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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Lozenges Market: By Product Type, By Application, By Ingredient, By Distribution Channel, and Geography
Lozenges Market size was valued at US$ 5,841.6 million in 2022 and is expected to grow at a CAGR of 4.9% from 2023 to 2029. Lozenges is a small, medicated tablet intended to dissolve slowly in the mouth. It helps in reducing cough by soothing the throat. Lozenges contain eucalyptus oil or benzocaine which gives an anaesthetic effect and helps in reducing throat pains. The geriatric populations are more prone to infections causing coughs and colds, the increasing number of geriatric patients, and increasing cold and cough disease incidence due to seasonal change are expected to drive the growth of the lozenges market at a significant rate over the forecast years. In addition, HIV patients are at high risk of throat infections, thus increase in HIV patients is expected to boost the market growth. furthermore, the availability of a large range of products, high usage of lozenges for sore throat, and growing prevalence of respiratory disease is expected to further fuel the market growth of the lozenges market over the forecast years. Whereas various factors like the lozenges are meant only for short-term relief and should be taken more frequently, and regulations regarding the lozenge’s efficiency, and availability of alternate OTC drugs for throat infections are expected to hinder the growth of lozenges market over the forecast years. However, the innovation of new products and increase of focus of key market players in manufacturing cost efficient lozenges are expected to provide a wider opportunity to the key market companies in the growth of lozenges market over the forecast years.
Lozenges Market Key Developments:
Study Period
2024-2030Base Year
2023CAGR
4.9%Largest Market
Asia PacificFastest Growing Market
North America
Lozenges market is expected to grow over the forecast period due to the increasing prevalence of infectious disease-causing cough and colds, seasonal changes, and increase in geriatric population. In addition, HIV patients are highly prone to throat infections, and children and geriatric populations are more prone to infectious disease due to their less immunity to fight against infectious disease are expected to boost the market growth. furthermore, several number of market players are focused in increasingly adopting business strategies such as the product launches, and long-term alliances, mergers and acquisitions to improve market revenue share over the forecast period.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2022 |
US$ 5,841.6 million |
Market CAGR |
4.9% |
By Product Type |
|
By Application |
|
By Ingredients |
|
By Distribution channel |
|
By Region |
|
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Lozenges market was valued at US$ 5,841.6 million in 2022
The Lozenges market is segmented based on product type, application, ingredient, distribution channel, and geography
The leading players in the global Lozenges market are Bliss GVS Pharma Ltd., Honibe, Procter & Gamble, Ricola AG, Sanofi SA, GlaxoSmithKline Pl, Reckitt Benckiser Group Plc, Traditional Medicinals Inc., Thorton & Ross Ltd., Pfizer.
1. Executive Summary |
2. Global Lozenges Market Introduction |
2.1.Global Lozenges Market - Taxonomy |
2.2.Global Lozenges Market - Definitions |
2.2.1.Product Type |
2.2.2.Application |
2.2.3.Ingredients |
2.2.4.Distribution channel |
2.2.5.Region |
3. Global Lozenges Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Lozenges Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Lozenges Market By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
5.1. Soft Lozenges |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Hard Candy Lozenges |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Lozenges Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
6.1. Sore Throat |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Cold & Cough |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Throat Disease |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Nicotine Replacement |
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Lozenges Market By Ingredients, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
7.1. Mint, Menthol |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Peppermint Oil |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Eucalyptus oil |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Honey & Ginger |
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Lemon |
