Functional Chewing Gums Market Scope and Size by 2031
Functional chewing gums are the chewing gums which are used for some practical function. They are used for practical function in addition to usual enjoyment provided by these chewing gum. They contain some medicinal properties as well. It includes products like nicotine gums, oral care gums etc.
MARKET DYNAMICS
The functional chewing gums are popular and have gained prominence in the health industry due to benefits associated with it. The rising health awareness and growing popularity of smoking cessation therapy has boosted the growth of the nicotine gums market. Manufacturers are also creating chewing gums with unique properties which further fuels the demand for functional chewing gums market. The growing demand of sugar free gums will provide more opportunities in future.
MARKET SCOPE
The "Global Functional Chewing Gums Market Analysis to 2031" 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 functional chewing gums market with detailed market segmentation by function and distribution channel. The global functional chewing gums market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading functional chewing gums market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global functional chewing gums market is segmented into function and distribution channel. By function, the functional chewing gums market is classified into smoking cessation, oral health, overall well-being and others. By distribution channel, the functional chewing gums market is classified into supermarkets and hypermarkets, convenience stores, 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 functional chewing gums market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The functional chewing gums 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 functional chewing gums 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 functional chewing gums market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global functional chewing gums market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The functional chewing gums 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 functional chewing gums 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 functional chewing gums market in these regions.
MARKET PLAYERS
The report covers vital developments in the functional chewing gums 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 functional chewing gums market are anticipated to lucrative growth opportunities in the future with the rising demand for functional chewing gums in the global market. Below mentioned is the list of few companies engaged in the functional chewing gums market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the functional chewing gums 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.
- Gumlink Confectionery Company A/S
- GSK group
- GlaxoSmithKline plc.
- Hershey's
- CAFOSA
- Think Products LLC
- LOTTE CONFECTIONERY CO.,LTD
- Cloetta
- Peppersmith
- Orion
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.
- 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
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Functional Chewing Gums Market - By Function
1.3.2 Functional Chewing Gums Market - By Distribution Channel
1.3.3 Functional Chewing Gums Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FUNCTIONAL CHEWING GUMS 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. FUNCTIONAL CHEWING GUMS 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. FUNCTIONAL CHEWING GUMS MARKET - GLOBAL MARKET ANALYSIS
6.1. FUNCTIONAL CHEWING GUMS - GLOBAL MARKET OVERVIEW
6.2. FUNCTIONAL CHEWING GUMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. FUNCTIONAL CHEWING GUMS MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTION
7.1. OVERVIEW
7.2. FUNCTION MARKET FORECASTS AND ANALYSIS
7.3. SMOKING CESSATION
7.3.1. Overview
7.3.2. Smoking Cessation Market Forecast and Analysis
7.4. ORAL HEALTH
7.4.1. Overview
7.4.2. Oral Health Market Forecast and Analysis
7.5. OVERALL WELL BEING
7.5.1. Overview
7.5.2. Overall Well Being Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. FUNCTIONAL CHEWING GUMS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. HYPERMARKETS AND SUPERMARKETS
8.3.1. Overview
8.3.2. Hypermarkets and Supermarkets Market Forecast and Analysis
8.4. CONVENIENCE STORES
8.4.1. Overview
8.4.2. Convenience Stores 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. FUNCTIONAL CHEWING GUMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Functional Chewing Gums Market Overview
9.1.2 North America Functional Chewing Gums Market Forecasts and Analysis
9.1.3 North America Functional Chewing Gums Market Forecasts and Analysis - By Function
9.1.4 North America Functional Chewing Gums Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Functional Chewing Gums Market Forecasts and Analysis - By Countries
9.1.5.1 United States Functional Chewing Gums Market
9.1.5.1.1 United States Functional Chewing Gums Market by Function
9.1.5.1.2 United States Functional Chewing Gums Market by Distribution Channel
9.1.5.2 Canada Functional Chewing Gums Market
9.1.5.2.1 Canada Functional Chewing Gums Market by Function
9.1.5.2.2 Canada Functional Chewing Gums Market by Distribution Channel
9.1.5.3 Mexico Functional Chewing Gums Market
9.1.5.3.1 Mexico Functional Chewing Gums Market by Function
9.1.5.3.2 Mexico Functional Chewing Gums Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Functional Chewing Gums Market Overview
9.2.2 Europe Functional Chewing Gums Market Forecasts and Analysis
9.2.3 Europe Functional Chewing Gums Market Forecasts and Analysis - By Function
9.2.4 Europe Functional Chewing Gums Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Functional Chewing Gums Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Functional Chewing Gums Market
9.2.5.1.1 Germany Functional Chewing Gums Market by Function
