Chewing Gum Market Growth Report 2021 to 2031
The Chewing Gum Market is expected to register a CAGR of 4.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Chewing Gum Market report covers analysis By Type (Sugared, Sugar-free); Distribution Channel (Supermarket and Hypermarket, Convenience Store, Online Retail, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Chewing Gum Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Chewing Gum Market Segmentation
Type- Sugared
- Sugar-free
- Supermarket and Hypermarket
- Convenience Store
- Online Retail
- Others
Strategic Insights
Chewing Gum Market Growth Drivers- Growing Importance of Oral Health: Functional gums enriched with oral health benefits enhance market growth. Market reports reveal that consumer concern regarding oral health is bringing about innovations in the market.
- Expanding into Sugar-Free Gums: Market trends reveal an increasing demand for sugar-free gums across the globe, thus catering to the health-conscious population. Competitive analysis indicates attention to flavors and longevity improvements.
- Rising Consumer Demand for Stress Relief: Chewing gum's role in alleviating stress and improving concentration contributes to the expansion of global markets. Lifestyle changes, which PEST analysis embodies, have facilitated adoption.
- Growing Preference for Organic and Clean-Label Products: Consumers are increasingly opting for organic cheese powders free from artificial additives and preservatives.
- Plant-Based Cheese Powder: The rising vegan trend is driving innovation in plant-based cheese powders made from nuts, soy, or other non-dairy sources.
- Customization in Flavors: Manufacturers are offering a variety of flavors, including cheddar, parmesan, and mozzarella, to cater to diverse consumer preferences.
- Rising Use in Food Service: Cheese powder’s versatility in sauces, dips, and seasonings presents significant opportunities in the foodservice sector.
- Growing Demand for Plant-Based Alternatives: Development of vegan and allergen-free cheese powders opens up new market segments.
- Innovation in Packaging: Advancements in packaging technologies to improve storage and ease of use can attract more consumers.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Chewing Gum Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Chewing Gum Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Chewing Gum Market is estimated to witness a CAGR of 4.2% from 2023 to 2031.
The major factors driving the market are: Increasing focus on oral health, Expansion of sugar-free products, Rising consumer demand for stress relief
Key future trends in this market are - Growth in Functional Gums, Demand for Sugar-Free Options, Eco-Friendly Packaging Trends
Key companies of this market are: Lotte, Wrigley, Mondelz, Perfetti Van Melle, Arcor, August Storck, Bourbon, Cémoi, Cloetta.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Chewing Gum Market - By Type
1.3.2 Chewing Gum Market - By Distribution Channel
1.3.3 Chewing Gum Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CHEWING GUM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CHEWING GUM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CHEWING GUM MARKET - GLOBAL MARKET ANALYSIS
6.1. CHEWING GUM - GLOBAL MARKET OVERVIEW
6.2. CHEWING GUM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CHEWING GUM MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SUGARED
7.3.1. Overview
7.3.2. Sugared Market Forecast and Analysis
7.4. SUGAR-FREE
7.4.1. Overview
7.4.2. Sugar-free Market Forecast and Analysis
8. CHEWING GUM MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKET AND HYPERMARKET
8.3.1. Overview
8.3.2. Supermarket and Hypermarket Market Forecast and Analysis
8.4. CONVENIENCE STORE
8.4.1. Overview
8.4.2. Convenience Store Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. CHEWING GUM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Chewing Gum Market Overview
9.1.2 North America Chewing Gum Market Forecasts and Analysis
9.1.3 North America Chewing Gum Market Forecasts and Analysis - By Type
9.1.4 North America Chewing Gum Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Chewing Gum Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Chewing Gum Market
9.1.5.1.1 Canada Chewing Gum Market by Type
9.1.5.1.2 Canada Chewing Gum Market by Distribution Channel
9.1.5.2 Mexico Chewing Gum Market
9.1.5.2.1 Mexico Chewing Gum Market by Type
9.1.5.2.2 Mexico Chewing Gum Market by Distribution Channel
9.1.5.3 US Chewing Gum Market
9.1.5.3.1 US Chewing Gum Market by Type
9.1.5.3.2 US Chewing Gum Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Chewing Gum Market Overview
9.2.2 Europe Chewing Gum Market Forecasts and Analysis
9.2.3 Europe Chewing Gum Market Forecasts and Analysis - By Type
