Market Overview:
The global gum market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The chewing gum segment is anticipated to hold the dominant share in the global gum market by 2030 owing to its high demand from youngsters and adults alike. The bubble gum segment is projected to grow at a higher CAGR during the forecast period as compared to other segments, owing to its unique features and benefits such as oral care, breath freshening, and others. North America accounted for the largest share of the global gum market in 2017 followed by Europe and Asia Pacific respectively.
Product Definition:
Gum is a form of chewing tobacco made from the leaves and stems of the plant Nicotiana rustica. It is not to be confused with snuff, which is a powdered form of tobacco that is inhaled through the nose.
Chewing Gum:
Chewing gum is a natural sweetener that helps in reducing the calories present in the food and beverages. It also provides an artificial sweetener taste to foods and beverages which are not naturally sweet. The global chewing gum market is expected to witness significant growth over the forecast period owing to its increasing demand from various end-use industries such as pharmaceuticals, personal care, food & beverage, etc.
Bubble Gum:
Bubble gum is a chewy confectionery product that was initially developed as an amusement ride in 1941 by two men, John and Walter Diemer. The primary goal of the Diemer brothers was to create a fun and challenging experience for visitors who visited their candy store in New York. However, the product soon became popular among children as well as adults owing to its unique texture and taste.
Application Insights:
Hypermarkets and supermarkets are expected to remain the dominant application segments over the forecast period. The segment accounted for a revenue share of around 40% in 2017. The growth of this segment is attributed to an increase in the number of hypermarkets and supermarkets across the developing countries, such as India, China, Vietnam and Indonesia.
The specialty stores category is projected to witness significant growth over the coming years owing to high consumer awareness regarding health benefits associated with chewing gums that have natural ingredients. Moreover, rising demand for organic products will also boost product demand in this application type during future periods.
Regional Analysis:
North America dominated the global gum market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to factors such as high consumption and growing population along with rising awareness regarding oral health. Furthermore, an increase in sports activities has led to an increase in demand for sports drinks, which is anticipated to drive product sales over the coming years.
Asia Pacific is expected to be one of the fastest-growing regions due its increasing population coupled with rising disposable income levels and changing lifestyles that include increased consumption of processed foods.
Europe was valued at USD X billion in 2017 owing its high demand from Germany, Italy, France U.K.
Growth Factors:
- Increasing awareness about oral health and the benefits of chewing gum
- Growing demand for functional and exotic flavors in gum products
- Rising popularity of sugar-free and low-sugar gums among health-conscious consumers
- Proliferation of new product formats and packaging designs
- Expanding distribution channels, especially through online retailing
Scope Of The Report
Report Attributes
Report Details
Report Title
Gum Market Research Report
By Type
Chewing Gum, Bubble Gum
By Application
Hypermarkets, Supermarkets, Convenience Stores, Departmental Stores, Specialty Stores, Online Purchases
By Companies
Lotte, Meiji Holdings, Mondelez International, Perfetti Van Melle, Wrigley, Lotte
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Gum Market Report Segments:
The global Gum market is segmented on the basis of:
Types
Chewing Gum, Bubble Gum
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarkets, Supermarkets, Convenience Stores, Departmental Stores, Specialty Stores, Online Purchases
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lotte
- Meiji Holdings
- Mondelez International
- Perfetti Van Melle
- Wrigley
- Lotte
Highlights of The Gum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chewing Gum
- Bubble Gum
- By Application:
- Hypermarkets
- Supermarkets
- Convenience Stores
- Departmental Stores
- Specialty Stores
- Online Purchases
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gum is a type of resin that is used to make products such as chewing gum, candy, and cigarettes. Gum can also be used in medical procedures to help stop bleeding.
Some of the major companies in the gum market are Lotte, Meiji Holdings, Mondelez International, Perfetti Van Melle, Wrigley, Lotte.
The gum market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gum Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gum Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gum Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gum Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gum Market Size & Forecast, 2018-2028
4.5.1 Gum Market Size and Y-o-Y Growth
4.5.2 Gum Market Absolute $ Opportunity
Chapter 5 Global Gum Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Gum Market Size Forecast by Type
5.2.1 Chewing Gum
5.2.2 Bubble Gum
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Gum Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Gum Market Size Forecast by Applications
6.2.1 Hypermarkets
6.2.2 Supermarkets
6.2.3 Convenience Stores
6.2.4 Departmental Stores
6.2.5 Specialty Stores
6.2.6 Online Purchases
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gum Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gum Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Gum Analysis and Forecast
9.1 Introduction
9.2 North America Gum Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Gum Market Size Forecast by Type
9.6.1 Chewing Gum
9.6.2 Bubble Gum
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Gum Market Size Forecast by Applications
9.10.1 Hypermarkets
9.10.2 Supermarkets
9.10.3 Convenience Stores
9.10.4 Departmental Stores
9.10.5 Specialty Stores
9.10.6 Online Purchases
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Gum Analysis and Forecast
10.1 Introduction
10.2 Europe Gum Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Gum Market Size Forecast by Type
10.6.1 Chewing Gum
10.6.2 Bubble Gum
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Gum Market Size Forecast by Applications
10.10.1 Hypermarkets
10.10.2 Supermarkets
10.10.3 Convenience Stores
10.10.4 Departmental Stores
10.10.5 Specialty Stores
10.10.6 Online Purchases
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Gum Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Gum Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Gum Market Size Forecast by Type
11.6.1 Chewing Gum
11.6.2 Bubble Gum
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Gum Market Size Forecast by Applications
11.10.1 Hypermarkets
11.10.2 Supermarkets
11.10.3 Convenience Stores
11.10.4 Departmental Stores
11.10.5 Specialty Stores
11.10.6 Online Purchases
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Gum Analysis and Forecast
12.1 Introduction
12.2 Latin America Gum Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Gum Market Size Forecast by Type
12.6.1 Chewing Gum
12.6.2 Bubble Gum
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Gum Market Size Forecast by Applications
12.10.1 Hypermarkets
12.10.2 Supermarkets
12.10.3 Convenience Stores
12.10.4 Departmental Stores
12.10.5 Specialty Stores
12.10.6 Online Purchases
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Gum Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Gum Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Gum Market Size Forecast by Type
13.6.1 Chewing Gum
13.6.2 Bubble Gum
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Gum Market Size Forecast by Applications
13.10.1 Hypermarkets
13.10.2 Supermarkets
13.10.3 Convenience Stores
13.10.4 Departmental Stores
13.10.5 Specialty Stores
13.10.6 Online Purchases
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gum Market: Competitive Dashboard
14.2 Global Gum Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lotte
14.3.2 Meiji Holdings
14.3.3 Mondelez International
14.3.4 Perfetti Van Melle
14.3.5 Wrigley
14.3.6 Lotte
