Chewing Gum Base Market Volume Forecast and Value Chain Analysis 2018 - 2028

Market Outlook for Chewing Gum Base:

Chewing gum base is the main ingredient of the chewing gum with other ingredients such as food colors, sweetener, and flavors, which gives gum the said chewable characteristic due to masticatory properties. Chewing gum base is non-digestive, non-nutritive, and water-insoluble. Chewing gum base is the substance that holds all other ingredients together. Chewing gum base possesses characteristics such as pliability, plasticity, elasticity, hardness, the degree of stickiness, and the desired texture. These are important factors to consider when considering a material to be used as a chewing gum base. It is important for a chewing gum to have a high degree of pliability and elasticity and not to become firm during the mastication process.

Chewing Gum Base Market: Dynamics

Chewing gum base demand is increasing due to surging demand of the chewing gum. The main reason for increasing demand for chewing gum is the health benefits from chewing the gum such as stress release, improved oral hygiene, and enhanced concentration. Also, other factors responsible for increasing demand of chewing gum are the range of flavor and colors available which mainly attracts youth and kids. Artisan confectionery is becoming popular in various countries which is responsible for growth in the demand for the chewing gum base market.

Chewing gum base material uses mostly synthetic rubbers such as polyethylene, polyvinyl acetate etc. instead of natural rubber to allow long-lasting flavor, improve texture. These synthetic materials are plastics and hence a source of pollution. Because of this chewing gum base derived from natural resources are gaining demand in the chewing gum industry. Some companies opting for the ancient practice of using Chicle or tree sap as a chewing gum base is a suitable and healthier yet environment-friendly alternative. Chewing gum base derived from natural sources are simple, healthy, and non-GMO fulfilling current consumer demand for the healthy product.

However, chewing gum contains some additives which impart a bad effect on health and is the main restraint for the growth of the chewing gum base market. Added antioxidants, such as Butylated Hydroxytoulene, are added as food preservative that prevents fat from going rancid. The use of this chemical is controversial as some studies on animals have shown that it can cause cancer.

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Chewing Gum Base market segmentation:

Chewing Gum Base market segmentation on the basis of the type:

Natural
Synthetic

Chewing Gum Base market segmentation on the basis of the form:

Blocks
Pellets
Sheets

Chewing Gum Base market segmentation on the basis of source:

Acacia tree
Carob tree
Cluster bean
Red seaweed
Fruit Peel
Other

Chewing Gum Base market segmentation on the basis of end use:

Food
Confectionery
Candy
Pharmaceutical
Clinical

Global Chewing Gum Base market: Key players

Cafosa, Gum Base Co., Ingredion Inc., Proaroma, Fertin Pharma, Wacker, Boc Science, Neostar United Industrial Co. Ltd., and Angene International Ltd. are among the key players in the global Chewing gum base market.

Global Chewing Gum Base market: Key developments

Ingredion Inc.: In January 2017, Ingredion Inc. acquired TIC Gums Inc. for $400 million cash transaction. TIC Gums Inc. was a leading manufacturer of advanced texture systems to the food and beverage industry. As Ingredion is present globally, this will lead to further expansion of the chewing gum base market.

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October 2013: At Cafosa, a major manufacturer of chewing gum base material, the main focus to minimize carbon footprint was realized by identifying opportunities to improve resource consumption management and reduction of water and energy use in the production processes. Also, waste management was improved by no waste been sent to landfill, following the company’s policy of environmental awareness. These results encourage to continue to create an impact on the community and the negative effects on the environmental could decrease in the future.

Global Chewing Gum Base market: Opportunity

Consumption of chewing gum base is increasing in Asia-Pacific and still growing followed by North America and Europe. China is the leader in the production of chewing gum base followed by the U.S. and Canada. Application in the pharmaceutical industry is expected to witness significant growth on account of growing awareness and increasing R&D spending towards product development in the industry. Overall demand for natural origin chewing gum base should increase as the product is clean label gaining popularity among the health-conscious population around the globe. As only a few major food and beverage manufacturers are producing the naturally derived chewing gum base, comparing supply-demand figures market should increase and an opportunity for small and medium-sized producer should increase.

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This release was published on openPR.