Global Chewing Gum Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Chewing Gum Market - Segmented by Product Type, Distribution Channel and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global chewing gum market valued at USD 16.6 billion in 2017 and is expected to register a stable growth rate during the forecast period. The global chewing gum sale recorded a CAGR of 2% during the past five years. About 580 million Kg of chewing gum consumed in 2016, which is growing at a stable growth.

Developed region maintains a dominant position in the sugar-free gum market owing to oral health benefits. Sugar-free chewing gum is still a nascent category in the majority of the countries while is growing at a much faster rate. Rising concern regarding tooth decay due to sugar content has forced manufacturers to launch a sugar-free range of products to boost sale. Sugared chewing gum has observed a decline in consumption whereas sugar-free is growing in demand.

Europe remains the dominant market in chewing gum market with UK and Italy being the significant market. The unit consumption of chewing gum is growing at a stable rate with fueled mainly by sugar-free gums. The market is primarily driven by increased demand for on-the-go mouth freshness products with active ingredients, such as stevia, xylitol, and mint. China and India are contributing the healthy growth rate globally. China chewing gum market size is expected to reach near to the US by 2023.

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Market Overview

4. Market Segmentation

5. Competitive Landscape

6. List of Company Profiles

7. Companies Covered

8. Appendix

Companies Mentioned

  • The Hershey Company
  • Mars Inc.rporated
  • Ferrero International SA
  • Perfetti Van Melle
  • Mondelz International Inc.
  • Lotte Group
  • Tootsie Roll Industries
  • Wm. Wrigley Jr. Company
  • Ferndale Confectionery Pty Ltd
  • Kraft Foods Inc.

For more information about this report visit https://www.researchandmarkets.com/research/c8kzxv/global_chewing?w=4

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Related Topics: Snacks and Confectionery

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Snacks and Confectionery