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The functional chewing gum market is forecasted to grow by USD 3.14 billion during 2023-2028, accelerating at a CAGR of 5.53% during the forecast period. The report on the functional chewing gum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for nicotine gum in smoking cessation therapy, growing awareness about the benefits of functional chewing gum, and strong distribution network between manufacturers and retailers.
The functional chewing gum market is segmented as below:
By Product
- Oral health gum
- Nicotine gum
- Weight gum
- Lifestyle gum
By Distribution Channel
- Convenience stores
- Hypermarkets and supermarkets
- Online
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the functional chewing gum market covers the following areas:
- Functional chewing gum market sizing
- Functional chewing gum market forecast
- Functional chewing gum market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global functional chewing gum market: AB Natural Base SA CV, Cipla Inc., Cloetta AB, Federation of Migros Cooperatives, Ford Gum Inc., Gumlink Confectionery Company AS, Hager and Werken GmbH and Co. KG, Johnson and Johnson Services Inc., JOYRIDE, Makers Row Inc., Mars Inc., MD E GUM SRL, Med CBDX, Mondelez International Inc., Per Os Biosciences LLC, Perfetti Van Melle Group BV, Simply Gum Inc., The Hershey Co., Think Gum LLC, and WUG Functional Gums SL.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing online presence of functional chewing gum vendors."
According to the report, one of the major drivers for this market is the increasing demand for nicotine gum in smoking cessation therapy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Natural Base SA CV
- Cipla Inc.
- Cloetta AB
- Federation of Migros Cooperatives
- Ford Gum Inc.
- Gumlink Confectionery Company AS
- Hager and Werken GmbH and Co. KG
- Johnson and Johnson Services Inc.
- JOYRIDE
- Makers Row Inc.
- Mars Inc.
- MD E GUM SRL
- Med CBDX
- Mondelez International Inc.
- Per Os Biosciences LLC
- Perfetti Van Melle Group BV
- Simply Gum Inc.
- The Hershey Co.
- Think Gum LLC
- WUG Functional Gums SL