In this report,global Functional Chewing Gum Market will reach 3451.73 Million USD by the end of 2022 with a CAGR of 2.52%
The global Functional Chewing Gum market is valued at 3047.38 Million USD in 2017 and will reach 3451.73 Million USD by the end of 2022, growing at a CAGR of 2.52% during 2017-2022.
Functional chewing gum is the name given to types of chewing gum which impart some practical function instead of, or in addition to, the usual enjoyment provided by a traditional chewing gum as a confectionery product. Examples of this include nicotine gum which is used to aid smoking cessation & so-called Think Gum which designers say they believe may enhance mental functioning. It could be argued that most gum (at least the mint varieties) provides some function in that they can improve bad breath, but such an effect is so widespread that the term 'functional' is almost always applied to gum with some additional function. Medical uses for 'functional chewing gum' include a reported reduction in the duration of post-operative ileus following abdominal and specifically gastrointestinal surgery.
Functional Chewing Gum can be divided into four categories: Tooth Protection Gum type, Quit Smoking Gum type, Weight Loss Gum type and other types. Tooth Protection Gum type accounted for the highest proportion in sales market, with a figure of 60.32% in 2017, followed by Quit Smoking Gum type, account for 18.85% and Weight Loss Gum type account for 10.01%.
The sales market share of global Functional Chewing Gum in Online Sales channel and Offline Sales channel have been stable year by year, at 66.39% and 33.61% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Functional Chewing Gum in the global market tends to be fixed without great changes. Among them, the Functional Chewing Gum market has the most promising sales prospects in Online Sales channel.
XYZ research center data shows that Europe is the biggest contributor to the Functional Chewing Gum revenue market, accounted for 24.26% of the total global market with a revenue of 739.26 million USD in 2017, followed by Asia-Pacific, 24.09% with a revenue of 734.18 million USD.
Wrigley Company is the largest company in the global Functional Chewing Gum market, accounted for 34.85% of the revenue market share in 2017, followed by Mondelez and Lotte, accounted for 25.72% and 10.95% of the revenue market share in 2017. The Functional Chewing Gum industry is quite concentrated. The top five producers account for above 80% of the revenue market.
Geographically, this report split global into several key Regions, with sales (K Pcs), revenue (M USD), market share and growth rate of Functional Chewing Gum for these regions, from 2014 to 2026 (forecast), covering
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
Global Functional Chewing Gum market competition by top manufacturers/players, with Functional Chewing Gum sales volume, Price (USD/Pcs), revenue (M USD) and market share for each manufacturer/player; the top players including
Wrigley Company
Mondelez
Lotte
Perfetti Van Melle
GelStat Corporation (GSAC)
ZOFT Gum
Hershey's
Think Gum LLC.
Miradent
Cloetta Fazer
Peppersmith
Nicotinell
Orion
Yake
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Tooth Protection Gum
Quit Smoking Gum
Weight Loss Gum
Others
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Functional Chewing Gum for each application, including
Online Sales
Offline Sales
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Summary:
Get latest Market Research Reports on Functional Chewing Gum Sales . Industry analysis & Market Report on Functional Chewing Gum Sales is a syndicated market report, published as Global Functional Chewing Gum Sales Market Report 2020 by Manufacturer, Region, Type and Application. It is complete Research Study and Industry Analysis of Functional Chewing Gum Sales market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.