Cold is very common viral infection resulting into either stuffy or runny nose. Usually cold is self-treatable and often do not require medical attention. Although few over the counter drugs are used, natural cold remedies remains choice of treatment in most of preventive and symptomatic treatments. Seasonal cold is most common due to colder environment. In case of people with weakened immune system, common cold may lead to develop bronchitis or respiratory disease and hence it becomes important to enhance their immunity along with the treatment. People who do not respond well or are allergic to cold drugs prefer treatment with herbs i.e. natural cold remedies. The natural cold remedies ranges from Ayurveda to traditional Chinese medicines and are used to large scale by patients who prefer natural healing process.
Least chance of side effects with the use of natural cold remedies even in patients who are allergic to drugs is major driving factor in the market. The natural healing process promoted by majority of herbal medicines further increases patient compliance, fuelling the growth of natural cold remedies market. The cost effectiveness of natural cold remedies as compared to drugs in developing world further expected to drive the growth of natural cold remedies market. Worldwide widespread availability of the natural cold remedies further expected to majorly contribute to revenue generation in the natural cold remedies market. The patient who has other chronic health condition can prefer herbal medicines to minimize the adverse drug interaction enhancing the revenue generation in the natural cold remedies market. The ability of herbal medicines to strengthen the body immune system rather than killing parasites itself further expected to drive the growth of the natural cold remedies market. Whereas, inability of herbal medicines to cure the chronic diseases as well as slow therapeutic action may hamper the growth of the natural cold remedies market.
The global natural cold remedies market is segmented on the basis of drug type, dosage form, distribution channel and region.
By drug type, market is segmented as:
By dosage form, the natural cold remedies market is segmented as:
By distribution channel, natural cold remedies market is segmented as:
The increasing use of herbal medicines to improve health along with other treatment options expected to drive the global natural cold remedies market. By drug type, ginseng is expected to dominate the global natural cold remedies market due to comparatively superior efficacy in improving immune system as well as cold. By dosage form, tablets expected to dominate the market due to comparatively widespread preferred dosage form in adults. By distribution channel, pharmacies expected to dominate the natural cold remedies market due to higher patient footfall. The manufacturers in the global natural cold remedies market are focusing on increasing their product footprints in the different regions and updating their marketing strategy majorly based on the advantages of the herbal medicines.
The global natural cold remedies market is expected to be dominated by the Asia-Pacific region due to widespread availability of the natural cold remedies. North America is one of the fastest growing market in the natural cold remedies market due to increasing adoption of the herbal medicines for the treatment of common cold. Europe is expected to experience significant growth attributing to increasing product availability in the region. Latin America expected to experience steady growth in the global natural cold remedies market whereas Middle East & Africa is expected to be least lucrative natural cold remedies market due to little availability of the natural cold remedies products in the region.
The key market players in the global natural cold remedies market are: The Himalaya Drug Company, Arizona Natural Products, Gaia Herbs, Herb Pharm, Nature’s Bounty, NutraMarks, Inc., Bio Botanica, Inc., Rainbow Light Nutritional Systems, and others.
The report covers exhaustive analysis on:
Regional analysis includes