There is a gradual decline and stabilisation in reported cases of COVID-19 in Mexico, and the severity of the virus is waning, primarily due to the positive impact of vaccination campaigns. However, this does not imply a complete cessation of its transmission, as consumers are displaying reduced levels of concern about contracting COVID-19 and are becoming less vigilant in adhering to sanitary precautions.
Leading brands in cough, cold, and allergy (hay fever) remedies are adapting to consumers' increasing reliance on online information. They have developed comprehensive websites offering details on symptoms and the best-suited products for treatment.
Cough, cold, and allergy (hay fever) remedies is expected to maintain strong value growth throughout 2023, with this trend likely continuing for the remainder of the forecast period (at constant 2023 prices). Even in this scenario, some consumers may need to reduce non-essential expenses, including medications for coughs, colds, and allergies, mainly due to economic challenges that Mexico is facing.
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Understand the latest market trends and future growth opportunities for the Cough, Cold and Allergy (Hay Fever) Remedies industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cough, Cold and Allergy (Hay Fever) Remedies industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cough, Cold and Allergy (Hay Fever) Remedies
This is the aggregation of decongestants, cough remedies, pharyngeal preparations, medicated confectionery, combination products, antihistamines and paediatric cough, cold and allergy remedies.
See All of Our DefinitionsThis report originates from Passport, our Cough, Cold and Allergy (Hay Fever) Remedies research and analysis database.
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