The Europe Cough Remedies Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030).
The Germany market dominated the Europe Cough Remedies Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $820.4 million by 2030. The UK market is exhibiting a CAGR of 4.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.8% during (2023 - 2030).
Menthol, derived from peppermint oil or other mint sources, is prized for its cooling and soothing effects on the respiratory tract. In cough remedies, menthol acts as a cough suppressant and throat-numbing agent, relieving coughing and throat irritation. Its cooling sensation helps alleviate cough reflexes and temporarily relieves throat discomfort. Licorice root has a long history of medicinal use in traditional herbal medicine and is prized for its anti-inflammatory, expectorant, and demulcent properties. Licorice root contains glycyrrhizin and other bioactive compounds that help soothe irritated throat tissues, reduce cough severity, and promote airway mucus clearance.
Additionally, the growth of e-commerce has facilitated greater access, convenience, and choice for consumers seeking cough remedies. Leading segments for B2C e-commerce are consumer electronics, fashion, furniture, toys/hobbies, health pharmaceuticals, media & entertainment, beverages, and food. Likewise, as per the International Trade Administration, consumer e-commerce now accounts for 36.3% of the total retail sector in the UK (as of Jan 2021), with e-commerce revenue projected to increase to 285.60 billion dollars by 2025. In 2022, UK online sales saw their highest annual growth since 2007, rising 36%.
Europe boasts high levels of internet penetration, with the majority of the population having access to reliable internet connections. This widespread access facilitates online shopping and contributes to the growth of e-commerce in the country. E-commerce provides European consumers easy access to various cough remedies, including over-the-counter medications, herbal supplements, and natural remedies. Hence, growing pharmaceutical and increasing respiratory disease cases in Europe are expected to boost the demand for cough remedies in the region.
Free Valuable Insights: The Global Cough Remedies Market will Hit USD 12.8 Billion by 2030, at a CAGR of 5.3%
Based on Age, the market is segmented into Adult and Pediatric. Based on Distribution Channel, the market is segmented into Retail Pharmacy, Hospital and Online Pharmacies. Based on Type, the market is segmented into Expectorants, Antihistamines, Bronchodilators, Antibiotics and Others. Based on Dosage, the market is segmented into Oral Syrup, Tablets & Pills, Lozenges, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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By Distribution Channel
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By Country
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