OTC Consumer Health Products Market Overview
OTC (over-the-counter) shopper health products are products that may be consumed by a private with none prescription. Further, these health are safe & reliable and are accessible for the final population. a private only has to follow the instruction written over the several product packaging for higher and effective results. These unlisted shopper health products include oral health care products, nutrition, skincare products, and different wellness products.
Consumers are increasingly answerable of their decisions as they begin to recognize the higher outcomes that come with it, they pay a lot of due , and that they have variety of choices burning by innovation within the business. The parcel of land is gaining clarity, as payers and providers vie with one another at every consumer journey stage, from initial engagement to education, to in progress dialogue. Cipla Health increased the dimensions its consumer health product portfolio by launching pipeline product in child nutrition, gastrointestinal, pain and analgesic, cough and cold, and nutritional supplements.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Product Type, Distribution Channel, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | SunPharmaceuticalstd., AbbottLaboratories, GlaxosmithKline plc , PfizerInc., Johnson & Johnson, Piramal Enterprises Ltd., Ipsen,SanofiS.A., BayerAG, AmericanHealth, Boehringer Ingelheim, Novartis, PGThealthcare, TakedaandGlenmark Pharmaceuticals Ltd. |
The covid-19 Impact on OTC Consumer Health Products Market:
Whereas, the chemicals and accouterments sectors were relatively affected during the pandemic. This is primarily due to uncut demand for chemicals for healthcare, life wisdom, and drawing agents. However, other elements of chemical and material sectors such as types of paints, industrial oil, construction materials are facing reduction in demand. Strict lockdown reflected in a nearly 50-60% reduction in force for raw supply and availability, which directly affected the manufacturing process. Further, halt on numerous end-use diligence directly affected the chemical demand each around the world.
OTC Consumer Health Products Market Segment Overview
By Product Type, cough cold & allergy remedies phase lead the otc consumer health products and accounted for the market share of 35th in 2017 due to increasing awareness among the population using the potential edges of mistreatment the otc drugs. Analgesics are the second largest otc consumer health product market followed by sleep aids and emergency birth control. Nutrition, oral healthcare and digestive remedies are the fastest growing segments owing to widespread reaching of social media and athletics inclination from the pharmaceutical industries to convert their allergy from Rx to otc class.
By Distribution Channel,The offline stores are becoming largest share in forecast period owing to increase healthcare infrastructure thorough out the world.
Market Analysis, Insights and Forecast – By Product Type
· Nutrition
· Oral Healthcare
· Skin Health
· Vitamins & Dietary Supplements
· Herbal & Traditional Products
· Wound Care
· Digestive Remedies
· Sleep Aids
· Emergency Contraception
· Cough Cold & Allergy Remedies
· Analgesics
· Dermatological
· Eye Care
· Smoking Cessation Aids
Market Analysis, Insights and Forecast – By Distribution Channel
- Online Stores
- Offline Stores
- Departmental Stores
- Pharmacy Stores
- Others
OTC Consumer Health Products Market Regional Overview
Region-wise, in terms of regions , Furthermore, North America is that the largest market of otc consumer health product. High income of the customers and high expenditure on health care product area unit a number of the key factors that area unit pictured to bolster the expansion of North America over-the-counter shopper health product market throughout the forecast period. in addition, U.S. is that the dominating market of over-the-counter shopper health product in North America region.Europe region is anticipated to witness satisfactory growth throughout the forecast amount. This growth in Europe over-the-counter consumer health product market is attributed to growing awareness concerning way diseases and increasing self-medication trends in these regions.
OTC Consumer Health Products-market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
OTC Consumer Health Products Market Competitor overview
Some key developments and strategies adopted by manufacturers in the OTC Consumer Health Products are highlighted below.
· In 2017, Ipsen sa acquired a portfolio of 5 consumer products from Sanofi S.A., aiming to expand its over-the-counter client consumer portfolio offerings.
OTC Consumer Health Products Market, Key Players -
· Sun Pharmaceuticals Ltd.
· Abbott Laboratories
· GlaxosmithKline plc
· Pfizer Inc.
· Johnson & Johnson
· Piramal Enterprises Ltd.
· Ipsen
· Sanofi S.A.
· Bayer AG
· American Health
· Boehringer Ingelheim
· Novartis
· PGT healthcare
· Takeda and Glenmark Pharmaceuticals Ltd.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the OTC Consumer Health Products market during the forecast period?
OTC Consumer Health Products market is expected to record a CAGR of ~ 3 % during the forecast period
Q2. Which segment is projected to hold the largest share in the OTC Consumer Health Products Market?
Cough cold and allergy remedies segment is projected to hold the largest share in the OTC Consumer Health Products Market
Q3. What are the driving factors for the OTC Consumer Health Products market?
Increasing allergy awarness and rising healathcare infrastuture within offlne these are main factors driving the growth of automotive lighting market
Q4. Which Segments are covered in the OTC Consumer Health Products market report?
Product Type , Distribution Channel and Region, these segments are covered in the OTC Consumer Health Products market report
Q5. Which are the prominent players offering Fuel Dispenser?
