Market Overview:
The global OTC for kids market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of pediatric diseases, rising awareness about self-medication, and growing demand for over-the-counter drugs from retail pharmacies and hospitals. The gastrointestinal tract segment is expected to account for the largest share of the global OTC for kids market in 2018, followed by dermatology, otolaryngology, nutrition/vitamins, and other segments. The pharmacy segment is expected to account for the largest share of the global OTC for kids market in 2018. However, the online retailer segment is projected to grow at a highest CAGR during the forecast period.
Product Definition:
OTC is an abbreviation for "over the counter." OTC refers to any medication that can be bought without a prescription from a pharmacy. Many people find OTC medications to be more convenient and affordable than prescription drugs.
Gastrointestinal Tract:
The gastrointestinal tract is a hollow organ that serves many functions. It includes the stomach, small intestine, large intestine or bowel, and anus. The GI tract consists of organs such as the liver, pancreas, gallbladder and brain which aid in digestion. The GI tract also aids in absorption of nutrients from food & drink into the blood stream along with processing waste material from food & drink elimination through excretion processes.
Dermatology:
The global dermatology and it's usage in OTC for kids market size was valued at USD 1.1 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of rising prevalence of skin diseases among children as well as teenagers.
Application Insights:
OTC for kids medicines can be purchased from modern trade, pharmacy, convenience stores and other online retailers. The others segment includes e-commerce pharmacies and over-the-counter (OTC) web shops that sell OTC drugs. Modern trade is the largest retail channel for purchasing OTC for kids as it has more than 9500 stores across the globe. These stores offer a wide range of products including medicines, home care products and snacks among others.
Pharmacy is expected to be one of the fastest growing application segments owing to increasing awareness about availability of generic drugs in this sector globally. In most countries in Europe, pharmacist dispensing is allowed under law with some restrictions such as maximum number of doses per day or total amount dispensed within a given time period which are subject to government approval locally called Drug Master File (DMP).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to presence of a large number of players, high disposable income, and availability of advanced products. Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing demand for OTC drugs in this region especially in countries such as India and China. Presence of untapped markets, growing middle-class population along with rising healthcare expenditure are some factors contributing toward regional growth.
The key companies operating in this space include Apotex Inc.; Cipla Inc.; Dr Reddy's Laboratories Ltd; FDC Pharma; GSK Holdings PLC; Johnson & Johnson Services LLC; Kroger Co., L'Or©al S.A.; Merck KGaA DohleGmbH & Co., Ltd.
Growth Factors:
- Increasing awareness of the benefits of over-the-counter medications for children.
- Growing number of pediatricians and family doctors recommending OTC medications for their young patients.
- More widespread availability of OTC medications in retail outlets and pharmacies.
- Greater consumer confidence in the safety and efficacy of OTC medications for children.
- Increased marketing by pharmaceutical companies to promote the use of OTC medications for children
Scope Of The Report
Report Attributes
Report Details
Report Title
OTC for Kids Market Research Report
By Type
Gastrointestinal Tract, Dermatology, Otolaryngology, Nutrition/Vitamins, Other
By Application
Pharmacy, Hospital Pharmacy, Modern Trade, The Convenience Store, Online Retailer, Other
By Companies
Procter & Gamble, Johnson & Johnson, GlaxoSmithKline Plc, Abbott Laboratories, Amway Corporation, Bayer, Aktienge, Sanofi, Pfizer, Reckitt Benckiser Group, Church & Dwight
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global OTC for Kids Market Report Segments:
The global OTC for Kids market is segmented on the basis of:
Types
Gastrointestinal Tract, Dermatology, Otolaryngology, Nutrition/Vitamins, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmacy, Hospital Pharmacy, Modern Trade, The Convenience Store, Online Retailer, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Procter & Gamble
- Johnson & Johnson
- GlaxoSmithKline Plc
- Abbott Laboratories
- Amway Corporation
- Bayer
- Aktienge
- Sanofi
- Pfizer
- Reckitt Benckiser Group
- Church & Dwight
Highlights of The OTC for Kids Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gastrointestinal Tract
- Dermatology
- Otolaryngology
- Nutrition/Vitamins
- Other
- By Application:
- Pharmacy
- Hospital Pharmacy
- Modern Trade
- The Convenience Store
- Online Retailer
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the OTC for Kids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
OTC stands for over the counter. OTC medications are medications that can be bought without a doctor's prescription.
