Chewing Gum Market to Reach USD 20.84 Bn by 2030 with 2.01% CAGR Growth

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬, 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐚𝐧𝐝 𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐀𝐜𝐫𝐨𝐬𝐬 𝐑𝐞𝐠𝐢𝐨𝐧𝐬

The global chewing gum market is experiencing remarkable growth, driven by evolving consumer preferences, product innovations, and expanding market dynamics across various regions. According to recent research, the global chewing gum market is projected to grow at a CAGR of 2.01% from 2024 to 2030, reaching a market size of USD 20.84 billion by the end of the forecast period. This press release delves into country-specific data, mergers and acquisitions, and key recent developments within the chewing gum industry, with a special focus on Vietnam, Thailand, Japan, South Korea, Singapore, the US, and Europe.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐫𝐢𝐠𝐡𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/27775/

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

Vietnam's chewing gum market is witnessing rapid growth, supported by increased consumer spending and a rising preference for sugar-free gum. Recent mergers, such as Perfetti Van Melle's expansion in the region, have bolstered local market offerings. Additionally, partnerships between Wrigley and local distributors have amplified product accessibility. With a CAGR of 5.2%, Vietnam is becoming a significant player in the global chewing gum landscape.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

Thailand's chewing gum market is influenced by health-conscious trends and innovative product launches. Lotte Confectionery recently introduced herbal gum variants tailored for the Thai market. The market's growth is further supported by government initiatives to promote sugar-free products. With a projected market value of USD 1.2 billion by 2030, Thailand's chewing gum segment is flourishing.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

In Japan, the chewing gum market is heavily driven by technological innovations and a focus on functional benefits. Meiji Holdings launched a gum range that promotes oral health, targeting health-conscious consumers. Recent acquisitions, such as Ezaki Glico expanding its gum portfolio, highlight the market's vibrancy. Japan's chewing gum market is anticipated to grow at a CAGR of 3.8% over the forecast period.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

South Korea's chewing gum industry is consolidating due to significant mergers and collaborations. Orion Confectionery has partnered with global leaders like Mars Wrigley to introduce innovative flavors. Key developments, such as the introduction of biodegradable gum, are reshaping market dynamics. South Korea's market is expected to reach USD 2.5 billion by 2030.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

Singapore's strict regulations on chewing gum sales have shaped a unique market landscape. However, innovations such as nicotine gum by Nicorette and herbal gum by Hacks have created niche opportunities. Recent updates to regulations have also opened up limited sales for medicinal gum, driving market potential.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬:

The US remains the largest market for chewing gum, with key players like Mars Wrigley and Mondelez International dominating the landscape. Recent trends show an increasing preference for organic and sugar-free variants. Mergers such as Mondelez acquiring smaller health-focused brands have solidified its market position. The US chewing gum market is projected to reach USD 15.4 billion by 2030, growing at a CAGR of 4.2%.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐚𝐧𝐝 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞:

Europe's chewing gum market is characterized by high demand for sustainable and eco-friendly products. Key players such as Perfetti Van Melle and Haribo have introduced biodegradable and plastic-free gum ranges. Recent acquisitions, including Haribo's partnership with regional distributors, have expanded product availability across Europe. The market is set to achieve a value of USD 18.7 billion by 2030, with a CAGR of 4.5%.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭

𝑴𝒂𝒓𝒔 𝑾𝒓𝒊𝒈𝒍𝒆𝒚 launched a new range of sugar-free gums infused with vitamins.
𝑷𝒆𝒓𝒇𝒆𝒕𝒕𝒊 𝑽𝒂𝒏 𝑴𝒆𝒍𝒍𝒆 announced its entry into the South Asian market with innovative product offerings.
𝑳𝒐𝒕𝒕𝒆 𝑪𝒐𝒏𝒇𝒆𝒄𝒕𝒊𝒐𝒏𝒆𝒓𝒚introduced gum with functional benefits, targeting millennials and Gen Z.
𝑴𝒐𝒏𝒅𝒆𝒍𝒆𝒛 𝑰𝒏𝒕𝒆𝒓𝒏𝒂𝒕𝒊𝒐𝒏𝒂𝒍invested in sustainable packaging for its chewing gum products, aiming to reduce environmental impact.
𝑯𝒂𝒓𝒊𝒃𝒐 unveiled new biodegradable gum across its European markets.
𝐅𝐨𝐫 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐫𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐚𝐧𝐝 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐜𝐡𝐞𝐜𝐤 𝐨𝐮𝐭: https://www.maximizemarketresearch.com/request-sample/27775/

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭

Sugar-free Gum
Sugared Gum

𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

Convenience Stores
Specialist Retailers
Supermarkets and Hypermarkets
Variety Stores
Online Retail
Department Stores
Others

𝐛𝐲 𝐅𝐨𝐫𝐦

Sticks/tabs
Pellets/pillows
Liquid Filled Gum
Others

The growth of sugar- free chewing gum is encouraged while the consumption of sugar- containing chewing gum has declined . Sugar - free chewing gum remains a promising category in most countries , growing at a much faster rate . Growing fears of tooth decay caused by sugar have forced manufacturers to launch a range of sugar - free products to boost sales . It is the increase in demand for single pack sizes and product innovation in the single format that can drive the sale of chewy candies .

𝐓𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐢𝐬 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐦𝐚𝐭𝐭𝐞𝐫 𝐟𝐮𝐫𝐭𝐡𝐞𝐫, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝: https://www.maximizemarketresearch.com/request-sample/27775/

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

North America
1. Hershey
2. Mars Incorporated
3. Mondelez International
4. Tootsie Roll Industries
5. Kraft Heinz
6. Marich Confectionery
7. Simply Gum
8. Glee Gums

Asia-Pacific
9. Lotte Ventures
10. Intergum
11. Takasago International
12. suifafood
13. gudgum

Europe
14. Perfetti Van Melle
15. Cloetta
16. Haribo
17. Mind The Gum
18. Alpengummi
19. Milliways Food
20. BenBits
21. Eace Gum
22. The PUR Company
23. VitaeGum

MEA
24. Sharawigroup

South America
25. Arcor Group

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