Cough Syrup Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Cough Syrup Market size was valued at $5,232.73 million in 2019, and is projected to reach $6,108.25 million by 2027, registering a CAGR of 2% from 2021 to 2027. 

Cough syrup is a combination medication used to provide temporary relief from coughs, colds, hay fever, and other respiratory allergies. It is manufactured using non-opioid cough suppressant, expectorant, and antihistamine compounds to block symptoms. Suppressants help relieve symptoms of dry cough by minimizing cough reflex activity and reducing the urge to cough. Expectorants can help treat cough with phlegm. Antihistamines are used to relieve cough caused by mild throat or airway irritation. Cough syrup is usually prescribed by a doctor or is available over the counter (OTC) in a variety of flavors, such as cherry, orange, honey, and bubblegum at drugstores.

Market Segments

By Product Type:

• Expectorants 
• Cough Suppressants/Antitussives
• CombinationMedications
   

By Age Group:

• Pediatric
• Adult

Key Players

• Pfizer, Inc. (U.S.)
• Novartis AG (Switzerland)
• Merck KGaA (U.S.)
• Johnson and Johnson Services, Inc. (U.S.)
• GlaxoSmithKline PLC (U.K.)
• Acella Pharmaceuticals, LLC (U.S.)
• Procter and Gamble (U.S.)
• Reckitt Benckiser Group PLC (U.K.)
• Abbott (U.S.)

Scope of the Report

The research study analyzes the global Cough Syrup industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Cough Syrup Market Report

1. What was the Cough Syrup Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Cough Syrup Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cough Syrup Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.