Global Throat Lozenges Market is Expected to Reach at a CAGR of 3.5% during 2017
Posted by Nohaliam on August 31st, 2017
Market Research Future published a half-cooked research report on global throat lozenges market, which is Expected to Reach at a CAGR of 3.5% during 2017-2023
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.
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The major key player for the global throat lozenges market are
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.
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.
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Study objectives global throat lozenges market
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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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About the AuthorNohaliam
Joined: August 21st, 2017
Articles Posted: 60
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