Chewing gum can be either natural or synthetic, made of gum base, conditioners, flavours, sweeteners, colours, and others. It is available in different flavours. Chewing gum is primarily used as a mouth refreshment agent and good for cavity exercise. The customers are looking for functional benefits from the gum since they are becoming more health-conscious. Sugared Gum and Sugar-free Chewing Gum chewing gums are available in the market. Some chewing gums help provide functional benefits of keeping the teeth clean.
MARKET DYNAMICS
Attractive packaging, raised fitness and health concerns among the populace have led to consuming low calories and sugar-free confectionery items, which are the key factors expected to drive the chewing gum market. The introduction of sugar-free and health-oriented chewing gums is creating opportunities for leading players in the market. Also, rising demand for functional chewing gum is the key trend bolstering the market.
MARKET SCOPE
The "Global Chewing Gum Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Chewing gum market with detailed market segmentation by type and distribution channel. The global Chewing gum market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Chewing gum market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Chewing gum market is segmented into type and distribution channel. By type, the Chewing gum market is classified into Sugared, Sugar-free. By distribution channel, the Chewing gum market is classified into Supermarket & Hypermarket, Convenience Store, Online Retail, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global Chewing gum market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Chewing gum market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Chewing gum market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Chewing gum market in these regions.
MARKET PLAYERS
The report covers vital developments in the Chewing gum market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Chewing gum market are anticipated to lucrative growth opportunities in the future with the rising demand for Chewing gum in the global market. Below mentioned is the list of few companies engaged in the Chewing gum market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Chewing gum market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Lotte
- Wrigley
- Mondelz
- Perfetti Van Melle
- Arcor
- August Storck
- Bourbon
- C?moi
- Cloetta
- CRM Group
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.