How Has the Throat Lozenges Market Evolved Historically and What is its Current Size?
The throat lozenges market has seen considerable growth due to a variety of factors.
•The market size of throat lozenges has witnessed a robust growth over the past few years. It's estimated to soar from $5.1 billion in 2024 to $5.37 billion in 2025, projecting a compound annual growth rate (CAGR) of 5.3%.
This surge during the historical period can be linked to a greater occurrence of throat discomfort, heightened consumer awareness and self-care practices, inclination towards natural and herbal ingredients, lifestyle and environmental changes and well-executed marketing and branding strategies.
What is the Forecasted Market Size and CAGR for the Throat Lozenges Market?
The throat lozenges market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for a robust expansion in the throat lozenges market in the coming years, with its size projected to reach "$6.9 billion by 2029. This corresponds to a compound annual growth rate (CAGR) of 6.5%.
The factors contributing to growth during the projected period include the ongoing prevalence of respiratory issues, the introduction of innovative flavor variations, the increase in e-commerce and online retail transactions, health and wellness inclinations, and a global increase in respiratory health consciousness. Notable trends for the period include the rise in e-commerce, targeted advertising for special formulae, the effect of worldwide health events, the incorporation of calming herbs and extracts and a focus on customization and individualization.
What Are The Primary Growth Drivers In The Throat Lozenges Market?
The escalating occurrence of respiratory ailments is predicted to drive the future growth of the throat lozenges market. These diseases primarily impact the lungs and other elements of the respiratory system. Throat lozenges are frequently used in the treatment of these infections and illnesses. For example, the Forum of International Respiratory Societies (FIRS), a respiratory health advocacy organization based in the US, reported in September 2022 that approximately 200 million people worldwide were suffering from chronic obstructive pulmonary disease, or COPD, in 2022. This condition is responsible for close to 3.2 million deaths each year. Therefore, the increasing incidence of respiratory diseases is expected to fuel the throat lozenges market.
What Is The Segmentation Of The Global Throat Lozenges Market?
The throat lozenges market covered in this report is segmented –
1) By Type: Hard Candy Lozenges, Soft Lozenges, Compressed Lozenges
2) By Ingredient: Menthol, Mint, Eucalyptus Oil, Peppermint Oil, Honey And Ginger, Lemon, Other Ingredients
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channels
4) By Application: Sore Throat, Cough And Cold, Throat Diseases
Subsegments:
1) By Hard Candy Lozenges: Sugar-Based Hard Lozenges, Sugar-Free Hard Lozenges
2) By Soft Lozenges: Gel-Based Soft Lozenges, Non-Gel Soft Lozenges
3) By Compressed Lozenges: Medicinal Compressed Lozenges, Non-Medicinal Compressed Lozenges
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What Emerging Trends Are Shaping The Throat Lozenges Market Landscape?
The emergence of innovative product offerings is a prevalent trend in the throat lozenges market. The dominant players in this market are introducing diverse new and creative products to retain their market standing. For instance, Taiho Pharmaceutical Co Ltd., a pharmaceutical company based in Japan, introduced a product named PITAS throat troche in July 2022. This series of film-type lozenges is designed to help soothe throat pain, inflammation, and discomfort. They adhere to the mouth's roof, ensuring they can be used subtly and effectively during conversation. PITAS Medical Troche is a specially designed quasi-drug suitable for mouth and throat disinfection.
Who Are the Key Players in the Throat Lozenges Market?
Major companies operating in the throat lozenges market include:
• GlaxoSmithKline plc
• SSL International plc
• Thornton & Ross
• Pfizer Inc.
• The Procter & Gamble Company
• Bausch Health Companies Inc.
• Wrigley Company
• Reckitt Benckiser Group plc
• Gepach International
• Bliss GVS Pharma Ltd
• Sanofi S.A
• Ricola AG
• Honibe
• Ernest Jackson & Co Ltd
• Doetsch Grether AG
• Mondelez International group
• Cloetta AB
• Golden Throat
• Fisherman's Friend
• Prestige Brands Inc
• HALLS
• Dabur India Limited
• Churub
• Strepsils
• Cepac
• Chlorhexidine
What are the Regional Insights into the Throat Lozenges Market?
North America was the largest region in the global throat lozenges market in 2024.Asia-pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the throat lozenges market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
