Global OTC health products market is projected to witness a lucrative growth pattern during 2022-2028.

Industry Snapshot:

• Rising health consciousness and customer interest in active life are factors propelling the market growth during the forecast period.
• Increasing popularity of physical training, meditation, and yoga have led to a rise in people’s active lifestyle, which is accelerating the overall industry development.
• Surging demand for supplements to boost immunity or improve nutritional deficiencies among the geriatric population will add traction to global OTC health product market size.
• Frequent changes in the nutritional supplement regulatory environment are likely to hinder the progress of the business sphere during 2022-2028.

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Segmental Overview:

Product Gamut	CBD Nutraceutical Products
	Probiotics
	Sports Nutrition Products
	Dietary Supplements
	Cough, Cold and Flu Products
Form	Gummies
	Capsules/Tablets
	Liquid
	Others
Demography	Adults
	Children
Application Spectrum	Sports Formulation
	Immune Defense
	Joint Health
	Weight Control
	Women's & Men's Health
	Digestive Health
	Others
Distribution Channel	Hypermarkets, Supermarkets, Convenience Stores
	Online
	Retail Pharmacies
	Others
Regional Outlook	North America
	Europe
	Asia Pacific
	Latin America

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Predictions Corner:

• The online distribution channel segment is estimated to expand exponentially through the forecast period.
• The capsules/tablets form segment is expected to capture a modest market share in the forthcoming years.
• North America OTC health products market is expected to witness considerable growth in the upcoming years, owing to the growing nutritional supplement knowledge among people, an increasing number of gyms & wellness facilities, and supportive government programs.

Besides, rising awareness of obesity-related disorders among the younger generation is expected to boost growth in countries like the United States, which is likely to further support regional expansion.

Explainer – All you need to know

For the uninitiated, OTC or nonprescription medicine is safe and effective when used in accordance with the instructions on the label and as directed by a health care practitioner.

Moreover, when it comes to sicknesses or diseases, consumers prefer preventive measures over therapeutic measures.

The Bountiful Company, American Health, Bayer AG, GSK plc, Johnson and Johnson Services, LLC, Nature's Sunshine Products Incorporated, Medical Marijuana Inc., CV Sciences Inc., and Herbalife Nutrition are the leading companies operating in global OTC health products industry.

Concluding lines:

Market researchers collect and analyze data to accurately represent the various aspects of a commercial landscape. MarketStudyReport has a report titled ‘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’, which diligently examines the shifting patterns, potential business prospects, and challenges to enlighten the competitors as well as readers for this business sphere.