Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Throat Lozenges Market: By Product, By Application, By Flavor, By Distribution Channel and Region Forecast 2019-2030
Throat Lozenges Market size was valued at US$ 4,627.3 million in 2023 and is poised to grow at 8.4% CAGR over the forecast years to reach US$ 8,138.3 million by 2030. The throat lozenges market is expected to witness steady growth in the coming years, driven by several factors rising prevalence of respiratory problems, focus on cost-effective solutions, and innovation in flavors and ingredients. Respiratory problems such as colds, coughs, and sore throats are common occurrences, and lozenges offer a convenient and soothing remedy. Increasing urbanization and pollution levels can further contribute to respiratory issues, driving demand for lozenges.
Lozenges are generally perceived as a more affordable option compared to other cough and cold medications, making them attractive to cost-conscious consumers and manufacturers are developing lozenges with new and innovative flavors, as well as incorporating natural ingredients like honey and menthol, to cater to evolving consumer preferences. Growth in organic and natural lozenges, development of functional lozenges, and expansion into emerging markets are the opportunities in the throat lozenges market having significant growth in upcoming years. Focus on premiumization, direct-to-consumer sales, and increased emphasis on branding and marketing are the trends in the throat lozenges market. However, the limited efficacy for certain conditions, competition from other cough suppressants, safety concerns over certain ingredients are the constraints in the throat lozenges market, which hinder the market growth.
Study Period
2024 - 2030Base Year
2023CAGR
8.4%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The throat lozenges market is growing due to the demand for natural and organic products is on the rise, and lozenges made with natural ingredients like honey and herbs present a significant break and lozenges with added functionalities, such as immune-boosting ingredients or vitamins, could attract new customer segments. The growing middle class in developing countries presents an opportunity for increased lozenge sales and manufacturers are introducing lozenges with premium ingredients and packaging to cater to a growing segment of consumers willing to pay more for perceived quality. Additionally, Online platforms are becoming increasingly popular for purchasing lozenges, offering convenience and wider product selection to consumer and eye-catching packaging and targeted marketing campaigns can play a crucial role in influencing consumer preferences within the lozenge market.
Report Benchmarks |
Details |
Report Study Period |
2024 - 2030 |
Market Size in 2023 |
US$ 4,627.3 million |
Market Size in 2030 |
US$ 8,138.3 million |
Market CAGR |
8.4% |
By Type |
|
By Application |
|
By Flavor |
|
By Distribution Channel |
|
By Region |
|
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The throat lozenges market was valued at US$ 4,627.3 million in 2023 and is projected to grow at 8.4% CAGR over the forecast years to reach US$ 8,138.3 million by 2030.
Throat lozenges are small, medicated tablets that are intended to be dissolved slowly in the mouth to temporarily stop coughs, lubricate, and soothe irritated tissues of the throat. They are commonly used to treat coughs, sore throats, and irritations in the mouth and throat.
• Rising prevalence of respiratory problems • Focus on cost-effective solutions • Innovation in flavors and ingredients
• The limited efficacy for certain conditions • Competition from other cough suppressants • Safety concerns over certain ingredients
• Growth in organic and natural lozenges • Development of functional lozenges • Expansion into emerging markets
North America is the dominating region in the throat lozenges market.
