Israel Gum Market Size study, by Type (Bubble Gum, Chewing Gum), by Distribution Channel (Online, Offline), and Regional Forecasts 2022-2032
The Israel Gum Market is valued approximately at USD 123.22 million in 2023 and is anticipated to grow with a healthy growth rate of more than 3.9% over the forecast period 2024-2032. The gum market in Israel has demonstrated consistent growth, with a notable CAGR of 4.13% from 2018 to 2023. This growth trajectory is further highlighted by the market's robust performance in 2023, achieving a sales value increase of 5.47% compared to the previous year, despite experiencing its weakest performance in 2020 with a growth rate of 3.66%.
The comprehensive research handbook offers current market size data spanning from 2018 to 2023, along with illustrative forecasts extending to 2028. It meticulously covers key market aspects such as sales value and volume for gum and its variants, including bubble gum and chewing gum. This resource is invaluable for stakeholders, providing detailed sales value and volume data for top brands from 2020 to 2023 and an in-depth analysis of market sales by distribution channels, both online and offline.
The Israel Gum Market's positive growth can be attributed to various factors, including evolving consumer preferences and increased market penetration of new and innovative gum products. Additionally, the expanding distribution networks, both online and offline, play a crucial role in enhancing product availability and accessibility, thereby driving market growth. The research handbook serves as an essential tool for companies active in or planning to enter Israel's gum (confectionery) market, providing comprehensive statistics that offer valuable insights into the market's operating environment. These insights facilitate informed business decision-making, leveraging historical trends and industry model-based forecasting to navigate ongoing large-scale market uncertainties effectively.
Major market players included in this report are:
Wrigley Company
Mondelēz International
Perfetti Van Melle
Lotte Confectionery
Cloetta
Haribo
Zed Candy
Chupa Chups
Arcor
Fini Sweets
Meiji Holdings
Hershey's
Nestlé
Mars Inc.
Orion Confectionery
The detailed segments and sub-segment of the market are explained below:
By Type • Bubble Gum • Chewing Gum
By Distribution Channel • Online • Offline
Years considered for the study are as follows: • Historical year – 2022 • Base year – 2023 • Forecast period – 2024 to 2032
Key Takeaways: • Market Estimates & Forecast for 10 years from 2022 to 2032. • Annualized revenues and regional level analysis for each market segment. • Competitive landscape with information on major players in the market. • Analysis of key business strategies and recommendations on future market approach. • Analysis of competitive structure of the market. • Demand side and supply side analysis of the market.
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Chapter 1. Israel Gum Market Executive Summary
1.1. Israel Gum Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Type
1.3.2. By Distribution Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Israel Gum Market Definition and Research Assumptions