Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The rise in respiratory problems is driving the worldwide cough syrup industry forward. In addition, the growing elderly population and severe air pollution are propelling the industry growth. Cough syrup market expansion, on the other hand, is likely to be aided by the significant market potential in underdeveloped emerging nations. The easy availability of the product via various distribution channels, such as retail pharmacy, hospital pharmacy, and online pharmacy, is aiding the market growth. The market is further expected to enhance due to rising levels of pollution in the urban areas in developing countries over the forecast period.
The market is pushed by developments by global players, such as GlaxoSmithKline plc (NYSE: GSK), Sanofi (NASDAQ: SNY), and Merck KGaA (US). Merck KGaA (US) committed roughly USD 70 million in February 2019 to enhance its research and development operations in Billerica, Massachusetts, in order to provide novel clinical cough-related medicines. GSK Consumer Healthcare launched Robitussin Naturals, the first-ever range of drug-free products, in October 2020. These items are designed to help those who have a cough every now and then. Such developments in the industry are expected to boost market growth over the forecast period.
Market Analysis by Product Type, Age Group, Distribution Channel, and Region:
Key Findings of the Report:
Key Offerings of the Report:
Sanofi, GlaxoSmithKline plc, Mankind Pharma Ltd., Novartis AG, and Reckitt Benckiser Group Plc, among others, are the key players in the global cough syrup market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.