Global OTC Consumer Health Products Market, 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), By Distribution Channel (Online Stores, Offline Stores (Departmental Stores, Pharmacy Stores), Others), and opportunities and forecast 2020-2027
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.
The covid-19 Impact on OTC Consumer Health Products Market:
|Market size available for years
|Base year considered
||Value (USD Million)
||Product Type, Distribution Channel, and Region
||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)
||SunPharmaceuticalstd., AbbottLaboratories, GlaxosmithKline plc , PfizerInc., Johnson & Johnson, Piramal Enterprises Ltd., Ipsen,SanofiS.A., BayerAG, AmericanHealth, Boehringer Ingelheim, Novartis, PGThealthcare, TakedaandGlenmark Pharmaceuticals Ltd.
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
· Oral Healthcare
· Skin Health
· Vitamins & Dietary Supplements
· Herbal & Traditional Products
· Wound Care
· Digestive Remedies
· Sleep Aids
· Emergency Contraception
· Cough Cold & Allergy Remedies
· Eye Care
· Smoking Cessation Aids
Market Analysis, Insights and Forecast – By Distribution Channel
OTC Consumer Health Products Market Regional Overview
- Online Stores
- Offline Stores
- Departmental Stores
- Pharmacy Stores
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.
· Sanofi S.A.
· Bayer AG
· American Health
· Boehringer Ingelheim
· 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?
A. 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?
A. 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?
A. 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?
A. 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?
A. 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.