Throat Sprays Market Trends

  • Report ID: 4385
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Throat Sprays Market Trends

Growth Drivers

  • Rising Level of Air Pollution - Chemicals or other contaminants that are harmful to plants, animals, and people collectively constitute air pollution. A significant proportion of air pollution is caused by humans, in the context of emissions from factories, planes, cars, or aerosol cans. Air pollution is most prevalent in large cities, where emissions from numerous sources are coupled. The rising level of air pollution results in several health and respiratory problems which is expected to propel the throat sprays market in the forecasted period. As per the World Health Organization, nearly all of the world's population (99%) breathes air that is unhealthy and surpasses WHO air quality guidelines. In addition, 17% of higher-income nations experience nitrogen dioxide issues.

  • Rise in Prevalence of Strep Throat Problem – As per a report, every year, approximately 610 million people worldwide contract strep throat, with many of them being children.

  • Upsurge in Rhinitis – Each year, the occurrence of rhinitis ranged from 2% to 64% worldwide.

  • Spike in Upper Respiratory Infections – For instance, in the global burden of diseases 2019 study, incident cases of upper respiratory infections (URIs) reached nearly 17 billion in 2019, accounting for 41% of all cases.

  • Increasing Geriatric Population - As per the World Health Organization (WHO), the global population of people over the age of 60 is expected to reach 1.4 billion by 2030.

Challenges

  • Overdosing of Throat Sprays – patients with a history of breathing disorders may be particularly at risk when treated with the throat sprays/benzocaine sprays. It is necessary to carefully examine for signs of methemoglobinemia in patients before prescribing benzocaine sprays.
  • Availability of Alternatives
  • Competition Among Manufacturers

Throat Sprays Market: Key Insights

Base Year

2022

Forecast Year

2023-2033

CAGR

~4%

Base Year Market Size (2022)

~ USD 474 Million

Forecast Year Market Size (2033)

~ USD 588 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

Base Year

2024

Forecast Year

2025-2037

CAGR

3.9%

Base Year Market Size (2024)

USD 511.2 million

Forecast Year Market Size (2037)

USD 840.61 million

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 4385
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of throat sprays is estimated at USD 543.6 million.

The throat sprays market size was valued at USD 511.2 million in 2024 and is likely to cross USD 840.61 million by 2037, expanding at more than 3.9% CAGR during the forecast period i.e., between 2025-2037. Rising level of air pollution, rise in prevalence of strep throat problem, upsurge in rhinitis, and spike in upper respiratory infections will drive the market growth.

North America industry is likely to hold largest revenue share of 30% by 2037, backed by presence of various major throat sprays manufacturers, a huge number of public awareness campaigns aimed at reducing infectious diseases, and growing population of elderly people in the region.

The major players in the market are Reckitt Benckiser Group PLC, Procter & Gamble Company, Prestige Consumer Healthcare Inc., Purdue Pharma L.P., Marinomed Biotech AG, Biocidin Botanicals, Melcare Biomedical Pty Ltd, Ursatec GmbH, Puressentiel UK Ltd
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