs caused by common colds, breathing illnesses, and bronchitis.

Rising Geriatric Population to Propel Market Growth

Chronic cough is an emerging ailment across the older population, with an increased prevalence rate and clinical heterogeneity. Elderly patients aged 65 and over often suffer from numerous comorbidities, leading to high clinical heterogeneity in terms of chronic cough and also pose therapeutic and diagnostic challenges. In comparison to younger adults, elderly patients may also be diagnosed with added chronic cough issues linked to reflux, lung parenchymal disorders, or medications. Furthermore, asthma, upper airway disease, and gastroesophageal reflux disease (GERD) are among the most common conditions underlying chronic cough in the geriatric populace.

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Cough Suppressants/Antitussives Held the Greatest Market Share in 2020

Cough suppressants, also termed antitussives, block the cough reflex and make coughing less frequent. Dextromethorphan (DM) is a typical active ingredient found in cough suppressants. In addition, decongestants or antihistamines are also utilized in cough suppressants. Johnson & Johnson, GlaxoSmithKline PLC, Proctor & Gamble Co, etc., are some of the key companies providing cough syrups constituting cough suppressants. For instance, Johnson & Johnson distributes Benadryl Cough Syrup, used in treating cough.

Asia-Pacific to Lead and Dominate the Global Market by 2028

The Asia-Pacific harbors a significant, heterogeneous population. Their respiratory health is primarily influenced by various social, economic, as well as environmental factors. However, despite the variability, the commonly prevalent causes of respiratory mortality and morbidity entail and air pollution, tobacco smoking, and infection. The leading respiratory health problems in the Asia-Pacific are smoking‐related disorders, respiratory viruses such as influenza, air pollution, tuberculosis (TB), and occupational lung diseases.

Enterprises with undifferentiated products, in addition to larger product portfolios, generate increased competition in the global cough syrup market. Moreover, leading companies hold a robust geographical presence internationally and also offer a diverse product range. As a result, the industrial rivalry is expected to be intense in the global cough syrup market.

Some of the top firms operating in the market are GlaxoSmithKline PLC, Johnson & Johnson, Proctor & Gamble Co, etc.

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