Press release
Cough Syrup Market Share: Overview: Current Trends And Future Aspect Analysis to 2027 | Acella Pharmaceuticals LLC, Bayer AG, GlaxoSmithKline PLC, Johnson & Johnson
According to the latest report by IMARC Group, titled "๐๐จ๐ฎ๐ ๐ก ๐๐ฒ๐ซ๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐," offers a comprehensive analysis of the industry, which comprises insights on the global smart parking market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.ย๐๐จ๐ฎ๐ ๐ก ๐๐ฒ๐ซ๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐:
The global cough syrup market size reached US$ 5.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7 Billion by 2027, exhibiting a growth rate (CAGR) of 4.4% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
๐๐จ๐ฎ๐ ๐ก ๐๐ฒ๐ซ๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐
Cough syrup refers to a combination drug that is used to provide temporary relief from cough, common cold, hay fever, and other respiratory allergies. It is manufactured using non-opioid cough suppressants, expectorants, and antihistamine compounds to block the symptoms. The suppressants help in alleviating the symptoms of dry cough by minimizing the activity of the cough reflex and reducing the urge to cough. The expectorants aid in treating cough with mucus by loosening it, thereby making it easier to expel from the body. The antihistamines are utilized to relieve cough caused by minor throat or airway irritation. Cough syrups are generally prescribed by doctors or are available over-the-counter (OTC) in pharmacy stores in a wide variety of flavors, including cherry, orange, honey, and bubblegum.
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Current Trends & Future Predictionsย
The elevating prevalence of upper respiratory tract infection (URTI) and other respiratory disorders across countries is among the key factors stimulating the cough syrup market. Furthermore, the inflating health consciousness among the masses and convenient product availability in pharmacies and general stores are also propelling the global market. Moreover, various innovations, including the development of cough syrups with minimal side effects, are acting as other significant growth-inducing factors. Besides this, manufacturers are developing variants fortified with natural herbs and ingredients with immunity-boosting effects, which is further fueling the market growth. Apart from this, the growing expenditure capacities of the consumers and the expanding pharmaceutical industry are expected to positively influence the cough syrup market in the coming years.
Key Players in Cough Syrup Marketย
โข Acella Pharmaceuticals LLC
โข Bayer AG (OTCMKTS: BAYRY)
โข GlaxoSmithKline PLC
โข Johnson & Johnson (NYSE: JNJ)
โข Pfizer Inc.
โข Prestige Consumer Healthcare Inc.
โข Reckitt Benckiser Group PLC
โข Sanofi
โข Sun Pharmaceutical Industries Limited (NSE: SUNPHARMA)
โข The Procter & Gamble Company (NYSE: PG)
Market Segmentation of the Cough Syrup Marketย
The report has segmented the global cough syrup market on the basis of product type, age group, distribution channel and region.
Based on Product Type:
โข Expectorants
โข Cough Suppressants/Antitussives
โข Combination Medications
Based on Age Group:
โข Pediatric
โข Adult
Based on Distribution Channel:
โข Retail Pharmacy
โข Hospital Pharmacy
โข Online Pharmacy
Geographical Analysis:
โข North America: (United States, Canada)
โข Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
โข Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โข Latin America: (Brazil, Mexico, Others)
โข Middle East and Africa
Explore Full Report Description At: https://www.imarcgroup.com/cough-syrup-market
Key Highlights of the Report:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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