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France OTC Drugs Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2021

Monday, October 17, 2016 23:00
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(Before It's News)

According to the report “France Over The Counter Drugs Market“, published by Market Data Forecast, the market is projected to reach USD 4.73 billion by 2021, at a CAGR of 3.5% from 2016 to 2021.

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Pharmacies are highly prevalent throughout the country and over the counter (OTC) drugs are considered safe and are widely used by significant population in France. People are encouraged towards self-medication before visiting a doctor to ease the pressure on the health service.

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Low cost, convenience and Ease of access are helping the growth of market for OTC drugs in France. Rising cultural shift of public towards self-medication and increasing access to new distribution channels are also fuelling the growth of the market. However, non-availability of reimbursements, pharmacist’s monopoly leading to high prices are restraining the growth of the market. 

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France OTC Drugs Market is segmented as follows:

1) By Applications
• Cough, Cold and Flu Drugs
• Analgesics
• Dermatologics
• Gastrointestinal Drugs
• Antiseptics 
• Anti-Allergy Drugs
• Smoking Cessation Aids
• Ophthalmics
• Vitamins and Minerals
• Sleep Aids
• Weight Loss/Diet Drugs
• Others (Ear Drops & Diuretics)

2) By Formulation Type
• Tablets
• Liquids
• Ointments
• Sprays

3) By Distribution Channels
• Pharmacies/Drug Stores
• Supermarkets/Hypermarkets
• Convenience Stores
• Others (Online Drugstores)

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Some of the major companies offering OTC drugs in France are GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, Sanofi, Procter & Gamble, Reckitt Benckiser and Takeda

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About Market Data Forecast:

Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.

Contact Us:

Market Data Forecast, Inc.
Jubilee Gardens,
Hyderabad, India.
+1-888-702-9626 (U.S. TOLL FREE) 

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