Throat Lozenges Market Research Report-Forecast till 2027

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 PorterÔÇÖs 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 Mondel─ôz 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 PORTERÔÇÖS 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

Segmentation

By Types Hard Candy Lozenges Soft Lozenges Compressed Lozenges
By Ingredient Menthol Mint Eucalyptus Oil Peppermint Oil Honey & Ginger Lemon Others
By Indication Sore Throat Cough And Cold Throat Diseases

Key Players

  • Mondel─ôz 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
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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.



  • Mondel─ôz 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

  • 2023: USD 6.58 Billion
  • 2027: Significant Value
  •   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, Mondel─ôz 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


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    Frequently Asked Questions (FAQ) :

    The throat lozenges market is estimated to generate a valuation of USD 6000 MN by the year 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, Mondel─ôz 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%.