OTC Consumer Health Product Market

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Global OTC Consumer Health Product Market Outlook
Global OTC Consumer Health Product Market Outlook
2024 Opportunity Growth Analysis, 2016-2024
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• A fast growing market for wellness products such
  as health supplements and weight management
  products is luring traditional drug makers in
  India.
• Some of Indias largest drug makers such as Sun
  Pharmaceuticals Industries Ltd, Dr Reddys
  Laboratories Ltd and Glenmark Pharmaceuticals Ltd
  are creating a portfolio of over-the-counter
  (OTC) products.
• To be sure, multinational drug makers such as
  GlaxoSmithKline Plc and Johnson Johnson Inc.,
  have a firmer foothold in the market, but Indian
  drug firms have been more aggressive in recent
  times, looking to tap a market growing at 10-15
  annually.
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  tc-consumer-health-products-market-global-analysis

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Growth Drivers
Growth Barriers
Sample
General Trend
Moderately Complex
Highly Complex
Waived
Emerging Markets
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• For instance, Cipla Ltd spun off its consumer
  healthcare business into a joint venture
  subsidiary Cipla Health in 2015, while Lupin Ltd,
  which only has prescription medicines in its
  portfolio currently, has rolled out a pilot
  project for entering the OTC market.
• However, the going wont be easy because of the
  different market dynamics which resemble that of
  packaged consumer goods.

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• Impact Analysis-
• Growth across the various industries have direct
  impact on the demand of OTC Consumer Health
  Product and the technological innovations further
  drive the OTC Consumer Health Product market.
• In Asia-Pacific, construction industry valued at
  USD XX billion and construction industry valued
  at USD XX billion. Over the forecast period
  (2016-2024) the growth of these two industry will
  have highest impact share on the OTC Consumer
  Health Product market.

Sample
6

• Stringent government regulations related to
  environment has negatively impacted the growth of
  OTC Consumer Health Product market.
• The degrading environment and its hazardous
  impact on living beings has compelled the
  economies to take strict actions.
• Construction industry is estimated to have one of
  the major share in producing dust, smoke and
  other harmful chemicals into the environment of
  XX in 2016.
• Therefore in future restricted construction
  activities can lead to significant impact on the
  application of OTC Consumer Health Product.

Sample
7

• Manufacturing industry also has negative impact
  on the environment, responsible for XX share in
  the environmental pollution.
• Being the large scale industry it is compelled
  to follow stricter environmental regulations and
  thus the technological research and developments
  are hindered.

Sample
Source Goldstein Research
Global OTC Consumer Health Product Market , By
Global Construction Industry (USD Billions)
Source Goldstein Research
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