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Lucintel Forecasts The Global Chewing Gum Market To Reach $21 Billion By 2035
According to a market report by Lucintel, the future of the global chewing gum market looks promising with opportunities in the sugar-based chewing gum and sugar-free chewing gum markets. The global chewing gum market is expected to reach an estimated $21 billion by 2035 from $15 billion in 2027 with a CAGR of 4.2% from 2027 to 2035. The major drivers for this market are the increasing demand for sugar free options, the rising popularity of flavored chewing gum, and the growing interest in oral health benefits.
A more than 150-page report to understand trends, opportunity and forecast in global chewing gum market to 2035 by type (sugar-based chewing gum and sugar-free chewing gum), packaging (pouches, bottle, box, and others), distribution channel (supermarkets/hypermarkets, convenience/grocery stores, online retail stores, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the distribution channel category, supermarket/hypermarket will remain the largest segment over the forecast period due to wide product availability and convenient consumer ...
... shopping experiences.
Within the type category, sugar-free chewing gum will remain a larger segment over the forecast period due to rising demand for healthier chewing options.
Download sample by clicking on chewing gum market.
In terms of regions, North America is expected to witness the highest growth over the forecast period due to increasing consumer demand and strong market expansion opportunities.
Mars, Incorporated, Mondelez International Inc., Perfetti Van Melle Holding B.V., Lotte Corporation, Grupo Arcor S.A., The Hershey Company, Cloetta AB, GlaxoSmithKline plc, Kenvue, PUR Company Inc. are the major suppliers in the chewing gum market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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