1. Executive Summary |
2. Global Throat Lozenges Market Introduction |
2.1. Global Throat Lozenges Market Taxonomy |
2.2. Global Throat Lozenges Market Definitions |
2.2.1. Product |
2.2.2. Application |
2.2.3. Flavor |
2.2.4. Distribution Channel |
3. Global Throat Lozenges Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Throat Lozenges Market Dynamic Factors - Impact Analysis |
3.6. Global Throat Lozenges Market Competition Landscape |
4. Global Throat Lozenges Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Throat Lozenges Market Forecast, By Product, 2019 - 2023 and Forecast, 2024 - 2030 |
5.1. Hardcandy Lozenges |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Soft Lozenges |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Compressed Lozenges |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Throat Lozenges Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 |
6.1. Nicotine Replacement |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Soar Throat |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Cold & Cough |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Vitamin Supplements |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Throat Lozenges Market Forecast, By Flavor, 2019 - 2023 and Forecast, 2024 - 2030 |
7.1. Strawberry |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Lemon |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Ginger |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Orange |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Menthol |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Others |
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.6.3. Market Opportunity Analysis |
8. Global Throat Lozenges Market Forecast, By Distribution Channel, 2019 - 2023 and Forecast, 2024 - 2030 |
8.1. Hospital Pharmacies |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Retail Pharmacies |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Online Stores |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Others |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9. Global Throat Lozenges Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia-Pacific |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Latin America |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Middle East and Africa |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
9.6. Global Throat Lozenges Market - Opportunity Analysis Index, By Product, By Application, By Flavor, By Distribution Channel, and Region, 2021 - 2026 |
10. North America Throat Lozenges Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
10.1. Product Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.1.1. Hardcandy Lozenges |
10.1.2. Soft Lozenges |
10.1.3. Compressed Lozenges |
10.2. Application Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Nicotine Replacement |
10.2.2. Soar Throat |
10.2.3. Cold & Cough |
10.2.4. Vitamin Supplements |
10.2.5. Others |
10.3. Flavor Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Strawberry |
10.3.2. Lemon |
10.3.3. Ginger |
10.3.4. Orange |
10.3.5. Menthol |
10.3.6. Others |
10.4. Distribution Channel Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Hospital Pharmacies |
10.4.2. Retail Pharmacies |
10.4.3. Online Stores |
10.4.4. Others |
10.5. Country Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.5.1. USA |
10.5.2. Canada |
10.6. North America Throat Lozenges Market - Opportunity Analysis Index, By Product, By Application, By Flavor, By Distribution Channel, and Country, 2021 - 2026 |
10.7. North America Throat Lozenges Market Dynamics Trends |
11. Europe Throat Lozenges Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
11.1. Product Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.1.1. Hardcandy Lozenges |
11.1.2. Soft Lozenges |
11.1.3. Compressed Lozenges |
11.2. Application Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Nicotine Replacement |
11.2.2. Soar Throat |
11.2.3. Cold & Cough |
11.2.4. Vitamin Supplements |
11.2.5. Others |
11.3. Flavor Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Strawberry |
11.3.2. Lemon |
11.3.3. Ginger |
11.3.4. Orange |
11.3.5. Menthol |
11.3.6. Others |
11.4. Distribution Channel Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Hospital Pharmacies |
11.4.2. Retail Pharmacies |
11.4.3. Online Stores |
11.4.4. Others |
11.5. Country Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Germany |
11.5.2. UK |
11.5.3. France |
11.5.4. Spain |
11.5.5. Italy |
