PUBLISHER: Polaris Market Research | PRODUCT CODE: 1219521
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1219521
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.
Polaris Market Research has segmented the Sugar-Free Chewing Gum market report based on Flavor Type, Application, and region:
Figure 1 Global Sugar-Free Chewing Gum Market, 2019-2032 (USD Billion)
Figure 2 Integrated Ecosystem
Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
Figure 4 Market by Geography
Figure 5 Porter's Five Forces
Figure 6 Market by Application
Figure 7 Global Sugar-Free Chewing Gum Market, by Application, 2021 & 2030 (USD Billion)
Figure 8 Market by Flavour Type
Figure 9 Global Sugar-Free Chewing Gum Market, by Flavour Type, 2021 & 2030 (USD Billion)
Figure 10 Sugar-Free Chewing Gum Market Assessment, By Geography, 2019-2032 (USD Billion)
Figure 11 Strategic Analysis - Sugar-Free Chewing Gum Market