Global Gum Market

Many new kinds of chewing gums are being introduced in the market which inflict good effects in personal hygiene. Teeth whitening gums, tooth decay preventing gums, sugar free, etc. Energy gums is also an emerging sector where key market players have already begun researching about new innovative ingredients.

Chewing gums are also becoming increasingly popular among sportspersons. The stress releasing factor pulls the consumer to the purchase of chewing gums. The market is valued at US$ XX Billion and is expected to grow at a CAGR of XX per cent. It is projected to reach a valuation of US$ XX Billion at the end of the forecast period.

Market Dynamics

Used majorly as a mouth freshener, gum is an attractive impulse buy for the consumers. Producers have come up with new flavors, sporting new health benefits. Producers are attracting more and more consumers towards chewing gums by advertising them with benefits like tooth decay prevention, teeth whitening, etc. The introduction of such healthy alternatives is a boost for the market. However, gums are still considered environmental hazards. Their disposal of chewed gum is still a concern. Such factors restrain the market growth.

Market Segmentation

The global gum market can be segmented into the following:

By Type

> Bubble gum

> Chewing gum

> Functional gum

> Energy gum

> Others

By Sugar Type

> Sugared

> Sugar free

By Distribution Channel

> Hyper markets

> Super markets

> Convenience stores

> Departmental stores

> Specialty stores

> Online Purchases

Functional gums are gums which have practical use as well in spite of the usual enjoyment. Nicotine gums are popular for aiding smoking cessation. Producers have also come up with something called think gums. Researchers say if helps in enhancing mental function. Other functional gums include teeth whitening gums, tooth decay prevention gums, etc.

Geographical Analysis

Europe holds the largest share in the number of gum purchases in the market. Countries like Bulgaria, Germany, UK, Switzerland, etc. contribute the most to the market. The large population in the Asia Pacific region ranks it second in terms of sales. India and China lead the charts with the highest number of sales. The market in South America is growing at a quick rate. North America's gum market is growing at a sluggish rate.

Key Players

Some of the key players in the market are: Wrigley's,Mondelez,Perfetti,Lotte,Cloetta

Report Contents:

> Global Gum Market segments

> Global Gum Market Drivers, Restraints and Opportunities

> Global Gum Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Global Gum Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>>US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Westren Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastren Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Global Gum Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage