India Over-the-Counter (OTC) Healthcare Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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India OTC Healthcare Market Overview
The India OTC healthcare market was valued at $2.7 billion in 2021. The market is projected to grow at a CAGR of more than 3% during the forecast period. Vitamins and minerals was the largest category in the market in 2021. The traditional medicines category is forecast to register the fastest value growth. Within the distribution channels, drug stores and pharmacies was the largest distribution channel in the Indian OTC healthcare sector.
The India 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.
India OTC healthcare market overview
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What are the leading categories in India OTC healthcare market?
The leading categories in the India 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. Vitamins and minerals category led the India OTC healthcare sector in terms of per capita consumption in 2021.
India OTC healthcare market, by categories
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What are the leading distribution channels in the India OTC healthcare market?
The leading distribution channels in the India OTC healthcare market are drug stores and pharmacies, hypermarkets and supermarkets, convenience stores, and food and drinks specialists. Drug stores and pharmacies dominated the market.
India OTC healthcare market, by distribution channels
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Which are the leading companies in the India OTC healthcare market?
Some of the leading companies in the India OTC healthcare market are Cipla Inc, Dabur India, Johnson & Johnson Services Inc, GlaxoSmithKline, and Reckitt Benckiser Group Plc. Cipla Inc was the leading company in value terms.
India OTC healthcare market, by leading companies
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Market report scope
Market size (Year – 2021) | $2.7 billion |
Growth rate | CAGR of >3% |
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, and Food and Drinks Specialists |
Leading companies | Cipla Inc, Dabur India, Johnson & Johnson Services Inc, GlaxoSmithKline, and Reckitt Benckiser Group Plc |
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.
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Frequently asked questions
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What was the India OTC healthcare market size in 2021?
The OTC healthcare market size in India was valued at $2.7 billion in 2021.
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What is the India OTC healthcare market growth rate?
The OTC healthcare market in India is projected to grow at a CAGR of more than 3% during the forecast period.
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What are the leading categories in the India OTC healthcare market?
The leading categories in the India 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 India OTC healthcare market?
The leading distribution channels used in the India OTC healthcare market are drug stores and pharmacies, hypermarkets and supermarkets, convenience stores, and food and drinks specialists.
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Which are the leading companies in the India OTC healthcare market?
Some of the leading companies in the India OTC healthcare market are Cipla Inc, Dabur India, Johnson & Johnson Services Inc, GlaxoSmithKline, and Reckitt Benckiser Group Plc.
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