The Sugar-Free Chewing Gum Global Market Report 2023, provides comprehensive information on the sugar-free chewing gum market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global sugar-free chewing gum market size is expected to grow from $11.22 billion in 2022 to $12.11 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sugar-free chewing gum market size is expected to reach $15.75 billion in 2027 at a CAGR of 6.8%.
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Product innovations are a popular trend in the sugar-free chewing gum market. Major companies operating in the sugar-free chewing gum focus on product innovation, including introducing new flavors, longer-lasting functional ingredients, and eco-friendly packaging to reinforce their position in the market. For Instance, in January 2022, Sweet Victory, an Israel-based chewing gum company, launched chewing gum for youngsters manufactured from botanical-infused products because of its well-known metabolic impact. The unique chewy substance starts working in two minutes by blocking sugar receptors on the tongue, and the effect can last up to two hours.
The sugar-free chewing gum market is segmented:
1) By Type: Tooth Protection Gum, Quit Smoking Gum, Weight Loss Gum, Other Types
2) By Flavor: Spearmint, Peppermint, Bubble Gum, Other Flavors
3) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Or Grocery Stores, Online Retail Stores, Other Distribution Channels
North America was the largest region in the sugar-free chewing gum market in 2022.
The table of contents in TBRC’s sugar-free chewing gum market report includes:
- Executive Summary
- Sugar-Free Chewing Gum Market Characteristics
- Sugar-Free Chewing Gum Market Trends And Strategies
- Sugar-Free Chewing Gum Market – Macro Economic Scenario
- Sugar-Free Chewing Gum Market Size And Growth
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- Africa Sugar-Free Chewing Gum Market
- Sugar-Free Chewing Gum Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Sugar-Free Chewing Gum Market
- Sugar-Free Chewing Gum Market Future Outlook and Potential Analysis
- Appendix
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