Press release
2025 Cough Remedies Market Outlook: Key Indicators Shaping Growth Through 2034
Cough Remedies
What Will the Cough Remedies Industry Market Size Be by 2025?
In recent times, the market size for cough remedies has observed a significant expansion. It is anticipated to rise from $11.06 billion in 2024 to $12.04 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.9%. The growth witnessed in the previous years can be credited to the surge in government spending on healthcare, enhanced knowledge about natural cough remedies, and the rise in vehicle emissions.
What's the Long-Term Growth Forecast for the Cough Remedies Market Size Through 2029?
The market for cough remedies is predicted to experience significant expansion in the upcoming years, culminating in a value of $16.76 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.6%. This projected growth during the estimated period can be associated with the increasing occurrence of respiratory ailments, a growing elderly population, novel developments in cough treatment, the high demand for over-the-counter products, escalating air pollution, and heightened awareness of self-care. The major trends anticipated for this forecast period encompass investments, corporate collaborations, and innovations in lozenge and candy.
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What Are the Key Growth Drivers Fueling the Cough Remedies Market Expansion?
The surge in respiratory ailments is anticipated to fuel the expansion of the cough remedies market. Respiratory illnesses include a wide array of conditions impacting the organs and tissues necessary for breathing and gas exchanging in air-dependent animals. Increasing exposure to environmental contaminants, densely packed living environments, and intensified vehicle smoke emissions contribute to the escalation of these diseases. Cough remedies, like expectorants, assist in thinning airway mucus, facilitating easier lung clearance through coughing. This process can alleviate pain and aid healing, particularly in patients with irritated airways or sore throats. For example, the American Lung Association, a volunteer health organization located in the US, stated in July 2024 that the proportion of the overall US population diagnosed with Asthma rose from 12.9% in 2021 to 13.5% in 2022. Consequently, the proliferation of respiratory diseases acts as a catalyst for the cough remedies market.
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What Are the Key Trends Driving Cough Remedies Market Growth?
Key players in the cough remedies market, such as herbal cough syrups manufacturers, are introducing innovative products to enhance their product lines and improve treatment methods. A herbal cough syrup is a type of cough relief product which uses natural plant-based ingredients, herbal extracts, botanicals, and other plant-derived components recognized for their soothing and expectorant effects. For example, a pharmaceutical company based in Uruguay, Megalabs, introduced Prospan, a herbal cough syrup, in January 2023. Prospan leverages EA575, an exclusive extract from the leaves of English Hedera helix or ivy leaf. This syrup, which is non-drowsy and free of sugar, can alleviate coughing, chest congestion, inflammation, and also aid in opening up the airways.
How Is the Cough Remedies Market Segmented?
The cough remedies market covered in this report is segmented -
1) By Product Type: Expectorants, Antihistamine, Bronchodilator, Decongestants, Antibiotics
2) By Dosage Form: Oral Syrup, Tablets Or Pills, Nasal Drop, Lozenges
3) By Age Group : Pediatric, Adult
4) By Distribution Channel: Retail Pharmacy, Hospital Pharmacy, Other Pharmacy
Subsegments:
1) By Expectorants: Guaifenesin-Based Products, Acetylcysteine-Based Products, Combination Expectorants
2) By Antihistamines: First-Generation Antihistamines, Second-Generation Antihistamines, Combination Products
3) By Bronchodilators: Beta-Agonists, Anticholinergics, Combination Bronchodilators
4) By Decongestants: Oral Decongestants, Nasal Sprays, Combination Products
5) By Antibiotics: Macrolides, Penicillins, Cephalosporins, Fluoroquinolones, Combination Antibiotics
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Which Companies Are Leading the Charge in Cough Remedies Market Innovation?
Major companies operating in the cough remedies market are Pfizer Inc., The Procter & Gamble Company (P&G), Johnson & Johnson Inc., Merck & Co. Inc., Bayer AG, Sanofi S.A., AstraZeneca Plc, Novartis AG, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, Reckitt Benckiser Group, Perrigo Lab India Private Limited, Prestige Brands Holdings Inc., Hyland's Inc., Boiron, Chattem Chemicals Inc., Tris Pharma Inc., Mayne Pharma Inc., Zarbee's Inc., Genexa Inc.
Which Regions Are Leading the Global Cough Remedies Market in Revenue?
North America was the largest region in the cough remedies market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cough remedies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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