11.5.6. Russia |
11.5.7. Poland |
11.5.8. Rest of Europe |
11.6. Europe Throat Lozenges Market - Opportunity Analysis Index, By Product, By Application, By Flavor, By Distribution Channel, and Country, 2021 - 2026 |
11.7. Europe Throat Lozenges Market Dynamics Trends |
12. Asia-Pacific Throat Lozenges Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
12.1. Product Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.1.1. Hardcandy Lozenges |
12.1.2. Soft Lozenges |
12.1.3. Compressed Lozenges |
12.2. Application Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Nicotine Replacement |
12.2.2. Soar Throat |
12.2.3. Cold & Cough |
12.2.4. Vitamin Supplements |
12.2.5. Others |
12.3. Flavor Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Strawberry |
12.3.2. Lemon |
12.3.3. Ginger |
12.3.4. Orange |
12.3.5. Menthol |
12.3.6. Others |
12.4. Distribution Channel Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Hospital Pharmacies |
12.4.2. Retail Pharmacies |
12.4.3. Online Stores |
12.4.4. Others |
12.5. Country Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.5.1. Japan |
12.5.2. China |
12.5.3. India |
12.5.4. ASEAN |
12.5.5. Australia & New Zealand |
12.5.6. Rest of Asia-Pacific |
12.6. Asia-Pacific Throat Lozenges Market - Opportunity Analysis Index, By Product, By Application, By Flavor, By Distribution Channel, and Country, 2021 - 2026 |
12.7. Asia-Pacific Throat Lozenges Market Dynamics Trends |
13. Latin America Throat Lozenges Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
13.1. Product Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.1.1. Hardcandy Lozenges |
13.1.2. Soft Lozenges |
13.1.3. Compressed Lozenges |
13.2. Application Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Nicotine Replacement |
13.2.2. Soar Throat |
13.2.3. Cold & Cough |
13.2.4. Vitamin Supplements |
13.2.5. Others |
13.3. Flavor Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Strawberry |
13.3.2. Lemon |
13.3.3. Ginger |
13.3.4. Orange |
13.3.5. Menthol |
13.3.6. Others |
13.4. Distribution Channel Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Hospital Pharmacies |
13.4.2. Retail Pharmacies |
13.4.3. Online Stores |
13.4.4. Others |
13.5. Country Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Brazil |
13.5.2. Mexico |
13.5.3. Argentina |
13.5.4. Rest of Latin America |
13.6. Latin America Throat Lozenges Market - Opportunity Analysis Index, By Product, By Application, By Flavor, By Distribution Channel, and Country, 2021 - 2026 |
13.7. Latin America Throat Lozenges Market Dynamics Trends |
14. Middle East and Africa Throat Lozenges Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
14.1. Product Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.1.1. Hardcandy Lozenges |
14.1.2. Soft Lozenges |
14.1.3. Compressed Lozenges |
14.2. Application Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.2.1. Nicotine Replacement |
14.2.2. Soar Throat |
14.2.3. Cold & Cough |
14.2.4. Vitamin Supplements |
14.2.5. Others |
14.3. Flavor Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Strawberry |
14.3.2. Lemon |
14.3.3. Ginger |
14.3.4. Orange |
14.3.5. Menthol |
14.3.6. Others |
14.4. Distribution Channel Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.4.1. Hospital Pharmacies |
14.4.2. Retail Pharmacies |
14.4.3. Online Stores |
14.4.4. Others |
14.5. Country Analysis 2015 - 2019 and Forecast 2021 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Gulf Cooperation Council (GCC) Countries |
14.5.2. Israel |
14.5.3. South Africa |
14.5.4. Rest of MEA |
14.6. MEA Throat Lozenges Market - Opportunity Analysis Index, By Product, By Application, By Flavor, By Distribution Channel, and Country, 2021 - 2026 |
14.7. MEA Throat Lozenges Market Dynamics Trends |
15. Competition Landscape |
15.1. Strategic Dashboard of Top Market Players |
15.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
15.2.1. Pfizer, Inc |
15.2.2. Procter & Gamble (P&G) |
15.2.3. GlaxoSmithKline Pharmaceuticals Limited |
15.2.4. Bliss GVS Pharma Ltd |
15.2.5. Thornton & Ross |
15.2.6. Crown Confectionery Co. Ltd. |
15.2.7. CRM Group |
15.2.8. United confections |
15.2.9. August Storck KG |
15.2.10. Roshen Confectionery Corp |
15.2.11. United Confections Throat lozenge |
15.2.12. Prestige Consumer Healthcare, Inc. |
15.2.13. Perfetti Van Melle |
15.2.14. Hershey Foods Corp. |
15.2.15. Yildiz Holding |
15.2.16. Ezaki Glico Co., Ltd. |
16. Research Methodology |
17. Key Assumptions and Acronyms |
Key Market Players