Sugar-Free Chewing Gum Market Share, Size, Trends, Industry Analysis Report, By Flavor Type (Spearmint, Peppermint, Fruit flavor, Others); By Application; By Region; Segment Forecast, 2023-2032
The global sugar-free chewing gum market size is expected to reach USD 26.67 billion by 2032, according to a new study by Polaris Market Research. The report “Sugar-Free Chewing Gum Market Share, Size, Trends, Industry Analysis Report, By Flavor Type (Spearmint, Peppermint, Fruit flavor, and Others); By Application; By Region; Segment Forecast, 2023-2032” gives a detailed insight into the current market dynamics and provides analysis on future market growth.
The gum market has expanded rapidly in recent years. The growing wellness society, as well as the increased incidences of dental decay caused by excessive sugar consumption, have raised the interest in sugar-free chewing gum.
Other factors projected to promote the growth of the worldwide sugar-free chewing gum industry include regular product improvements, such as the launch of novel flavors, and a thriving organized retail sector. Unique advertising strategies are also boosting industry growth.
Most of the products are sold via convenience stores followed by hyper and supermarkets. However, Sugar-free chewing gum sales in traditional stores are likely to stay flat due to increased purchases from internet portals. Furthermore, internet channels give the ease of purchasing things from the comfort of one’s own home and a vast range of products.
Asia-Pacific is the most profitable market for makers of sugar-free chewing gum. Rising consumer awareness of the advantages of such gum, as well as increased investment by manufacturers in the region’s emerging nations, are a few of the factors fueling the expansion of the region. With easy product availability for consumers, the growing organized retail sector is contributing to market growth.
Chewing gum has several benefits ranging from breath refreshing to functioning as a pleasant method to consume vitamins and medication. To increase these chewing gum functionalities, however, a better comprehension of chewing gum components and processes is essential.
Sugar-Free Chewing Gum Market Report Highlights
North America garnered the largest revenue share. This dominance is primarily due to the presence of well-established players and significant innovations in the industry
By flavor type, peppermint flavor is projected to dominate the market with spearmint being the fastest growing.
By application, convenience stores hold the majority share owing to major consumer visit post lockdown and the selection of sugar-free chewing gums owing to changes in lifestyle which requires healthy gums and mouth.
Global market includes Mars Incorporated, Health Made Easy, Ferndale Confectionery, Ferrero, Verve Inc, and Kraft Food.
Polaris Market Research has segmented the Sugar-Free Chewing Gum market report based on Flavor Type, Application, and region:
Sugar-Free Chewing Gum, Flavor Type Outlook (Revenue – USD Billion, 2019 – 2032)
Spearmint
Peppermint
Fruit Flavor
Original Bubble Gum
Sugar-Free Chewing Gum, Application Outlook (Revenue – USD Billion, 2019 – 2032)
Hypermarket/Supermarket
Convenience Stores
Specialist Stores
Online Retail
Others
Sugar Free Chewing Gum, Regional Outlook (Revenue – USD Billion, 2019 – 2032)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
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