Global Medicated Confectionery Market 2020-2024

Global Medicated Confectionery Market 2020-2024

The publisher has been monitoring the medicated confectionery market and it is poised to grow by $ 1.02 bn during 2020-2024 progressing at a CAGR of 3% during the forecast period. The report on medicated confectionery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the smoking ban in public places and growing demand for sugar-free medicated confectionery. In addition, smoking ban in public places is anticipated to boost the growth of the market as well.

The medicated confectionery market analysis includes product segment, distribution channel segment and geographical landscapes.

The medicated confectionery market is segmented as below:

By Product

• Hard-boiled candies/lozenges
• Gums and chewing gums
• Others

By Distribution Channel

• Offline stores
• Online stores

By Geographical Landscapes

• Europe
• North America
• APAC
• South America
• MEA

This study identifies the increasing hay fever and allergy cases as one of the prime reasons driving the medicated confectionery market growth during the next few years.

The report on medicated confectionery market covers the following areas:

• Medicated confectionery market sizing
• Medicated confectionery market forecast
• Medicated confectionery market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medicated confectionery market vendors that include 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.. Also, the medicated confectionery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.