9.2.4 Europe Chewing Gum Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Chewing Gum Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Chewing Gum Market
9.2.5.1.1 Germany Chewing Gum Market by Type
9.2.5.1.2 Germany Chewing Gum Market by Distribution Channel
9.2.5.2 France Chewing Gum Market
9.2.5.2.1 France Chewing Gum Market by Type
9.2.5.2.2 France Chewing Gum Market by Distribution Channel
9.2.5.3 Italy Chewing Gum Market
9.2.5.3.1 Italy Chewing Gum Market by Type
9.2.5.3.2 Italy Chewing Gum Market by Distribution Channel
9.2.5.4 United Kingdom Chewing Gum Market
9.2.5.4.1 United Kingdom Chewing Gum Market by Type
9.2.5.4.2 United Kingdom Chewing Gum Market by Distribution Channel
9.2.5.5 Russia Chewing Gum Market
9.2.5.5.1 Russia Chewing Gum Market by Type
9.2.5.5.2 Russia Chewing Gum Market by Distribution Channel
9.2.5.6 Rest of Europe Chewing Gum Market
9.2.5.6.1 Rest of Europe Chewing Gum Market by Type
9.2.5.6.2 Rest of Europe Chewing Gum Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Chewing Gum Market Overview
9.3.2 Asia-Pacific Chewing Gum Market Forecasts and Analysis
9.3.3 Asia-Pacific Chewing Gum Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Chewing Gum Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Chewing Gum Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Chewing Gum Market
9.3.5.1.1 Australia Chewing Gum Market by Type
9.3.5.1.2 Australia Chewing Gum Market by Distribution Channel
9.3.5.2 China Chewing Gum Market
9.3.5.2.1 China Chewing Gum Market by Type
9.3.5.2.2 China Chewing Gum Market by Distribution Channel
9.3.5.3 India Chewing Gum Market
9.3.5.3.1 India Chewing Gum Market by Type
9.3.5.3.2 India Chewing Gum Market by Distribution Channel
9.3.5.4 Japan Chewing Gum Market
9.3.5.4.1 Japan Chewing Gum Market by Type
9.3.5.4.2 Japan Chewing Gum Market by Distribution Channel
9.3.5.5 South Korea Chewing Gum Market
9.3.5.5.1 South Korea Chewing Gum Market by Type
9.3.5.5.2 South Korea Chewing Gum Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Chewing Gum Market
9.3.5.6.1 Rest of Asia-Pacific Chewing Gum Market by Type
9.3.5.6.2 Rest of Asia-Pacific Chewing Gum Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Chewing Gum Market Overview
9.4.2 Middle East and Africa Chewing Gum Market Forecasts and Analysis
9.4.3 Middle East and Africa Chewing Gum Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Chewing Gum Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Chewing Gum Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Chewing Gum Market
9.4.5.1.1 South Africa Chewing Gum Market by Type
9.4.5.1.2 South Africa Chewing Gum Market by Distribution Channel
9.4.5.2 Saudi Arabia Chewing Gum Market
9.4.5.2.1 Saudi Arabia Chewing Gum Market by Type
9.4.5.2.2 Saudi Arabia Chewing Gum Market by Distribution Channel
9.4.5.3 U.A.E Chewing Gum Market
9.4.5.3.1 U.A.E Chewing Gum Market by Type
9.4.5.3.2 U.A.E Chewing Gum Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Chewing Gum Market
9.4.5.4.1 Rest of Middle East and Africa Chewing Gum Market by Type
9.4.5.4.2 Rest of Middle East and Africa Chewing Gum Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Chewing Gum Market Overview
9.5.2 South and Central America Chewing Gum Market Forecasts and Analysis
9.5.3 South and Central America Chewing Gum Market Forecasts and Analysis - By Type
9.5.4 South and Central America Chewing Gum Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Chewing Gum Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Chewing Gum Market
9.5.5.1.1 Brazil Chewing Gum Market by Type
9.5.5.1.2 Brazil Chewing Gum Market by Distribution Channel
9.5.5.2 Argentina Chewing Gum Market
9.5.5.2.1 Argentina Chewing Gum Market by Type
9.5.5.2.2 Argentina Chewing Gum Market by Distribution Channel
9.5.5.3 Rest of South and Central America Chewing Gum Market
9.5.5.3.1 Rest of South and Central America Chewing Gum Market by Type
9.5.5.3.2 Rest of South and Central America Chewing Gum Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CHEWING GUM MARKET, KEY COMPANY PROFILES
11.1. LOTTE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. WRIGLEY
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MONDELZ
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PERFETTI VAN MELLE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ARCOR
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. AUGUST STORCK
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BOURBON
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. CéMOI
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. CLOETTA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CRM GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Lotte
2.Wrigley
3.Mondelz
4.Perfetti Van Melle
5.Arcor
6.August Storck
7.Bourbon
8.Cémoi
9.Cloetta
10.CRM Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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