Food & Beverage

Image

Global Chewing Gum Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Chewing Gum Market, By Product Type (Pallet Type, Stick/Tab Type, Centre-Filled Type, Cut and Wrap Type and Ball Type), Distribution Channel (Supermarkets and Hypermarkets, Pharmacies, Convenience Stores, Departmental Stores and Online) – Industry Trends and Forecast to 2029

Chewing Gum Market

Chewing Gum Market Analysis and Size

Chewing gum is a recreational food that is chewed solely for the desire to masticate. Consumers are looking for functional benefits from gum as they become more health-conscious. Some chewing gums on the market promote the product's functional benefits of keeping teeth clean. There are also nicotine gum chewing gums that are used by consumers who want to quit smoking. Teeth whitening chewing gum is the most popular functional gum, accounting for more than half of all sales, followed by nicotine gum.

Data Bridge Market Research analyses that the chewing gum market was valued at USD 38.62 billion in 2021 and is expected to reach the value of USD 50.75 billion by 2029, at a CAGR of 5.30% during the forecast period. With the passage of time, there has been a significant shift from simple product groups to sugar-free products, allowing manufacturers to meet the changing needs of consumers and creating a plethora of opportunities in the market.

Market Definition

Chewing gum is made up of gum base, sweeteners, conditioners, flavours, and colours, as well as gum fixings. It is made up of three primary components: gum, wax, and elastomer. It comes in a variety of flavours and can be natural or synthetic. The most well-known chewing gum flavours are peppermint and spearmint. Chewing gum is good for cavity exercise. It is also used as a mouth refreshment agent.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Pallet Type, Stick/Tab Type, Centre-Filled Type, Cut and Wrap Type and Ball Type), Distribution Channel (Supermarkets and Hypermarkets, Pharmacies, Convenience Stores, Departmental Stores and Online),

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Cemoi Chocolatier (France), Republica del Cacao (Ecuador), Nestlé S.A. (Switzerland), Mars Incorporated (U.S.), Fuji Oil Holdings Inc. (Japan), Guittard Chocolate Co. (U.S.), Ghirardelli Chocolate Co. (U.S.),, Varihona Inc. (France), Barry Callebaut AG (Switzerland), Alpezzi Chocolate SA De CV (Mexico), Kerry Group Plc (Ireland)

Opportunities

  • Rising purchasing power
  • Improved marketing strategies to attract the youth
  • Growing population of young people in developing countries

Chewing Gum Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

  • Rising purchasing power

Over the forecast period, market growth will be driven by rising purchasing power and consumer preference for products that provide dental benefits.

  • Improved marketing strategies to attract the youth

Manufacturers are employing a variety of marketing strategies to pique the interest of the younger generation and increase demand for chewing gum with new flavours, shapes, and appealing packaging.

Opportunity

The rapid consumption of this chewing gum is one of the major trends observed in the global chewing gum market, owing to the growing population of young people in developing countries. Another factor that could drive target market growth in the coming years is the incorporation of additional health aids and ingredients into functional chewing gums rather than a refreshing-breathing function.

Restraints

However, fluctuations in pricing strategy, a lack of regulation, and the negative side effects of excessive chewing gum are factors that will stymie market growth during the forecast period.

This chewing gum market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chewing gum market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Post COVID-19 Impact on Chewing Gum Market

During the COVID-19 pandemic, demand for nicotine gums, an important component of the chewing gum market, increased dramatically among global consumers. This was due to consumers' growing awareness of the severity of COVID-19 disease, which is more prevalent among smokers. Tobacco use reduces lung function, making it more difficult for the body to fight off coronaviruses and other diseases. As a result, it insisted that global consumers stop smoking, fueling demand for nicotine gums.

Recent Development

  • Mars Incorporated launched its popular gum brand Juicy Fruit in India in June 2019. The product is designed and priced in India with Indian consumers in mind, in order to maximise sales in the domestic market.

Global Chewing Gum Market Scope

The chewing gum market is segmented on the basis of product type, distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Pallet type
  • Stick/tab type
  • Centre-filled type
  • Cut and wrap type
  • Ball type
  • Others

Distribution channel

  • Supermarket
  • Hypermarket
  • Convenience stores
  • Pharmaceuticals
  • Departmental stores
  • Online

Chewing Gum Market Regional Analysis/Insights

The chewing gum market is analysed and market size insights and trends are provided by country, product type, distribution channel as referenced above.

The countries covered in the chewing gum market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North American market accounted for the largest share of the global chewing gum market, owing to changing consumer preferences. Due to rising concerns about sugar intake and its harmful effects, consumers in the region are shifting away from sugared gums and toward sugar-free gums.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Chewing Gum Market Share Analysis

The chewing gum market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chewing gum market.

Some of the major players operating in the chewing gum market are:

  • Cemoi Chocolatier (France)
  • Republica del Cacao (Ecuador)
  • Nestlé S.A. (Switzerland)
  • Mars Incorporated (U.S.)
  • Fuji Oil Holdings Inc. (Japan)
  • Guittard Chocolate Co. (U.S.)
  • Ghirardelli Chocolate Co. (U.S.)
  • Varihona Inc. (France)
  • Barry Callebaut AG (Switzerland)
  • Alpezzi Chocolate SA De CV (Mexico)
  • Kerry Group Plc (Ireland)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

Global Chewing Gum Market segmented By Product Type such as Pallet Type, Stick/Tab Type, Centre-Filled Type, Cut and Wrap Type and Ball Type.
The major players covered in the chewing gum market report are Ferrero, Perfetti Van Melle, Mondelēz International, LOTTE, Tootsie Roll Inc., Wm. Wrigley Jr.Company, Ferndale Confectionery Pty Ltd, The Kraft Heinz Company, Arcor, Cloetta AB, HARIBO GmbH & Co. KG, Lotte Confectionery Co., Ltd. among other domestic and global players.
The Chewing Gum Market is to grow at a CAGR of 5.30% during the forecast by 2029.
The Chewing Gum Market value is expected USD 50.75 billion by 2029.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials