Global OTC Health Products Market Size study, by Product (Cough, Cold and Flu Products, Dietary Supplements, Sports Nutrition Products, Probiotics, CBD Nutraceutical Products) by Form (Liquid, Capsules/Tablets, Gummies, Others) by Demography (Children, Ad

Global OTC Health Products Market Size study, by Product (Cough, Cold and Flu Products, Dietary Supplements, Sports Nutrition Products, Probiotics, CBD Nutraceutical Products) by Form (Liquid, Capsules/Tablets, Gummies, Others) by Demography (Children, Adults) by Application (Digestive health, Women’s & Men’s Health, Weight Control, Joint health, Immune Defense, Sports Formulation, Others) by Distribution Channel (Retail pharmacies, Online, Hypermarkets/supermarkets/convenience stores, Others) and Regional Forecasts 2022-2028

Global OTC Health Products Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. OTC medicine is also known as nonprescription medicine. They are safe and effective when used in accordance with the instructions on the label and as advised by a health care practitioner. Rising health consciousness and customer interest in active life are the primary drivers of industry expansion. Consumers prefer preventive measures to therapeutic measures when it comes to illnesses or diseases. People are living more actively as a result of the increased popularity of physical workouts, meditation, and yoga. Furthermore, the senior population is more vulnerable to infectious infections and requires supplements to boost immunity or correct nutritional deficiencies. According to the United States Census Bureau, more than 54 million adults aged 65 and up live in the United States , accounting for around 16.5 percent of the total population. As part of their marketing strategy, nutritional supplement companies are continually collaborating with athletes, fitness coaches, and celebrity trainers. For example, in May 2018, Herbalife International of America, Inc. announced a multi-year sponsorship renewal with soccer player Cristiano Ronaldo that finished in 2021 (2013-2021). These influencers educate customers in simple words about the advantages of substances while complying to regulatory restrictions on functional claims.
However, continual changes in the nutritional supplement regulatory environment restrict market progress throughout the forecast period of 2022-2028.

The key regions considered for the Global OTC Health Products Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America emerged as the market leader. The regional market is likely to be driven by an increase in nutritional supplement knowledge, an increase in the number of gyms and wellness facilities, and supportive government programmes. During the predicted period, the United States is expected to see profitable growth. People in the country, particularly the younger generation, are becoming more health-conscious as the prevalence of obesity-related disorders rise, which is one of the primary factors driving the country's adoption of nutritional items. During the forecast period, Asia Pacific is expected to develop at the fastest CAGR.

Major market player included in this report are:
Herbalife Nutrition
CV Sciences, Inc.
Medical Marijuana Inc.
Nature's Sunshine Products Inc.
Johnson and Johnson Services, LLC
GlaxoSmithKline Inc.
Bayer AG
American Health
THE BOUNTIFUL COMPANY (Nestlé Health Science S.A.)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Cough, Cold and Flu Products
Dietary Supplements
Sports Nutrition Products
Probiotics
CBD Nutraceutical Products
By Form:
Liquid
Capsules/Tablets
Gummies
Others

By Demography:
Children
Adults

By Application:
Digestive health
Women’s & Men’s Health
Weight Control
Joint health
Immune Defense
Sports Formulation
Others

By Distribution Channel:
Retail pharmacies
Online
Hypermarkets, supermarkets, convenience stores
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global OTC Health Products Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Herbalife Nutrition
CV Sciences, Inc.
Medical Marijuana Inc.
Nature's Sunshine Products Inc.
Johnson and Johnson Services, LLC
GlaxoSmithKline Inc.
Bayer AG
American Health
THE BOUNTIFUL COMPANY (Nestlé Health Science S.A.)

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