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Over The Counter (OTC) Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global over the counter (OTC) drugs market reached a value of US$ 148 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 212.6 Billion by 2027, exhibiting a CAGR of 6.44% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Over the counter (OTC) drugs, also known as non-prescription drugs, can be used without a prescription or the need for seeking treatment by a healthcare professional. They are safe and effective and help cure pain, cough and cold, diarrhea, constipation, acne and manage recurring migraines and allergies. They are currently available in pharmacies, convenience stores, supermarkets and gas stations across the globe.

 

 
 

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Over The Counter (OTC) Drugs Market Trends:

The increasing utilization of OTC drugs to treat minor ailments among individuals represents one of the key factors bolstering the market growth. Besides this, OTC medications, such as antacids, histamine-2 (H2) blockers, and proton pump inhibitors (PPIs), are used to relieve and prevent heartburn or acid indigestion. In addition, due to the coronavirus disease (COVID-19) outbreak, there is a rise in awareness among individuals about the importance of self-care. This, in turn, is increasing the sales of nutritional supplements and strengthening the market growth. Moreover, key players are expanding their product portfolio to widen their consumer base and increase their geographical presence. This, coupled with the increasing approvals from regulatory bodies for switching prescription drugs to OTC drugs, is positively influencing the market. Apart from this, there is currently an increase in the number of people opting for OTC drugs rather than consulting physicians on account of increasing healthcare costs. Furthermore, self-medication practices can assist in controlling chronic diseases, reducing absenteeism from work, and saving scarce medical resources from being exhausted during minor conditions. Some of the other factors, such as the rising geriatric population worldwide, rapid expansion of distribution channels, and significant growth in the pharmaceutical industry, are driving the overall sales and profitability.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global over the counter (OTC) drugs market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, route of administration, dosage form and distribution channel.

Breakup by Product Type:

  • Cough, Cold and Flu Products
  • Analgesics
  • Dermatology Products
  • Gastrointestinal Products
  • Vitamins, Minerals and Supplements (VMS)
  • Weight-loss/Dietary Products
  • Ophthalmic Products
  • Sleeping Aids
  • Others
     

Breakup by Route of Administration:

 

 
 

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  • Oral
  • Parenteral
  • Topical
  • Others
     

Breakup by Dosage Form:

  • Tablets and Capsules
  • Liquids
  • Ointments
  • Others
     

Breakup by Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alkem Laboratories Limited, Bayer AG, Daiichi Sankyo Company Limited, Dr. Reddy’s Laboratories Ltd., GlaxoSmithKline plc, Johnson & Johnson, Novartis AG, Perrigo Company plc, Pfizer Inc., Piramal Enterprises Ltd., Reckitt Benckiser Group PLC, Sanofi S.A., Sun Pharmaceutical Industries Ltd. and Teva Pharmaceutical Industries Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Route of Administration, Dosage Form, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alkem Laboratories Limited, Bayer AG, Daiichi Sankyo Company Limited, Dr. Reddy’s Laboratories Ltd., GlaxoSmithKline plc, Johnson & Johnson, Novartis AG, Perrigo Company plc, Pfizer Inc., Piramal Enterprises Ltd., Reckitt Benckiser Group PLC, Sanofi S.A., Sun Pharmaceutical Industries Ltd. and Teva Pharmaceutical Industries Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Over The Counter (OTC) Drugs Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Cough, Cold and Flu Products
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Analgesics
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Dermatology Products
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Gastrointestinal Products
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Vitamins, Minerals and Supplements (VMS)
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Weight-loss/Dietary Products
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Ophthalmic Products
        6.7.1 Market Trends
        6.7.2 Market Forecast
    6.8    Sleeping Aids
        6.8.1 Market Trends
        6.8.2 Market Forecast
    6.9    Others
        6.9.1 Market Trends
        6.9.2 Market Forecast
7    Market Breakup by Route of Administration
    7.1    Oral
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Parenteral
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Topical
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Dosage Form
    8.1    Tablets and Capsules
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Liquids
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Ointments
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Distribution Channel
    9.1    Hospital Pharmacies
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Retail Pharmacies
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Online Pharmacies
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Alkem Laboratories Limited
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    Bayer AG
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Daiichi Sankyo Company Limited
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Dr. Reddy’s Laboratories Ltd.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    GlaxoSmithKline plc
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Johnson & Johnson
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Novartis AG
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Perrigo Company plc
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Pfizer Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Piramal Enterprises Ltd.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
        15.3.11    Reckitt Benckiser Group PLC
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    Sanofi S.A.
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 SWOT Analysis
        15.3.13    Sun Pharmaceutical Industries Ltd.
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio
           15.3.13.3 Financials
           15.3.13.4 SWOT Analysis
        15.3.14    Teva Pharmaceutical Industries Ltd.
           15.3.14.1 Company Overview
           15.3.14.2 Product Portfolio
           15.3.14.3 Financials
           15.3.14.4 SWOT Analysis

