Throat Lozenge Market Key Highlights:
- Market Size (2024): USD 5.40 Billion
- Projected Market Size (2034): USD 8.72 Billion
- CAGR (2024-2034): 4.9%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Throat Lozenge Market Definition
The throat lozenges market is a well-known sector of the medical industry. This industry manufactures small medicated tablets that temporarily stop throat issues, cough, and others. These lozenges are mainly manufactured using benzocaine, zinc gluconate glycine or pectin, and dextromethorphan. There are mostly two types of throat lozenges available in the market: menthol throat lozenges and non-menthol throat lozenges. This industry comprises a well-established distribution channel consisting of hospital pharmacies, retail pharmacies, and online pharmacies. This market is predicted to rise significantly with the growth in the overall healthcare industry.
The application of throat lozenges has increased rapidly due to the rising incidences of throat disorders around the world. These disorders include croup, laryngitis, tonsillitis, strep throat, tonsil stones, scarlet fever, snoring, acid reflux or Gerd, epiglottitis, and some others. In October 2024, Sootheez launched a new range of throat lozenges. These lozenges are found effective in curing several throat diseases.
Most of these diseases can be cured using throat lozenges in their initial stages. Thus, with the growing prevalence of throat diseases, the demand for throat lozenges is expected to increase significantly, thereby boosting market growth. The ongoing research and development associated with integrating probiotics with throat lozenges and producing throat lozenges with herbal extracts is expected to create numerous opportunities in the future.
Throat Lozenge Market Segmentation:
By Type
By Application
Throat Lozenge Market Companies:
- Ryukakusan Co.
- Ltd.
- Ricola
- Fisherman's Friend
- Nin jiom
- Comvita
- Vocalzone
- Good Health
- KANRO CO.
- LTD.
- UHA Mikakuto
- Zirkulin
- Golden Throat
- Wljhealth
- Guilin Sanjin Pharmaceutical Co.
- Ltd.
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