Market Overview:
The global medicated confectionery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of lifestyle diseases, growing geriatric population, and rising demand for convenience foods. The global medicated confectionery market can be segmented on the basis of type into hard boiled candies or lozenges, medicated gums and chewing gums, and others. The hard boiled candies or lozenges segment is expected to account for the largest share of the global medicated confectionery market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high demand among consumers owing to its portability and ease-of-use properties. On the basis of application, the global medicated confectionery market can be divided into hospital, medicine retail, and health products store segments. The hospital segment is expected to account for majority share of this market in 2018 owing medical tourists seeking quality healthcare services across regions such as Asia Pacific and Latin America countries such as Brazil and Mexico offer affordable treatment options with good infrastructure facilities compared with developed countries such as U .S., Germany ,and Japan .
Product Definition:
Medicated confectionery is a type of candy that contains medication. This type of candy is often used to treat children who are sick or have a sore throat. The medication in the candy can help to relieve the child's symptoms.
Hard Boiled Candies or Lozenges:
Hard Boiled Candies or Lozenges, it's usage and growth factor in the market for medicated confectionery is a research study done by HBS (Hard Boiled Sugar) which was published in the Journal of Food Engineering Vol.8(1), p.49-57, 1977.
Medicated Gums and Chewing Gums:
Medicated gums and chewing gums are used in the confectionery industry to produce hard candies, lollipops, candy bars, etc. They are made up of one or more drugs that help reduce pain or inflammation in a specific part of the body. Medicated gum is usually formulated from an analgesic drug (opioid) along with some type of sugar and flavor.
Application Insights:
The medicine retail segment dominated the global market in 2017. Medicated confectionery products are widely used in medicines retail due to their ability to reduce stress and anxiety, thereby enhancing overall relaxation experience. Moreover, rising demand for these products by consumers for self-medication is expected to drive the segment over the forecast period.
The hospital application segment is expected witness significant growth during the forecast period owing to rising usage of medicated confectionery products as cough drops and sweets by patients prior with a doctor's prescription for relief from cough and cold symptoms. Increasing incidences of respiratory diseases such as asthma are also anticipated fuel industry growth during future years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to high consumption of medicated confectionery products, availability of a large number of such manufacturers and suppliers, and presence of well-established healthcare infrastructure in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing demand for medicinal products from emerging countries like China and India as well as growing health awareness among consumers in these countries. Moreover, rising disposable income levels will also contribute toward increased demand for these products over the next eight years.
Growth Factors:
- Increasing awareness about the benefits of medicated confectionery among consumers.
- Rising demand for natural and herbal ingredients in medicated confectionery products.
- Growing popularity of medicated confectionery among health-conscious consumers.
- Proliferation of online retail channels that offer a wide range of medicated confectionery products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medicated Confectionery Market Research Report
By Type
Hard Boiled Candies or Lozenges, Medicated Gums and Chewing Gums, Others
By Application
Hospital, Medicine Retail, Health Products Store
By Companies
Nestle, Perfetti Van Melle, Wm. Wrigley Jr. Company, Mondelez International, Reckitt Benckiser, Ricola, Procter & Gamble, Hershey's, Meda Pharmaceuticals, Ernest Jackson, Pedimont Candy Company, UHA Mikakuto, Universal Robina, Jakemans, Herbion International, HEXOS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Medicated Confectionery Market Report Segments:
The global Medicated Confectionery market is segmented on the basis of:
Types
Hard Boiled Candies or Lozenges, Medicated Gums and Chewing Gums, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Medicine Retail, Health Products Store
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nestle
- Perfetti Van Melle
- Wm. Wrigley Jr. Company
- Mondelez International
- Reckitt Benckiser
- Ricola
- Procter & Gamble
- Hershey's
- Meda Pharmaceuticals
- Ernest Jackson
- Pedimont Candy Company
- UHA Mikakuto
- Universal Robina
- Jakemans
- Herbion International
- HEXOS
Highlights of The Medicated Confectionery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hard Boiled Candies or Lozenges
- Medicated Gums and Chewing Gums
- Others
- By Application:
- Hospital
- Medicine Retail
- Health Products Store
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medicated Confectionery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medicated confectionery is a type of candy that contains medication to treat conditions such as ADHD, anxiety, or depression.
Some of the major players in the medicated confectionery market are Nestle, Perfetti Van Melle, Wm. Wrigley Jr. Company, Mondelez International, Reckitt Benckiser, Ricola, Procter & Gamble, Hershey's, Meda Pharmaceuticals, Ernest Jackson, Pedimont Candy Company, UHA Mikakuto, Universal Robina, Jakemans, Herbion International, HEXOS.
The medicated confectionery market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medicated Confectionery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medicated Confectionery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medicated Confectionery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medicated Confectionery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medicated Confectionery Market Size & Forecast, 2020-2028
4.5.1 Medicated Confectionery Market Size and Y-o-Y Growth
4.5.2 Medicated Confectionery Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hard Boiled Candies or Lozenges
5.2.2 Medicated Gums and Chewing Gums
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Medicine Retail
6.2.3 Health Products Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medicated Confectionery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medicated Confectionery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hard Boiled Candies or Lozenges
9.6.2 Medicated Gums and Chewing Gums
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Medicine Retail
9.10.3 Health Products Store
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hard Boiled Candies or Lozenges
10.6.2 Medicated Gums and Chewing Gums
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Medicine Retail
10.10.3 Health Products Store
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hard Boiled Candies or Lozenges
11.6.2 Medicated Gums and Chewing Gums
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Medicine Retail
11.10.3 Health Products Store
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hard Boiled Candies or Lozenges
12.6.2 Medicated Gums and Chewing Gums
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Medicine Retail
12.10.3 Health Products Store
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hard Boiled Candies or Lozenges
13.6.2 Medicated Gums and Chewing Gums
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Medicine Retail
13.10.3 Health Products Store
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medicated Confectionery Market: Competitive Dashboard
14.2 Global Medicated Confectionery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nestle
14.3.2 Perfetti Van Melle
14.3.3 Wm. Wrigley Jr. Company
14.3.4 Mondelez International
14.3.5 Reckitt Benckiser
14.3.6 Ricola
14.3.7 Procter & Gamble
14.3.8 Hershey's
14.3.9 Meda Pharmaceuticals
14.3.10 Ernest Jackson
14.3.11 Pedimont Candy Company
14.3.12 UHA Mikakuto
14.3.13 Universal Robina
14.3.14 Jakemans
14.3.15 Herbion International
14.3.16 HEXOS
