Orbis Research Present’s Global Medicated Confectionery Market 2017-2021 Major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Latest Research Report – Global Medicated Confectionary Market 2017-2021
The Following Companies as the Key Players in the Global Medicated Confectionary Market: Mondelez International, Nestlé, P&G, Perfetti Van Melle, Reckitt Benckiser, Ricola, and Wm. Wrigley Jr. Company
Other Prominent Vendors in the market are: Ernest Jackson, Herbion International, Hershey’s, HEXOS, Jakemans, Meda Pharmaceuticals, Pedimont Candy Company, UHA Mikakuto, Universal Robina Corp, and UX Themes
Commenting on the report, an analyst from Technavio’s team said: “New product launches by regional and international players are aiding the growth of the market. The market players are encompassing innovative and distributive strategies to increase the market size of these products. They are coming up with products containing healthy plant extracts and differentiated medicated herbs like tulsi, ginger, and other variants. The preference for sweetened medicated products over bitter ones, especially among children, is also fueling the market growth. For instance, in November 2016, HALLS launched HALLS Soothers with Eucalyptus Oil, a menthol and eucalyptus flavored candy with a liquid center. The company plans to strengthen its market leading position further with the new flavor to offer more choice to the consumers.”
According to the report, smoking bans are public policies including criminal laws and occupational safety and health regulations that prohibit tobacco smoking in workplaces and other public spaces. Smoking ban in public places across the world is helping the market grow as more people are switching to medicated confectionary such as mint-based candies or chewing gums instead of smoking.
Get a PDF Sample of Global Medicated Confectionery Market Report at: http://www.orbisresearch.com/contacts/request-sample/241259
Further, the report states that some of the unauthorized retailers and sellers in the market are offering counterfeit products, and thus, counterfeiting is hindering the growth of the market. The production of counterfeit products involves low operating costs, which allow the sellers of these products to offer the products at low prices. Thus, the presence of counterfeit products in a market has a strong negative impact on the share of major vendors in the market. It also hampers their goodwill and image.
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 a SWOT analysis of the key vendors.
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Follow Us on LinkedIn: https://www.linkedin.com/company/orbis-research