Global functional chewing gum market 2024-2028

Description

List of Tables

The functional chewing gum market is forecasted to grow by USD 3149.6 mn during 2023-2028, accelerating at a CAGR of 5.53% 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 the benefits of functional chewing gum, and strong distribution network between manufacturers and retailers.

Technavio's functional chewing gum market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.16%
CAGR	5.53%
Incremental Value	$3149.6mn

ByProduct

Oral health gum
Nicotine gum
Weight gum
Lifestyle gum

ByDistribution Channel

Convenience stores
Hypermarkets and supermarkets
Online

ByGeography

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the increasing online presence of functional chewing gum vendors 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:

Functional chewing gum market sizing
Functional chewing gum market forecast
Functional chewing gum market industry analysis

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, 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., JOYRIDE, Makers Row Inc., 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 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 and vendor landscape in addition to an analysis of the key vendors.

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 research - both primary and secondary. 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 the accurate market growth.

Product Code: IRTNTR44316

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Functional Chewing Gum Market 2018 - 2022
- Historic Market Size - Data Table on Global Functional Chewing Gum Market 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
6.3 Oral health gum - Market size and forecast 2023-2028
- Chart on Oral health gum - Market size and forecast 2023-2028 ($ million)
- Data Table on Oral health gum - Market size and forecast 2023-2028 ($ million)
- Chart on Oral health gum - Year-over-year growth 2023-2028 (%)
- Data Table on Oral health gum - Year-over-year growth 2023-2028 (%)
6.4 Nicotine gum - Market size and forecast 2023-2028
- Chart on Nicotine gum - Market size and forecast 2023-2028 ($ million)
- Data Table on Nicotine gum - Market size and forecast 2023-2028 ($ million)
- Chart on Nicotine gum - Year-over-year growth 2023-2028 (%)
- Data Table on Nicotine gum - Year-over-year growth 2023-2028 (%)
6.5 Weight gum - Market size and forecast 2023-2028
- Chart on Weight gum - Market size and forecast 2023-2028 ($ million)
- Data Table on Weight gum - Market size and forecast 2023-2028 ($ million)
- Chart on Weight gum - Year-over-year growth 2023-2028 (%)
- Data Table on Weight gum - Year-over-year growth 2023-2028 (%)
6.6 Lifestyle gum - Market size and forecast 2023-2028
- Chart on Lifestyle gum - Market size and forecast 2023-2028 ($ million)
- Data Table on Lifestyle gum - Market size and forecast 2023-2028 ($ million)
- Chart on Lifestyle gum - Year-over-year growth 2023-2028 (%)
- Data Table on Lifestyle gum - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
7.3 Convenience stores - Market size and forecast 2023-2028
- Chart on Convenience stores - Market size and forecast 2023-2028 ($ million)
- Data Table on Convenience stores - Market size and forecast 2023-2028 ($ million)
- Chart on Convenience stores - Year-over-year growth 2023-2028 (%)
- Data Table on Convenience stores - Year-over-year growth 2023-2028 (%)
7.4 Hypermarkets and supermarkets - Market size and forecast 2023-2028
- Chart on Hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ million)
- Data Table on Hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ million)
- Chart on Hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
- Data Table on Hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
7.5 Online - Market size and forecast 2023-2028
- Chart on Online - Market size and forecast 2023-2028 ($ million)
- Data Table on Online - Market size and forecast 2023-2028 ($ million)
- Chart on Online - Year-over-year growth 2023-2028 (%)
- Data Table on Online - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 AB Natural Base SA CV
- AB Natural Base SA CV - Overview
- AB Natural Base SA CV - Product / Service
- AB Natural Base SA CV - Key offerings
12.4 Cipla Inc.
- Cipla Inc. - Overview
- Cipla Inc. - Business segments
- Cipla Inc. - Key offerings
- Cipla Inc. - Segment focus
12.5 Cloetta AB
- Cloetta AB - Overview
- Cloetta AB - Business segments
- Cloetta AB - Key offerings
- Cloetta AB - Segment focus
12.6 Ford Gum Inc.
- Ford Gum Inc. - Overview
- Ford Gum Inc. - Product / Service
- Ford Gum Inc. - Key offerings
12.7 Gumlink Confectionery Company AS
- Gumlink Confectionery Company AS - Overview
- Gumlink Confectionery Company AS - Product / Service
- Gumlink Confectionery Company AS - Key offerings
12.8 Hager and Werken GmbH and Co. KG
- Hager and Werken GmbH and Co. KG - Overview
- Hager and Werken GmbH and Co. KG - Product / Service
- Hager and Werken GmbH and Co. KG - Key offerings
12.9 Mars Inc.
- Mars Inc. - Overview
- Mars Inc. - Product / Service
- Mars Inc. - Key news
- Mars Inc. - Key offerings
12.10 MD E GUM SRL
- MD E GUM SRL - Overview
- MD E GUM SRL - Product / Service
- MD E GUM SRL - Key offerings
12.11 Med CBDX
- Med CBDX - Overview
- Med CBDX - Product / Service
- Med CBDX - Key offerings
12.12 Mondelez International Inc.
- Mondelez International Inc. - Overview
- Mondelez International Inc. - Business segments
- Mondelez International Inc. - Key news
- Mondelez International Inc. - Key offerings
- Mondelez International Inc. - Segment focus
12.13 Per Os Biosciences LLC
- Per Os Biosciences LLC - Overview
- Per Os Biosciences LLC - Product / Service
- Per Os Biosciences LLC - Key offerings
12.14 Perfetti Van Melle Group BV
- Perfetti Van Melle Group BV - Overview
- Perfetti Van Melle Group BV - Product / Service
- Perfetti Van Melle Group BV - Key offerings
12.15 Simply Gum Inc.
- Simply Gum Inc. - Overview
- Simply Gum Inc. - Product / Service
- Simply Gum Inc. - Key offerings
12.16 The Hershey Co.
- The Hershey Co. - Overview
- The Hershey Co. - Business segments
- The Hershey Co. - Key news
- The Hershey Co. - Key offerings
- The Hershey Co. - Segment focus
12.17 Think Gum LLC
- Think Gum LLC - Overview
- Think Gum LLC - Product / Service
- Think Gum LLC - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations