Medicated Confectionery Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2020-2024

Published: Dec 2020 Pages: 120 SKU: IRTNTR45554

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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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Hard-boiled candies/lozenges - Market size and forecast 2019-2024
  • Gums and chewing gums - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Offline stores
  • Online stores

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 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.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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medicated confectionery market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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