Functional Chewing Gum Market Size to Grow by USD 2.06 billion, 58% of Market Growth to Originate from APAC - Technavio

NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Functional chewing gum is a special type of chewing gum that offers more benefits than regular chewing gum. It is used in numerous health applications, such as smoking cessation therapy, weight management programs, and oral hygiene enhancement.

The functional chewing gum market size is expected to grow by USD 2.06 bn from 2020 to 2025. In addition, the growth momentum of the market will accelerate at a CAGR of 4% during the forecast period, according to Technavio.

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Functional Chewing Gum Market 2021-2025:Scope

The functional chewing gum market report covers the following areas:

• Functional Chewing Gum Market size
• Functional Chewing Gum Market trends
• Functional Chewing Gum Market industry analysis

Functional Chewing Gum Market 2021-2025:Vendor Analysis

The functional chewing gum market is fragmented, with the presence of several regional and international vendors. The vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. Vendors compete based on different parameters, such as quality and innovation. To survive and succeed in such a competitive environment, vendors must distinguish their product offerings through clear and unique value propositions.

AB Natural Base SA CV, FITGUM, Gumlink Confectionery Company AS, Mars Inc., Med CBDX, Mondelez International Inc., Perfetti Van Melle Group BV, Simply Gum Inc., The Hershey Co., and Think Gum LLC are some of the major market participants.

This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now to gain access to exclusive information about vendors

Functional Chewing Gum Market 2021-2025:Segmentation

• Product
• Oral Health Gum: The oral health gum segment will have the highest market share growth during the forecast period. This growth is attributed to factors such as increasing consumer awareness about oral hygiene. In addition, chewing gums have several oral health benefits. Hence, there is a high demand for oral health functional chewing gums in the global market, which will accelerate the year-over-year growth rate of this segment during the forecast period.
• Nicotine Gum
• Weight Gum
• Lifestyle Gum
• Geography
• APAC: This region will account for 58% of the market's growth during the forecast period. The awareness about functional chewing gum is increasing, which is driving its demand in the region. China, Japan, and India are among the major countries in the functional chewing gum market in APAC. Moreover, market growth in this region will be faster than the growth of the market in other regions.
• Europe
• North America
• MEA
• South America

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Functional Chewing Gum Market 2021-2025:Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist functional chewing gum market growth during the next five years
• Estimation of the functional chewing gum market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the functional chewing gum market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of functional chewing gum market vendors

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Table Of Contents

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis
• Exhibit 03: Value chain analysis: Packaged foods and meats

3 Market Sizing

• 3.1 Market definition
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025
• Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
• Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 08: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry
• Exhibit 13: Threat of rivalry

• 4.7 Market condition
• Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 15: Product - Market share 2020-2025 (%)

• 5.2 Comparison by Product
• Exhibit 16: Comparison by Product

• 5.3 Oral health gum - Market size and forecast 2020-2025
• Exhibit 17: Oral health gum - Market size and forecast 2020-2025 ($ million)
• Exhibit 18: Oral health gum - Year-over-year growth 2020-2025 (%)

• 5.4 Nicotine gum - Market size and forecast 2020-2025
• Exhibit 19: Nicotine gum - Market size and forecast 2020-2025 ($ million)
• Exhibit 20: Nicotine gum - Year-over-year growth 2020-2025 (%)

• 5.5 Weight gum - Market size and forecast 2020-2025
• Exhibit 21: Weight gum - Market size and forecast 2020-2025 ($ million)
• Exhibit 22: Weight gum - Year-over-year growth 2020-2025 (%)

• 5.6 Lifestyle gum - Market size and forecast 2020-2025
• Exhibit 23: Lifestyle gum - Market size and forecast 2020-2025 ($ million)
• Exhibit 24: Lifestyle gum - Year-over-year growth 2020-2025 (%)

• 5.7 Market opportunity by Product
• Exhibit 25: Market opportunity by Product

6 Customer landscape

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 27: Market share by geography 2020-2025 (%)

• 7.2 Geographic comparison
• Exhibit 28: Geographic comparison

• 7.3 APAC - Market size and forecast 2020-2025
• Exhibit 29: APAC - Market size and forecast 2020-2025 ($ million)
• Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)

