Throat lozenges are the medical or non-medical preparation intended for temporary relief from cold and cough. Due to changing lifestyle and increasing smoking has decrease the immune system of the people and make them more susceptible to get affected by virus and bacteria. Pediatric and geriatric population are also more susceptible to get affected by foreign organism. Increasing pediatric and geriatric population, changing lifestyle and increasing need for minimizing the healthcare expenditure are the major driving factor for the market. Whereas short term effect and availability of alternative therapies may hamper the growth of market.
Global throat lozenges market is expected to grow at a steady CAGR of 3.5% during forecasted period.
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Global throat lozenges market is segmented on the basis of ingredients types into menthol throat lozenges and non-menthol throat lozenges. Menthol throat lozenges is further segmented into eucalyptus oil, mint, peppermint oil and others. Non-menthol throat lozenges is further segmented into zinc gluconate glycine, pectin and other. On the basis of usage the market is segmented into pharmaceutical lozenges, antibacterial lozenges and others. And on the basis of application the market is segmented into cough and cold, throat soreness, throat diseases and other.
The major key player for the global throat lozenges market are
- Bliss GVS Pharma Ltd (India)
- GlaxoSmithKline Pharmaceuticals Limited (UK)
- Thornton & Ross
- Pfizer, Inc (US)
- Procter & Gamble (P&G) (US)
- united confections(US)
- August Storck KG (Germany)
- Roshen Confectionery Corp (Ukrain)
- Crown Confectionery Co. Ltd. (South Koera)
- CRM Group (Brazil)
- United Confections Throat lozenge (UK)
- Yildiz Holding (Turkey)
- Ezaki Glico Co., Ltd. (Japan)
- Perfetti (Italy)
- Hershey Foods Corp. (US)
Global throat lozenges market is highly saturated due to presence of a number of local and multinational companies. Huge number of products are available in the market. Majority of companies are focusing on cost effective medication while some has adopted strategies of acquisitions and strategic alliances for the growth of the market. Currently market throat lozenges are composed of an anesthetic, benzocaine and eucalyptus oil. Various brands are available in the market for throat lozenges that include Lakerol, Pastilles Juanola, Butter-Menthol, Chloraseptic, Strepsils, Vicks, Victory V, Sucrets and many more.
Bliss GVS Pharma Ltd. is an Indian pharmaceutical and company headquartered in Mumbai,
India. Company primarily manufactures wide category of products. Company is trying to develop their market in other countries and in 2014 they are awarded by the Indian Government for outstanding exports performance for the FY 2012-13. The major product of the company is Fricks which is a herbal variant of lozenges. This products are exported across the different countries and are suitable for adults and children over two years old.
Procter & Gamble Co. (P&G) is an American consumer goods corporation headquartered in Cincinnati, US. Company is primarily specializes in a wide range of cleaning agents, personal care and hygienic products. It is one of the leading company for the throat lozenges market. Vicks is one of the major brand of the company.
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Study objectives global throat lozenges market
- Detailed information about the present and forecasted market with its key players that influences the market on global scale.
- Detailed analysis of the market with respect to all the possible segmentation of the market.
- Detailed information about the factors affecting the growth of the global throat lozenges market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global throat lozenges
- Analysis of the market of the different factors like- Price Analysis, Supply Chain Analysis, Porters Five Force Analysis Etc.
- Detailed information on the possible segments and sub segments of the market. And regional analysis of the market- America, Europe, Asia Pacific and Middle East and Africa.
- Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Detailed information on trends and the opportunities in various regions.
- Throat lozenges manufacturing company
- Research and Development (R&D) Companies
- Contract Research Organizations (CROs)
- Medical Research Laboratories
- Academic Medical Institutes and Universities
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The report for global throat lozenges market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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