The increase in prevalence of respiratory disorder is fueling cough syrup market

Cough syrup is a type of medicine used to relieve coughing caused by various factors such as allergies, colds, and flu. The cough syrup market has been witnessing a significant growth in recent years, driven by the increasing prevalence of respiratory diseases and the growing demand for over-the-counter (OTC) medicines. In this blog post, we will explore the trends, drivers, and challenges of the cough syrup market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 - https://www.alliedmarketresearch.com/request-sample/10677

•CAGR: 2.8%
• Current Market Size: USD 5.23 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2020- 2027
• Base Year: 2020

The global cough syrup market was valued at $5,232.73 million in 2019, and is projected to reach $6,108.25 million by 2027, registering a CAGR of 2.8% from 2020 to 2027.

𝐓𝐫𝐞𝐧𝐝𝐬
One of the major trends in the cough syrup market is the increasing adoption of natural and herbal cough syrups. The demand for natural and herbal products has been on the rise in recent years, driven by the growing awareness of the harmful effects of synthetic chemicals.

Many consumers prefer natural and herbal cough syrups as they are perceived to be safer and have fewer side effects.

Another trend in the cough syrup market is the increasing availability of OTC cough syrups. OTC medicines are medicines that can be purchased without a prescription from a healthcare professional. The availability of OTC cough syrups has made it easier for consumers to access cough relief, without the need for a visit to a doctor.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (240 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://www.alliedmarketresearch.com/cough-syrup-market/purchase-options

𝐃𝐫𝐢𝐯𝐞𝐫𝐬
The cough syrup market is being driven by several factors, including the increasing prevalence of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and pneumonia. These respiratory diseases can cause chronic coughing, which leads to an increased demand for cough syrups.

Another driver of the cough syrup market is the growing aging population. As people age, they are more susceptible to respiratory diseases, which can cause chronic coughing. The aging population has led to an increased demand for cough syrups, particularly among the elderly.

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲
• By product type, the combination medications segment is anticipated to grow with the highest CAGR over the forecast period.

• Depending on distribution channel, the retails pharmacy segment held the largest revenue share in 2019, and is expected to maintain its dominance from 2020-2027.

• Based on age group, the pediatric segment is expected to grow with a CAGR of 1.1% over the forecast period.

• Region-wise the Asia-Pacific cough syrup market is anticipated to experience 3.2% CAGR during the forecast period.

• The Mexico cough syrup market is anticipated to experience 3.4% CAGR from 2020 to 2027.

𝐃𝐨 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 - https://www.alliedmarketresearch.com/purchase-enquiry/10677

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 -
• Novartis AG
• Pfizer, Inc.
• Merck KGaA
• GlaxoSmithKline PLC
• Johnson & Johnson Services, Inc.
• Acella Pharmaceuticals, LLC
• Reckitt Benckiser Group PLC
• Sanofi
• Procter & Gamble
• Abbott Laboratories

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞- https://www.alliedmarketresearch.com/cough-syrup-market-A10312

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬-

𝐂𝐢𝐫𝐜𝐮𝐥𝐚𝐭𝐢𝐧𝐠 𝐓𝐮𝐦𝐨𝐫 𝐂𝐞𝐥𝐥 𝐌𝐚𝐫𝐤𝐞𝐭-https://www.alliedmarketresearch.com/circulating-tumor-cell-market-A11918

𝐍𝐚𝐬𝐚𝐥 𝐏𝐨𝐥𝐲𝐩𝐬 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.alliedmarketresearch.com/nasal-polyps-treatment-market-A13674

𝐆𝐥𝐨𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 -https://www.alliedmarketresearch.com/gloves-market-A08867

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