Chewing Gum Market was valued at US$ 17.78 Bn in 2022 and is expected to reach US$ 20.43 Bn by 2029 at a CAGR of 2.01% during the forecast period.
Chewing Gum Market Overview
The report provides a comprehensive analysis of the Chewing Gum market’s current and future scenarios, including insights and updates on the important sectors. This two-pronged approach provides a complete analysis of the Chewing Gum Market, including Chewing Gum sales in the forecast period.
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Chewing Gum Market Report Scope and Research Methodology
The report provides a comprehensive analysis of the Chewing Gum industry, including trends, forecasts, and monetary values.
- It provides an in-depth analysis of the segments and sub-segments in global and regional Chewing Gum markets.
- It uses a bottom-up approach to estimate the Chewing Gum market size.
- It includes information on key market participants, new entrants, their services, revenue, financial status, portfolio, growth strategies, and regional presence.
- It provides demand projections, market trends, and micro and macro factors that drive and restrict the Chewing Gum market’s growth.
- It uses qualitative and quantitative methods, including SWOT, PESTLE, and Porter’s Five Forces analysis.
- It identifies key upcoming developments that are expected to influence Chewing Gum market demand over the forecast period.
The report includes:
- PESTLE analysis to provide an understanding of the micro and macro-level factors influencing the Chewing Gum market
- SWOT analysis to provide an understanding of the strengths and weaknesses of the Chewing Gum market
- A focus on the global key players in the Chewing Gum market, including market leaders, followers, and new entrants
Chewing Gum Market Regional Insights
The research covers a detailed analysis of the market size and dynamics in North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC, South America, Brazil, Middle East and Africa.
Chewing Gum Market Segmentation
by Product
Sugar-free Gum
Sugared Gum
While the consumption of sugared chewing gum has decreased, sugar-free chewing gum is expanding. Since most nations still view sugar-free chewing gum as a promising market, it is expanding considerably more quickly. A sugar-free variety of items has been introduced by manufacturers in an effort to increase sales as a result of growing concerns about tooth disease caused by sugar content. Potential chewing gum market opportunities are what may be driving the sale. These include rising demand for single-pack sizes and product innovation in the special format.
by Distribution Channel
Convenience Stores
Specialist Retailers
Supermarkets and Hypermarkets
Variety Stores
Online Retail
Department Stores
Others
by Form
Sticks/tabs
Pellets/pillows
Liquid Filled Gum
Others
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Chewing Gum Market Key Players
1. Hershey Company
2. Mars Incorporated
3. Ferrero International SA
4. Perfetti Van Melle
5. Mondelz International, Inc.
6. Lotte Group
7. Tootsie Roll Industries
8. Wm. Wrigley Jr.Company
9. Ferndale Confectionery Pty Ltd
10. Kraft FoodsInc.
11. Arcor Group
12. Cloetta AB
13. Ferndale Confectionery Pty Ltd.
14. Haribo GmbH & Co. Kg
15. Lotte Confectionery
Key questions answered in the Chewing Gum Market are:
- What was the Chewing Gum market size in 2022?
- What is the expected CAGR of the Chewing Gum market during the forecast period?
- What are the Chewing Gum market segments?
- Which segment held the largest Chewing Gum market share in 2022?
- What are the emerging trends in the Chewing Gum Market?
- What are the factors contributing to the final price of Chewing Gum?
- Who held the largest Chewing Gum market share in 2022?
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2022)
- Past Pricing and price curve by region (2017 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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