The global cough medicine market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Tobacco use, postnasal drip, asthma, and gastroesophageal reflux disease (GERD) are the most common causes of cough. The major factor for the growth of the market during the forecast period is the increase in the number geriatric population more prone to cough and cold. Additionally, the increasing pollution coupled with the increasing development of R&D activities.
Furthermore, the market is also growing due to the ongoing COVID-19 pandemic. Due to COVID-19 pandemic, there is a surge in the demand for cough medicine as the common cold, cough being the major symptom of the virus. Moreover, the market is also growing owing to new product launches. For instance, in September 2021, Sun Pharmaceutical Industries Ltd. announced the launch of Chericof 12 (Dextromethorphan Hydrobromide 30 mg and Chlorpheniramine Maleate 4 mg). It is a novel formulation in cough management and was launched in India. Hence, the rising demand for cough medicine and new product launches is driving the growth of the market.
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Some major players in the market include AstraZeneca plc, GlaxoSmithKline plc, and Novartis International AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in October 2020, GSK Consumer Healthcare announced the launch of Robitussin Naturals. It is the brand’s first-ever line of drug-free products that provide relief from the occasional cough.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Product Type
- By Age Group
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– AstraZeneca plc, GlaxoSmithKline plc, and Novartis International AG, among others.
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Global Cough Medicine Market Report by Segment
By Product Type
- Expectorants
- Antihistamines
- Decongestants
- Antibiotics
By Age Group
- Pediatric
- Adult
By Distribution Channel
- Retail Pharmacy
- Hospital Pharmacy
- Online Pharmacy
Global Cough Medicine Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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