Throat Lozenges Market Research Report By Types (Hard candy lozenges, Soft lozenges, Compressed lozenges), Ingredient (Menthol, Mint, Eucalyptus oil, Peppermint oil, Honey & Ginger, Lemon, Others), Indication (Sore throat, cough and cold, Throat diseases) - Forecast till 2027
ID: MRFR/Pharma/0705-CR | February 2021 | Region: Global | 123 Pages
1 Report Prologue
2 Executive Summary
3 Market Introduction
3.1 Definition 19
3.2 Scope of the Study 19
3.3 Assumptions & Limitations 19
3.3.1 Assumptions 19
3.3.2 Limitations 19
3.4 Market Structure 20
4 Research Methodology
4.1 Research Process 22
4.2 Primary Research 23
4.3 Secondary Research 24
4.4 Market Size Estimation 25
4.5 Forecast Model 25
5 Market Dynamics
5.1 Introduction 27
5.2 Drivers 28
5.2.1 Rising incidences of cold and common cough 28
5.2.2 Growing pediatric and geriatric population 28
5.3 Restraints 28
5.3.1 Alternative Therapies and Treatment for Throat Infection 28
5.4 Opportunities 28
5.4.1 Development of innovative throat lozenges 28
6 Market Factor Analysis
6.1.1 R&D 30
6.1.2 Manufacturing 30
6.1.3 Distribution & Sales 30
6.1.4 Post-Sales Monitoring 30
6.2 Porter’s Five Forces Model 31
6.2.1 Bargaining Power of Suppliers 31
6.2.2 Bargaining Power of Buyers 31
6.2.3 Threat of New Entrants 31
6.2.5 Intense Rivalry 32
7 Throat Lozenges Market, By Type
7.1 Overview 34
7.1.1 Introduction 34
7.1.2 Hard candy lozenges 35
7.1.3 Soft lozenges 36
7.1.4 Compressed lozenges 36
8 Throat Lozenges Market, By Ingredient
8.1 Overview 38
8.1.1 Introduction 38
8.1.2 Menthol 39
8.1.3 Mint 40
8.1.4 Eucalyptus Oil 40
8.1.5 Peppermint Oil 41
8.1.6 Honey & Ginger 41
8.1.7 Lemon 42
8.1.8 Others 42
9 Throat Lozenges Market, By Indication
9.1 Overview 44
9.1.1 Introduction 44
9.1.2 Sore Throat 45
9.1.3 Cough and Cold 46
9.1.4 Throat Diseases 46
10 Global Throat Lozenges Market, By Region
10.1 Introduction 48
10.2 Americas 50
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.2.1 North America 52
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.2.1.1 U.S. 54
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.2.1.2 Canada 55
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.2.2 South America 57
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.3 Europe 59
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.3.1 Western Europe 61
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.3.1.1 Germany 63
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.3.1.2 U.K. 64
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.3.1.3 France 66
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.3.1.4 Italy 67
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.3.1.5 Spain 69
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.3.1.6 Rest of Western Europe 70
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.3.2 Eastern Europe 72
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.4 Asia Pacific 74
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.4.1 China 76
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.4.2 Japan 78
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.4.3 India 79
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.4.4 Australia 81
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.4.5 Republic of Korea 82
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.4.6 Rest of Asia Pacific 84
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.5 The Middle East and Africa 86
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.5.1 Middle East 88
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
10.5.2 Africa 89
Throat Lozenges Market, By Type
Throat Lozenges Market, By Ingredient
Throat Lozenges Market, By Indication
11 Competitive Landscape
11.1 Company Market Share Analysis 92
11.1.1 Introduction 92
12 Company Profiles
12.1 Thornton & Ross 94
12.1.1 Company Overview 94
12.1.2 Financial Overview 94
12.1.3 Products Offering 95
12.1.4 Key Developments 95
12.1.5 SWOT Analysis 95
12.1.6 Key Strategy 95
12.2 Bliss GVS Pharma Ltd 96
12.2.1 Company Overview 96
12.2.2 Financial Overview 96
12.2.3 Products Offering 97
12.2.4 Key Developments 97
