Press release
Explore Why Cough Syrup Market Size 2022 Is Thriving Worldwide by 2031?
According to the report published by Allied Market Research, Global Cough Syrup Market Size Was Valued at USD 5.23 billion in 2019, and is Projected to Garner USD 9.0 billion by 2031, witnessing a CAGR of 11.0% from 2022 to 2031.The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.Cough syrup is used to treat coughs that occur when someone has an upper respiratory tract infection (URTI). Furthermore, coughing can be a symptom of other conditions, such as asthma or lung disease. Cough syrups are often divided into dry cough and chest cough.
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Global Cough Syrup Market Segmentation -
The global cough syrup market is analyzed across product type, age group, distribution channel, and region. Based on product type, the cough suppressant segment contributed to more than half of the total market share in 2019, and is estimated to dominate during the forecast period. At the same time, the combination medication segment is expected to manifest the fastest CAGR of 3.8% from 2020 to 2027.
By Age Group
• Pediatric
• Adult
By Product Types
• Expectorants
• Cough Suppressants/Antitussives
• Combination Medications
By Distribution Channel
• Retail Pharmacy
• Hospital Pharmacy
• Online Pharmacy
Asia-Pacific garnered the major share in 2019, generating nearly two-fifths of the global market. Simultaneously, the market across LAMEA would showcase the fastest CAGR of 3.9% from 2020 to 2027.The other two regions covered the report include Europe and North America.
Top Key Players of Cough Syrup Market: -
• Pfizer, Inc.
• Merck KGaA
• Abbott Laboratories
• Novartis AG
• GlaxoSmithKline PLC
• Sanofi
• Johnson & Johnson Services, Inc.
• Acella Pharmaceuticals, LLC
• Reckitt Benckiser Group PLC
• Procter & Gamble
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in the coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?
By Region Outlook
North America
⦁ U.S.
⦁ Canada
⦁ Mexico
Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific
LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA
This comprehensive report will provide:
• Enhance your strategic decision making
• Assist with your research, presentations and business plans
• Show which emerging market opportunities to focus on
• Increase your industry knowledge
• Strengthen your analysis of competitors
• Provide risk analysis, helping you avoid the pitfalls other companies could make
• Keep you up-to-date with crucial market developments
• Allow you to develop informed growth strategies
• Build your technical insight
• Illustrate trends to exploit
• Ultimately, help you to maximize profitability for your company.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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