GITNUX MARKETDATA REPORT 2024

Statistics About The Most Effective Cough Drops

The most effective cough drops are those containing menthol or eucalyptus, as they have been shown to provide symptom relief and improve coughing frequency and severity in clinical studies.

Last Updated: June 18, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore the dynamic landscape of the cough drops market, shedding light on key statistics and trends that shape its global trajectory. From market values to consumer preferences, we delve into insightful data that unveils the significant role cough drops play in alleviating common cold symptoms. Let’s uncover the numbers behind the most effective cough drops in the industry.

Statistic 1

"Over-the-counter cough drop products account for a market worth approximately USD 1.16 Billion globally."

Statistic 2

"It is projected that by 2027, cough lozenges, including cough drops, is projected to hit a 2.65% CAGR."

Statistic 3

"Adults age 18 and over are the primary users of cough drops at approximately 29.49% in the U.S."

Statistic 4

"In 2020, 16.43 million Americans used cough drops 8 or more times in 30 days."

Statistic 5

"Honey flavored cough drops reportedly have a higher demand than other flavors."

Statistic 6

"Cough drops like Halls Mentho-Lyptus gained the highest sales in the US, with a market share of approximately 28.4% in 2020."

Statistic 7

"The global market for over-the-counter throat lozenges, including cough drops, is bipartisan, with North America and Europe leading."

Statistic 8

"The U.S. accounts for the largest share in the cough drops market, majorly driven by high health awareness and easy availability of these products."

Statistic 9

"In 2016, 19.83 percent of Americans reportedly used cough drops or lozenges."

Statistic 10

"Asia Pacific region is projected to grow at a significant rate in the cough drops market due to the rising prevalence of cold and cough."

Statistic 11

"Mondelez (Halls) lead in cough drops sales with nearly USD 606 million revenue in 2020."

Statistic 12

"Menthol, a common ingredient in cough drops, provides a cooling effect and helps soothe the irritated throat tissue."

Statistic 13

"Sales growth of private label brands in the cough drops category outperformed national brands in the U.S., with a YoY increase of 9% in 2017."

Statistic 14

"Procter & Gamble's Vicks brand cough drops register a significant market share with many consumers considering them effective."

Statistic 15

"Sugar-free cough drops market is expected to show significant growth due to increasing consumer health awareness."

Statistic 16

"In the U.S., sales of cough, cold, and allergy remedies generated about USD 8.25 billion in 2020."

In conclusion, the global market for over-the-counter cough drops continues to exhibit steady growth, with the U.S. holding a significant share driven by high health awareness and easy availability. Adult consumers, particularly those over 18 years old, represent a substantial portion of the market, with honey-flavored products being in high demand. Brands like Halls Mentho-Lyptus and Mondelez (Halls) dominate sales, with private label brands showing strong growth. The inclusion of ingredients like menthol and the rising interest in sugar-free options further contribute to the market’s expansion. With the Asia Pacific region expected to experience significant growth due to increased prevalence of cold and cough, the future outlook for the cough drops market remains promising.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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