Report Description

Global Throat Lozenges Market By Type (Hard Candy Lozenges, Soft Lozenges & Compressed Lozenges), By Flavor (Menthol, Mint, Eucalyptus Oil & Others), By Throat Problem (Sore Throat, Cough & Others), By Region, Competition, Forecast & Opportunities, 2024

Global throat lozenges market is expected to continue witnessing growth over the next five years, owing to the growing ageing population, since elderly people often suffer from throat infection that increase the uptake of throat lozenges. Throat lozenges, commonly known as cough sweet, cough drop, cachou or troche, are small sized medicated tablets which are often considered as first-line treatment when people are suffering from common cold, flu or any other cause for a bad throat. Cold and cough is a common disease all over the world. Thus, the demand for treatments and medications to cure it is always high. Moreover, low price of throat lozenges, research & developments for new products and rapid product penetration in developing countries is further pushing demand for throat lozenges globally.

In terms of type, global throat lozenges market is categorized into hard candy lozenges, soft lozenges and compressed lozenges. Hard candy lozenges accounted for majority share in global throat lozenges market in 2018 on account of its availability in various flavors and shapes & sizes, which makes them popular among the people of different age groups.

Regionally, North America accounted for a significant share in global throat lozenges market in 2018. The growth of North America throat lozenges market is led by the presence of large number of throat lozenges manufacturers in the region along with increasing government spending and availability of a wide variety of product offerings. Moreover, cold temperature in the nations such as the US and Canada, accentuate the incidences of cold and cough, which in turn, is driving growth in North America throat lozenges market.

Global throat lozenges market is highly saturated due to the presence of a large number of local and multinational companies. Huge number of products are available in the market. Majority of the companies are focusing on cost-effective medication while some has adopted strategies of acquisitions and strategic alliances for growth in the market.  Some of the major players operating in global throat lozenges market are Pfizer Inc., The Procter & Gamble Company, GlaxoSmithKline plc, Prestige Brands Holdings Inc., Bausch Health Companies Inc. among others.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of global throat lozenges market.
  • To classify and forecast global throat lozenges market based on type, flavor, throat problem and regional distribution.
  • To identify drivers and challenges for global throat lozenges market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc., in global throat lozenges market.
  • To conduct pricing analysis for global throat lozenges market.
  • To identify and analyze the profile of leading players involved in global throat lozenges market.

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Some of the leading players in global throat lozenges market are Pfizer Inc., The Procter & Gamble Company, GlaxoSmithKline plc, Prestige Brands Holdings Inc., Bausch Health Companies Inc., Reckitt Benckiser Group plc, Ricola AG, Wm. Wrigley Jr. Company, Bliss GVS Pharma Ltd., Thornton & Ross Ltd. etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated the market size of global throat lozenges market using a bottom-up approach, wherein data for various application across various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Throat lozenges manufacturers, suppliers, distributors and stakeholders
  • Throat lozenges raw material suppliers
  • Potential investors
  • Organizations, forums and alliances related to throat lozenges market
  • Research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global throat lozenges market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Market, By Type:

o   Hard Candy Lozenges

o   Soft Lozenges

o   Compressed Lozenges

  •  Market, By Ingredient:
    • Menthol
    • Mint
    • Eucalyptus Oil
    • Peppermint Oil
    • Honey & Ginger
    • Lemon
    • Others
  • Market, By Throat Problem:
    • Sore Throat
    • Cough
    • Others
  • Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • Australia
      • South Korea
      • Thailand
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Russia
      • Netherlands
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global throat lozenges market.

Available Customizations

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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