12.2.5 SWOT Analysis 97
12.2.6 Key Strategy 97
12.3 Ernest Jackson 98
12.3.1 Company Overview 98
12.3.2 Financial Overview 98
12.3.3 Products Offering 98
12.3.4 Key Development 98
12.3.5 SWOT Analysis 98
12.3.6 Key Strategy 99
12.4 Gepach International 100
12.4.1 Company Overview 100
12.4.2 Financial Overview 100
12.4.3 Products Offering 100
12.4.4 Key Development 100
12.4.5 SWOT Analysis 100
12.4.6 Key Strategy 100
12.5 Wrigley Company 101
12.5.1 Company Overview 101
12.5.2 Financial Overview 101
12.5.3 5.3 Products Offering 101
12.5.4 Key Development 101
12.5.5 SWOT Analysis 101
12.5.6 Key Strategy 101
12.6 Ricola AG 102
12.6.1 Company Overview 102
12.6.2 Financial Overview 102
12.6.3 Products Offering 102
12.6.4 Key Developments 102
12.6.5 SWOT Analysis 102
12.6.6 Key Strategy 103
12.7 Reckitt Benckiser Group plc 104
12.7.1 Company Overview 104
12.7.2 Financial Overview 104
12.7.3 Products Offering 105
12.7.4 Key Developments 105
12.7.5 SWOT Analysis 105
12.7.6 Key Strategy 105
12.8 Mondelēz International group 106
12.8.1 Company Overview 106
12.8.2 Financial Overview 106
12.8.3 Products Offering 106
12.8.4 Key Developments 107
12.8.5 SWOT Analysis 107
12.8.6 Key Strategy 107
12.9 Prestige Brands, Inc. 108
12.9.1 Company Overview 108
12.9.2 Financial Overview 108
12.9.3 Products Offering 109
12.9.4 Key Developments 109
12.9.5 SWOT Analysis 109
12.9.6 Key Strategy 109
12.10 GlaxoSmithKline 110
12.10.1 Company Overview 110
12.10.2 Financial Overview 110
12.10.3 Products Offering 111
12.10.4 SWOT Analysis 111
12.10.5 Key Strategy 111
12.11 Procter & Gamble 112
12.11.1 Company Overview 112
12.11.2 Financial Overview 112
12.11.3 Products Offering 113
12.11.4 Key Developments 113
12.11.5 SWOT Analysis 113
12.11.6 Key Strategy 113
12.12 Pfizer, Inc. 114
12.12.1 Company Overview 114
12.12.2 Financial Overview 114
12.12.3 Products Offering 115
12.12.4 Key Development 115
12.12.5 SWOT Analysis 115
12.12.6 Key Strategy 115
12.13 Bausch Health Companies, Inc. 116
12.13.1 Company Overview 116
12.13.2 Financial Overview 116
12.13.3 Products Offering 117
12.13.4 Key Development 117
12.13.5 SWOT Analysis 117
12.13.6 Key Strategy 117
12.14 Doestsch Grether AG 118
12.14.1 Company Overview 118
12.14.2 Financial Overview 118
12.14.3 Products Offering 118
12.14.4 Key Developments 118
12.14.5 SWOT Analysis 118
12.14.6 Key Strategy 119
13 Appendix
13.1 Discussion Blue Print 121
14 List of Tables
TABLE 1 MARKET SYNOPSIS 17
TABLE 2 PRIMARY INTERVIEWS 22
TABLE 3 GLOBAL THROAT LOZENGES MARKET BY TYPE, 2020-2027 (USD MILLION) 35
TABLE 4 GLOBAL THROAT LOZENGES MARKET BY TYPE, FOR HARD CANDY LOZENGES 2020-2027 (USD MILLION) 35
TABLE 5 GLOBAL THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY REGION, 2020-2027 (USD MILLION) 35
TABLE 6 GLOBAL THROAT LOZENGES MARKET FOR SOFT LOZENGES, BY REGION, 2020-2027 (USD MILLION) 36
TABLE 7 GLOBAL THROAT LOZENGES MARKET FOR COMPRESSED LOZENGES, BY REGION, 2020-2027 (USD MILLION) 36
TABLE 8 GLOBAL THROAT LOZENGES MARKET BY INGREDIENT, 2020-2027 (USD MILLION) 39
TABLE 9 GLOBAL THROAT LOZENGES MARKET FOR MENTHOL, BY REGION, 2020-2027 (USD MILLION) 39
TABLE 10 GLOBAL THROAT LOZENGES MARKET FOR MINT, BY REGION, 2020-2027 (USD MILLION) 40
TABLE 11 GLOBAL THROAT LOZENGES MARKET FOR EUCALYPTUS OIL, BY REGION, 2020-2027 (USD MILLION) 40
TABLE 12 GLOBAL THROAT LOZENGES MARKET FOR PEPPERMINT OIL, BY REGION, 2020-2027 (USD MILLION) 41
TABLE 13 GLOBAL THROAT LOZENGES MARKET FOR HONEY & GINGER, BY REGION, 2020-2027 (USD MILLION) 41
TABLE 14 GLOBAL THROAT LOZENGES MARKET FOR LEMON, BY REGION, 2020-2027 (USD MILLION) 42
TABLE 15 GLOBAL THROAT LOZENGES MARKET BY INDICATION, 2020-2027 (USD MILLION) 45
TABLE 16 GLOBAL THROAT LOZENGES MARKET FOR SORE THROAT, BY REGION, 2020-2027 (USD MILLION) 45
TABLE 17 GLOBAL THROAT LOZENGES MARKET FOR COUGH AND COLD, BY REGION, 2020-2027 (USD MILLION) 46
TABLE 18 GLOBAL THROAT LOZENGES MARKET FOR THROAT DISEASES, BY REGION, 2020-2027 (USD MILLION) 46
TABLE 19 GLOBAL THROAT LOZENGES MARKET, BY REGION, 2020-2027 (USD MILLION) 48
TABLE 20 AMERICAS: THROAT LOZENGES MARKET, BY REGION, 2020-2027 (USD MILLION) 50
