PUBLISHER: TechNavio | PRODUCT CODE: 1738128
PUBLISHER: TechNavio | PRODUCT CODE: 1738128
The functional chewing gum market is forecasted to grow by USD 3,444.8 mn during 2024-2029, accelerating at a CAGR of 5.7% during the forecast period. The report on the functional chewing gum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for nicotine gum in smoking cessation therapy, growing awareness about benefits of functional chewing gum, and strong distribution network between manufacturers and retailers.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 5.3% |
CAGR | 5.7% |
Incremental Value | $3,444.8 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's functional chewing gum market is segmented as below:
By Product
By Distribution Channel
By Flavor
By Geographical Landscape
This study identifies the increasing online presence of functional chewing gum companies as one of the prime reasons driving the functional chewing gum market growth during the next few years. Also, recycling chewing gum into new polymers and private-label functional chewing gum manufacturers will lead to sizable demand in the market.
The report on the functional chewing gum market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading functional chewing gum market vendors that include AB Natural Base SA CV, Blockhead HQ Ltd, Cipla Inc., Cloetta AB, Federation of Migros Cooperatives, Ford Gum Inc., Gumlink Confectionery Company AS, Hager and Werken GmbH and Co. KG, Johnson and Johnson Services Inc., Lotte India Corporation, Mars Inc., MD E GUM SRL, Med CBDX, Mondelez International Inc., Per Os Biosciences LLC, Perfetti Van Melle Group BV, Simply Gum Inc., The Hershey Co., Think Gum LLC, and WUG Functional Gums SL. Also, the functional chewing gum market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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