Global Throat Lozenges Market Is Expanding At A CAGR Of 4.8% During The Forecast Period 2022-2032
Throat Lozenges Market Outlook (2022-2026)
The global throat lozenges market is expected to rise from a valuation of US$ 5.4 billion in 2022 to US$ 6.5 billion by 2026, expanding at a CAGR of 4.8% during the forecast period.
Hard candy lozenges account for around 60% share of the global throat lozenges market. Pharmacy chains are stocking these on a big scale, which is projected to drive hard candy lozenge sales across the world.
Key Segments Covered in Throat Lozenges Industry Research
Throat Lozenges Market by Type :
- Hard Candy Lozenges
- Soft Lozenges
- Compressed Lozenges
Throat Lozenges Market by Indication :
- Sore Throat
- Cough & Cold
- Throat Diseases
Throat Lozenges Market by Region :
- North America Throat Lozenges Market
- Europe Throat Lozenges Market
- Asia Pacific Throat Lozenges Market
- Latin America Throat Lozenges Market
- MEA Throat Lozenges Market
Throat lozenge manufacturers are focused on constant innovation and new product launches infused with natural herbs and components. Throat lozenge sprays are part of new product lines, which are designed to soothe and ease sore throat symptoms.
For instance :
- Comvita launched a range of UMF certified Manuka honey-based products for children to cure cough and sore throat.
- Reckitt, a manufacturer of over-the-counter cough and cold medicines, announced the launch of Mucinex InstaSoothe, a new line of products.