Cough drops or cough lozenges, are small, often diamond-shaped flavored tablets that soothe a sore throat by lubricating it. They are not meant to be swallowed or chewed; cough drops are intended to dissolve on the tongue. As you suck on it, it helps your throat to feel better and less dry, and it begins to dissolve. Within about a half hour from when you first put it in your mouth, it should be fully dissolved. Rather than calling them cough drops, some people actually refer to sore throat lozenges as sore throat candy or cough candy, since they are usually quite similar to sucking candies in both look and taste, and they often have a refreshing and tasteful flavor.
MARKET DYNAMICS
The cough drops market has shown a significant evolution over the forecast period. The rise of the cough drops market is majorly driven by the increasing aging population since elderly people often suffer from throat infection that increase the uptake of cough drops. According to the World Health Organization (WHO) that by 2050 nearly 2 billion populations will belong to geriatric population and it also estimated that global elderly population was 524 million in 2010. Also, due to cold temperature in the nations such as U.S. and Canada, accentuate the incidences of cold and cough in population and in turn boost the growth ofcough drops market. However, challenged faced by cough drops are their side effects like drowsiness, dizziness, blurred vision, nausea, vomiting, trouble sleeping, or headache, which is unfavorable in most cases and can hamper the growth of the market.
MARKET SCOPE
The "Cough Drops Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry's pharmaceuticals, with a specific focus on the global market trend analysis. This report provides an outline of the cough drops market with detailed market segmentation by product, application, and end-user. The cough drops market is estimated to witness high growth during the forecast period. It focuses on the vital statistics on the leading players' market status in the cough drops market and offers key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based on the product, application, and end user. Based on the product, the market is segmented as gluten free, no artificial flavors, sugar free, and others. Based on the application, the segmentation of the market is into children, adults, and others. Based on end user, segmentation of the market is into hospitals, clinics, and others.
REGIONAL FRAMEWORK
The report states a comprehensive outline of the industry, consisting of both qualitative and quantitative information. It gives a sketch and forecast of the cough drops market based on various segments. The report also comprises market size and forecast estimates from the year 2020 to2028with respect to five primary regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East, and Africa (MEA), and South & Central America (SCAM). The Cough drops market by each region are then sub-segmented into respective countries and segments. It provides the analysis and forecast of 18 countries worldwide and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the cough drops market from both the demand and supply sides. Moreover, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also comprises a precise PEST analysis for all five regions, namely, North America, APAC, Europe, MEA, and South & Central America, after assessing political, social, economic, and technological factors affecting the Cough drops market in these regions.
MARKET PLAYERS
The report contains critical developments in the cough drops market as inorganic and organic growth strategies. Multiple companies are pivoting on organic growth strategies like product approvals, product launches, and others, such as events and patents. Inorganic growth strategies observed were collaborations and acquisitions &partnerships. Many such activities have paved the path for the elaboration of the business and customer base of market players. The market players from the Cough drops market are estimated to have profitable growth opportunities in the coming years with the higher demand for cough drops in the global market. Mentioned below is the list of a few companies engaged in the Cough drops market.
The report also provides key players' profiles in the cough drops market, along with their SWOT analysis and market strategies. Moreover, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.
- Procter & Gamble (Vicks)
- Mondelez International, Inc. (Halls)
- GlaxoSmithKline Pharmaceuticals Limited.
- Bliss GVS Pharma Ltd.
- Thornton & Ross Ltd (COvonia)
- Pfizer Inc.
- Johnson & Johnson Services, Inc.
- Sanofi
- Gepach International
- Ricola
The Insight Partner's dedicated research and the analytical team consists of experienced professionals with advanced statistical expertise and provides various customization options in the current study.