• 7.4 Europe - Market size and forecast 2020-2025
• Exhibit 31: Europe - Market size and forecast 2020-2025 ($ million)
• Exhibit 32: Europe - Year-over-year growth 2020-2025 (%)

• 7.5 North America - Market size and forecast 2020-2025
• Exhibit 33: North America - Market size and forecast 2020-2025 ($ million)
• Exhibit 34: North America - Year-over-year growth 2020-2025 (%)

• 7.6 MEA - Market size and forecast 2020-2025
• Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)
• Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)

• 7.7 South America - Market size and forecast 2020-2025
• Exhibit 37: South America - Market size and forecast 2020-2025 ($ million)
• Exhibit 38: South America - Year-over-year growth 2020-2025 (%)

• 7.8 Key leading countries
• Exhibit 39: Key leading countries

• 7.9 Market opportunity by geography
• Exhibit 40: Market opportunity by geography

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges
• Exhibit 41: Impact of drivers and challenges

• 8.3 Market trends

9 Vendor Landscape

• 9.1 Competitive scenario

• 9.2 Vendor landscape
• Exhibit 42: Vendor landscape

• 9.3 Landscape disruption
• Exhibit 43: Landscape disruption
• Exhibit 44: Industry risks

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 45: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 46: Market positioning of vendors

• 10.3 AB Natural Base SA CV
• Exhibit 47: AB Natural Base SA CV - Overview
• Exhibit 48: AB Natural Base SA CV - Product and service
• Exhibit 49: AB Natural Base SA CV - Key offerings

• 10.4 FITGUM
• Exhibit 50: FITGUM - Overview
• Exhibit 51: FITGUM - Product and service
• Exhibit 52: FITGUM - Key offerings

• 10.5 Gumlink Confectionery Company AS
• Exhibit 53: Gumlink Confectionery Company AS - Overview
• Exhibit 54: Gumlink Confectionery Company AS - Product and service
• Exhibit 55: Gumlink Confectionery Company AS - Key offerings

• 10.6 Mars Inc.
• Exhibit 56: Mars Inc. - Overview
• Exhibit 57: Mars Inc. - Product and service
• Exhibit 58: Mars Inc. - Key news
• Exhibit 59: Mars Inc. - Key offerings

• 10.7 Med CBDX
• Exhibit 60: Med CBDX - Overview
• Exhibit 61: Med CBDX - Product and service
• Exhibit 62: Med CBDX - Key offerings

• 10.8 Mondelez International Inc.
• Exhibit 63: Mondelez International Inc. - Overview
• Exhibit 64: Mondelez International Inc. - Business segments
• Exhibit 65: Mondelez International Inc. - Key news
• Exhibit 66: Mondelez International Inc. - Key offerings
• Exhibit 67: Mondelez International Inc. - Segment focus

• 10.9 Perfetti Van Melle Group BV
• Exhibit 68: Perfetti Van Melle Group BV - Overview
• Exhibit 69: Perfetti Van Melle Group BV - Business segments
• Exhibit 70: Perfetti Van Melle Group BV - Key offerings
• Exhibit 71: Perfetti Van Melle Group BV - Segment focus

• 10.10 Simply Gum Inc.
• Exhibit 72: Simply Gum Inc. - Overview
• Exhibit 73: Simply Gum Inc. - Product and service
• Exhibit 74: Simply Gum Inc. - Key offerings

• 10.11 The Hershey Co.
• Exhibit 75: The Hershey Co. - Overview
• Exhibit 76: The Hershey Co. - Business segments
• Exhibit 77: The Hershey Co. - Key news
• Exhibit 78: The Hershey Co. - Key offerings
• Exhibit 79: The Hershey Co. - Segment focus

• 10.12 Think Gum LLC
• Exhibit 80: Think Gum LLC - Overview
• Exhibit 81: Think Gum LLC - Product and service
• Exhibit 82: Think Gum LLC - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Currency conversion rates for US$
• Exhibit 83: Currency conversion rates for US$

• 11.3 Research methodology
• Exhibit 84: Research Methodology
• Exhibit 85: Validation techniques employed for market sizing
• Exhibit 86: Information sources

• 11.4 List of abbreviations
• Exhibit 87: List of abbreviations

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SOURCE Technavio