Canada Over-the-Counter (OTC) Healthcare Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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The OTC healthcare market in Canada was valued at $3.1 billion in 2021. The market is projected to grow at a CAGR of more than 2% during the forecast period. Cough and cold preparations was the largest category in the market in 2021. Vitamins and minerals is forecast to register the fastest value growth. Within the distribution channels, drug stores and pharmacies was the largest distribution channel in the Canadian OTC healthcare sector.
The Canada OTC healthcare market report provides insights on high growth markets to target, trends in the usage of category level distribution data, and companies market shares.
Canada OTC healthcare market overview
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What are the leading categories in Canada OTC healthcare market?
The leading categories in the Canada OTC healthcare market are analgesics, cough and cold preparations, first aid kits, indigestion preparations, medicated skin products, plasters and bandages, topical OTC medicines, traditional medicines, vitamins and minerals, and other OTC healthcare products. Cough and cold preparations category led the Canada OTC healthcare sector in terms of per capita consumption in 2021.
The analgesics category can be further segmented into aspirin, ibuprofen, paracetamol, and other analgesics. The cough and cold preparations category can be further segmented into inhalers, lozenges, mixtures, tablets, and topical remedies. Indigestion preparations can be further segmented into mixtures, powders, and tablets. Medicated skin products can be segmented into anti-bacterial, anti-fungal, antiseptic, and other medicated skin products. Plasters and bandages can be divided into adhesive bandages/plasters, gauze pads/rolled gauze, and other tape or bandage. Topical OTC medicines can be further segmented into anesthetic products, antibiotic creams/gels, and anti-itch products. Vitamins and minerals can be further segmented into cod liver oil, multi-vitamins, single minerals, single vitamins, and tonics. Other OTC healthcare products can be divided into anti-smoking aids, eye/ear drops, rectal medications, and sleeping aids.
Canada OTC healthcare market, by categories
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What are the leading distribution channels in the Canada OTC healthcare market?
The leading distribution channels in the Canada OTC healthcare market are drug stores and pharmacies, hypermarkets and supermarkets, convenience stores, food and drinks specialists, and cash and carries and warehouse clubs. Drug stores and pharmacies dominated the market.
Canada OTC healthcare market, by distribution channels
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Which are the leading companies in the Canada OTC healthcare market?
Some of the leading companies in the Canada OTC healthcare market are Johnson & Johnson Services Inc, GlaxoSmithKline, Sanofi-Aventis SA, Jamieson Laboratories Ltd., Pfizer Inc., Boiron SA, Afexa Life Sciences Inc., Combe Incorporated, and Nutraceutical Corporation. Johnson & Johnson Services Inc was the leading company in value terms.
Canada OTC healthcare market, by leading companies
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Market report scope
Market size (Year – 2021) | $3.1 billion |
Growth rate | CAGR of >2% |
Forecast period | 2021-2026 |
Leading categories | Analgesics, Cough and Cold Preparations, First Aid Kits, Indigestion Preparations, Medicated Skin Products, Plasters and Bandages, Topical OTC Medicines, Traditional Medicines, Vitamins and Minerals, and Other OTC Healthcare Products |
Leading distribution channels | Drug Stores and Pharmacies, Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists, and Cash and Carries and Warehouse Clubs |
Leading companies | Johnson & Johnson Services Inc, GlaxoSmithKline, Sanofi-Aventis SA, Jamieson Laboratories Ltd., Pfizer Inc., Boiron SA, Afexa Life Sciences Inc., Combe Incorporated, and Nutraceutical Corporation |
This report provides:
- Overall sector value data with growth analysis for 2016-2026.
- Value and growth analysis for analgesics, cough and cold preparations, first aid kits, indigestion preparations, medicated skin products, plasters and bandage, topical OTC medicines, traditional medicines, vitamins and minerals, and other OTC healthcare products with inputs on individual segment share within each category and the change in their market share forecast for 2021-2026.
- Market share of companies (in value terms) and private labels (in value terms) in 2021.
- Percentage of sales within each category through distribution channels such as cash and carries and warehouse clubs, convenience stores, drug stores and pharmacies, food and drinks specialists, hypermarkets and supermarkets, and other general retailers.
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis.
- Analyze key distribution channels to identify and evaluate trends and opportunities.
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning.
- Significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion.
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector.
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people, and unemployment rate). It also includes an economic summary of the country along with the labor market and demographic trends.
GlaxoSmithKline
Sanofi-Aventis SA
Jamieson Laboratories Ltd.
Pfizer Inc.
Boiron SA
Afexa Life Sciences Inc.
Combe Incorporated
Nutraceutical Corporation
Table of Contents
Frequently asked questions
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What was the Canada OTC healthcare market size in 2021?
The OTC healthcare market size in Canada was valued at $3.1 billion in 2021.
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What is the Canada OTC healthcare market growth rate?
The OTC healthcare market in Canada is projected to grow at a CAGR of more than 2% during the forecast period.
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What are the leading categories in the Canada OTC healthcare market?
The leading categories in the Canadian OTC healthcare market are analgesics, cough and cold preparations, first aid kits, indigestion preparations, medicated skin products, plasters and bandages, topical OTC medicines, traditional medicines, vitamins and minerals, and other OTC healthcare products.
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What are the leading distribution channels in the Canada OTC healthcare market?
The leading distribution channels in the Canadian OTC healthcare market are drug stores and pharmacies, hypermarkets and supermarkets, convenience stores, food and drinks specialists, and cash and carries and warehouse clubs.
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What are the leading companies in the Canada OTC healthcare market?
Some of the leading companies in the Canadian OTC healthcare market are Johnson & Johnson Services Inc, GlaxoSmithKline, Sanofi-Aventis SA, Jamieson Laboratories Ltd., Pfizer Inc., Boiron SA, Afexa Life Sciences Inc., Combe Incorporated, and Nutraceutical Corporation.
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