Press release
Throat Lozenges Market To Witness Steep Growth At A CAGR Of 4.8% Between 2023 - 2032: Fact.MR
Vitamins and herbal products are often used by people over the age of 50. The aging population is at higher risk of catching diseases and becoming sick. This is driving demand for a variety of items that improve overall body health and immunity while being cost-effective when compared to pharmaceutical treatment. HIV patients are at higher risk of contracting infections, and increasing HIV cases is a major market growth driver. Reduced immunity in people as a result of dietary changes and sedentary lifestyles also drives demand for lozenges, as these factors contribute to a rise in throat infections.
𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 - https://www.factmr.com/connectus/sample?flag=S&rep_id=7310
Throat lozenge manufacturers are working on variations enhanced with natural herbs and chemicals that boost immunity. Other market variables, such as increasing consumer expenditure capacities and considerable growth in the pharmaceutical business, are expected to propel the market forward.
𝗞𝗲𝘆 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻 𝗧𝗵𝗿𝗼𝗮𝘁 𝗟𝗼𝘇𝗲𝗻𝗴𝗲𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵
𝗧𝗵𝗿𝗼𝗮𝘁 𝗟𝗼𝘇𝗲𝗻𝗴𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗯𝘆 𝗧𝘆𝗽𝗲 :
Hard Candy Lozenges
Soft Lozenges
Compressed Lozenges
𝗧𝗵𝗿𝗼𝗮𝘁 𝗟𝗼𝘇𝗲𝗻𝗴𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗯𝘆 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗶𝗼𝗻 :
Sore Throat
Cough & Cold
Throat Diseases
𝗧𝗵𝗿𝗼𝗮𝘁 𝗟𝗼𝘇𝗲𝗻𝗴𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗯𝘆 𝗥𝗲𝗴𝗶𝗼𝗻 :
North America Throat Lozenges Market
Europe Throat Lozenges Market
Asia Pacific Throat Lozenges Market
Latin America Throat Lozenges Market
MEA Throat Lozenges Market
𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 - https://www.factmr.com/connectus/sample?flag=RC&rep_id=7310
𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝗱
• Bliss GVS Pharma Ltd.
• GlaxoSmithKline Plc
• Honibe
• Prestige Consumer Healthcare Inc.
• Reckitt Benckiser Group Plc
• Ricola AG
• Sanofi S.A
• Thornton & Ross Ltd.
• Traditional Medicinals, Inc.
𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆
• Global throat lozenges market to reach US$ 6.5 billion by 2026.
• Compressed lozenges expected to reach US$ 1.1 billion by 2026.
• Hard candy lozenges projected to record 5.2% CAGR from 2022 to 2026.
• Market in Canada to record 4.2% CAGR over forecast period.
• Asia Pacific market projected to reach around US$ 157.7 million by 2026.
• Market in Germany to record 4.5% CAGR over forecast period.
𝗪𝗶𝗻𝗻𝗶𝗻𝗴 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆
Companies are increasing their market share by investing in the creation of effective products with fewer side effects, as well as enhancing geographic penetration through partnerships and collaborations. As the standard of living rises, market players are increasingly focusing their efforts on developing products that match consumer needs.
For instance,
• Traditional Medicinals, a wellness tea company, introduced Throat Coat Lozenges, which contain menthol, pectin, natural ingredients, and essential oils.
𝗙𝗼𝗿 𝗶𝗻-𝗱𝗲𝗽𝘁𝗵 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗕𝘂𝘆 𝗡𝗼𝘄 - https://www.factmr.com/checkout/7310
𝗠𝗼𝗿𝗲 𝗩𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗼𝗻 𝗢𝗳𝗳𝗲𝗿
Fact.MR, in its new offering, presents an unbiased analysis of the global throat lozenges market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2026.
The study divulges essential insights on the market on the basis of type (hard candy lozenges, soft lozenges, and compressed lozenges) and indication (sore throat, cough & cold, and throat diseases), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).
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