Abstract, Snapshot, Market Analysis & Market Definition: World Functional Chewing Gum Market
Functional chewing gum is the name given to types of chewing gum which impart some practical function instead of, or in addition to, the usual enjoyment provided by a traditional chewing gum as a confectionery product. Examples of this include nicotine gum which is used to aid smoking cessation & so-called Think Gum which designers say they believe may enhance mental functioning. It could be argued that most gum (at least the mint varieties) provides some function in that they can improve bad breath, but such an effect is so widespread that the term 'functional' is almost always applied to gum with some additional function. Medical uses for 'functional chewing gum' include a reported reduction in the duration of post-operative ileus following abdominal and specifically gastrointestinal surgery.Functional Chewing Gum are mainly classified into the following types: Tooth Protection Gum, Quit Smoking Gum, Weight Loss Gum, Others. Tooth Protection Gum is the most widely used type which takes up about 60.35% of the total in 2016 in Global.Europe and North America are the main consumption regions of Functional Chewing Gum in the world in the past few years and it will keep the same position in the next few years. The market size of Asia-Pacific region will grow fast in the following years. Wrigley, Mondelez, Lotte, Perfetti Van Melle, etc. are the key suppliers in global market, which have leading technology and market position. Top 5 took up about 81.91% of the global market in 2016. Global consumption of Functional Chewing Gum rises up from 186780.4 MT in 2012 to 217675.4 MT in 2016, with an average annual growth rate of 3.90%. The reason causes this increase is the growing demand for the Functional Chewing Gum products, which is the result of the growing needs of downstream industry.Although sales of Functional Chewing Gum products bring a lot of opportunities, the study recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Functional Chewing Gum field hastily. In 2019, the market size of Functional Chewing Gum is 3120.5 million US$ and it will reach 3684.1 million US$ in 2025, growing at a CAGR of 2.4% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Functional Chewing Gum. This report studies the global market size of Functional Chewing Gum, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India, and Southeast Asia). This study presents the Functional Chewing Gum sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019
Market Segmentation, Outlook & Viewpoint: World Functional Chewing Gum Market
Segmentation by Product Type: Breakdown of data from the year 2014 to 2019 and forecast until 2025: Tooth Protection Gum
Quit Smoking Gum
Weight Loss Gum
Others
Segmentation by Application: Breakdown of data from the year 2014 to 2019 and forecast until 2025:
Online Sales
Offline Sales
Top Companies & Key Players: World Functional Chewing Gum Market
Wrigley
Mondelez
Lotte
Perfetti Van Melle
GelStat (GSAC)
ZOFT Gum
Hershey's
Think Gum LLC.
Miradent
Cloetta Fazer
Peppersmith
Nicotinell
Orion
Yake
Key Insights Covered: World Functional Chewing Gum Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue, and growth rate) of Functional Chewing Gum industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate, and gross margin) of Functional Chewing Gum industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue, and growth rate) of Functional Chewing Gum industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Functional Chewing Gum industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Functional Chewing Gum industry.
Research Methodology: Global Functional Chewing Gum Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.