Global Functional Chewing Gum Market Research Report 2020
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.
The global Functional Chewing Gum market is valued at 3202.9 million US$ in 2020 is expected to reach 3788.5 million US$ by the end of 2026, growing at a CAGR of 2.4% during 2021-2026.
This report focuses on Functional Chewing Gum volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Functional Chewing Gum market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Functional Chewing Gum market is segmented into
Tooth Protection Gum
Quit Smoking Gum
Weight Loss Gum
Segment by Application
Global Functional Chewing Gum Market: Regional Analysis
The Functional Chewing Gum market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Functional Chewing Gum market report are:
Middle East & Africa
Global Functional Chewing Gum Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Functional Chewing Gum market include:
Perfetti Van Melle
Think Gum LLC.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.