The introduction of Chattem’s Nasacort 24HR in February was the big deal this year in the allergy space. In the ensuing seven months, sales of Nasacort 24HR already have reached $90.2 million, and if it remains on that pace, first-year sales will exceed $150 million.
(Click here to view the full Category Review.)
“It’s quite a testament,” said Kurt Jetta, CEO TABS Group. Nasacort 24HR is also a very productive brand that’s joined a very productive category. “The SKU count in allergy overall is up 14%, and the dollar sales are up 15% [across the drug channel],” Jetta said. “That’s what you want to see. We call that high SKU elasticity in a segment.”
“I don’t really see anybody that’s been hurt [by the Nasacort 24HR launch], at least not dramatically,” Jetta added. “If you look at the most productive brands there on a per item basis, it’s Nasacort and Benadryl neck and neck.” Benadryl posted sales of $108.3 million, up 8%, for the 52 weeks ended Sept. 7 across total U.S. multi-outlets, according to IRI.
Reckitt Benckiser recently extended its Mucinex brand into the allergy set with Mucinex Allergy. According to the company, more than 75% of Mucinex users also take an allergy treatment.
Also joining the allergy product portfolio this year is Procter & Gamble’s Vicks line extension under the QlearQuil brand. “Most recently Vicks branched out into the $3 billion sinus and allergy segment in the United States with the launch of Vicks QlearQuil, providing on-demand relief for the occasional allergy suffer, who does not want to medicate every day,” David Taylor, P&G group president, global health and grooming, recently told analysts.