OTC Medicine Manufacturing in India: The demand for OTC medicine manufacturing services in India’s over-the-counter (OTC) pharmaceutical business is rapidly increasing. This rise is fuelled by various main factors, like the expansion of the OTC market. The Indian OTC medicines market was valued at roughly USD 8.9 billion in 2023 and is expected to reach USD 29.6 billion by 2032, with a compound annual growth rate (CAGR) of 14.28% from 2024 to 2032. Along with this, consumers are increasingly turning to over-the-counter remedies to treat minor health conditions.
Moreover, outsourcing production allows businesses to cut operational costs because third-party manufacturers frequently operate in countries with lower labour and infrastructural expenses. Thus, pharmaceutical businesses can concentrate on research, marketing, and distribution while outsourcing manufacturing to specialised partners. In addition, the Indian government has developed programs to boost the pharmaceutical industry, such as the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP). This aims to supply excellent generic medications at reasonable prices. As a result, investments in pharmaceutical infrastructure, along with supportive legislation, have produced an enabling environment for third-party manufacturers.
Most importantly, today, India is a large exporter of generic medications, accounting for 20% of the global total. Hence, this increasing international demand for low-cost OTC products creates opportunities for third-party manufacturers. Consequently, the combination of a burgeoning OTC market, cost benefits, supportive government policies, export potential, and product diversification is propelling the demand for Third Party OTC Medicine Manufacturing in India. Hence, this trend offers substantial opportunities for Indian pharmaceutical companies to expand their market presence efficiently.
How does Broad Group of Companies provide the most trusted services of OTC medicine manufacturing in India?
Over-the-counter (OTC) medications are non-prescription medications used to treat minor symptoms such as colds, headaches, allergies, and digestive problems. Our manufacturing services follow a stringent process to ensure safety, quality, and efficacy. Let’s see the important steps of making in our company:
1. Research and formulation development: We first do the market research involving identifying consumer demands and regulatory guidelines. Ingredient selection involves selecting active pharmaceutical ingredients (APIs) and excipients (fillers, binders, and flavours). Moreover, we do various stability tests to ensure that our medicine remains effective over time.
2. Sourcing raw materials: Our APIs and excipients come from certified sources. Also, our quality control inspections verify that our medicines are always pure and meet WHO-GMP standards.
3. Manufacturing process: In the blending and mixing, our homogenous blend is achieved by weighing and mixing the ingredients. With this, we ensure a uniform dispersion of the active component in the finished product. Moreover, our dry or wet granulation enhances pill compression and stability, and we also make sure that each dose contains a constant amount of API. After that, in tablet compression and encapsulation, our tablets are compressed to their desired form and size, and also our capsules include powdered or liquid medicines.
4. Quality control and testing: To make the best quality products, we do various strict physical and chemical tests. In this, we include measuring pH, viscosity, weight, and hardness. Also, our microbial testing ensures the medicines are free of microorganisms and pollutants. Even our dissolution and absorption tests confirm all of our medication release and effectiveness. Along with this, our stability testing evaluates shelf life under various situations of our medicines.
5. Packing and labelling: Now, the time has come for our products to be packaged in blister packs, bottles, and sachets. Moreover, in this, we have also added the labelling services. This includes drug name and composition, dosage instructions, warnings & side effects, manufacturing and expiration dates.
Prove that Broad Group of Companies is the right choice for the OTC products manufacturing company.
As one of the leading OTC Medicine Manufacturing Companies in India, we allow our customers and businesses to benefit from low investment with high returns. This allows them to avoid the requirement for significant infrastructure and R&D costs in their business. Along with this, pharmaceutical businesses can outsource their production services while concentrating on marketing, branding, and sales. As a result, our bulk manufacturing services reduce production costs while increasing profit margins for the customers.
Moreover, in our company, we create a wide range of OTC products, including pain relievers (paracetamol, ibuprofen, diclofenac), cough syrups and cold cures, digestive aids (antacids, laxatives, and probiotics), etc. Hence, investing in our company gives you a diversified product selection and also promotes long-term profitability in your business. In addition to getting our manufacturing services, we allow our customers to benefit from fast market entry and branding opportunities. We offer quick product introduction without constructing a production facility and also allow companies to always concentrate on branding, marketing, and distribution.
Even with this, we assist our clients with the creation of internationally quality-approved OTC medicines. This particularly meets USFDA, EU-GMP, and WHO requirements, increasing worldwide sales prospects. Consequently, our manufacturing services can easily scale to meet market demand; hence, there is no need for significant upfront investments in machinery or experienced labour in your businesses. Thus, various services and features of manufacturing make us the perfect choice for OTC product production services in India.
Finalisation
The finalisation of this topic clearly defines that today, in India, there is a huge demand and future scope for OTC medicines and their manufacturing services. However, if you are in search of the right platform to get OTC Medicine Manufacturing in India, you should only come to the Broad Group of Companies.
FAQs
Q1: What is OTC medicine manufacturing?
Ans: OTC (Over-the-Counter) medicine manufacturing refers to the production of non-prescription drugs that consumers can purchase directly without a doctor’s prescription. These medicines include pain relievers, cold & flu remedies, digestive aids, skincare products, and supplements.
Q2: Why choose the Broad Group of Companies for OTC medicine manufacturing?
Ans: The Broad Group of Companies is a leading name in OTC medicine manufacturing in India, known for:
- State-of-the-art manufacturing facilities
- Stringent quality control & regulatory compliance
- A wide portfolio of OTC products
Q3: Does the Broad Group offer private labeling & third party manufacturing?
Ans: Yes, the company provides private labeling and third-party manufacturing services for businesses looking to launch their own OTC medicine brands.
