Over-the-Counter Pharmaceuticals Market Trends in BRIC Discussed by GMR Data in Its Cutting-Edge Report Recently Added at MarketPublishers.com18 Apr 2017 • by Natalie Aster
LONDON – The BRIC OTC market is set to experience positive, but uncertain, growth trajectory in the years ahead. The major drivers of OTC market in BRIC nations include escalating awareness of OTC products amid consumers, rising purchasing power of consumers and increasing number of NCD population. However, the growth in this regional market could be hindered by certain factors, for instance, stringent regulation norms and also infrastructural challenges.
The income disparity across emerging BRIC nations is comparatively high if compared to developed nations. This is regarded as the fundamental challenge faced by multinationals active in the BRIC market. Meantime, increasing population in the region and enhancing consumer awareness for self-medication are amid the key drivers of the demand in the BRIC OTC market.
GMR Data’s cutting-edge research study “The BRIC OTC Market to 2025” gives in-depth insights into the over-the-counter pharmaceuticals market performance and trends in BRIC nations. This report explores and compares the landscape of OTC market in Brazil, Russia, India and China; scrutinizes the major restraints and drivers of the market growth and also pinpoints lucrative growth opportunities and major challenges. It touches upon location specific issues, covers the competitive environment and prominent players, provides access to a comprehensive future outlook through 2025.
Follow to the GMR Data page to find other research studies prepared by the publisher.