Throat Lozenges Market: By Type (Hard candy lozenges, Soft lozenges, Compressed lozenges), By Flavour (Menthol, Lemon, Eucalyptus oil, Peppermint oil, Honey & Ginger, and Others), and By Throat Problem (Sore throat, Cough and cold, Throat diseases) - Forecast 2027

ID: VPR/HC/1263 Publishing Year: November 2021 Pages: 135 Format:   


Throat Lozenges Market Overview:

Global Throat Lozenges Market was valued at $ 5.7 billion in 2020 and is expected to reach $ 7.7 billion by 2027, registering a CAGR of 4.39% from 2021 to 2028.

The Global Throat Lozenges Market is anticipated to benefit from the COVID-19 epidemic. COVID-19 symptoms include a sore throat and coughing. As a result, individuals confined to their homes have been utilizing COVID-19 at-home treatments such as throat lozenges for persistent cough and over-the-counter pain relievers for bodily pains. As a result, the market for Throat Lozenges is anticipated to increase in the next 2 to 3 years due to rising demand for the treatment of early COVID-19 symptoms of coughing and throat discomfort. The increasing demand for throat lozenges has resulted in throat lozenge manufacturing by a variety of businesses.

Throat lozenges, also known as cough sweets, cough drops, cachou, or troche, are medicinal pills that are small-sized. The term "lozenge" refers to rhombus-shaped diamonds. Throat lozenges are diamond-shaped pills that dissolve quickly in the mouth and provide temporary relief from coughs and other throat issues. It soothes and lubricates throat tissues that have been impacted by influenza or a regular cold. Throat lozenges are made out of an anesthetic, benzocaine, and eucalyptus oil in the present market situation. When making non-menthol throat lozenges, pectin or zinc gluconate glycine is used. Dextromethorphan is also included in most throat lozenges. Butter-Menthol, Chloraseptic, Gorpils, Fisherman's Friend, Halls, Lockets, Läkerol, Pastilles Juanola, Luden's, Ricola, Robitussin, Strepsils, and Smith Brothers are some of the throat lozenge brands available. Tunes, Vigroids, Vicks, Victory V, Sucrets, and CVS Throat Drops are some of the other brands.

The availability of over-the-counter medications for throat infections has prompted advances in medicine and the ongoing research and development of alternative and more effective therapies. Non-steroidal anti-inflammatory drugs (NSAIDs) are often used to treat pain and inflammation caused by a sore throat or a throat infection. Other alternatives, such as throat sprays, cough syrups, and antiseptic gargling solutions, are threatening the growth of the throat lozenges industry.

Key Players:

  • GlaxoSmithKline
  • Ernest Jackson
  • Thornton & Ross
  • Reckitt Benckiser Group plc
  • Bausch Health Companies Inc
  • Ricola AG
  • Prestige Brands Inc
  • Procter & Gamble
  • Wrigley Company
  • Pfizer Inc.
  • Gepach International

Segmental Analysis:

By Type

  • Hard candy lozenges
  • Soft lozenges
  • Compressed lozenges

By Flavour

  • Menthol
  • Lemon
  • Eucalyptus oil
  • Peppermint oil
  • Honey & Ginger
  • Others

By Throat Problem

  • Sore throat
  • Cough and cold
  • Throat diseases

By Region

  • North America
  • Europe
  • Latin America
  • APAC
  • Middle East and Africa

Regional Analysis:

Because of the high number of throat lozenges producers, North America accounted for the biggest share of the worldwide Throat Lozenges Market in 2015. Furthermore, winter temperatures in countries such as the United States and Canada exacerbate the occurrences of cold and cough in the population, boosting the development of the Throat Lozenges Market in the area. Because of its high elderly population, Europe accounted for the second-highest proportion of the worldwide Throat Lozenges Market.

Europe follows the Americas and has a similar growth trend. Growing government expenditure and a rising birth rate have been identified as key drivers of the industry. The emergence in the field of a considerable number of throat lozenge providers, coupled with increasing government expenditure and the availability of a broad variety of product options, has fuelled the growth of Europe's market for Throat Lozenges. Furthermore, colder weather in nations exacerbates the incidence of colds and coughs, fuelling demand for European throat lozenges.



Frequently Asked Questions
Throat Lozenges Market is predicted to grow at 4.39% through forecast period of 2020-2027.
By 2027, worth USD 7.7 Billion is estimated for the global market.
The market for Throat Lozenges is anticipated to increase in the next 2 to 3 years due to rising demand for the treatment of early COVID-19 symptoms of coughing and throat discomfort. The increasing demand for throat lozenges has resulted in throat lozenge manufacturing by a variety of businesses.
GlaxoSmithKline, Ernest Jackson, Thornton & Ross, Reckitt Benckiser Group plc, Bausch Health Companies Inc, Ricola AG, Prestige Brands Inc, Procter & Gamble, Wrigley Company, Pfizer Inc., Gepach International.

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