Throat Lozenges Market Size Is Anticipated to Reach USD 6,000 Million at a 4.2 % CAGR By 2023
Throat Lozenges Market Size , Growth and Share Analysis by Types ( Hard candy lozenges , Soft lozenges , Compressed lozenges ), Ingredient ( Menthol , Mint , Eucalyptus oil , Peppermint oil , Honey & ginger , Lemon ), Indication ( Sore throat , Cough and cold , Throat diseases ) and Region , Forecast till 2023
Throat Lozenges Market Regional Analysis
By region , the throat lozenges market report covers the latest trends and growth opportunities across Europe , the Asia Pacific ( APAC ), North America , and the Middle East and Africa ( MEA ). Of these , North America will remain the driving force in the market over the forecast period . This is chiefly due to growing sales of over the counter medical products , especially throat lozenges .
The throat lozenges market in Europe is predicted to have a healthy growth over the forecast period . The prevalence of common cold is high in different parts of this region that is boosting the market growth .
The throat lozenges market in the APAC region is predicted to grow at the fastest pace while that in the Middle East and Africa is predicted to have a steady growth over the forecast period .
Throat Lozenges Market Analysis
Throat lozenges are also commonly known as troche , cachou , cough drop , or cough sweet . These are basically small medicated tablets . The Global
Throat Lozenges Market is predicted to touch USD 6,000 million at a 4.2 % CAGR during the forecast period ( 2018- 2023 ), as per the new Market Research Future ( MRFR ) report . They are diamond-shaped which gets dissolved in the mouth easily , thereby helping to offer temporary relief from coughs as well as other types of throat problems . Throat lozenges help in soothing and lubricating the tissues of the throat , which are affected due to common cold or influenza . Due to excessive smoking and changing lifestyles , people experience a decrease in their immune system , thereby becoming more susceptible to getting affected by bacteria and viruses . The geriatric and pediatric populations are highly susceptible to getting affected through the foreign organism .
Various factors are propelling the throat lozenges market growth . These factors , as per the new MRFR report , include the aging population as they tend to suffer more from a throat infection , a growing number of HIV patients , rising incidence of cough and cold , and development of new flavors and new ingredients . Additional factors pushing market growth