Market Insights Health OTC Pharmaceuticals

Cold & Cough Remedies - Sudan

Sudan

In Sudan, the revenue in the Cold & Cough Remedies market market reached US$18.43m in 2024.
It is projected to experience an annual growth rate of 4.67% (CAGR 2024-2029).
When compared globally, the in the United States generates the highest revenue in this market, amounting to US$11,190.00m in 2024.
Looking at the per person revenues, in 2024, each individual in Sudan contributes US$0.37 to the total revenue.
Sudan's cold and cough remedies market is experiencing a surge in demand due to the country's harsh climate and prevalence of respiratory infections.

Key regions: Australia, Japan, India, Brazil, Canada

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Analyst Opinion

The Cold & Cough Remedies market in Sudan is witnessing significant growth due to various factors.

Customer preferences: In Sudan, customers have a strong preference for natural and herbal remedies for treating cold and cough. They believe in the healing properties of traditional herbs and plants, and often rely on home remedies passed down through generations. This preference for natural remedies is driven by a desire for organic and chemical-free products that are perceived to have fewer side effects.

Trends in the market: The market for Cold & Cough Remedies in Sudan is experiencing a shift towards more modern and Westernized products. This trend can be attributed to the increasing urbanization and exposure to global influences. As the population becomes more aware of international brands and products, there is a growing demand for over-the-counter medicines and pharmaceutical products for cold and cough relief. This trend is further supported by the availability of a wider range of products in pharmacies and supermarkets.

Local special circumstances: Sudan has a diverse climate, with extreme temperatures in certain regions. The hot and dry climate in many parts of the country can contribute to the prevalence of cold and cough. This creates a significant market for remedies that provide relief from these ailments. Additionally, Sudan has a high prevalence of respiratory diseases, which further drives the demand for cold and cough remedies.

Underlying macroeconomic factors: The economic development and increasing disposable income in Sudan are contributing to the growth of the Cold & Cough Remedies market. As people have more purchasing power, they are able to afford healthcare products and are willing to spend on remedies for cold and cough relief. This is particularly true in urban areas, where there is a higher concentration of middle-class consumers.Furthermore, the ongoing COVID-19 pandemic has also had an impact on the market. With the increased focus on health and hygiene, there is a greater demand for products that can help prevent and alleviate symptoms of cold and cough. This has led to a surge in the sales of cold and cough remedies, as people are more conscious about their health and are taking proactive measures to protect themselves.In conclusion, the Cold & Cough Remedies market in Sudan is growing due to the changing preferences of customers, the influence of global trends, the local climate, and the underlying macroeconomic factors. As the market continues to evolve, there is a need for companies to understand and cater to the specific needs and preferences of Sudanese consumers.

Methodology

Data coverage:

Data encompasses B2C spend. Figures are based on the OTC Pharmaceuticals market values, representing revenues generated by both product sales which take place exclusively in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use data from national statistical offices, international institutions, trade associations, and self-medication associations. Next, we use relevant key market indicators and data from country-specific associations, such as consumer healthcare spending, out-of-pocket healthcare expenditure, health system accessibilities, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. Whereas this market covers only OTC drugs, the Statista Pharmaceuticals market covers both OTC and prescription drugs.