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.6.3. Market Opportunity Analysis |
8. Global Lozenges Market By Distribution channel, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
8.1. Hospital Pharmacy |
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Retail Pharmacy |
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Online Pharmacy |
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9. Global Lozenges Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
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, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
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 (APAC) |
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10. North America Lozenges Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Soft Lozenges |
10.1.2.Hard Candy Lozenges |
10.1.3.Compressed Lozenges |
10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Sore Throat |
10.2.2.Cold & Cough |
10.2.3.Throat Disease |
10.2.4.Nicotine Replacement |
10.2.5.Others |
10.3. Ingredients Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Mint, Menthol |
10.3.2.Peppermint Oil |
10.3.3.Eucalyptus oil |
10.3.4.Honey & Ginger |
10.3.5.Lemon |
10.3.6.Others |
10.4. Distribution channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Hospital Pharmacy |
10.4.2.Retail Pharmacy |
10.4.3.Online Pharmacy |
10.4.4.Others |
10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11. Europe Lozenges Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Soft Lozenges |
11.1.2.Hard Candy Lozenges |
11.1.3.Compressed Lozenges |
11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Sore Throat |
11.2.2.Cold & Cough |
11.2.3.Throat Disease |
11.2.4.Nicotine Replacement |
11.2.5.Others |
11.3. Ingredients Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Mint, Menthol |
11.3.2.Peppermint Oil |
11.3.3.Eucalyptus oil |
11.3.4.Honey & Ginger |
11.3.5.Lemon |
11.3.6.Others |
11.4. Distribution channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Hospital Pharmacy |
11.4.2.Retail Pharmacy |
11.4.3.Online Pharmacy |
11.4.4.Others |
11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12. Asia Pacific (APAC) Lozenges Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Soft Lozenges |
12.1.2.Hard Candy Lozenges |
12.1.3.Compressed Lozenges |
12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Sore Throat |
12.2.2.Cold & Cough |
12.2.3.Throat Disease |
12.2.4.Nicotine Replacement |
12.2.5.Others |
12.3. Ingredients Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Mint, Menthol |
12.3.2.Peppermint Oil |
12.3.3.Eucalyptus oil |
12.3.4.Honey & Ginger |
12.3.5.Lemon |
12.3.6.Others |
12.4. Distribution channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Hospital Pharmacy |
12.4.2.Retail Pharmacy |
12.4.3.Online Pharmacy |
12.4.4.Others |
12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13. Middle East and Africa (MEA) Lozenges Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Soft Lozenges |
13.1.2.Hard Candy Lozenges |
13.1.3.Compressed Lozenges |
13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Sore Throat |
13.2.2.Cold & Cough |
13.2.3.Throat Disease |
13.2.4.Nicotine Replacement |
13.2.5.Others |
13.3. Ingredients Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Mint, Menthol |
13.3.2.Peppermint Oil |
13.3.3.Eucalyptus oil |
13.3.4.Honey & Ginger |
13.3.5.Lemon |
13.3.6.Others |
13.4. Distribution channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Hospital Pharmacy |
13.4.2.Retail Pharmacy |
13.4.3.Online Pharmacy |
13.4.4.Others |
13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14. Latin America Lozenges Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Soft Lozenges |
14.1.2.Hard Candy Lozenges |
14.1.3.Compressed Lozenges |
14.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Sore Throat |
14.2.2.Cold & Cough |
14.2.3.Throat Disease |
14.2.4.Nicotine Replacement |
14.2.5.Others |
14.3. Ingredients Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Mint, Menthol |
14.3.2.Peppermint Oil |
14.3.3.Eucalyptus oil |
14.3.4.Honey & Ginger |
14.3.5.Lemon |
14.3.6.Others |
14.4. Distribution channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Hospital Pharmacy |
14.4.2.Retail Pharmacy |
14.4.3.Online Pharmacy |
14.4.4.Others |
14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.Bliss GVS Pharma Ltd. |
15.2.2.Honibe |
15.2.3.Procter & Gamble |
15.2.4.Ricola AG |
15.2.5.Sanofi SA |
15.2.6.GlaxoSmithKline Plc |
15.2.7.Reckitt Benckiser Group Plc |
15.2.8.Traditional Medicinals Inc. |
15.2.9.Thorton & Ross Ltd. |
15.2.10.Pfizer |
15.2.11.DR Reddy’s |
15.2.12.JB Chemicals |
16. Research Methodology |
17. Appendix and Abbreviations |
Key Market Players