Press release
Throat Lozenges High Usage For Sore Throat Treatment Holds The Highest Share
During the projected period, the market for throat lozenges is anticipated to grow from a value of US$ 5.4 billion in 2022 to US$ 6.5 billion by 2026, at a CAGR of 4.8%. Approximately 60% of the market for throat lozenges worldwide is made up of hard candy lozenges. These are being stocked widely by pharmacy chains, which is expected to increase demand for hard candy lozenges globally.A throat lozenge, often referred to as a cough sweet, cachou cough drop, or troche, is a prescription medication tablet that soothes coughing and melts slowly in the mouth. The little tablet soothes inflamed throat tissues by relaxing and lubricating them. Growth in the market is being driven by an increase in throat disorders.
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Which Indication is Expected to Dominate Demand for Throat Lozenges?
Over the projected period, sore throat is anticipated to account for the largest market share for throat lozenges. Throat lozenges are advised for people who have a sore throat. A bacterial infection or a virus can both produce sore throats (streptococcus infection). According to medical professionals, 15% to 20% of sore throats are caused by bacterial infections, whereas 50% of sore throats are caused by viral infections.
Microorganisms like Mycoplasma pneumonia, Streptococcus, Neisseria gonorrhoea, and Chlamydia pneumonia are responsible for sore throats. Redness, throat swelling, and swallowing issues are all signs of a sore throat. The market demand is driven by the creation of promising new treatments and the rising use of throat lozenges for sore throats.
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
What insights this research provides to readers?
• Throat Lozenges fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Throat Lozenges player.
• Various regulations imposed by the governments on the consumption of Throat Lozenges in detail.
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Based on precise data trends and classification, we provide one of the most thorough and understandable regional breakdowns of the global Throat Lozenges market. With regard to a variety of industries, from developing markets to regional markets, our specialists provided insightful analysis. Expect a thorough examination of the most significant economies in the globe, both internationally and globally.
The most recent market research report, which is being distributed to a global audience, offers business forecasts, growth trends in important regions, and development developments. The thorough market research helps customers navigate the data and understand the analysis. A deeper understanding of the industry, thorough predictions, product production, and overall market income can all be aided by geographic market research.
Throat Lozenges Market: Segmentation
• Throat Lozenges Market by Type :
o Hard Candy Lozenges
o Soft Lozenges
o Compressed Lozenges
• Throat Lozenges Market by Indication :
o Sore Throat
o Cough & Cold
o Throat Diseases
• Throat Lozenges Market by Region :
o North America Throat Lozenges Market
o Europe Throat Lozenges Market
o Asia Pacific Throat Lozenges Market
o Latin America Throat Lozenges Market
o MEA Throat Lozenges Market
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Global Throat Lozenges 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,…