Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global OTC for Kids Market by Type (Gastrointestinal Tract, Dermatology, Otolaryngology, Nutrition/Vitamins, Other), By Application (Pharmacy, Hospital Pharmacy, Modern Trade, The Convenience Store, Online Retailer, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global OTC for Kids Market by Type (Gastrointestinal Tract, Dermatology, Otolaryngology, Nutrition/Vitamins, Other), By Application (Pharmacy, Hospital Pharmacy, Modern Trade, The Convenience Store, Online Retailer, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 170521 3300 Pharma & Healthcare 377 249 Pages 4.6 (33)
                                          

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.


Global OTC for Kids Industry Outlook


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:

  1. Procter & Gamble
  2. Johnson & Johnson
  3. GlaxoSmithKline Plc
  4. Abbott Laboratories
  5. Amway Corporation
  6. Bayer
  7. Aktienge
  8. Sanofi
  9. Pfizer
  10. Reckitt Benckiser Group
  11. Church & Dwight

Global OTC for Kids Market Overview


Highlights of The OTC for Kids Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Gastrointestinal Tract
    2. Dermatology
    3. Otolaryngology
    4. Nutrition/Vitamins
    5. Other
  1. By Application:

    1. Pharmacy
    2. Hospital Pharmacy
    3. Modern Trade
    4. The Convenience Store
    5. Online Retailer
    6. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global OTC for Kids Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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