Phenylephrine Hydrochloride Market Outlook:
Phenylephrine Hydrochloride Market size was over USD 962.51 million in 2025 and is anticipated to cross USD 2.06 billion by 2035, witnessing more than 7.9% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of phenylephrine hydrochloride is assessed at USD 1.03 billion.
The phenylephrine hydrochloride market is expanding due to the growing prevalence of seasonal allergies such as nasal congestion, sinusitis, common cold, and allergies. According to the National Institutes of Health (NIIH), one of the most prevalent chronic illnesses in the world, chronic rhinosinusitis (CRS) affects people of all ages. The estimated incidence rates in the USA, Europe, and China are 12.3%, 10.9%, and 13%, respectively. A basic component of the pharmaceutical business, phenylephrine HCL is an essential constituent in many prescription and over-the-counter drugs used to treat nasal congestion. Additionally, the phenylephrine hydrochloride market gains from phenylephrine HCL's versatility in various forms, such as liquids, oral pills, and nasal sprays.
