Cough And Cold Preparations Market 2023-2032: Latest Trends, Global Outlook, Recent Development And Major Players | Johnson & Johnson, GlaxoSmithKline plc, Procter & Gamble, Bayer AG, Reckitt Benckiser Group plc

As per The Business Research Company's Template Opportunities And Strategies Market Report 2023, The cold and cough preparations market reached a value of nearly $66,754.2 million in 2022, having grown at a compound annual growth rate (CAGR) of 8.6% since 2017. The market is expected to grow from $66,754.2 million in 2022 to $84,021.9 million in 2027 at a rate of 4.7%. The market is then expected to grow at a CAGR of 4.2% from 2027 and reach $103,384.5 million in 2032.

E-cigarettes, a substitute of direct tobacco smoking, are gaining popularity in the cough and cold preparations market. E-cigarette smoking/ vaping incurs risk of developing asthma among individuals as it contains nicotine extracts from tobacco. E-cigarettes which are also known as e-cigs, vaporizer cigarettes, and vape pens are electronic battery-operated devices that emit doses of vaporized nicotine, or non-nicotine solutions to provide a similar sensation of inhaling tobacco to the user. The usage of e-cigs has been increasing. For instance, in the USA, as of 2020, 19.6% of high school students and 4.7% of middle school students were reported using an e-cigarette. In 2022, 2.55 million U.S. middle and high school students used e-cigarettes in the past 30 days, including 3.3% (380,000) of middle school students and 14.1% (2.14 million) of high school students. The number of users of e-cigarettes is expected to increase further. Rising adoption of e-cigs will increase the number of asthma patients in the forecast period, which in turn is expected to drive the cough and cold preparations market during this period.

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Probiotics are gaining popularity in the market of cough and cold preparations for the treatment of patients with asthma, coughs and colds and other respiratory diseases. Probiotics can enhance the host immune system through the gut ecosystem and could be beneficial for the treatment of allergic diseases such as asthma. The immunological response of the body is enhanced by probiotics. In turn, that makes the body better equipped to fight off infections like the common cold. However, taking probiotics on a daily basis can reduce your risk of having a cold. Probiotics may also help lessen the severity and length of your cold symptoms if you do catch one. For example, in November 2020, Activated Probiotics, an Australia based company manufacturing premium probiotic products, announced that they are expanding their range and developing probiotic products for the treatment of asthma.

The top opportunities in the cold and cough preparations market segmented by drug type will arise in the bronchodilators segment, which will gain $5,223.0 million of global annual sales by 2027. The top opportunities in the cold and cough preparations market segmented by dosage type will arise in the tablets/pills segment, which will gain $8,435.9 million of global annual sales by 2027. The top opportunities in the cold and cough preparations market segmented by distribution channel will arise in the retail pharmacies and drug stores segment, which will gain $10,153.7 million of global annual sales by 2027. The cold and cough preparations market size will gain the most in USA at $6,810.2 million.

Cough And Cold Preparations Market Segmentation:
The Cough And Cold Preparations Market is segmented by drug type, by dosage type, and by distribution channel

By Drug Type -
The cough and cold preparations market is segmented by drug type into
a) Antihistamines
b) Expectorants
c) Bronchodilators
d) Decongestants
e) Antibiotics
f) Other Drug Types

By Dosage Type -
The cough and cold preparations market is segmented by dosage type into
a) Oral Syrups
b) Tablets/Pills
c) Nasal Drops
d) Lozenges
e) Other Dosage Types

By Distribution Channel -
The cough and cold preparations market is segmented by distribution channel into.
a) Hospital Pharmacies
b) Retail Pharmacies And Drug Stores
c) Other Distribution Channels

Major players in the Cough And Cold Preparations Market include Johnson & Johnson, GlaxoSmithKline plc, Procter & Gamble, Bayer AG, Reckitt Benckiser Group plc

The regions covered in the global Cough And Cold Preparations Market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Cough And Cold Preparations Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Cough And Cold Preparations Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
18. Competitive Landscape And Company Profiles
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. Cough And Cold Preparations Market, Conclusions And Recommendations
22. Appendix

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