The Throat Lozenges Global Market Report 2023, provides comprehensive information on the throat lozenges market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global throat lozenges market size is expected to grow from $4.62 billion in 2022 to $4.89 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global throat lozenges market size is expected to reach $6.03 billion in 2027 at a CAGR of 5.4%.
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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 December 2020, Applied Biological Laboratories, a US-based biotechnology company, launched Biovanta, a 100% natural, safe, and effective over-the-counter drug for cough, cold, and sore throat. The product uses natural ingredients that provide maximum therapeutic benefit and are the most effective against respiratory inflammation.
The throat lozenges market is segmented:
1) By Type: Hard Candy Lozenges, Soft Lozenges, Compressed Lozenges
2) By Ingredient: Menthol, Mint, Eucalyptus Oil, Peppermint Oil, Honey And Ginger, Lemon, Other Ingredients
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channel
4) By Application: Sore Throat, Cough And Cold, Throat Diseases
North America was the largest region in the throat lozenges market in 2022.
The table of contents in TBRC’s throat lozenges market report includes:
1. Executive Summary
2. Throat Lozenges Market Characteristics
3. Throat Lozenges Market Trends And Strategies
4. Throat Lozenges Market – Macro Economic Scenario
5. Throat Lozenges Market Size And Growth
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26. Africa Throat Lozenges Market
27. Throat Lozenges Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Throat Lozenges Market
29. Throat Lozenges Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- GlaxoSmithKline plc
- SSL International plc
- Thornton & Ross
- Pfizer Inc
- The Procter & Gamble Company
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