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Consumer Healthcare Market worth $548.31 billion by 2030, growing at a CAGR of 7.38% - Exclusive Report by 360iResearch

03-18-2024 01:46 PM CET | Health & Medicine

Press release from: 360iResearch

Consumer Healthcare Market | 360iResearch

Consumer Healthcare Market | 360iResearch

The "Consumer Healthcare Market by Product (Dietary Supplements, OTC Pharmaceuticals), Distribution (Departmental Stores, Independent Retailers, Pharmacies or Drugstores) - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Consumer Healthcare Market to grow from USD 333.03 billion in 2023 to USD 548.31 billion by 2030, at a CAGR of 7.38%.

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Consumer healthcare covers any oral care, nutritional care, skin care, or other cosmetic or healthcare product or device which is available to individuals with and without a prescription. Healthcare products under this branch of healthcare are produced using random samples and personalized healthcare assessments focusing on understanding and treating the deep-rooted cases of a common skin and body condition. Consumer healthcare products are exclusively available through online retailers, enabling consumers to take control of their health with a solution delivered right to their front door. The rising inclination of consumers towards self-medication products, with the availability of private-label healthcare products, elevates the consumer healthcare market development. However, the increased accessibility to counterfeit products and misuse of consumer healthcare products severely impede their adoption among new users. The awareness of the safety of preventative and wellness products, driven by testing and approval from global healthcare authorities, is creating the potential for the further expansion of the consumer healthcare market.

The Asia-Pacific portrays a highly growing potential in the consumer health market, driven by the presence of local conglomerates and domestic consumer packaged goods (CPG) companies with stronger and deeper penetration and geographical footprint. The Asia-Pacific and Middle East & Africa are major sources of raw materials, such as ginkgo biloba and Arabian spice blends, and an inspiration for new product lines, such as herbal tonics and drinks based on traditional Chinese and Turkish medicine (TCM). The American and European region is home to well-established global companies focused on building an innovative portfolio of trusted personal health products that use cutting-edge science and technology. Availability of products through various eCommerce channels and increasing demand for premium consumer healthcare products, both imported and domestic, are driving the popularity of consumer health products in emerging countries of Asia and the Middle East.

Market Segmentation & Coverage:

This research report categorizes the Consumer Healthcare Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Dietary Supplements and OTC Pharmaceuticals. The OTC Pharmaceuticals is projected to witness significant market share during forecast period.

Based on Distribution, market is studied across Departmental Stores, Independent Retailers, Pharmacies or Drugstores, Specialist Retailers, and Supermarkets or Hypermarkets. The Independent Retailers is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Consumer Healthcare Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Consumer Healthcare Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Consumer Healthcare Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories Inc., Alembic Pharmaceuticals Ltd., Alkem Laboratories Limited, AMCO Proteins, American Health Inc., Amway Corporation by Alticor corporation, Axtria Inc., BASF SE, Bayer AG, Bionova Lifesciences by Pragati Biocare Pvt. Ltd., Boehringer Ingelheim International GmbH, Cipla, Inc., Dr. Reddy's Laboratories, Eli Lilly and Company, Endo Pharmaceuticals PLC by DuPont de Nemours, Inc., Gemini Pharmaceuticals Inc., Glanbia PLC, GlaxoSmithKline PLC, Glenmark Pharmaceuticals Ltd., Henin Lukinz Pvt. Ltd., Herbalife Ltd., Hetero Drugs Ltd., Himalaya Wellness Company, Iovate Health Sciences International Inc., Ipsen S.A., Johnson & Johnson Services, Inc., Koninklijke DSM N.V., Lonza Group Ltd., Lupin Limited, Mankind Pharma, MusclePharm Corporation, Mylan Pharmaceuticals Pvt. Ltd. by Viatris, Nature's Bounty, Inc. by Nestlé S.A., Novartis AG, Omega Protein Corporation, Pfizer Inc., Piramal Group, Procter & Gamble Company, PureTek Corporation, QuestNutrition, Reckitt Benckiser Group PLC, Sanofi S.A., Sun Pharmaceutical Industries Limited, Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Ventus Pharmaceuticals Private Limited, and Zoic Biotech Private Limited.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Consumer Healthcare Market, by Product
7. Consumer Healthcare Market, by Distribution
8. Americas Consumer Healthcare Market
9. Asia-Pacific Consumer Healthcare Market
10. Europe, Middle East & Africa Consumer Healthcare Market
11. Competitive Landscape
12. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Consumer Healthcare Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Consumer Healthcare Market?
3. What is the competitive strategic window for opportunities in the Consumer Healthcare Market?
4. What are the technology trends and regulatory frameworks in the Consumer Healthcare Market?
5. What is the market share of the leading vendors in the Consumer Healthcare Market?
6. What modes and strategic moves are considered suitable for entering the Consumer Healthcare Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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