The world is rapidly changing and several rapidly growing markets are a proof of it. Post arrival of supermarkets and hypermarkets, and now with the e-commerce websites in place, many products are being sold directly to the customers. OTC consumer health products basically happen to be those products that have no excessive adverse effect and can be sold directly without any recommendation or prescription from a physician or medical experts. Several medications like paracetamol and ointments, are being sold over the counter, even at small shops and supermarkets. Not just these medicines and drugs, but types of supplements like whey proteins, amino acids and omega 3 capsules are a hot-selling property. Convenience of buying and easy availability is the reason behind success of the global OTC consumer health products market.

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The global OTC consumer health products market was highly successful in making more money in the second phase of the COVID-19 pandemic. Despite lockdown curbs, pharmacy stores and certain places that sold OTC health products were allowed to operate and this helped the market flourish. One of the major reasons why the global OTC consumer health products market is progressing is because of rapidly growing Catalog of OTC health products for consumers. Along with this, surging expense of healthcare mythologies is also providing impetus to this market’s growth. The growth of the global OTC consumer health products market is likely to face an obstacle in the form of rising concerns related to regulations on various products. Though many new pharma companies are manufacturing products keeping changing and strict regulations in mind.

On the other hand, the global OTC consumer health products market is forecasted to see humungous growth over the period of next couple of years is growing adoption of online procurement of OTC health products.

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By Medical Usage Areas, Vitamins & Minerals Segment will witness fastest growth for The Global OTC Consumer Health Products Market in 2022

Terrible lifestyle, which is due to lack of exercise and consumption of junk food, many people including youngsters are finding difficulties in fulfilling their nutritional needs and are suffering from various deficiencies. This is where vitamins & minerals supplement come into play. Along with being easily available and that too at affordable rates, many people are buying them in higher volumes.

Asia Pacific Region to witness fastest growth for this market Over the Forecast Period (2022 – 2030) in the Global OTC Consumer Health Products Market

The countries of China and India are undoubtedly the biggest marketplaces for majority of industries and this also remains true in the case of the global OTC consumer health products market. Arrival of newer retail chains that remain operational round the clock along with increasing social media influence, and higher spending capacity will help the market mint more money.

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Some of the major players operating in the global OTC consumer health products market are listed below:

  • Allegiant Health
  • Bayer AG
  • Cigna Corporation
  • Cipla Health Limited
  • Reddy’s Laboratories Ltd.
  • GlaxoSmithKline plc.
  • Johnson & Johnson Services, Inc
  • Kowa Company, Ltd
  • LUPIN
  • Novartis AG
  • P&G
  • Sanofi
  • Other Market Participants

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Global OTC Consumer Health Products Market Segmentation

Global OTC consumer health products market has been segmented by product form, medical usage areas, coverage, distribution channel and region which are further classified into respective countries:

Global OTC Consumer Health Products Market Product Form Outlook (Revenue, USD Million, 2015 – 2030)

  • Tablets
  • Capsules
  • Soft Gels
  • Powders
  • Liquids
  • Spray
  • Others

Global OTC Consumer Health Products Market Medical Usage Areas Outlook (Revenue, USD Million, 2015 – 2030)

  • Cholesterol therapy
  • Contraception
  • Cough, cold and allergy
    • Nasal decongestants
    • Cough relievers
    • Cold or flu remedies
    • Prevention medicines for viral infections
    • Others
  • Gastrointestinal disorders
  • Pain management
    • Joint diseases
    • Symptomatic relief of muscular pains
    • Topical treatment of phlebology
  • Calcium Supplement
  • Omega 3
  • Sexual dysfunction
  • Sleep Health
  • Derma Health
    • Head Lice
    • Dandruff and sun protection
    • Mouth inflammation
    • Wound healing
    • Eczema-prone skin
    • Others
  • Vitamins & Minerals
    • Mineral Supplements
    • Digestive inclusive enzymes
    • Probiotics and Electrolytes
    • Vitamins
    • Others
  • Weight management/ obesity
  • Others (chronic prostatitis, treatment for liver diseases, disinfectants, etc)

Global OTC Consumer Health Products Market Coverage Outlook (Revenue, USD Million, 2015 – 2030)

  • Region Locked
  • International

Global OTC Consumer Health Products Market Distribution Channel Outlook (Revenue, USD Million, 2015 – 2030)

  • Online
  • Offline
  • Chain and independent pharmacies
  • Convenience stores
  • Supermarkets and hypermarkets
  • Others

Global OTC Consumer Health Products Market Regional Outlook (Revenue, USD Million, 2015 – 2030)

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

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