Functional Chewing Gum Market - Industry Analysis and Forecast by Arizton Advisory & Intelligence

The global functional chewing gum market is expected to cross $9 billion, growing impressively at a CAGR of 4.7% during 2016−2022. With increasing health consciousness among people globally, the demand is expected to increase during the forecast period. The demand for functional gums is increasing globally, especially from emerging markets such as APAC and MEA. North America and Europe are witnessing a steady demand for functional chewing gums. The nicotine gum is likely to be the dominant segment, whereas the weight management gum segment is expected to witness the fastest growth.

View report : Functional Chewing Gum Market - Global Outlook and Forecast 2017 - 2022

https://arizton.com/reports/healthcare-lifesciences/functional-chewing-gum

Major vendors profiled in the report are as following:
● Mars Incorporated
● Mondelez International Inc.
● Perfetti

Other vendors include Cloetta, Khlôros Technologies, Lemon Pharma, Functional Gums s.r.l., Ezaki Glico, Meiji Holdings, Orion Group, Project 7, Masterfoodeh Co., Mastix , Vitaball Inc., and WUGUM.

The report offers key analysis of major segments of the market by type, distribution channels, geography, country, and vendors. It provides a detailed analysis of revenue from various segments:

Product Type (Nicotine gum, Oral health gum, Weight management gum, Lifestyle gum)

Distribution Channel ( Online, Offline)

Geography (APAC, EMEA, Latin America, North America)

Country (Brazil, Canada, China, Germany, Japan, Mexico, South Africa, UAE, UK, US)

Increased use of fat burning and anti-hunger gums are likely to drive the market growth

Increase in alertness and attention and reduction of anxiety offered by chewing gum are major factors, which are attracting customers towards functional chewing gums. Growth in smoking population in developing regions and increased use of fat burning/slim and anti-hunger functional gums are among the other significant factors that are expected to drive the market during the forecast period. The study also discusses the latest trends that are going to push the market growth for the next five years. Introduction of innovative functional gums such as cancer detecting and health benefits, and the increase online retailing impacting the consumers purchasing decision are among the emerging trends that are going to shape the market positively during the forecast period. Fluctuation in pricing strategy and lack of regulations are some of the restraint that are going to affect the market. The report discusses the trends, drivers, restraints and their impact on the market. The report also provides Porter’s Five Force Analysis and their impact on the market.

For more information view report

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Source: https://arizton.com/reports/healthcare-lifesciences/functional-chewing-gum

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