TABLE 21 AMERICAS THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 50
TABLE 22 AMERICAS THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 51
TABLE 23 AMERICAS THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 51
TABLE 24 AMERICAS THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 51
TABLE 25 NORTH AMERICA THROAT LOZENGES MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 52
TABLE 26 NORTH AMERICA THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 52
TABLE 27 NORTH AMERICA THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 52
TABLE 28 NORTH AMERICA THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 53
TABLE 29 NORTH AMERICA THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 53
TABLE 30 U.S. THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 54
TABLE 31 U.S. THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 54
TABLE 32 U.S. THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 54
TABLE 33 U.S. THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 55
TABLE 34 CANADA THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 55
TABLE 35 CANADA THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 55
TABLE 36 CANADA THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 56
TABLE 37 CANADA THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 56
TABLE 38 SOUTH AMERICA THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 57
TABLE 39 SOUTH AMERICA THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 57
TABLE 40 SOUTH AMERICA THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 57
TABLE 41 SOUTH AMERICA THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 58
TABLE 42 EUROPE: THROAT LOZENGES MARKET, BY REGION, 2020-2027 (USD MILLION) 59
TABLE 43 EUROPE THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 59
TABLE 44 EUROPE THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 60
TABLE 45 EUROPE THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 60
TABLE 46 EUROPE THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 60
TABLE 47 WESTERN EUROPE: THROAT LOZENGES MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 61
TABLE 48 WESTERN EUROPE THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 61
TABLE 49 WESTERN EUROPE THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 61
TABLE 50 WESTERN EUROPE THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 62
TABLE 51 WESTERN EUROPE THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 62
TABLE 52 GERMANY THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 63
TABLE 53 GERMANY THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 63
TABLE 54 GERMANY THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 63
TABLE 55 GERMANY THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 64
TABLE 56 U.K. THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 64
TABLE 57 U.K. THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 64
TABLE 58 U.K. THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 65
TABLE 59 U.K. THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 65
TABLE 60 FRANCE THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 66
TABLE 61 FRANCE THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 66
TABLE 62 FRANCE THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 66
TABLE 63 FRANCE THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 67
TABLE 64 ITALY THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 67
TABLE 65 ITALY THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 67
TABLE 66 ITALY THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 68
TABLE 67 ITALY THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 68
TABLE 68 SPAIN THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 69
TABLE 69 SPAIN THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 69
TABLE 70 SPAIN THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 69
TABLE 71 SPAIN THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 70
TABLE 72 REST OF WESTERN EUROPE THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 70
