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Cough Syrup Market

Global Cough Syrup Market Size, Analysis, Research Report, Forecast: By Product Type: Expectorants, Cough Suppressants, Combination Medications, Others; By Population Type: Pediatric, Adults; By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Channel, Others; Regional Analysis; Supplier Landscape; 2024-2032

Global Cough Syrup Market Outlook

The global cough syrup market size attained a value of about USD 6,222.00 million in 2023, driven by increasing cases of respiratory disorders, rising geriatric population, increased investments in R&D and innovations like new flavours for newborns, are aiding the market growth. The market is further expected to grow at a CAGR of 3.8% during the forecast period of 2024-2032 to reach nearly USD 8,703.75 million by 2032.

 

Global Cough Syrup Market

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The Asia Pacific and the Latin America Region to Propel the Market Growth of Cough Syrup

Due to easier availability of cough syrups at retail pharmacies, a rise in the geriatric population, and less stringent laws regarding the abuse of cough and cold medicines in the region, the Asia Pacific accounted for a significant market share in 2019, based on revenue, and is expected to maintain its significance during the forecast period as well.

 

However, because governments are investing in the development of healthcare infrastructure and as the number of instances of respiratory illnesses rises, LAMEA is predicted to have a substantial CAGR throughout the forecast period. Cough syrup industry growth is likely to be aided by the high market potential in unexplored emerging markets.

 

Cough Syrup: Market Segmentation

Cough syrups have been used since ancient times to provide temporary relief to people suffering from sneezing, coughing, and runny noses, which are typically caused by a cold, a high temperature, or allergies. Cough syrups are prescribed by doctors and can be used by both adults and children. Cough syrups contain anti-allergic and mucolytic medicines, which give speedier relief from cough-related difficulties. It often inhibits the heavy mucus layer, allowing the patient to breathe normally and comfortably.

 

Global Cough Syrup Market by Segment

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Market Breakup by Product Type

  • Expectorants
  • Cough Suppressants
  • Combination Medications
  • Others

 

Market Breakup by Population Type

  • Paediatric
  • Adults

 

Market Breakup by Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Channel
  • Public Channel

 

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

The Increasing Demand for Smokeless Tobacco to Aid the Market Growth of Cough Syrup

The global demand for cough syrup is steadily rising, owing to a growth in the number of people suffering from chronic and acute respiratory disorders, such as asthma. In addition, the demand for cough syrup in the worldwide market is driven by the proportion of the geriatric population who are mostly suffering from chest-related issues. The simple availability of products in clinics is another element contributing to cough syrup's growing market share in the worldwide market. During the forecast period, the expanding research and development in the cough syrup industry are expected to create numerous growth chances in the worldwide market. In addition, cough syrup innovation in terms of flavour for newborns gives potential in the worldwide cough syrup industry. The growing public awareness also lays the groundwork for future global commercial potential.

 

Global Cough Syrup Market by Region

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Key Players in the Global Cough Syrup Market

The report gives a detailed analysis of the following key players in the global cough syrup market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

 

  • Acella Pharmaceuticals LLC
  • Bayer AG
  • GlaxoSmithKline PLC
  • Johnson & Johnson
  • Pfizer Inc.
  • Prestige Consumer Healthcare Inc.
  • Reckitt Benckiser Group PLC
  • Sanofi
  • Sun Pharmaceutical Industries Limited
  • The Procter & Gamble Company

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Population Type
  • Distribution Channel
  • Region
Breakup by Product Type
  • Expectorants
  • Cough Suppressants
  • Combination Medications
  • Others
Breakup by Population Type
  • Paediatric
  • Adult
Breakup by Distribution Channel
  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Channel
  • Public Channel
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT analysis
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
  • Industry Events, Initiatives, and Trends
  • Value Chain Analysis
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Acella Pharmaceuticals LLC
  • Bayer AG
  • GlaxoSmithKline PLC
  • Johnson & Johnson
  • Pfizer Inc.
  • Prestige Consumer Healthcare Inc.
  • Reckitt Benckiser Group PLC
  • Sanofi
  • Sun Pharmaceutical Industries Limited
  • The Procter & Gamble Company
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key Assumptions 
    1.3    Report Coverage – Key Segmentation and Scope  
    1.4    Research Methodology
2    Executive Summary
3    Global Cough Syrup Market Overview 

