Throat Lozenges Trends and Forecast
The future of the global throat lozenges market looks promising with opportunities in the hard candy lozenge, soft lozenge, and compressed lozenge markets. The global throat lozenges market is expected to grow with a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are increasing inclination towards natural and herbal ingredients, rising prevalence of throat irritations, and expanding health and wellness trends.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Throat Lozenges by Segment
The study includes a forecast for the global throat lozenges by type, flavor, throat problem, and region.
Throat Lozenges Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Hard Candy Lozenges
• Soft Lozenges
• Compressed Lozenges
Throat Lozenges Market by Flavor [Shipment Analysis by Value from 2018 to 2030]:
• Menthol
• Honey & Ginger
• Orange
• Lemon
• Others
Throat Lozenges Market by Throat Problem [Shipment Analysis by Value from 2018 to 2030]:
• Sore Throat
• Cough
Throat Lozenges Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Throat Lozenges Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies throat lozenges companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the throat lozenges companies profiled in this report include-
• Sanofi
• Thornton & Ross
• Traditional Medicinal
• Bliss GVS Pharma
• GlaxoSmithKline
• Honibe
• Reckitt Benckiser
• Ricola
• Prestige Consumer Healthcare
• Procter & Gamble
Throat Lozenges Market Insights
Lucintel forecasts that sore throat is expected to witness the highest growth over the forecast period.
Within this market, hard candy lozenge is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Throat Lozenges Market
Market Size Estimates: Throat lozenges market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Throat lozenges market size by type, flavor, throat problem, and region in terms of value ($B).
Regional Analysis: Throat lozenges market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, flavors, throat problems, and regions for the throat lozenges market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the throat lozenges market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for throat lozenges market?
Answer: The global throat lozenges market is expected to grow with a CAGR of 5.0% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the throat lozenges market?
Answer: The major drivers for this market are increasing inclination towards natural and herbal ingredients, rising prevalence of throat irritations, and expanding health and wellness trends.
Q3. What are the major segments for throat lozenges market?
Answer: The future of the throat lozenges market looks promising with opportunities in the hard candy lozenge, soft lozenge, and compressed lozenge markets.
Q4. Who are the key throat lozenges market companies?
Answer: Some of the key throat lozenges companies are as follows:
• Sanofi
• Thornton & Ross
• Traditional Medicinal
• Bliss GVS Pharma
• GlaxoSmithKline
• Honibe
• Reckitt Benckiser
• Ricola
• Prestige Consumer Healthcare
• Procter & Gamble
Q5. Which throat lozenges market segment will be the largest in future?
Answer: Lucintel forecasts that sore throat is expected to witness the highest growth over the forecast period.
Q6. In throat lozenges market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the throat lozenges market by type (hard candy lozenges, soft lozenges, and compressed lozenges), flavor (menthol, honey & ginger, orange, lemon, and others), throat problem (sore throat and cough), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Throat Lozenges Market, Throat Lozenges Market Size, Throat Lozenges Market Growth, Throat Lozenges Market Analysis, Throat Lozenges Market Report, Throat Lozenges Market Share, Throat Lozenges Market Trends, Throat Lozenges Market Forecast, Throat Lozenges Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.