9.2.5.1.2 Germany Functional Chewing Gums Market by Distribution Channel
9.2.5.2 France Functional Chewing Gums Market
9.2.5.2.1 France Functional Chewing Gums Market by Function
9.2.5.2.2 France Functional Chewing Gums Market by Distribution Channel
9.2.5.3 Italy Functional Chewing Gums Market
9.2.5.3.1 Italy Functional Chewing Gums Market by Function
9.2.5.3.2 Italy Functional Chewing Gums Market by Distribution Channel
9.2.5.4 United Kingdom Functional Chewing Gums Market
9.2.5.4.1 United Kingdom Functional Chewing Gums Market by Function
9.2.5.4.2 United Kingdom Functional Chewing Gums Market by Distribution Channel
9.2.5.5 Russia Functional Chewing Gums Market
9.2.5.5.1 Russia Functional Chewing Gums Market by Function
9.2.5.5.2 Russia Functional Chewing Gums Market by Distribution Channel
9.2.5.6 Rest of Europe Functional Chewing Gums Market
9.2.5.6.1 Rest of Europe Functional Chewing Gums Market by Function
9.2.5.6.2 Rest of Europe Functional Chewing Gums Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Functional Chewing Gums Market Overview
9.3.2 Asia-Pacific Functional Chewing Gums Market Forecasts and Analysis
9.3.3 Asia-Pacific Functional Chewing Gums Market Forecasts and Analysis - By Function
9.3.4 Asia-Pacific Functional Chewing Gums Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Functional Chewing Gums Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Functional Chewing Gums Market
9.3.5.1.1 Australia Functional Chewing Gums Market by Function
9.3.5.1.2 Australia Functional Chewing Gums Market by Distribution Channel
9.3.5.2 China Functional Chewing Gums Market
9.3.5.2.1 China Functional Chewing Gums Market by Function
9.3.5.2.2 China Functional Chewing Gums Market by Distribution Channel
9.3.5.3 India Functional Chewing Gums Market
9.3.5.3.1 India Functional Chewing Gums Market by Function
9.3.5.3.2 India Functional Chewing Gums Market by Distribution Channel
9.3.5.4 Japan Functional Chewing Gums Market
9.3.5.4.1 Japan Functional Chewing Gums Market by Function
9.3.5.4.2 Japan Functional Chewing Gums Market by Distribution Channel
9.3.5.5 South Korea Functional Chewing Gums Market
9.3.5.5.1 South Korea Functional Chewing Gums Market by Function
9.3.5.5.2 South Korea Functional Chewing Gums Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Functional Chewing Gums Market
9.3.5.6.1 Rest of Asia-Pacific Functional Chewing Gums Market by Function
9.3.5.6.2 Rest of Asia-Pacific Functional Chewing Gums Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Functional Chewing Gums Market Overview
9.4.2 Middle East and Africa Functional Chewing Gums Market Forecasts and Analysis
9.4.3 Middle East and Africa Functional Chewing Gums Market Forecasts and Analysis - By Function
9.4.4 Middle East and Africa Functional Chewing Gums Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Functional Chewing Gums Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Functional Chewing Gums Market
9.4.5.1.1 South Africa Functional Chewing Gums Market by Function
9.4.5.1.2 South Africa Functional Chewing Gums Market by Distribution Channel
9.4.5.2 Saudi Arabia Functional Chewing Gums Market
9.4.5.2.1 Saudi Arabia Functional Chewing Gums Market by Function
9.4.5.2.2 Saudi Arabia Functional Chewing Gums Market by Distribution Channel
9.4.5.3 U.A.E Functional Chewing Gums Market
9.4.5.3.1 U.A.E Functional Chewing Gums Market by Function
9.4.5.3.2 U.A.E Functional Chewing Gums Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Functional Chewing Gums Market
9.4.5.4.1 Rest of Middle East and Africa Functional Chewing Gums Market by Function
9.4.5.4.2 Rest of Middle East and Africa Functional Chewing Gums Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Functional Chewing Gums Market Overview
9.5.2 South and Central America Functional Chewing Gums Market Forecasts and Analysis
9.5.3 South and Central America Functional Chewing Gums Market Forecasts and Analysis - By Function
9.5.4 South and Central America Functional Chewing Gums Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Functional Chewing Gums Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Functional Chewing Gums Market
9.5.5.1.1 Brazil Functional Chewing Gums Market by Function
9.5.5.1.2 Brazil Functional Chewing Gums Market by Distribution Channel
9.5.5.2 Argentina Functional Chewing Gums Market
9.5.5.2.1 Argentina Functional Chewing Gums Market by Function
9.5.5.2.2 Argentina Functional Chewing Gums Market by Distribution Channel
9.5.5.3 Rest of South and Central America Functional Chewing Gums Market
9.5.5.3.1 Rest of South and Central America Functional Chewing Gums Market by Function
9.5.5.3.2 Rest of South and Central America Functional Chewing Gums 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. FUNCTIONAL CHEWING GUMS MARKET, KEY COMPANY PROFILES
11.1. GUMLINK CONFECTIONERY COMPANY A/S
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. GSK GROUP
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. GLAXOSMITHKLINE PLC.
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. HERSHEY'S
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. CAFOSA
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. THINK PRODUCTS LLC
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. LOTTE CONFECTIONERY CO.,LTD
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. CLOETTA
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. PEPPERSMITH
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. ORION
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. Gumlink Confectionery Company A/S
2. GSK group
3. GlaxoSmithKline plc.
4. Hershey's
5. CAFOSA
6. Think Products LLC
7. LOTTE CONFECTIONERY CO.,LTD
8. Cloetta
9. Peppersmith
10. Orion
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
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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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