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 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
|
|
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-