Throat Lozenges Industry: Future Demand, Market Analysis & Outlook to 2023

Market Research Future adds new report of “Throat Lozenges Market Research Report – Global Forecast Till 2023” it contains Company information, geographical data and Table of Content

Competitive Analysis:

  • Bliss GVS Pharma Ltd (India)
  • GlaxoSmithKline Pharmaceutical Limited (UK)
  • Thornton & Ross
  • Pfizer Inc. (US)
  • Procter & Gamble (P&G) (US)
  • united confections(US)
  • August Storck KG (Germany)
  • Roshen Confectionery Corp (Ukrain)
  • Crown Confectionery Co. Ltd. (South Koera)
  • CRM Group (Brazil)
  • United Confections Throat lozenge (UK)
  • Yildiz Holding (Turkey)
  • Ezaki Glico Co., Ltd. (Japan)
  • Perfetti (Italy)

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Market Segmentation:

Global throat lozenges market is segmented

  • On the basis of Ingredients types into menthol throat lozenges and non-menthol throat lozenges. Menthol throat lozenges is further segmented into eucalyptus oil, mint, peppermint oil, and others. Non-menthol throat lozenges is further segmented into zinc gluconate glycine, pectin
  • On the basis of Usage, the market is segmented into pharmaceutical lozenges, antibacterial lozenges
  • On the basis of Application the market is segmented into cough and cold, throat soreness, throat diseases

Market Highlight:

Throat lozenges, also known as cough sweet or cough drop which are used to stop the cough temporarily. They are the tablets which dissolve in the mouth and give relief from common cough. Global throat lozenges market is majorly driven by increasing prevalence of allergy and common cold. According to WHO, every year 10-15% of the world’s population suffers from common cold. Increasing awareness among the people about the management of the common diseases and increasing need for less healthcare expenditure has driven the growth of this market. Sometime throat lozenges are used to get relief form the short term cold and cough. Increasing paediatric and geriatric population and launching of many different products has provided fuel for the growth of the market. Whereas short term relief effect may restrain the growth of the market.

Global throat lozenges market is expected to grow at a CAGR of 3.5% during forecasted period. 

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Study objectives global throat lozenges market

  • Detailed information about the present and forecasted market with its key players that influences the market on global scale.
  • Detailed analysis of the market with respect to all the possible segmentation of the market.
  • Detailed information about the factors affecting the growth of the global throat lozenges market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global throat lozenges
  • Analysis of the market of the different factors like- Price Analysis, Supply Chain Analysis, Porters Five Force Analysis Etc.
  • Detailed information on trends and the opportunities in various regions.

Intended Audience

  • Throat lozenges manufacturing company
  • Research and Development (R&D) Companies
  • Contract Research Organizations (CROs)
  • Medical Research Laboratories
  • Academic Medical Institutes and Universities

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Regional Analysis

On regional basis, America commands the largest market for the throat lozenges due to increasing awareness of among the people and changing lifestyle which is responsible for reducing immunity of the body. Europe accounts for the second largest market which is followed by Asia Pacific. However Asia Pacific is expecting a faster growth for the market due to presence of huge paediatric and geriatric population.

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