The over-the-counter internal analgesic market is projected to nearly $3 billion in 2007. Shifting age demographics are helping the market, but growth has been sidetracked by controversial safety concerns. Brand marketers spend millions each year to launch brand extensions and delivery forms, but can new demand really be spurred in this mature market?
Mintel provides detailed analysis and insights, including consumer research commissioned especially for this report. Topics include:
The over-the-counter internal analgesic market is projected to nearly $3 billion in 2007. Shifting age demographics are helping the market, but growth has been sidetracked by controversial safety concerns. Brand marketers spend millions each year to launch brand extensions and delivery forms, but can new demand really be spurred in this mature market?
Mintel provides detailed analysis and insights, including consumer research commissioned especially for this report. Topics include:
The impact of recent safety concerns on sales volume
Why consumers limit their usage of pain relievers
Why private label share is growing and how name brands can defend themselves
How drugstores have increased their share of FDM sales
Which maladies draw the highest percentage of consumers to OTC pain relief products
Perceived differences among analgesic brands
Where consumers go for information about OTC pain relievers
For the purposes of this report, the analgesics market is defined as including all oral analgesics, which are available over the counter without a prescription. Products intended for arthritis or migraine relief, and combination sleep aid/pain relief products, are also included. Products for children are covered, though they are not the main focus of this report.
Cold, cough and allergy remedies are excluded from this report, as are alertness aids and topical analgesics.
The incidence of suffering from a cough or sore throat becomes elevated during more severe cold and flu seasons. As a result, fluctuations in market sales correspond to the severity of flu seasons. The cough and throat remedies market is also driven by other factors, including key demographics such as children, seniors and women. A stuttering economy marked by high unemployment and underemployment
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