Sun Pharmaceuticals Ltd.,Abbott Laboratories,GlaxosmithKline plc ,Pfizer Inc.,Johnson & Johnson,Piramal Enterprises Ltd.,Ipsen,Sanofi S.A.,Bayer AG,American Health,Boehringer Ingelheim,Novartis,PGT healthcare,Takeda and Glenmark Pharmaceuticals Ltd.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global OTC Consumer Health Products Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Nutrition
- 5.2.2. Oral Healthcare
- 5.2.3. Skin Health
- 5.2.4. Vitamins & Dietary Supplements
- 5.2.5. Cough Cold & Allergy Remedies
- 5.2.6. Analgesics
- 5.2.7. Dermatological
- 5.2.8. Eye Care
- 5.2.9. Smoking Cessation Aids
- 5.2.10. Herbal & Traditional Products
- 5.2.11. Wound Care
- 5.2.12. Digestive Remedies
- 5.2.13. Sleep Aids
- 5.2.14. Emergency Contraception
- 5.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.3.1. •Online Stores
- 5.3.2. •Offline Stores
- 5.3.2.1. •Departmental Stores
- 5.3.2.2. •Pharmacy Stores
- 5.3.3. •Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East, and Africa
6. North America OTC Consumer Health Products Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Nutrition
- 6.2.2. Oral Healthcare
- 6.2.3. Skin Health
- 6.2.4. Vitamins & Dietary Supplements
- 6.2.5. Cough Cold & Allergy Remedies
- 6.2.6. Analgesics
- 6.2.7. Dermatological
- 6.2.8. Eye Care
- 6.2.9. Smoking Cessation Aids
- 6.2.10. Herbal & Traditional Products
- 6.2.11. Wound Care
- 6.2.12. Digestive Remedies
- 6.2.13. Sleep Aids
- 6.2.14. Emergency Contraception
- 6.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.3.1. •Online Stores
- 6.3.2. •Offline Stores
- 6.3.2.1. •Departmental Stores
- 6.3.2.2. •Pharmacy Stores
- 6.3.3. •Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. UK
- 6.4.2. Germany
- 6.4.3. France
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Rest of Europe
7. Asia Pacific OTC Consumer Health Products Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Nutrition
- 7.2.2. Oral Healthcare
- 7.2.3. Skin Health
- 7.2.4. Vitamins & Dietary Supplements
- 7.2.5. Cough Cold & Allergy Remedies
- 7.2.6. Analgesics
- 7.2.7. Dermatological
- 7.2.8. Eye Care
- 7.2.9. Smoking Cessation Aids
- 7.2.10. Herbal & Traditional Products
- 7.2.11. Wound Care
- 7.2.12. Digestive Remedies
- 7.2.13. Sleep Aids
- 7.2.14. Emergency Contraception
- 7.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.3.1. •Online Stores
- 7.3.2. •Offline Stores
- 7.3.2.1. •Departmental Stores
- 7.3.2.2. •Pharmacy Stores
- 7.3.3. •Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. China
- 7.4.2. India
- 7.4.3. Japan
- 7.4.4. Australia
- 7.4.5. South East Asia
- 7.4.6. Rest of Asia Pacific
8. Latin America, Middle East, and Africa OTC Consumer Health Products Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Nutrition
- 8.2.2. Oral Healthcare
- 8.2.3. Skin Health
- 8.2.4. Vitamins & Dietary Supplements
- 8.2.5. Cough Cold & Allergy Remedies
- 8.2.6. Analgesics
- 8.2.7. Dermatological
- 8.2.8. Eye Care
- 8.2.9. Smoking Cessation Aids
- 8.2.10. Herbal & Traditional Products
- 8.2.11. Wound Care
- 8.2.12. Digestive Remedies
- 8.2.13. Sleep Aids
- 8.2.14. Emergency Contraception
- 8.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.3.1. •Online Stores
- 8.3.2. •Offline Stores
- 8.3.2.1. •Departmental Stores
- 8.3.2.2. •Pharmacy Stores
- 8.3.3. •Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. Brazil
- 8.4.2. Saudi Arabia
- 8.4.3. UAE
- 8.4.4. Rest of LAMEA
9. Competitive Analysis
- 9.1. Company Market Share Analysis, 2018
- 9.2. Key Industry Developments
- 9.3. Company Profile
- 9.4. Advanced Biopolymers AS
- 9.4.1. Business Overview
- 9.4.2. Segment 1 & Service Offering
- 9.4.3. Overall Revenue
- 9.4.4. Geographic Presence
- 9.4.5. Recent Development
- 9.5. •G.T.C. Bio Corporation
- 9.6. •Heppe Medical Chitosan GmbH
- 9.7. •Kitozyme
- 9.8. •Kunpoong Bio Co., Ltd.
- 9.9. •Kytosan® USA, LLC
- 9.10. •Meron Biopolymers
- 9.11. •Primex Ehf
- 9.12. •Zhejiang Candorly Pharmaceutical Co., Ltd.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
