iCrowdNewswire Jan 15, 2021 1:55 PM ET
Medicated confectionery is a type of confectionery valued with active ingredients having medicated attribute such as reduction in throat irritation, cold, cough, respiratory congestion, allergies, and others. They are available in different types in the market such as hard candies, pastilles, chewing gums, and others. Growing incidence of allergies and other issues caused due to air pollution is driving the growth of the market.
Medicated confectionery is growing tremendously over the past few years. The hay fever seasons during the winters, springs, and summers majorly drive the growth of the medicated confectionery market. Moreover, growing cases of allergies among the children in the U.K is boosting the growth of the market.
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The global medicated confectionery market is segmented into type, function and distribution channel.
Based on the distribution channel, the medicated confectionery market is segmented into store-based and non-store based. Among them, the store-based distribution channel is dominating the market and is project
Major Key Players
The major players in the Medicated Confectionery Market are
- Nestle (Switzerland)
- Procter & Gamble Co (U.S.)
- Mondelez International (U.S.)
- Ricola (Switzerland)
- Perfetti Van Melle (Italy)
- Wrigley Jr. Company (U.S.)
- Reckitt Benckiser (U.K)
The global medicated confectionery market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is leading the medicated confectionery market followed by Europe. The low temperature in the regions of the U.S. and Canada majorly drives the need for medicated confectionery among the population.
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