Global Throat Lozenges Market Size To Exceed USD 8.15 Billion By 2035 | CAGR of 4.83%
Category: HealthcareGlobal Throat Lozenges Market Size to Exceed USD 8.15 Billion by 2035
According to a research report published by Spherical Insights & Consulting, the Global Throat Lozenges Market Size is Expected to Grow from USD 4.85 Billion in 2024 to USD 8.15 Billion by 2035, at a CAGR of 4.83% during the forecast period 2025-2035
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Browse key industry insights spread across 276 pages with 124 Market data tables and figures & charts from the report on the "Global Throat Lozenges Market Size, Share, and COVID-19 Impact Analysis, By Type (Hard Candy Lozenges, Soft Lozenges, And Compressed Lozenges), By Ingredient (Menthol, Mint, Eucalyptus Oil, Peppermint Oil, Honey & Ginger, Lemon, and Others), By Indication (Sore Throat, Cough and Cold, and Throat Diseases), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/throat-lozenges-market
The throat lozenges market is the industry encompassing the production, distribution, and sale of lozenges designed to soothe sore throats and ease related symptoms. A throat lozenge is a small, typically medicated tablet intended to be dissolved slowly in the mouth to temporarily stop coughs, lubricate, and soothe irritated tissues of the throat, possibly from the common cold or influenza. The trend of herbal remedies and their popularity is driving the demand for natural throat lozenges. An increasing emphasis on the innovative approach, including the integration of immune-boosting ingredients such as herbal extracts, vitamin C, and zinc, as well as the integration of probiotics in the formulations, is bolstering the throat lozenges market growth. An increasing prevalence of the common cold & cough, as well as consumer preference for OTC remedies, are driving the throat lozenges market. On the contrary, the availability of alternative throat relief products, such as sprays and syrups, as well as allergic side effects associated with the throat lozenges, is challenging the throat lozenges market.
The hard candy lozenges segment dominated the market with a major market share in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the type, the throat lozenges market is divided into hard candy lozenges, soft lozenges, and compressed lozenges. Among these, the hard candy lozenges segment dominated the market with a major market share in 2024 and is projected to grow at a substantial CAGR during the forecast period. Hard candy lozenges possess a long shelf life, come in various forms, including lollipops, candy canes, and rock candy.
The menthol segment accounted for the largest revenue share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the ingredient, the throat lozenges market is divided into menthol, mint, eucalyptus oil, peppermint oil, honey & ginger, lemon, and others. Among these, the menthol segment accounted for the largest revenue share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Menthol ingredient, aids in relieving the symptoms of sore throat, throat irritation, or cough by providing a cooling feeling and increasing salivation in the mouth.
The sore throat segment dominated the throat lozenges market in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the indication, the throat lozenges market is divided into sore throat, cough and cold, and throat diseases. Among these, the sore throat segment dominated the throat lozenges market in 2024 and is anticipated to grow at a significant CAGR during the forecast period. An increasing preference for OTC medications for common cold and flu remedies is contributing to driving the market demand in the sore throat segment.
North America is expected to hold the majority share of the global throat lozenges market during the forecast period.
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North America is expected to hold the majority share of the global throat lozenges market during the forecast period. The availability of strong products in retail and pharmacy chains in the United States and Canada is contributing to driving the market for throat lozenges. In addition, growth in the healthcare infrastructure with the increasing prevalence of respiratory illnesses, is propelling the market growth.
Asia Pacific is anticipated to grow at the fastest pace in the global Throat Lozenges market during the forecast period. The region’s fast economic growth, awareness about throat infections, and large population are responsible for regional market growth for throat lozenges. Further, the heightened awareness about OTC drugs and their affordability is responsible for escalating the market for throat lozenges.
Europe is anticipated to hold a significant revenue share of the throat lozenges market during the projected timeframe. The increasing cases of respiratory problems and increasing health & wellness awareness are significantly driving the market demand for throat lozenges. Government healthcare expenditure, coupled with increased accessibility of a diverse range of products, is contributing to driving the market.
Major vendors in the global throat lozenges market are Mondelez International group, Doetsch Grether AG, Bliss GVS Pharma Ltd, GlaxoSmithKline, Ernest Jackson, Thornton & Ross, Reckitt Benckiser Group plc, Bausch Health Companies Inc, Ricola AG, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In March 2023, Taiho Pharmaceutical Co. Ltd. announced that it has launched PITAS Medical Troche, a plum-flavored product, the seventh in the PITAS series of film throat lozenges via the Taiho Pharmaceutical Healthcare Online Shop.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the throat lozenges market based on the below-mentioned segments:
Global Throat Lozenges Market, By Type
- Hard Candy Lozenges
- Soft Lozenges
- Compressed Lozenges
Global Throat Lozenges Market, By Ingredient
- Menthol
- Mint
- Eucalyptus Oil
- Peppermint Oil
- Honey & Ginger
- Lemon
- Others
Global Throat Lozenges Market, By Indication
- Sore Throat
- Cough and Cold
- Throat Diseases
Global Throat Lozenges Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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