TABLE 73 REST OF WESTERN EUROPE THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 70
TABLE 74 REST OF WESTERN EUROPE THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 71
TABLE 75 REST OF WESTERN EUROPE THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 71
TABLE 76 EASTERN EUROPE THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 72
TABLE 77 EASTERN EUROPE THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 72
TABLE 78 EASTERN EUROPE THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 72
TABLE 79 EASTERN EUROPE THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 73
TABLE 80 ASIA PACIFIC: THROAT LOZENGES MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 74
TABLE 81 ASIA PACIFIC THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 75
TABLE 82 ASIA PACIFIC THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 75
TABLE 83 ASIA PACIFIC THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 75
TABLE 84 ASIA PACIFIC THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 76
TABLE 85 CHINA THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 76
TABLE 86 CHINA THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 76
TABLE 87 CHINA THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 77
TABLE 88 CHINA THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 77
TABLE 89 JAPAN THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 78
TABLE 90 JAPAN THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 78
TABLE 91 JAPAN THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 78
TABLE 92 JAPAN THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 79
TABLE 93 INDIA THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 79
TABLE 94 INDIA THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 79
TABLE 95 INDIA THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 80
TABLE 96 INDIA THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 80
TABLE 97 AUSTRALIA THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 81
TABLE 98 AUSTRALIA THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 81
TABLE 99 AUSTRALIA THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 81
TABLE 100 AUSTRALIA THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 82
TABLE 101 REPUBLIC OF KOREA THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 82
TABLE 102 REPUBLIC OF KOREA THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 82
TABLE 103 REPUBLIC OF KOREA THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 83
TABLE 104 REPUBLIC OF KOREA THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 83
TABLE 105 REST OF ASIA PACIFIC THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 84
TABLE 106 REST OF ASIA PACIFIC THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 84
TABLE 107 REST OF ASIA PACIFIC THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 84
TABLE 108 REST OF ASIA PACIFIC THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 85
TABLE 109 THE MIDDLE EAST AND AFRICA: THROAT LOZENGES MARKET, BY REGION, 2020-2027 (USD MILLION) 86
TABLE 110 THE MIDDLE EAST AND AFRICATHROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 86
TABLE 111 THE MIDDLE EAST AND AFRICA THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 87
TABLE 112 THE MIDDLE EAST AND AFRICA THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 87
TABLE 113 THE MIDDLE EAST AND AFRICA THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 87
TABLE 114 MIDDLE EAST THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 88
TABLE 115 MIDDLE EAST THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 88
TABLE 116 MIDDLE EAST THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 88
TABLE 117 MIDDLE EAST THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 89
TABLE 118 AFRICA THROAT LOZENGES MARKET, BY TYPE, 2020-2027 (USD MILLION) 89
TABLE 119 AFRICA THROAT LOZENGES MARKET FOR HARD CANDY LOZENGES, BY TYPE, 2020-2027 (USD MILLION) 89
TABLE 120 AFRICA THROAT LOZENGES MARKET, BY INGREDIENT, 2020-2027 (USD MILLION) 90
TABLE 121 AFRICA THROAT LOZENGES MARKET, BY INDICATION, 2020-2027 (USD MILLION) 90
15 List of Figures
