Throat Lozenges Market to Register High Demand Rate of 3.5% by 2023

Market Research Future adds new report of “Throat Lozenges Market Research Report - Global Forecast Till 2023” it contains Company information, geographical data and Table of Content

Competitive Analysis:

• Bliss GVS Pharma Ltd (India)
• GlaxoSmithKline Pharmaceutical Limited (UK)
• Thornton & Ross
• Pfizer Inc. (US)
• Procter & Gamble (P&G) (US)
• united confections(US)
• August Storck KG (Germany)
• Roshen Confectionery Corp (Ukrain)
• Crown Confectionery Co. Ltd. (South Koera)
• CRM Group (Brazil)
• United Confections Throat lozenge (UK)
• Yildiz Holding (Turkey)
• Ezaki Glico Co., Ltd. (Japan)
• Perfetti (Italy)

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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, and others. Non-menthol throat lozenges is further segmented into zinc gluconate glycine, pectin

• On the basis of Usage, the market is segmented into pharmaceutical lozenges, antibacterial lozenges

• On the basis of Application the market is segmented into cough and cold, throat soreness, throat diseases

Market Highlight:

The Throat Lozenges market is accruing and expected to gain further prominence over the forecast period mainly due to the growing prevalence of influenza or common cold and Throat infections.

According to a recent study report published by the Market Research Future, The global market of Throat Lozenges is projected to accrue at a rapid pace during the forecast period. The Market is forecasted to account for upsurge accretions by 2023with a CAGR of 3.5% during 2017 and 2023.

Throat lozenges, AKA cough drop help temporary relief from the sore throat or cough and lubricate tissues of throat that are affected from influenza or common cold. They are the tablets which dissolve in the mouth and give relief from common cough.

Global throat lozenges market is majorly driven by increasing prevalence of allergy and common cold. According to WHO, every year 10-15% of the world’s population suffers from common cold. Increasing awareness among the people about the management of the common diseases and increasing need for less healthcare expenditure has driven the growth of this market. Sometime throat lozenges are used to get relief form the short term cold and cough. Increasing paediatric and geriatric population and launching of many different products has provided fuel for the growth of the market. Whereas short term relief effect may restrain the growth of the market.

A sore throat gives a discomforting feeling like a thousand thorns are pricking the inner linear of throat while swallowing, along with the excruciating pain this is where throat lozenges come to aid promising a relief. Throat lozenges generally contain painkillers, antibacterial agents, antitussives, pectin, menthol and/or eucalyptus.

Throat lozenges market is predominantly driven by the growing prevalence of influenza or common cold and Throat infections. Additionally, Geriatric Populace attributed to their weaker immune system that fail to cop up with frequent throat infection; contributes to increase the sales of Throat lozenges eventually, fostering the market growth. Moreover, growing prevalence of chronic or lethal diseases like TB or HIV in which the immune system gets weaker to fight the infections provide impetus to the market growth up to a large extent. Also some people like the soothing effect that Throat lozenges offer or some may even consume it as a mouth freshener and some prefer a particular flavour among the various available flavours of it, all such preference factors add up to the market growth. Last but by no means least, smokers around the globe propel the Throat lozenges market extensively. Smoking causes frequent throat infection, TB, and lungs related diseases turning a smoker in to a hub for diseases. Throat lozenges are considered as a smoker’s companion. Hence smokers are always found chain chewing Throat lozenges, either to sooth the sore throat, get a temporary relief from the cough or to eradicate the tobacco flavour that lingers in the mouth and around the smoker. Considering all these factors smokers are considered as a predominant growth contributors to the market growth of Throat lozenges.

Patients suffering from pharyngitis or a sore throat are advised to administer Throat lozenges. Pharyngitis causes due to virus or bacterial infection/streptococcus infection. Approximately half of the sore throat cases attributed to viral infections and the rest occurs due to bacterial infections. Mycoplasma pneumonia, Streptococcus, Neisseria gonorrhoea and Chlamydia pneumonia are some of the bacteria that cause sore throat. Symptoms that occur in a patient suffering from sore throat include redness of throat, swollen throat and difficulty in swallowing.

Intended Audience

• Throat lozenges manufacturing company
• Research and Development (R&D) Companies
• Contract Research Organizations (CROs)
• Medical Research Laboratories
• Academic Medical Institutes and Universities

Browse Report Details @ https://www.marketresearchfuture.com/reports/throat-lozenges-market

Regional Analysis

On regional basis, America commands the largest market for the throat lozenges due to increasing awareness of among the people and changing lifestyle which is responsible for reducing immunity of the body. Europe accounts for the second largest market which is followed by Asia Pacific. However Asia Pacific is expecting a faster growth for the market due to presence of huge paediatric and geriatric population.

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This release was published on openPR.