Global Kids
Cold Medicine Market is expected to grow at a significant CAGR in the
upcoming years as the scope and its applications are rising enormously across
the globe. Cold is a contagious viral infection of the upper respiratory tract
that reflex response to chemical, mechanical, and inflammatory irritation of
the body. The important drugs used to control fever in children are ibuprofen
(Advil, Motrin) and Acetaminophen (Tylenol, Panadol). These drugs are combined
with cough suppressants, antihistamines, and decongestants that recommend an
all-in-one cure for the symptoms of cold and other URIs (upper respiratory
tract infections).
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Over-the-counter (OTC) medicines are a cough and cold medicines
that can be given to a child. This helps to relieve common cold symptoms like
the stuffy or a runny nose, sore throat, body aches, and cough. The factors
that are restraining overall market growth are the medicines for children under
two years have been rescheduled to S4 to become prescription only. On the other
hand, the food and drug administration (FDA) has published that not to give
over-the-counter cough and cold medicines to children age 2 and younger, unless
directed by physicians.
Kids Cold Medicine Market is segmented based on product types, applications, and
region. Product types such as Spray Medicine, Liquid Medicine, and others
classify Kids Cold Medicine Market. Applications into 6 Month-1 Year, 3 Month-6
Month, and Under 3 Months classify Kids Cold Medicine Industry. Distribution
channel such as Local Grocery, Drug Stores, and others classify this market.
The key players
of Kids Cold Medicine Market are :
·
Strides Arcolab
·
Cold-Eeze
·
ZarBee’s Naturals
·
Dimetapp
·
Triaminic
·
Hyland’s
·
Robitussin
·
Maty’s,
·
Oxy Bum
·
Mucinex
·
Nature’s Way
These players are concentrating on inorganic growth to sustain
themselves amongst fierce competition. As such, mergers, acquisitions, and
joint ventures are the need of the hour.
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