FIGURE 1 GLOBAL THROAT LOZENGES MARKET: MARKET STRUCTURE 20
FIGURE 2 RESEARCH PROCESS 22
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACH 25
FIGURE 4 MARKET DYNAMICS ANALYSIS OF GLOBAL THROAT LOZENGES MARKET 27
FIGURE 5 SUPPLY CHAIN: GLOBAL THROAT LOZENGES MARKET 30
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS: GLOBAL THROAT LOZENGES MARKET 31
FIGURE 7 GLOBAL THROAT LOZENGES MARKET, BY TYPE, 2020 (% SHARE) 34
FIGURE 8 GLOBAL THROAT LOZENGES MARKET, BY TYPE, 2020 & 2027 34
FIGURE 9 GLOBAL THROAT LOZENGES MARKET, BY INGREDIENT, 2020 (% SHARE) 38
FIGURE 10 GLOBAL THROAT LOZENGES MARKET, BY INGREDIENT, 2020 & 2027 38
FIGURE 11 GLOBAL THROAT LOZENGES MARKET, BY INDICATION, 2020 (% SHARE) 44
FIGURE 12 GLOBAL THROAT LOZENGES MARKET, BY INDICATION, 2020 & 2027 44
FIGURE 13 GLOBAL THROAT LOZENGES MARKET, BY REGION, 2020 & 2027 (USD MILLION) 48
FIGURE 14 GLOBAL THROAT LOZENGES MARKET, BY REGION, 2020 (% SHARE) 49
FIGURE 15 AMERICAS: THROAT LOZENGES MARKET SHARE, BY REGION, 2020 (% SHARE) 50
FIGURE 16 EUROPE: THROAT LOZENGES MARKET SHARE, BY REGION, 2020 (% SHARE) 59
FIGURE 17 ASIA PACIFIC: THROAT LOZENGES MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 74
FIGURE 18 THE MIDDLE EAST AND AFRICA: THROAT LOZENGES MARKET SHARE, BY REGION, 2020 (% SHARE) 86
FIGURE 19 GLOBAL THROAT LOZENGES MARKET, MARKET SHARE ANALYSIS 2020 (% SHARE) 92
Throat Lozenges Market
Throat Lozenges Market is expected to witness a moderate CAGR of 4.31% and generate a market value of USD 6.58 Billion by the end of 2027
$6.58 Billion
Market Size
4.31%
CAGR
North America
Dominating Region
2020-2027
Forecast Period
Segmentation
Key Players
- Mondelēz International group
- Doetsch Grether AG
- Bliss GVS Pharma Ltd
- GlaxoSmithKline
- Ernest Jackson
- Thornton & Ross
- Reckitt Benckiser Group plc
- Bausch Health Companies Inc
- Ricola AG
Drivers
- Are sold in bulk and low-cost for the treatment
Throat Lozenges Market Overview
According to MRFR, the throat lozenges market is expected to witness a moderate CAGR of 4.31% and generate a market value of USD 6.58 Billion by the end of 2027.
COVID-19 Analysis
A positive effect of the COVID-19 pandemic is expected on the Throat Lozenges Market. The typical signs of COVID-19 are a sore throat and coughing. Therefore, people under home confinement have been using at-home remedies for COVID-19 such as throat lozenges for chronic cough and over-the-counter pain relief for body aches. Therefore, in the next 2 to 3 years, the growing demand for throat lozenges for the treatment of initial COVID-19 symptoms of coughing and throat pain is expected to fuel the growth of the throat lozenges market for throat lozenges. The growing demand for throat lozenges has also led to the production of throat lozenges by companies from different industries.
Market Dynamics
Drivers
Growing Prevalance of Sore Throat Causing Disorders to Drive Market Growth
Throat lozenges are sold in bulk and are low-cost for the treatment of sore throat caused by respiratory illnesses or common cold, similar to most medical options. Similarly, the growth of the demand for throat lozenges is also driven by a growing number of HIV patients around the world, since HIV patients typically suffer from throat infection. Furthermore, evolving habits will further stimulate the development of the demand for throat lozenges, as modern lifestyles are responsible for reducing the body's immunity. These are sold in various varieties and are Over-the-Counter (OTC) products, making them easy for patients to use. Often, at the time of buying, throat lozenges do not require any prescriptions, resulting in quick commercialization of the medication. Due to an improvement in at-home care of sore throat and cough, the ease of distribution of these items stimulates consumer moving. Throat lozenges brands continue to exploit marketing tools to improve the commercial exposure of their label. The production of new products, rapid product penetration in fast-developing markets, and low prices of throat lozenges are other factors correlated with the growth of the global demand for throat lozenges.
