Sugar-Free Chewing Gum Market 2022-2028

Description

List of Tables

Title:Global Sugar-Free Chewing Gum Market Size, Share &Trends Analysis Report by Flavor (Bubble Gum, Spearmint, Peppermint, Fruit Flavor, and Others), and by Distribution Channel (Online and Offline) Forecast (2022-2028).

The global sugar-free chewing gum market is anticipated to grow at a significant CAGR of 6.8% during the forecast period. The rising demand for sugar-free chewing gums from kids is driving the growth of the global sugar-free chewing gum market. Consumption of regular chewing gums makes the teeth weak of kids due to which many companies are introducing sugar-free chewing gums that prevent cavities. For instance, in April 2021, Perfetti Van Melle U.S.A., Inc. introduced Mentos Pure Fresh Gum. The product has also been awarded the ADA Seal of Acceptance by the American Dental Association (ADA) following the ADA's finding that the product is safe and effective to prevent cavities when chewed for 20 minutes after eating.

The global sugar-free chewing gum market is segmented based on flavor, and distribution channels. Based on the flavor, the market is segmented into bubble gum, spearmint, peppermint, fruit flavor, and others. Based on the distribution channel, the market is sub-segmented into online and offline. Among the flavor segment, fruit flavor sugar-free chewing gums are expected to hold a prominent share in the global sugar-free gum market across the globe. The rising demand of consumers for fruit flavor sugar-free gums has accelerated the production of the fruit flavor sugar-free gums which directly will lead to the growth of the market. For instance, in March 2022, Mars Wrigley's Extra gum launched two new fruit flavors including apple and blueberry within its sugar-free chewing gum product range. The company aims to increase its sale by 25% with the launch of two new flavors in the markets of UK.

Geographically, the sugar-free chewing gum market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific region is expected to be the fastest-growing region in the global sugar-free chewing gum market during the forecast period. Companies are expanding their business in rural areas by launching new products at a reasonable price which contributes to the growth of the global sugar-free gums market. For instance, in March 2021, Mars Wrigley India launched Doublemint and Orbit at Re 1. The company also introduced various other Re 1 price variants of its premium confectionery brands. Through this, the company aims to strengthen its existing portfolio within the Indian market along with expanding and widening its presence across rural areas.

The major companies serving the global sugar-free chewing gum market include Ferndale Confectionery Pty Ltd., HARIBO GmbH & Co. KG, Health Made Easy Group, Mondelez Global LLC, Perfetti Van Melle Group B.V., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2021, Humble Group AB signed an agreement to acquire True Gum (Group 472 ApS), a European food tech company to expand its product portfolio within chewing gums, mints, and throat drops.

Research Methodology

The market study of the global sugar-free chewing gum market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Sugar-Free Chewing Gum Market Research and Analysis by Flavor.
Global Sugar-Free Chewing Gum Market Research and Analysis by Distribution Channel.

The Report Covers:

Comprehensive research methodology of the global sugar-free chewing gum market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global sugar-free chewing gum market.
Insights about market determinants that are stimulating the global sugar-free chewing gum market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026734

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Recovery Scenario of Global Sugar-Free Chewing Gum Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Sugar-Free Chewing Gum Market by Flavor
- 4.1.1. Bubble Gum
- 4.1.2. Spearmint
- 4.1.3. Peppermint
- 4.1.4. Fruit Flavor
- 4.1.5. Others
4.2. Global Sugar-Free Chewing Gum Market by Distribution Channel
- 4.2.1. Online
- 4.2.2. Offline

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Ferndale Confectionery Pty Ltd.
6.2. Ferrero International
6.3. HARIBO GmbH & Co. KG
6.4. Health Made Easy Group
6.5. LOTTE corp.
6.6. Mars, Inc.
6.7. Mondelez Global LLC
6.8. Perfetti Van Melle Group B.V.
6.9. Simply Gum
6.10. Tate & Lyle plc
6.11. The Hershey Co.
6.12. The PUR Company Inc.
6.13. The Kraft Heinz Co.