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 growing demand for nicotine gum is one of the important trends driving the growth of the global gum market over the predicted period. Nicotine gum is a type of chewing gum that delivers nicotine to the body and helps in coping with the withdrawal symptoms of smoking. According to the US FDA, tobacco products are responsible for an average of 440,000 deaths in the US every year. Therefore, to combat this health hazard, the FDA approves safe and effective therapies that consumers can use to stop smoking, including nicotine gums, lozenges, and patches. Moreover, several governments and organizations have extended support to people who want to quit smoking by providing NRT (nicotine replacement therapy). The desire to quit smoking tobacco and the increasing awareness regarding its harmful effects will contribute to the growth of this market over the next four years.
Europe led the global gum market during 2015 and is expected to account for more than 34% of the market share by 2020. The gum market in Europe is expected to decline during the forecast period due to a huge decline in the per capita consumption of gum products. Moreover, ongoing the health and wellness trend in Europe has limited the overall consumption of gum products. However, the growing demand for sugar-free gum and the increasing use of chewing gum as a breath freshener will aid in the growth of this market in Europe during the forecast period.
The global Gum market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Gum volume and value at global level, regional level and company level. From a global perspective, this report represents overall Gum market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Gum in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Gum manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Lotte
Meiji Holdings
Mondelez International
Perfetti Van Melle
Wrigley
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Chewing Gum
Bubble Gum
Segment by Application
Hypermarkets
Supermarkets
Convenience Stores
Departmental Stores
Specialty Stores
Online Purchases
Summary:
Get latest Market Research Reports on Gum. Industry analysis & Market Report on Gum is a syndicated market report, published as Global Gum Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Gum market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.