Opportunities
Product Innovation to Create Growth Avenues for Key Players
Innovative product offerings which are expected to yield business prospects in the coming years are gradually being launched by market players. Brands are adding new flavours, which have a positive impact on the throat lozenges market, to give buyers more options.
Restraints
Access to Alternative OTC medication to Impede Market Growth
The availability of alternative over-the-counter medication methods for throat infections has led to developments in medicine and continuing study & development of alternative as well as more efficient treatments. Non-steroidal anti-inflammatory medications (NSAIDs) are useful for pain management and inflammation control, often related to a sore throat or throat infection. The development of the throat lozenges market is threatened by other substitutes such as throat sprays, cough syrups and antiseptic gargling solutions.
Segmental Analysis
By Type
More than 45 percent of the market comprises hard candy lozenges that come in a range of shapes, sizes, and tastes that make them particularly popular with people of ages. Compressed lozenges are the fastest-growing segment that will evolve during the appraisal period at a CAGR of 4.35 percent. Long-lasting compressed lozenges and an extended breakdown period offer long-lasting relief.
By Ingredient
Menthol accounts for the most relevant ingredient category and is estimated to be worth USD 2084.62 Mn by the end of the appraisal period. Although the compound itself has few medicinal advantages, the taste is incredibly common, placing it in a position of leadership. With the highest estimated CAGR of 4.72 percent during the forecast period, eucalyptus oil accounts for the fastest rising category. Eucalyptus oil is a historically used antibacterial component attributed to long-lasting soothing properties, making it increasingly popular.
By Indication
With respect to market share, the sore throat segment is well ahead of all other categories. Meanwhile, the cough & cold segment, which is predicted to undergo the highest CAGR of 4.51%, is the fastest rising segment. Combined with elevated cases of common cold, the infectious aspect of cough & cold is expected to fuel development in the throat lozenges market.
Regional Analysis
Presence of Major Players Drives North America
North America and South America are broadly split between the Americas, with a share of over 70 percent in the North American throat lozenges market. Due to the emergence of an increasingly growing ageing demographic, the Americas is the main regional consumer segment. Moreover, rising government spending and the presence of a wide range of product options push the throat lozenges market. One of the most significant markets at the national level is the U.S. The American economy is projected to expand at a CAGR of 3.27 percent during the estimation period.
Germany to Drive Europe Market Growth
In terms of throat lozenges market size, Europe leads the Americas and follows a similar pattern of growth. As main factors for the sector, growing government spending and a rising birth rate have been established. The development of Europe's demand for throat lozenges is motivated by the emergence in the area of a significant number of suppliers of throat lozenges, along with growing government spending and the availability of a wide range of product offerings. In addition, cool temperatures in countries accentuate the occurrence of cold and cough, which in turn fuels demand in the demand for European throat lozenges.
Rising Awareness of OTC Medicines to Drive APAC
Meanwhile, it is anticipated that the Asia Pacific market will be the fastest growing throat lozenges market, with a CAGR of 4.77 percent during the projected period. Emerging economies such as China, Japan, and India are among the markets in the region. Main drivers of the APAC industry have been found to be fast economic development, awareness of over-the-counter medicine and its cost-effectiveness. The area has a large paediatric population and an increasing geriatric population that also leads to the development of regional markets.
Competitive Landscape
Mergers and Acuisitions to Remain Primary Focus of Market Players
There are several competitors competing in the global throat lozenges market. throat lozenges market is heavily saturated due to the involvement of a large number of local and multinational corporations. A vast variety of items on the market are available. The majority of businesses concentrate on cost-effective drugs, while others have embraced merger tactics and strategic partnerships for commercial expansion. Any of the major companies, taking advantage of their good position and presence in the number of countries and regions around the world, have gained a large share of the global throat lozenges market.
