- January 7, 2021
- Category: Food and Beverage, Other Industry Reports
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
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 188.8.131.52. Growing preference due to association of number of benefits 184.108.40.206. Increasing demand for nicotine gum in smoking cessation therapy 3.1.2. Market Restraint 220.127.116.11. High prices 3.1.3. Market Opportunities 18.104.22.168. 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 22.214.171.124. Product breakdown estimates & forecasts, 2017-2027 126.96.36.199. 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. 188.8.131.52. Key Information 184.108.40.206. Overview 220.127.116.11. Financial (Subject to Data Availability) 18.104.22.168. Product Summary 22.214.171.124. 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
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.
Gumlink Confectionery Company A/S
Lotte Confectionary Co. Ltd.
Think Products LLCd
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:
Smoking Cessation Chewing Gums
Oral Health Chewing Gums
Fitness & Well Being Chewing Gums
By Distribution Channel:
Hypermarkets & Supermarkets
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
Value-Added Resellers (VARs)
Third-party knowledge providers