    3.1    Global Cough Syrup Market Historical Value (2017-2023) 
    3.2    Global Cough Syrup Market Forecast Value (2024-2032)
4    Global Cough Syrup Market Landscape
    4.1    Global Cough Syrup Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Global Cough Syrup Product Landscape
        4.2.1    Analysis by Product Type
        4.2.2    Analysis by Drug Type 
        4.2.3    Analysis by Population type
        4.2.4    Analysis by Therapy Type
        4.2.5    Analysis by Distribution Channel
5    Global Cough Syrup Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model 
    5.4    Key Demand Indicators
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends 
    5.7    Value Chain Analysis
6    Global Cough Syrup Market Segmentation
    6.1    Global Cough Syrup Market by Product Type
        6.1.1    Market Overview
        6.1.2    Expectorants
        6.1.3    Cough Suppressants
        6.1.4    Combination Medications
        6.1.5    Others
    6.2    Global Cough Syrup Market by Population Type
        6.2.1    Market Overview
        6.2.2    Pediatric
        6.2.3    Adults
    6.3    Global Cough Syrup Market by Distribution Channel
        6.3.1    Market Overview
        6.3.2    Hospital Pharmacy
        6.3.3    Retail Pharmacy
        6.3.4    Online Channel
        6.3.5    Public Channel
    6.4    Global Cough Syrup Market by Region
        6.4.1    Market Overview
        6.4.2    North America 
        6.4.3    Europe
        6.4.4    Asia Pacific
        6.4.5    Latin America
        6.4.6    Middle East and Africa
7    North America Cough Syrup Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Cough Syrup Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Cough Syrup Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Cough Syrup Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Cough Syrup Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Patent Analysis
    12.1    Analysis by Type of Patent
    12.2    Analysis by Publication Year
    12.3    Analysis by Issuing Authority
    12.4    Analysis by Patent Age
    12.5    Analysis by CPC Analysis
    12.6    Analysis by Patent Valuation 
    12.7    Analysis by Key Players
13    Grants Analysis
    13.1    Analysis by year
    13.2    Analysis by Amount Awarded
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Grant Application
    13.5    Analysis by Funding Institute
    13.6    Analysis by NIH Departments
    13.7    Analysis by Recipient Organization 
14    Funding Analysis
    14.1    Analysis by Funding Instances
    14.2    Analysis by Type of Funding
    14.3    Analysis by Funding Amount
    14.4    Analysis by Leading Players
    14.5    Analysis by Leading Investors
    14.6    Analysis by Geography
15    Partnership and Collaborations Analysis
    15.1    Analysis by Partnership Instances
    15.2    Analysis by Type of Partnership
    15.3    Analysis by Leading Players
    15.4    Analysis by Geography
16    Regulatory Framework
    16.1    Regulatory Overview
        16.1.1    US FDA
        16.1.2    EU EMA
        16.1.3    INDIA CDSCO
        16.1.4    JAPAN PMDA
        16.1.5    Others
17    Supplier Landscape
    17.1    Acella Pharmaceuticals LLC
        17.1.1    Financial Analysis
        17.1.2    Product Portfolio
        17.1.3    Demographic Reach and Achievements
        17.1.4    Mergers and Acquisitions
        17.1.5    Certifications
    17.2    Bayer AG
        17.2.1    Financial Analysis
        17.2.2    Product Portfolio
        17.2.3    Demographic Reach and Achievements
        17.2.4    Mergers and Acquisitions
        17.2.5    Certifications
    17.3    GlaxoSmithKline PLC
        17.3.1    Financial Analysis
        17.3.2    Product Portfolio
        17.3.3    Demographic Reach and Achievements
        17.3.4    Mergers and Acquisitions
        17.3.5    Certifications
    17.4    Johnson & Johnson
        17.4.1    Financial Analysis
        17.4.2    Product Portfolio
        17.4.3    Demographic Reach and Achievements
        17.4.4    Mergers and Acquisitions
        17.4.5    Certifications
    17.5    Pfizer Inc.
        17.5.1    Financial Analysis
        17.5.2    Product Portfolio
        17.5.3    Demographic Reach and Achievements
        17.5.4    Mergers and Acquisitions
        17.5.5    Certifications
    17.6    Prestige Consumer Healthcare Inc.
        17.6.1    Financial Analysis
        17.6.2    Product Portfolio
        17.6.3    Demographic Reach and Achievements
        17.6.4    Mergers and Acquisitions
        17.6.5    Certifications
    17.7    Reckitt Benckiser Group PLC
        17.7.1    Financial Analysis
        17.7.2    Product Portfolio
        17.7.3    Demographic Reach and Achievements
        17.7.4    Mergers and Acquisitions
        17.7.5    Certifications
    17.8    Sanofi
        17.8.1    Financial Analysis
        17.8.2    Product Portfolio
        17.8.3    Demographic Reach and Achievements
        17.8.4    Mergers and Acquisitions
        17.8.5    Certifications
    17.9    Sun Pharmaceutical Industries Limited
        17.9.1    Financial Analysis
        17.9.2    Product Portfolio
        17.9.3    Demographic Reach and Achievements
        17.9.4    Mergers and Acquisitions
        17.9.5    Certifications
    17.10    The Procter & Gamble Company
        17.10.1    Financial Analysis
        17.10.2    Product Portfolio
        17.10.3    Demographic Reach and Achievements
        17.10.4    Mergers and Acquisitions
        17.10.5    Certifications
18    Global Cough Syrup Market - Distribution Model (Additional Insight)
    18.1    Overview 
    18.2    Potential Distributors 
    18.3    Key Parameters for Distribution Partner Assessment 
19    Key Opinion Leaders (KOL) Insights (Additional Insight)
20    Company Competitiveness Analysis (Additional Insight)

    20.1    Very Small Companies
    20.2    Small Companies
    20.3    Mid-Sized Companies
    20.4    Large Companies
    20.5    Very Large Companies
21    Payment Methods (Additional Insight)
    21.1    Government Funded
    21.2    Private Insurance
    21.3    Out-of-Pocket


*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

In 2023, the global market for cough syrup attained a value of USD 6,222.00 million.

The market is anticipated to grow at a CAGR of 3.8% during the forecast period of 2024-2032 to reach a value of USD 8,703.75 million by 2032.

The major drivers of the industry, such as increasing cases of respiratory disorders, rising geriatric population, increased investments in R&D and innovations like new flavours for newborns, are aiding the market growth.

The key market trend guiding the growth of the industry includes growing government investment and healthcare infrastructure.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant product types in the market include expectorants, cough suppressants, and combination medications.

The different age groups in the market for cough syrup are paediatric and adult.

The leading distribution channels in the market are retail pharmacy, hospital pharmacy, and online pharmacy.

The major players in the industry are Sanofi, GlaxoSmithKline plc, Mankind Pharma Ltd., Novartis AG, and Reckitt Benckiser Group Plc, among others.

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