Press release
Growing demand for Gum Market to grow at a CAGR of 1.08% to 2017-2021
About Gum
Gum is a confectionery product designed to freshen breath. This confectionery product contains a gum base, sweeteners, flavors, colors, and others. Gums are typically classified as chewing gums and bubble gums, and sugared gums and sugar-free gums. Gums are generally breath-freshening items available in varied sizes like pellets, lozenges, and strips in tasty flavors to attract all consumer groups: Children, teenagers, and adults. The sales for gums is largely dependent on consumer impulse. Thus, modern retailers place bubble gums; teeth whitening gums; and chewing gums at cash/billing counters in supermarkets/hypermarkets. Various studies validate that gums constitute one of the largest categories to be purchased at checkout zone, followed by cigarettes and tobacco products. In addition to this, the demand for sugar-free and teeth whitening gums and gums that prevent tooth decay are increasing globally.
Technavios analysts forecast the global gum market to grow at a CAGR of 1.08% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global gum market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Gum Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Mars
Mondelz International
Perfetti Van Melle
Lotte
Other prominent vendors
Arcor
Verve (Glee Gum)
The PUR Company
Peppersmith
Focus Nutrition
Xlear
Cloetta
Colombina
EZAKI GLICO
Ferrara Candy Company
Meiji Holdings
MORINAGA & CO
Hershey
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Market driver
New product launches
For a full, detailed list, view our report
Market challenge
Decline in smoking rates impacting the consumption of gums
For a full, detailed list, view our report
Market trend
Growing demand for functional gums
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Global confectionery market
PART 05: Market landscape
Global gum market
Five forces analysis
PART 06: Market segmentation by product type
Global chewing gum market
Global bubble gum market
PART 07: Market segmentation by product ingredient
Global sugar-free gum market
Global sugared gum market
PART 08: Market segmentation by end-user
Hypermarkets, supermarkets, and convenience stores
Independent retailers and drug stores
Others
PART 09: Geographical segmentation
Gums market in EMEA
Gums market in Americas
Gums market in APAC
PART 10: Key leading countries
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