The OTC Drug and Dietary Supplement Market was valued at US$ 2, 93,255.40million in 2019and is projected to reach US$ 4, 92,102.49millionby 2027; it is expected to grow at a CAGR of 6.8%from 2020to 2027.
Over the counter (OTC) drugs are available for the public for their general use. These drugs do not require a prescription from a physician. OTC medicines are available for various medical conditions such as coughs and colds, diarrhea, heartburn, constipation, acne, pain, and others. On the other hand, dietary supplements are available over the counter for fitness purposes. However, buying a dietary supplement with medicinal ingredients requires a prescription from a physicianwhen a person is critically ill or requires treatment. These OTC drugs and nutritional supplements have two forms: branded or generic.
The OTC Drug and Dietary Supplement market delivers a wide array of primary and secondary data with respect to regional and global market. In-depth analysis of numerous components has been studied in the report including price and gross margin, capacity, production, revenue, current geographical zones, technology, demand-supply, consumption, import, export. The market study focuses on industry dynamics including driving factors to provide the key elements fueling the current market growth.
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OTC Drug and Dietary Supplement market Top Leading Vendors :-
- GlaxoSmithKline plc.
- Johnson and Johnson Services, Inc.
- AbbVie Inc.
- Bausch Health Companies Inc.
- Bayer AG
- Procter & Gamble
- Novartis AG
- Reckitt Benckiser Group Plc.
- Cough and Cold Products
- Vitamins and Dietary Supplements
- Gastrointestinal Products
- Sleep Aids
- Oral Care Products
- Ophthalmic Products
- Feminine Care
By Distribution Channel
- Hospital and Retail Pharmacies
- Retail Stores
- Online Channels
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The report also identifies restraints and opportunities to identify high growth segments involved in OTC Drug and Dietary Supplement market. In addition to this, the study provides Porters five forces analysis, PESTEL analysis and industry chain analysis of the market to gain the impact of various factors such as bargaining power of suppliers, competitive rivalry, threat of new entrants, threat of substitutes, and bargaining power of buyers on the growth of OTC Drug and Dietary Supplement market.
Table of content:
Chapter1: The global OTC Drug and Dietary Supplement Market Overview
Chapter2: Market drivers and challenges
Chapter3: Market Global Economic Indicators
Chapter4: Market Competitive scenario
Chapter5: Market Size and Forecast
Chapter6: OTC Drug and Dietary Supplement Market Forces Analysis
Chapter7: Market Trend
Chapter8: Market by geography
Chapter9: Key Market Insights
Chapter10: OTC Drug and Dietary Supplement Market Development Trend Analysis
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