- Mondelēz International group
- Doetsch Grether AG
- Bliss GVS Pharma Ltd
- GlaxoSmithKline
- Ernest Jackson
- Thornton & Ross
- Reckitt Benckiser Group plc
- Bausch Health Companies Inc
- Ricola AG
- Prestige Brands Inc
- Procter & Gamble
- Wrigley Company
- Pfizer Inc.
- Gepach International
Recent Development
January 2021: The Moberg Pharma subsidiary has announced the issue of a BupiZenge-related European patent. The new patent covers the bupivacaine-containing extended release lozenge in order to treat or reduce discomfort in the oral cavity.
July 2020: Vitabeauti.com, a popular health and fitness e-commerce platform in the United States, now has the official Cool Day refreshing lozenges online.
March 2020: In reaction to the COVID-19 crisis, sweet maker Uncle Joe's Mint Balls moved production to its Throat And Chest and Herbal Cough lozenges.
Throat Lozenges Market Report Overview
Throat Lozenges Market By Type
- Hard candy lozenges
- Soft lozenges
- Compressed lozenges
Throat Lozenges Market By Ingredient
- Menthol
- Mint
- Eucalyptus oil
- Peppermint oil
- Honey & ginger
- Lemon
- Others
Throat Lozenges Market By Indication
- Sore throat
- Cough and cold
- Throat diseases
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size |
|
| CAGR | 4.31% (2021-2027) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Ingredient, Indication, |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Bausch Health Companies Inc, Procter & Gamble, Prestige Brands Inc, Wrigley Company, Reckitt Benkiser Group plc, Gepach International, Bliss GVS Pharma Ltd, Thornton & Ross, Ricola AG, Ernest Jackson, Mondelēz International group, GlaxoSmithKline, Pfizer Inc., Doestsch Grether AG |
| Key Market Opportunities | Product Innovation to Create Growth Avenues for Key Players |
| Key Market Drivers | Growing Prevalence of Sore Throat Causing Disorders |
Frequently Asked Questions (FAQ) :
The throat lozenges market is estimated to generate a valuation of USD 6000 MN by the year 2027.
At what CAGR is the throat lozenges market projected to grow during the forecast period (2020-2027)?
The throat lozenges market is estimated to grow at 4.2% CAGR during the forecast period (2020-2027).
North America holds the largest share in the throat lozenges market followed by Europe and Asia Pacific, respectively.
Thornton & Ross, Gepach International, Bliss GVS Pharma Ltd., Ricola AG, GlaxoSmithKline, Mondelēz International group, Pfizer Inc., Ernest Jackson, Doestsch Grether AG, Wrigley Company, Prestige Brands Inc., Reckitt Benkiser Group plc, Procter & Gamble, and Bausch Health Companies Inc., are some of the major players operating in the throat lozenges market.
Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global throat lozenges market adopt to gain a larger competitive advantage.
Numerous players are operating in the throat lozenges market. Some of the big players have captured a significant share in the global market, taking advantage of their strong position and presence in the number of countries and regions across the world.
The top players in the throat lozenges market Procter & Gamble, Mondelez International group, Reckitt Benckiser Group plc, Thornton & Ross, and GlaxoSmithKline.
Procter & Gamble accounted for 18.5% of the throat lozenges market share in 2017. It is one of the largest and fastest growing market players in consumer goods and healthcare segments.
Mondelez International group accounted for the second-largest market share of 17.3% in 2017. It operates in around 160 countries and is one of the major players in the throat lozenges market.
Reckitt Benckiser Group plc has a presence in more than 60 countries and deals in four business segments, namely health, hygiene, home, and portfolio brands. The company accounted for 15.2% of the total market share in 2017.
Thornton & Ross holds the fourth position in the throat lozenges market with a market share of 3.6%. It is one of the largest Over the Counter (OTC) medicine manufacturers in the UK and exports the products to more than 80 countries, around the globe.
GlaxoSmithKline plc operates in four segments, namely pharmaceuticals, pharmaceuticals R&D, vaccines, and consumer healthcare. The company offers healthcare products in the form of tablets, caplets, infant syrup drops, syrups, topical gels, nasal sprays, effervescent, lozenges, gum, and transdermal patches. It holds the fifth position in the throat lozenges market with a market share of 2.4%.
