Throat lozenges serve a dual purpose by offering relief for a sore throat and addressing common cold and cough symptoms. They are often the primary choice for treating colds and coughs due to their widespread availability over-the-counter (OTC). In the medical context, a cold, also referred to as infectious rhinitis, is a viral infection affecting the nasal and throat passages. Unlike seasonal influenza, colds and coughs persist throughout the year, collectively exerting a more significant impact on public health. The World Health Organization (WHO) reports that roughly 10% to 15% of the global population contends with the common cold annually.
Concurrently, data from the CDC Foundation reveals that the flu affects 5 to 20% of the US population each year, leading to thousands of hospitalizations due to flu-related complications. Children in the United States, as highlighted by the American Lung Association, grapple with an average of six to eight colds annually, underscoring the pervasive nature of these respiratory ailments. Market analysis conducted by MRFR underscores the significant investments made by European countries, including Germany, Italy, Spain, France, and the UK, in the realm of cold and cough products. This financial commitment reflects the escalating prevalence of common colds and coughs, driving growth in the associated market.
Furthermore, the market is witnessing an upswing in demand due to the mounting frequency of extreme weather events, such as severe cold waves, on a global scale. The ease of accessibility of these products over-the-counter contributes to their prominence in managing respiratory symptoms. Additionally, the heightened occurrence of extreme weather events globally, characterized by severe cold waves, is contributing to an uptick in cold and cough cases. This phenomenon, in turn, is fostering an increased demand for throat lozenges as individuals seek effective remedies for alleviating their respiratory discomfort. As the prevalence of these conditions continues to rise, the importance of throat lozenges as a go-to solution for symptomatic relief becomes increasingly evident, solidifying their role in the landscape of respiratory health and wellness.
Covered Aspects:Report Attribute/Metric | Details |
---|---|
Market Opportunities | Innovation in products to open up new prospects for growth for major players |
Market Dynamics | Increasing incidence of disorders leading to sore throat |
ยฉ 2025 Market Research Future ยฎ (Part of WantStats Reasearch And Media Pvt. Ltd.)