The medicated confectionery market size has the potential to grow by USD 1.02 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (hard-boiled candies/lozenges, gums and chewing gums, and others), distribution channel (offline stores and online stores), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Ernest Jackson & Co. Ltd, Herbion USA Inc., Mars Inc., Mondelez International Inc., Nestle SA, Perfetti Van Melle Group BV, Reckitt Benckiser Group Plc, Ricola Ltd., The Hershey Co., and The Procter & Gamble Co.
Market Overview
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Market Competitive Analysis
The medicated confectionery market is fragmented. Ernest Jackson & Co. Ltd, Herbion USA Inc., and Mars Inc. are some of the major market participants. Factors such as a ban on smoking in public places, increasing hay fever and allergy cases, and growing demand for sugar-free medicated confectionery will offer immense growth opportunities. However, threat of counterfeiting, fluctuating raw material costs, and stringent government regulations may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this medicated confectionery market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this medicated confectionery market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- Ernest Jackson & Co. Ltd
- Herbion USA Inc.
- Mars Inc.
- Mondelez International Inc.
- Nestle SA
- Perfetti Van Melle Group BV
- Reckitt Benckiser Group Plc
- Ricola Ltd.
- The Hershey Co.
- The Procter & Gamble Co.
Medicated Confectionery Market: Segmentation by Geography
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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period.
38% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for medicated confectionery in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the medicated confectionery market size.
Medicated Confectionery Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive medicated confectionery market growth during the next five years
- Precise estimation of the medicated confectionery market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the medicated confectionery industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of medicated confectionery market vendors
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