Functional Chewing Gum Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
316227 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Functional Chewing Gum market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Functional Chewing Gum is projected to rise moderately in the projected time frame of 2023-2030.
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 Company, 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 group 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.
The global Functional Chewing Gum market is valued at 3050 million US$ in 2020 and will reach 3680 million US$ by the end of 2030, growing at a CAGR of 2.4% during 2023-2030. The objectives of this study are to define, segment, and project the size of the Functional Chewing Gum market based on company, product type, end user and key regions.
This report studies the global market size of Functional Chewing Gum in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Functional Chewing Gum in these regions.
This research report categorizes the global Functional Chewing Gum market by top players/brands, region, type and end user. This report also studies the global Functional Chewing Gum market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
Objectives of Research:
The overview of the global Functional Chewing Gum market
Report comprised of the market companies, to describe and define and analyze the Functional Chewing Gum market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, Wrigley Company, Mondelez, Lotte, Perfetti Van Melle, GelStat Corporation (GSAC), ZOFT Gum, Hersheys, Think Gum LLC., Miradent, Cloetta Fazer, Peppersmith, Nicotinell, Orion, Yake
Market by Order Type
Tooth Protection Gum
Quit Smoking Gum
Weight Loss Gum
Others Market size by End User
Online Sales
Offline Sales
Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
Before you Purchase get some Insights from this report
The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the Functional Chewing Gum market comprising definition
Functional Chewing Gum Market Growth Drivers, Restrains, Challenges and opportunities
Major trends which is impacting the global Functional Chewing Gum market
Functional Chewing Gum Market segmentation and complete information about the market
Regional analysis of the market
Which regional market will develop as a champion at intervals in the coming years?
What are the top companies at intervals in the global Functional Chewing Gum market?
What are the growth strategies of the key players to sustain hold at intervals in the global Functional Chewing Gum market?
Functional Chewing Gum Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
Functional Chewing Gum Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
Functional Chewing Gum Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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