You're using a free limited version of DrugPatentWatch: Upgrade for Complete Access

Last Updated: February 17, 2025

Drug Price Trends for GNP SORE THROAT


✉ Email this page to a colleague

« Back to Dashboard


Drug Price Trends for GNP SORE THROAT

Average Pharmacy Cost for GNP SORE THROAT

These are average pharmacy acquisition costs (net of discounts) from a US national survey
Drug Name NDC Price/Unit ($) Unit Date
GNP SORE THROAT 1.4% SPRAY 46122-0748-76 0.01307 ML 2025-01-22
GNP SORE THROAT 1.4% SPRAY 46122-0749-76 0.01307 ML 2025-01-22
GNP SORE THROAT 1.4% SPRAY 46122-0748-76 0.01313 ML 2024-12-18
GNP SORE THROAT 1.4% SPRAY 46122-0749-76 0.01313 ML 2024-12-18
GNP SORE THROAT 1.4% SPRAY 46122-0749-76 0.01311 ML 2024-11-20
GNP SORE THROAT 1.4% SPRAY 46122-0748-76 0.01311 ML 2024-11-20
>Drug Name >NDC >Price/Unit ($) >Unit >Date

Market Analysis and Price Projections for Sore Throat Remedies: Focus on GNP SORE THROAT

Global Market Outlook for Sore Throat Remedies

The global market for sore throat remedies, including lozenges, sprays, and other treatments, is poised for significant growth. This expansion is driven by several key factors:

  • Increasing Cases of Respiratory Infections: The rise in respiratory infections globally is a major driver for the demand in sore throat remedies[3].
  • Changing Lifestyles and Consumer Demand: Consumers are increasingly seeking effective and convenient treatments, which is boosting the market for sore throat remedies[3].
  • Rising Consumer Disposable Income: Especially in the Asia Pacific region, increasing consumer disposable income and awareness are driving the market forward[3].

Market Size and Growth Projections

The global market for cold, cough, and sore throat remedies was valued at USD 41.22 billion in 2023 and is projected to reach USD 56.17 billion by 2032, growing at a CAGR of 3.5% during the forecast period of 2024-2032[3].

Segment Analysis: Throat Sprays

Throat sprays, such as the GNP SORE THROAT CHERRY SPRAY, are a significant segment within the sore throat remedies market.

  • Market Size: The throat sprays market is projected to grow from USD 511.2 million in 2024 to USD 840.61 million by 2037, reflecting a steady increase in prices due to growing demand and advancements in products[3].
  • Product Innovations: Key players are investing in innovation, which includes the development of new flavors, formulations, and delivery mechanisms. This innovation is expected to drive market growth and increase consumer preference for throat sprays[2].

Regional Dominance

The Asia Pacific region dominates the market for sore throat remedies and is expected to maintain its supremacy due to rising consumer disposable income, increased consumer awareness, and a preference for natural treatments. North America is also a significant market, driven by well-established healthcare infrastructure and rising incidence of pharyngitis[1][3].

Distribution Channels

Distribution through retail pharmacies, drug stores, and online channels is crucial for the growth of the sore throat remedies market. The ease of access and convenience offered by these channels are key factors in driving consumer purchases[3].

Competitive Landscape

The market for sore throat remedies is competitive, with several key players investing in innovation and expanding their product portfolios to capture market share. Companies like Pfizer Inc., Sanofi, and Johnson & Johnson are among the major players in this market[1].

GNP SORE THROAT CHERRY SPRAY Specifics

  • Product Pricing: The GNP SORE THROAT CHERRY SPRAY is priced competitively, with a current price of $3.89 for a 6 oz bottle. This pricing strategy helps in attracting price-sensitive consumers[5].
  • Market Positioning: This product is positioned as a comparable alternative to other popular sore throat sprays, such as Chloraseptic Sugar Free Cherry Spray. The competitive pricing and similar formulation make it an attractive option for consumers[5].

Price Projections

Given the overall market trends and the specific positioning of the GNP SORE THROAT CHERRY SPRAY, here are some price projection insights:

  • Demand and Innovation: As demand for sore throat remedies continues to grow, and with ongoing innovations in product formulations and delivery mechanisms, prices are expected to increase steadily. However, the competitive nature of the market will keep price hikes moderate[3].
  • Regional Variations: Prices may vary by region due to differences in consumer purchasing power, healthcare infrastructure, and regulatory environments. In regions with high consumer disposable income, such as North America and the Asia Pacific, prices may be slightly higher compared to other regions[1][3].

Key Takeaways

  • The global market for sore throat remedies, including throat sprays like GNP SORE THROAT CHERRY SPRAY, is expected to grow significantly driven by rising respiratory infections and consumer demand.
  • The Asia Pacific and North America regions are dominant in this market, with Europe also showing promising growth.
  • Distribution through retail pharmacies, drug stores, and online channels is crucial for market growth.
  • Key players are investing in innovation and expanding their product portfolios to capture market share.
  • The GNP SORE THROAT CHERRY SPRAY is competitively priced and positioned as a viable alternative to other popular sore throat sprays.

FAQs

  1. What is the projected growth rate of the global sore throat remedies market?

    • The global market for cold, cough, and sore throat remedies is projected to grow at a CAGR of 3.5% from 2024 to 2032[3].
  2. Which region dominates the market for sore throat remedies?

    • The Asia Pacific region currently dominates the market and is expected to maintain its supremacy[3].
  3. What are the key drivers for the growth of the sore throat remedies market?

    • Increasing cases of respiratory infections, changing lifestyles, and rising consumer demand for effective and convenient treatments are key drivers[3].
  4. How is the competitive landscape for sore throat remedies?

    • The market is competitive with several key players investing in innovation and expanding their product portfolios to capture market share[1].
  5. What is the expected market size for throat sprays by 2037?

    • The throat sprays market is projected to reach USD 840.61 million by 2037[3].

Cited Sources

  1. Coherent Market Insights: Global Strep Throat Treatment Market Size & Share Analysis.
  2. MarketResearchIntellect: Global Sore Throat Spray Market Size, Scope And Forecast Report.
  3. DrugPatentWatch: Market Analysis and Financial Projection for Sore Throat Remedies.
  4. ResearchNester: Strep Throat Treatment Market Size & Share, Forecast Report 2037.
  5. Galloway's and Spharmacy: GNP SORE THROAT CHERRY SPRAY 6 OZ.

More… ↓

⤷  Try for Free

Make Better Decisions: Try a trial or see plans & pricing

Drugs may be covered by multiple patents or regulatory protections. All trademarks and applicant names are the property of their respective owners or licensors. Although great care is taken in the proper and correct provision of this service, thinkBiotech LLC does not accept any responsibility for possible consequences of errors or omissions in the provided data. The data presented herein is for information purposes only. There is no warranty that the data contained herein is error free. thinkBiotech performs no independent verification of facts as provided by public sources nor are attempts made to provide legal or investing advice. Any reliance on data provided herein is done solely at the discretion of the user. Users of this service are advised to seek professional advice and independent confirmation before considering acting on any of the provided information. thinkBiotech LLC reserves the right to amend, extend or withdraw any part or all of the offered service without notice.