And to add a different perspective. I have stopped lubing cables. The cables are coated internally from the factory and lubes seem too break that coating down. And lubed cables will attract more dirt. So at the end of the day after you lube a cable once you have to continually keep lubing it to keep it feeling good.
Cables for most bikes are cheap. I just change them out now. This also reduces the chance of a broken cable during a ride. YMMV.
Are you pretty sure the lining is actually breaking down? Or is the lube just losing its volatiles and thickening? I don't lube mine very often but do use WD40 or ACF50 when I do, neither of which thicken notably over time.
I did a long term test of many available spay can lubes, applied to a flat bar of aluminum and left to sit(inside) for 3 years. There was still some evidence of both the aformentioned lubes while many others, such as PB's various products, dry lubes, graphite, silicone sprays, etc had completely disappeared.... or lubes like LPS3, corrosion inhibiting sprays, chain lubes had thickened into a firm heavy paste.
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