Cough and Cold Medicine Manufacturing OTC in the US Industry Market Research Report Now Available from IBISWorld
Over the five years to 2012, the Cough and Cold Medicine Manufacturing OTC industry has enjoyed stable growth. From 2007 to 2012, revenue is expected to rise at an average annual rate of 1.2% to $2.3 billion. Demand for over-the-counter (OTC) cough and cold medicines is primarily linked to the occurrence and severity of cold and flu seasons, and changes in private health insurance coverage. Since the industry manufactures a necessary product for American households, demand is expected to continue rising over the next five years, aided by export growth during the period. Nevertheless, the industry will face continued external competition from the use of private label brands sold in drug stores, which are selling more OTC products. For this reason, industry research firm IBISWorld has added a report on the Cough and Cold Medicine Manufacturing OTC industry to its growing industry report collection.
(PRWeb January 26, 2012)
Cough and Cold Medicine Manufacturing OTC in the US Industry Market Research Report Now Available from IBISWorld
Over the five years to 2012, the Cough and Cold Medicine Manufacturing OTC industry has enjoyed stable growth. From 2007 to 2012, revenue is expected to rise at an average annual rate of 1.2% to $2.3 billion. Demand for over-the-counter (OTC) cough and cold medicines is primarily linked to the occurrence and severity of cold and flu seasons, and changes in private health insurance coverage. Since the industry manufactures a necessary product for American households, demand is expected to continue rising over the next five years, aided by export growth during the period. Nevertheless, the industry will face continued external competition from the use of private label brands sold in drug stores, which are selling more OTC products. For this reason, industry research firm IBISWorld has added a report on the Cough and Cold Medicine Manufacturing OTC industry to its growing industry report collection.
(PRWeb January 26, 2012)
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