List of Figures

Figure 1: Global: Over The Counter Drugs Market: Major Drivers and Challenges
Figure 2: Global: Over The Counter Drugs Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Over The Counter Drugs Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Over The Counter Drugs Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Over The Counter Drugs Market: Breakup by Route of Administration (in %), 2021
Figure 6: Global: Over The Counter Drugs Market: Breakup by Dosage Form (in %), 2021
Figure 7: Global: Over The Counter Drugs Market: Breakup by Distribution Channel (in %), 2021
Figure 8: Global: Over The Counter Drugs Market: Breakup by Region (in %), 2021
Figure 9: Global: Over The Counter Drugs (Cough, Cold and Flu Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Over The Counter Drugs (Cough, Cold and Flu Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Over The Counter Drugs (Analgesics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Over The Counter Drugs (Analgesics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Over The Counter Drugs (Dermatology Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Over The Counter Drugs (Dermatology Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Over The Counter Drugs (Gastrointestinal Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Over The Counter Drugs (Gastrointestinal Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Over The Counter Drugs (Vitamins, Minerals and Supplements (VMS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Over The Counter Drugs (Vitamins, Minerals and Supplements (VMS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Over The Counter Drugs (Weight-loss/Dietary Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Over The Counter Drugs (Weight-loss/Dietary Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Over The Counter Drugs (Ophthalmic Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Over The Counter Drugs (Ophthalmic Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Over The Counter Drugs (Sleeping Aids) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Over The Counter Drugs (Sleeping Aids) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Over The Counter Drugs (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Over The Counter Drugs (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Over The Counter Drugs (Oral) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Over The Counter Drugs (Oral) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Over The Counter Drugs (Parenteral) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Over The Counter Drugs (Parenteral) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Over The Counter Drugs (Topical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Over The Counter Drugs (Topical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Over The Counter Drugs (Other Route of Administrations) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Over The Counter Drugs (Other Route of Administrations) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Over The Counter Drugs (Tablets and Capsules) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Over The Counter Drugs (Tablets and Capsules) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Over The Counter Drugs (Liquids) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Over The Counter Drugs (Liquids) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Over The Counter Drugs (Ointments) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Over The Counter Drugs (Ointments) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Over The Counter Drugs (Other Dosage Forms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Over The Counter Drugs (Other Dosage Forms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Over The Counter Drugs (Hospital Pharmacies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Over The Counter Drugs (Hospital Pharmacies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Over The Counter Drugs (Retail Pharmacies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Over The Counter Drugs (Retail Pharmacies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Global: Over The Counter Drugs (Online Pharmacies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Global: Over The Counter Drugs (Online Pharmacies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Global: Over The Counter Drugs (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Global: Over The Counter Drugs (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: North America: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: North America: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: United States: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: United States: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Canada: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Canada: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Asia-Pacific: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Asia-Pacific: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: China: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: China: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Japan: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Japan: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: India: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: India: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: South Korea: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: South Korea: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Australia: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Australia: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Indonesia: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Indonesia: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Europe: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Europe: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Germany: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Germany: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: France: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: France: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: United Kingdom: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: United Kingdom: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Italy: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Italy: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Spain: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Spain: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Russia: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Russia: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Others: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Others: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Latin America: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Latin America: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Brazil: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Brazil: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Mexico: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Mexico: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 95: Others: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 96: Others: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 97: Middle East and Africa: Over The Counter Drugs Market: Sales Value (in Million US$), 2016 & 2021
Figure 98: Middle East and Africa: Over The Counter Drugs Market: Breakup by Country (in %), 2021
Figure 99: Middle East and Africa: Over The Counter Drugs Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 100: Global: Over The Counter Drugs Industry: SWOT Analysis
Figure 101: Global: Over The Counter Drugs Industry: Value Chain Analysis
Figure 102: Global: Over The Counter Drugs Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Over The Counter Drugs Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Over The Counter Drugs Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Over The Counter Drugs Market Forecast: Breakup by Route of Administration (in Million US$), 2022-2027
Table 4: Global: Over The Counter Drugs Market Forecast: Breakup by Dosage Form (in Million US$), 2022-2027
Table 5: Global: Over The Counter Drugs Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: Global: Over The Counter Drugs Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Over The Counter Drugs Market: Competitive Structure
Table 8: Global: Over The Counter Drugs Market: Key Players


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Key Questions Answered in This Report

The global over the counter (OTC) drugs market was valued at US$ 148 Billion in 2021.

We expect the global over the counter (OTC) drugs market to exhibit a CAGR of 6.44% during 2022-
2027.

The increasing utilization of OTC drugs to treat minor ailments, along with the growing demand for
nutritional supplements, owing to the emerging trend of self-care, is currently driving the global over
the counter (OTC) drugs market.

The sudden outbreak of the COVID-19 pandemic has led to the rising inclination towards OTC drugs,
including antibiotics, multi-vitamin tablets, cough syrups, etc., for treating the mild symptoms of
coronavirus infection.

Based on the product type, the global over the counter (OTC) drugs market has been divided into
cough, cold and flu products, analgesics, dermatology products, gastrointestinal products, Vitamins,
Minerals and Supplements (VMS), weight-loss/dietary products, ophthalmic products, sleeping aids,
and others. Among these, cough, cold and flu products currently exhibit a clear dominance in the
market.

Based on the route of administration, the global over the counter (OTC) drugs market can be
categorized into oral, parenteral, topical, and others. Currently, oral route of administration holds
the majority of the total market share.

Based on the dosage form, the global over the counter (OTC) drugs market has been segmented into
tablets and capsules, liquids, ointments, and others. Among these, tablets and capsules currently
represent the largest market share.

Based on the distribution channel, the global over the counter (OTC) drugs market can be bifurcated
into hospital pharmacies, retail pharmacies, online pharmacies, and others. Currently, retail
pharmacies account for the majority of the global market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global over the counter (OTC) drugs market include Alkem
Laboratories Limited, Bayer AG, Daiichi Sankyo Company Limited, Dr. Reddy’s Laboratories Ltd.,
GlaxoSmithKline plc, Johnson & Johnson, Novartis AG, Perrigo Company plc, Pfizer Inc., Piramal
Enterprises Ltd., Reckitt Benckiser Group PLC, Sanofi S.A., Sun Pharmaceutical Industries Ltd., and
Teva Pharmaceutical Industries Ltd.

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