Global Functional Chewing Gum Industry Research Report, Growth Trends and Competitive Analysis 2021-2027

Functional chewing gum is the name given to types of chewing gum which impart some practical function instead of, or in addition to, the usual enjoyment provided by a traditional chewing gum as a confectionery product. Examples of this include nicotine gum which is used to aid smoking cessation & so-called Think Gum which designers say they believe may enhance mental functioning. It could be argued that most gum (at least the mint varieties) provides some function in that they can improve bad breath, but such an effect is so widespread that the term 'functional' is almost always applied to gum with some additional function. Medical uses for 'functional chewing gum' include a reported reduction in the duration of post-operative ileus following abdominal and specifically gastrointestinal surgery.
Functional Chewing Gum are mainly classified into the following types: Tooth Protection Gum, Quit Smoking Gum, Weight Loss Gum, Others. Tooth Protection Gum is the most widely used type which takes up about 60.35% of the total in 2016 in Global.

Europe and North America are the main consumption regions of Functional Chewing Gum in the world in the past few years and it will keep the same position in the next few years. The market size of Asia-Pacific region will grow fast in the following years.

Wrigley, Mondelez, Lotte, Perfetti Van Melle, etc. are the key suppliers in global market, which have leading technology and market position. Top 5 took up about 81.91% of the global market in 2016.

Global consumption of Functional Chewing Gum rises up from 186780.4 MT in 2012 to 217675.4 MT in 2016, with an average annual growth rate of 3.90%. The reason causes this increase is the growing demand for the Functional Chewing Gum products, which is the result of the growing needs of downstream industry.

Although sales of Functional Chewing Gum products bring a lot of opportunities, the study recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Functional Chewing Gum field hastily.

In 2020, the global Functional Chewing Gum market size was US$ 3364.9 million and is forecast to 3879.4 million US in 2027, growing at a CAGR of 2.4% during the 2021-2027. In this study, 2020 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Functional Chewing Gum.
The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Functional Chewing Gum market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Functional Chewing Gum market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Functional Chewing Gum market. Readers of the report can become informed about current and future trends of the global Functional Chewing Gum market and how they will impact market growth during the forecast period.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Segment by Type
Tooth Protection Gum
Quit Smoking Gum
Weight Loss Gum
Others

Segment by Application
Online Sales
Offline Sales

By Company
Wrigley
Mondelez
Lotte
Perfetti Van Melle
GelStat (GSAC)
ZOFT Gum
Hershey's
Think Gum LLC.
Miradent
Cloetta Fazer
Peppersmith
Nicotinell
Orion
Yake

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