Press release
Surging Prevalence Of Respiratory Diseases Drives Growth In The Throat Lozenges Market: An Emerging Driver Transforming The Throat Lozenges Market Landscape
Throat Lozenges
What Is the Projected Growth of the Throat Lozenges Market?
The Throat Lozenges Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Throat Lozenges Market?
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What Are the Different Throat Lozenges Market Segments?
The throat lozenges market covered in this report is segmented -
1) By Type: Hard Candy Lozenges, Soft Lozenges, Compressed Lozenges
2) By Ingredient: Menthol, Mint, Eucalyptus Oil, Peppermint Oil, Honey And Ginger, Lemon, Other Ingredients
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channels
4) By Application: Sore Throat, Cough And Cold, Throat Diseases
Subsegments:
1) By Hard Candy Lozenges: Sugar-Based Hard Lozenges, Sugar-Free Hard Lozenges
2) By Soft Lozenges: Gel-Based Soft Lozenges, Non-Gel Soft Lozenges
3) By Compressed Lozenges: Medicinal Compressed Lozenges, Non-Medicinal Compressed Lozenges
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What Are the Primary Drivers Shaping the Throat Lozenges Market?
The rise in instances of respiratory ailments is anticipated to spur the growth of the throat lozenges market. These diseases, targeting the lungs and other respiratory system components, are commonly managed using throat lozenges. For example, the Forum of International Respiratory Societies (FIRS), an advocacy group for respiratory health in the US, revealed in September 2022, that approximately 200 million people worldwide were suffering from chronic obstructive pulmonary disease (COPD), resulting in around 3.2 million fatalities each year. Hence, the escalating occurrences of respiratory infections stand to stimulate the throat lozenges market.
Which Companies Are Leading in the Throat Lozenges Market?
Major companies operating in the throat lozenges market include GlaxoSmithKline plc, SSL International plc, Thornton & Ross, Pfizer Inc., The Procter & Gamble Company, Bausch Health Companies Inc., Wrigley Company, Reckitt Benckiser Group plc, Gepach International, Bliss GVS Pharma Ltd, Sanofi S.A, Ricola AG, Honibe, Ernest Jackson & Co Ltd, Doetsch Grether AG, Mondelez International group, Cloetta AB, Golden Throat, Fisherman's Friend, Prestige Brands Inc, HALLS, Dabur India Limited, Churub, Strepsils, Cepac, Chlorhexidine
What Are the Major Trends Shaping the Throat Lozenges Market?
A significant trend emerging in the throat lozenges market is the introduction of innovative product offerings. Major players in the market are unveiling a variety of new and imaginative products to maintain their competitive edge. For instance, Taiho Pharmaceutical Co Ltd, a pharmaceutical firm based in Japan, launched PITAS throat troche in July 2022. This lozenge line, presented in a film-like format, is designed to alleviate symptoms such as throat pain, swelling, and discomfort. They adhere to the mouth's roof, permitting inconspicuous usage and efficiency during conversation. PITAS Medical Troche has a specific formulation distinguishing it as a quasi-drug, specifically designed for disinfecting the mouth and throat.
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What Are the Top Revenue-Generating Geographies in the Throat Lozenges Market?
North America was the largest region in the global throat lozenges market in 2024.Asia-pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the throat lozenges market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Throat Lozenges Market?
2. What is the CAGR expected in the Throat Lozenges Market?
3. What Are the Key Innovations Transforming the Throat Lozenges Industry?
4. Which Region Is Leading the Throat Lozenges Market?
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