Chewing Gum Market Valued at US$ 18.13 Billion in 2023, Projected to Reach US$ 20.84 Billion by 2030 at a CAGR of 2.01%

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐆𝐫𝐨𝐰𝐭𝐡: 𝐕𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟐𝟖.𝟕 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑, 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐑𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟑𝟗.𝟗 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟒.𝟖%

The global Chewing Gum Market is experiencing a strong growth trajectory, driven by an increase in consumer demand for flavored gums, functional chewing gum products, and growing awareness of oral health. According to recent reports, the Chewing Gum Market was valued at USD 28.7 billion in 2023 and is projected to reach USD 39.9 billion by 2030, growing at a CAGR of 4.8% during the forecast period.

The market is supported by rising disposable incomes, increasing demand for sugar-free gum, and the growing trend of chewing gum as a tool for stress relief and improved focus. Additionally, the market is witnessing product innovations, such as functional chewing gums that offer added benefits like fresh breath, teeth whitening, and digestive health.

This press release delves into key trends, country-specific opportunities, and significant developments in the chewing gum industry.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The Chewing Gum Market is dominated by the demand for sugar-free chewing gums, which are gaining popularity among health-conscious consumers. Consumers are increasingly seeking gums that provide both functional benefits (such as stress relief, improved focus, or oral health) and indulgent flavors. Additionally, brands are focusing on product innovation, with a particular emphasis on organic and natural ingredients to meet evolving consumer preferences for healthier alternatives.

The market is also being propelled by innovations in gum formulations that help in oral hygiene, such as teeth-whitening gums and gums with added probiotics. These product categories are becoming essential in appealing to a wide range of consumers across various demographics.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

The chewing gum market in Vietnam is expanding rapidly due to the growing demand for convenient and affordable confectionery products. The market is expected to grow at a CAGR of 5.2% through 2030.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

As the Vietnamese population becomes more urbanized and health-conscious, there is an increasing preference for sugar-free gums and functional chewing gum products. Consumers are opting for gums that provide added benefits, such as breath freshening and digestion improvement. The younger generation, especially in cities like Hanoi and Ho Chi Minh City, is more likely to indulge in chewing gum as a daily habit.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

Global brands such as Wrigley's and Mondelēz International are strengthening their positions in Vietnam through local partnerships and targeted marketing campaigns. These companies are also expanding their product portfolios to include sugar-free gums and natural gum ingredients.

𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐫 𝐢𝐧𝐪𝐮𝐢𝐫𝐞 𝐧𝐨𝐰 : https://www.maximizemarketresearch.com/request-sample/27775/

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's chewing gum market is experiencing steady growth, with a projected CAGR of 4.6% from 2023 to 2030.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

There is a growing demand for flavored chewing gums, particularly fruit-flavored and mint-based gums. Additionally, sugar-free gums are seeing a surge in popularity, with consumers becoming increasingly aware of the health benefits of low-calorie options. Thailand is also witnessing an interest in functional chewing gums, with benefits ranging from fresh breath to stress relief.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

Wrigley's and Mars Inc. have intensified their focus on the Thai market, launching new flavors and sugar-free variants. These brands are also emphasizing sustainability in their production processes, aligning with Thailand's growing commitment to environmental responsibility.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan is one of the most mature markets for chewing gum, but it continues to show significant growth potential, especially in functional chewing gums. The market is forecast to grow at a CAGR of 4.9% by 2030.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

Japanese consumers are increasingly interested in functional chewing gums that provide additional benefits such as oral health and stress relief. The country's aging population is also contributing to a rise in demand for sugar-free gums that offer convenience and health benefits. Matcha-flavored chewing gums and other unique regional flavors are also gaining traction.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

Lotte and Meiji are key players in the Japanese market. They have been focusing on introducing innovative gum products, such as those made with natural ingredients and gums designed to aid in digestive health. Additionally, Lotte has introduced eco-friendly packaging for their chewing gum brands, catering to the growing demand for sustainable products.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's chewing gum market is seeing consolidation, with large international players merging with local companies to capture the growing demand for functional and sugar-free gums. The market is projected to grow at a CAGR of 5.0% through 2030.

𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

The South Korean market is heavily influenced by K-beauty trends, which has led to an increased interest in gum products that promote oral health. Many consumers are switching to sugar-free gums for better health management. Companies are also focusing on innovative gum formulations that offer benefits like teeth whitening and improved focus.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

Lotte Confectionery and Wrigley's are leading the charge in South Korea. Lotte Confectionery, in particular, has expanded its market share by acquiring smaller local brands and focusing on premium gum products. Additionally, Wrigley's is promoting its sugar-free and functional gum variants to meet consumer demand for health-conscious options.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore presents a strong growth opportunity for the chewing gum market, with a projected CAGR of 4.2% through 2030.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

In Singapore, there is an increasing demand for sugar-free gums, with consumers becoming more health-conscious and seeking gums with added functional benefits such as breath freshening and oral health improvement. Singapore's modern retail landscape and the rise of e-commerce are also driving the growth of this market.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

Wrigley's and Mondelez have expanded their presence in Singapore through enhanced retail partnerships and a focus on new product introductions. The demand for premium and organic gum options is also rising in Singapore, with Wrigley's launching natural gum variants to cater to this trend.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

The United States remains the largest market for chewing gum globally, driven by strong consumer demand for both functional chewing gum and traditional gums. The U.S. market is expected to grow at a CAGR of 4.3% through 2030.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬:

There is a growing trend in the U.S. for sugar-free chewing gum and gums that offer additional health benefits like improved oral health and stress relief. Mint-flavored gums and energy-boosting gums are gaining popularity as consumers seek products that align with their health-conscious lifestyles.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬:

Wrigley's, Mondelez International, and Mars Inc. are continuing to dominate the market by innovating with new gum flavors, sugar-free options, and functional gum products. Wrigley's has also increased focus on sustainability, with the introduction of eco-friendly packaging for its chewing gum products.

𝐂𝐡𝐞𝐰𝐢𝐧𝐠 𝐆𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

The European chewing gum market is expected to grow at a CAGR of 4.4% from 2023 to 2030, with increasing demand for healthier and functional chewing gum options.

Trends in Europe:

Consumers in Europe are shifting toward sugar-free chewing gum options and products that offer additional benefits like oral care, breath freshening, and improved digestion. Functional gum that helps with weight management and stress relief is also gaining traction across European countries.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞:

Wrigley's and Mondelez International are expanding their presence in Europe by launching new sugar-free variants and organic gum products. Furthermore, Mars is focusing on promoting low-calorie gums to cater to the increasing demand for healthier gum products in the region.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐫 𝐢𝐧𝐪𝐮𝐢𝐫𝐞 𝐭𝐨𝐝𝐚𝐲 : https://www.maximizemarketresearch.com/request-sample/27775/

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐤𝐞𝐲 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐍𝐚𝐢𝐥 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 :

𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭

Sugar-free Gum
Sugared Gum

Sugar-free chewing gum growth is growing whereas sugared chewing gum has experienced a fall in use. Sugar-free chewing gum is still a promising category in the majority of the countries, consequently increasing at a significantly higher rate. Manufacturers have been driven to provide a line of sugar-free products in an effort to increase sales due to growing concerns about tooth disease caused by sugar content. Potential chewing gum industry opportunities driving the sale include rising demand for single-pack sizes and product innovation in the distinctive format.

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

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 : @https://www.maximizemarketresearch.com/market-report/chewing-gum-market/27775/

𝐋𝐞𝐚𝐫𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐭𝐨𝐩 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐢𝐥 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 :

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

𝐆𝐞𝐭 𝐚𝐧𝐬𝐰𝐞𝐫𝐬 𝐭𝐨 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐍𝐚𝐢𝐥 𝐂𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 :

What is Chewing Gum ?
What is the growth rate of the Chewing Gum Market?
Which are the factors expected to drive the Chewing Gum market growth?
What is the CAGR at which the Chewing Gum market will grow during the forecast period?
What are the different segments of the Chewing Gum Market?
Which is the fastest growing region in the Chewing Gum market?
What growth strategies are the players considering to increase their presence in Chewing Gum ?
What are the upcoming opportunities and trends for the Chewing Gum Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Chewing Gum Market?
Who are the leading companies and what are their portfolios in Chewing Gum Market?
What segments are covered in the Chewing Gum Market?
Who are the key players in the Chewing Gum market?

𝐆𝐚𝐢𝐧 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐥𝐢𝐧𝐤 @https://www.maximizemarketresearch.com/request-sample/27775/

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬.

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐨𝐮𝐫 𝐭𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐭𝐨 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐬𝐡𝐢𝐟𝐭𝐬 :

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

𝐑𝐞𝐚𝐜𝐡 𝐎𝐮𝐭 𝐭𝐨 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐟𝐨𝐫 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 :

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
sales@maximizemarketresearch.com
www.maximizemarketresearch.com

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