Global Non-Functional Chewing Gum Market Growth 2023-2029

Global Non-Functional Chewing Gum Market Growth 2023-2029

Chewing gum is a kind of candy for chewing rather than swallowing. Traditionally, it is made from sugar gum. The statistic scope in this report excludes buddle gum.
LPI (LP Information)' newest research report, the “Non-Functional Chewing Gum Industry Forecast” looks at past sales and reviews total world Non-Functional Chewing Gum sales in 2022, providing a comprehensive analysis by region and market sector of projected Non-Functional Chewing Gum sales for 2023 through 2029. With Non-Functional Chewing Gum sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-Functional Chewing Gum industry.
This Insight Report provides a comprehensive analysis of the global Non-Functional Chewing Gum landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Non-Functional Chewing Gum portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Non-Functional Chewing Gum market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-Functional Chewing Gum and breaks down the forecast by flavor, by distribution channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Non-Functional Chewing Gum.
The global Non-Functional Chewing Gum market size is projected to grow from US$ 6689.3 million in 2022 to US$ 7945.8 million in 2029; it is expected to grow at a CAGR of 7945.8 from 2023 to 2029.
Global Non-Functional Chewing Gum key players include Mars, Mondelez, Lotte, Perfetti Van Melle, Orion, etc. Global top 5 manufacturers hold a share over 70%.
Asia-Pacific is the largest market, with a share about 30%, followed by Europe, and North America, both have a share about 57 percent.
In terms of product, Peppermint is the largest segment, with a share over 22%. And in terms of application, the largest application is Supermarkets, followed by Online Store, Grocery Stores, Others.
This report presents a comprehensive overview, market shares, and growth opportunities of Non-Functional Chewing Gum market by product flavor, distribution channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by flavor
Spearmint
Peppermint
Wintergreen/Winterfresh
Fruit Flavors
Others
Segmentation by distribution channel
Online
Supermarkets
Grocery Stores
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mars
Mondelez
Lotte
Perfetti Van Melle
Orion
Cloetta
Peppersmith
Hershey’s
Yake
Tootsie Roll
Republic Biscuit

Key Questions Addressed in this Report
What is the 10-year outlook for the global Non-Functional Chewing Gum market?
What factors are driving Non-Functional Chewing Gum market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Non-Functional Chewing Gum market opportunities vary by end market size?
How does Non-Functional Chewing Gum break out flavor, distribution channel?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.