Some of the major companies in the otc for kids market are Procter & Gamble, Johnson & Johnson, GlaxoSmithKline Plc, Abbott Laboratories, Amway Corporation, Bayer, Aktienge, Sanofi, Pfizer, Reckitt Benckiser Group, Church & Dwight.
The otc for kids market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. OTC for Kids Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. OTC for Kids Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. OTC for Kids Market - Supply Chain
4.5. Global OTC for Kids Market Forecast
4.5.1. OTC for Kids Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. OTC for Kids Market Size (000 Units) and Y-o-Y Growth
4.5.3. OTC for Kids Market Absolute $ Opportunity
5. Global OTC for Kids Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. OTC for Kids Market Size and Volume Forecast by Type
5.3.1. Gastrointestinal Tract
5.3.2. Dermatology
5.3.3. Otolaryngology
5.3.4. Nutrition/Vitamins
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global OTC for Kids Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. OTC for Kids Market Size and Volume Forecast by Application
6.3.1. Pharmacy
6.3.2. Hospital Pharmacy
6.3.3. Modern Trade
6.3.4. The Convenience Store
6.3.5. Online Retailer
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global OTC for Kids Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. OTC for Kids Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global OTC for Kids Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. OTC for Kids Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global OTC for Kids Demand Share Forecast, 2019-2026
9. North America OTC for Kids Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America OTC for Kids Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America OTC for Kids Market Size and Volume Forecast by Application
9.4.1. Pharmacy
9.4.2. Hospital Pharmacy
9.4.3. Modern Trade
9.4.4. The Convenience Store
9.4.5. Online Retailer
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America OTC for Kids Market Size and Volume Forecast by Type
9.7.1. Gastrointestinal Tract
9.7.2. Dermatology
9.7.3. Otolaryngology
9.7.4. Nutrition/Vitamins
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America OTC for Kids Demand Share Forecast, 2019-2026
10. Latin America OTC for Kids Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America OTC for Kids Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America OTC for Kids Market Size and Volume Forecast by Application
10.4.1. Pharmacy
10.4.2. Hospital Pharmacy
10.4.3. Modern Trade
10.4.4. The Convenience Store
10.4.5. Online Retailer
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America OTC for Kids Market Size and Volume Forecast by Type
10.7.1. Gastrointestinal Tract
10.7.2. Dermatology
10.7.3. Otolaryngology
10.7.4. Nutrition/Vitamins
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America OTC for Kids Demand Share Forecast, 2019-2026
11. Europe OTC for Kids Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe OTC for Kids Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe OTC for Kids Market Size and Volume Forecast by Application
11.4.1. Pharmacy
11.4.2. Hospital Pharmacy
11.4.3. Modern Trade
11.4.4. The Convenience Store
11.4.5. Online Retailer
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe OTC for Kids Market Size and Volume Forecast by Type
11.7.1. Gastrointestinal Tract
11.7.2. Dermatology
11.7.3. Otolaryngology
11.7.4. Nutrition/Vitamins
11.7.5. Other
11.8.Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe OTC for Kids Demand Share, 2019-2026
12. Asia Pacific OTC for Kids Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific OTC for Kids Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific OTC for Kids Market Size and Volume Forecast by Application
12.4.1. Pharmacy
12.4.2. Hospital Pharmacy
12.4.3. Modern Trade
12.4.4. The Convenience Store
12.4.5. Online Retailer
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific OTC for Kids Market Size and Volume Forecast by Type
12.7.1. Gastrointestinal Tract
12.7.2. Dermatology
12.7.3. Otolaryngology
12.7.4. Nutrition/Vitamins
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific OTC for Kids Demand Share, 2019-2026
13. Middle East & Africa OTC for Kids Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa OTC for Kids Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa OTC for Kids Market Size and Volume Forecast by Application
13.4.1. Pharmacy
13.4.2. Hospital Pharmacy
13.4.3. Modern Trade
13.4.4. The Convenience Store
13.4.5. Online Retailer
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa OTC for Kids Market Size and Volume Forecast by Type
13.7.1. Gastrointestinal Tract
13.7.2. Dermatology
13.7.3. Otolaryngology
13.7.4. Nutrition/Vitamins
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa OTC for Kids Demand Share, 2019-2026
14. Competition Landscape
14.1. Global OTC for Kids Market: Market Share Analysis
14.2. OTC for Kids Distributors and Customers
14.3. OTC for Kids Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Procter & Gamble
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Johnson & Johnson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GlaxoSmithKline Plc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Abbott Laboratories
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Amway Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bayer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aktienge
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sanofi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pfizer
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Reckitt Benckiser Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Church & Dwight
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook