Press release
Throat Lozenges Market Size, Insights, Growth Rate, Trends Analysis And Forecast To 2033
Throat Lozenges Market Size
According to The Business Research Company's, The throat lozenges market size has grown strongly in recent years. It will grow from $4.89 billion in 2023 to $5.16 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to increased incidence of throat discomfort, consumer awareness and self-care trends, preference for natural and herbal ingredients, change in lifestyles and environmental factors, marketing and branding strategies..
The throat lozenges market size is expected to see strong growth in the next few years. It will grow to $6.45 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to continued prevalence of respiratory conditions, innovation in flavor profiles, e-commerce and online retail growth, health and wellness trends, global respiratory health awareness.. Major trends in the forecast period include e-commerce growth, targeted marketing for specialty formulations, global health events impact, inclusion of soothing herbs and extracts, customization and personalization..
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/throat-lozenges-global-market-report
Market Drivers and Trends:
The increasing prevalence of respiratory diseases is expected to propel the throat lozenges market going forward. Respiratory diseases refer to a type of disease that affects the lungs and other parts of the respiratory system. Throat lozenges are used to treat respiratory tract infections and diseases. For instance, in September 2022, according to the Forum of International Respiratory Societies (FIRS), a US-based respiratory health advocacy organization, in 2022, globally around 200 million people are affected with chronic obstructive pulmonary disease, or COPD, accounting for roughly 3.2 million deaths annually. Therefore, the increasing prevalence of respiratory diseases will drive the throat lozenges market.
Innovative product offerings are a key trend gaining popularity in the throat lozenges market. Major companies in the throat lozenges market are launching various new and innovative products to sustain their position in the market. For instance, in July 2022, Taiho Pharmaceutical Co Ltd., a Japan-based pharmaceutical company, launched PITAS throat troche. It is a series of film-type lozenges designed to relieve throat pain, swelling, and discomfort. They stick to the roof of the mouth, allowing for discreet use and effectiveness while talking. PITAS Medical Troche is a designated quasi-drug specifically formulated for mouth and throat disinfection.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=10824&type=smp
Major Key Players of the Market:
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; Mondelēz International group; Cloetta AB; Golden Throat; Fisherman's Friend; Prestige Brands Inc; HALLS; Dabur India Limited; Churub; Strepsils; Hydrocortisone; Lidocaine; Benzocaine; Phenol; Menthol; Eucalyptus; Cepac; Chlorhexidine; Alcohol; Sucrose; Sorbitol; Mannitol;
Throat Lozenges Market 2024 Key Insights:
• The throat lozenges market will grow to $6.45 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.
• Surging Prevalence Of Respiratory Diseases Drives Growth In The Throat Lozenges Market
• Throat Lozenges Market Advances With Innovative Products
• North America was the largest region in the global throat lozenges market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=10824&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Throat Lozenges Market Size, Insights, Growth Rate, Trends Analysis And Forecast To 2033 here
News-ID: 3751057 • Views: …
More Releases from The Business Research Company
Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Foam Tape Market Grow by 2025 in Terms of Size and Growth?
In recent times, there has been significant growth in the market size for foam tape. It is projected to escalate from $10.02 billion in 2024 to $10.77 billion in 2025, demonstrating a compound annual growth rate (CAGR)…
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Continuous Positive Airway Pressure (CPAP) Mask Market from 2024 to 2025?
In recent times, the market size of the continuous positive airway pressure (cpap) mask has seen robust growth. The market is projected to rise from $2.83 billion in 2024 to $3 billion in 2025,…
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis R …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Alkyd Coating Market Outlook: How is the Market Expected to Grow by 2025?
The market size of alkyd coatings has experienced significant growth in the past few years. The market is projected to expand from $25.13 billion in 2024 to $26.74 billion in 2025, exhibiting a compound annual growth rate…
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Water Free Skincare Market Value Projection: How Much Will the Market Size by 2025?
The market size of waterless skincare has experienced a robust increase in recent years. The expected growth is from $15.96 billion in 2024 to $17.15 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.…
More Releases for Throat
Surging Prevalence Of Respiratory Diseases Drives Growth In The Throat Lozenges …
The Throat Lozenges Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Throat Lozenges Market?
The Throat Lozenges Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores…
ENT (Ear, Nose, and Throat) Devices Market Overview: Advancements in Medical Tec …
Comprehensive Insight into the ENT (Ear, Nose, and Throat) Devices Market: Unveiling Market Trends
Covering a wide range of devices such as hearing aids, endoscopes, tympanometers, rhinometers, laryngoscopes, and nasal splints, ENT devices are key players in addressing various disorders, including hearing loss, sinusitis, tonsillitis, and laryngeal disorders. The market is in a state of continuous innovation, driven by technological advancements that integrate digital and wireless technologies into hearing aids, develop…
Throat Lozenges High Usage For Sore Throat Treatment Holds The Highest Share
During the projected period, the market for throat lozenges is anticipated to grow from a value of US$ 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,…
Sore Throat - When To See A Doctor?
Sore throat is one of the most common reasons due to which people fall sick. The only way to treat throat pain is to wait and try some home remedies. The frequency of people falling sick and suffering from sore throat increases manifold during seasonal allergies, or when the weather is changing.
Visit Now: https://www.pristyncare.com/gurgaon/c/ent/
When To Visit A Doctor For Sore Throat?
Although a sore throat is not something to be…
Throat Lozenges Market Predicted To Perceive a Distinctive Growth by MRFR with I …
Market Research Future Published a Premium Research Report on Global “Throat Lozenges Market” which Give Detailed Information about the Factors Affecting the Growth of the Global Throat lozenges industry – Outlet 2018 to 2023
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, peppermint oil…
Throat Lozenges Market:Competitive Dynamics & Global Outlook 2025
This study researches the market size of Throat Lozenges, presents the global Throat Lozenges sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
This report focuses on the key data information of Throat Lozenges in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of…
