Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Functional Chewing Gums Market to reach USD 2.78 billion by 2027.

Global Functional Chewing Gums Market Size study, by Product (Smoking Cessation, Chewing Gums, Oral Health Chewing Gums, Fitness & Well Being Chewing Gums and Others), by Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Online and Others), and Regional Forecasts 2021-2027

Product Code: OIRFAB_42558764
Publish Date: 7-01-2021
Page: 200

Global Functional Chewing Gums Market is valued approximately at USD 1.52 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9% over the forecast period 2021-2027. Introduction of new products with health benefits, growing popularity of smoking cessation chewing gums and innovative marketing strategies implemented by the market players are driving the market towards growth. For instance, in 2019, Hemptown USA launched a functional chewing gum that contains 15 milligrams of cannabidiol and 5 grams of cannabigerol. These chewing gums are mint flavored. Similarly, in 2020, Blockhead launched a new product under their chewing gum portfolio named ‘screwing gum,’. Thecompnay has focused on its marketing, packaging, cheeky innuendos, and active presence on social media to attract many youngsters. Furthermore, preference for functional chewing gums in nicotine replacement therapy for quitting smoking habit is expected to drive the market in coming years. However, the market is expected to get hampered by high prices of functional chewing gums.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the regions taken into consideration for the regional analysis of the global Functional Chewing Gums. North America is the leading region across the world in terms of market share because the region witnessed some strategic movement by the market players in terms of marketing strategies, product launch and other. Whereas Asia Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to presence of a large youth population and rising prevalence of smoking habits among adults in the region.

Major market player included in this report are:
Aboafsite SA CV.
GSK group
Gumlink Confectionery Company A/S
Lotte Confectionary Co. Ltd.
Mondelēz International
Think Products LLCd
Rev Gum
Vitale XD.
The Hershey Co.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Smoking Cessation Chewing Gums
Oral Health Chewing Gums
Fitness & Well Being Chewing Gums
By Distribution Channel:
Hypermarkets & Supermarkets
Convenience Stores

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Functional Chewing Gums Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Functional Chewing Gums Market , by Region, 2018-2027 (USD Billion)
1.2.2. Functional Chewing Gums Market , by Product, 2018-2027 (USD Billion)
1.2.3. Functional Chewing Gums Market , by Distribution Channel , 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Functional Chewing Gums Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Functional Chewing Gums Market Dynamics
3.1. Functional Chewing Gums Market Impact Analysis (2017-2027)
3.1.1. Market Drivers Growing preference due to association of number of benefits Increasing demand for nicotine gum in smoking cessation therapy
3.1.2. Market Restraint High prices
3.1.3. Market Opportunities Product innovation
Chapter 4. Global Functional Chewing Gums Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Functional Chewing Gums Market, by Product
5.1. Market Snapshot
5.2. Global Functional Chewing Gums Market by Product, Performance – Potential Analysis
5.3. Global Functional Chewing Gums Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Functional Chewing Gums Market , Sub Segment Analysis
5.4.1. Smoking Cessation Chewing Gums
5.4.2. Oral Health Chewing Gums
5.4.3. Fitness & Well Being Chewing Gums
5.4.4. Others
Chapter 6. Global Functional Chewing Gums Market, by Distribution Channel
a. Market Snapshot
6.1. Global Functional Chewing Gums Market by Distribution Channel, Performance – Potential Analysis
6.2. Global Functional Chewing Gums Market Estimates & Forecasts by Distribution Channel 2017-2027 (USD Billion)
6.3. Functional Chewing Gums Market , Sub Segment Analysis
6.3.1. Hypermarkets & Supermarkets
6.3.2. Convenience Stores
6.3.3. Online
6.3.4. Others
Chapter 7. Global Functional Chewing Gums Market, Regional Analysis
7.1. Functional Chewing Gums Market , Regional Market Snapshot
7.2. North America Functional Chewing Gums Market
7.2.1. U.S. Functional Chewing Gums Market Product breakdown estimates & forecasts, 2017-2027 Distribution Channel breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Functional Chewing Gums Market
7.3. Europe Functional Chewing Gums Market Snapshot
7.3.1. U.K. Functional Chewing Gums Market
7.3.2. Germany Functional Chewing Gums Market
7.3.3. France Functional Chewing Gums Market
7.3.4. Spain Functional Chewing Gums Market
7.3.5. Italy Functional Chewing Gums Market
7.3.6. Rest of Europe Functional Chewing Gums Market
7.4. Asia-Pacific Functional Chewing Gums Market Snapshot
7.4.1. China Functional Chewing Gums Market
7.4.2. India Functional Chewing Gums Market
7.4.3. Japan Functional Chewing Gums Market
7.4.4. Australia Functional Chewing Gums Market
7.4.5. South Korea Functional Chewing Gums Market
7.4.6. Rest of Asia Pacific Functional Chewing Gums Market
7.5. Latin America Functional Chewing Gums Market Snapshot
7.5.1. Brazil Functional Chewing Gums Market
7.5.2. Mexico Functional Chewing Gums Market
7.6. Rest of The World Functional Chewing Gums Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Aboafsite SA CV. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. GSK group
8.2.3. Gumlink Confectionery Company A/S
8.2.4. Lotte Confectionary Co. Ltd.
8.2.5. Med CBDX
8.2.6. Mondelēz International
8.2.7. Think Products LLCd
8.2.8. Rev Gum
8.2.9. Vitale XD.
8.2.10. The Hershey Co.

Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the 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 breakdown the market in various segments, derive 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 geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic 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. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now