Chewing Gum Market Growth Set to Surge Significantly by 2030 Chewing Gum Market Growth Trend

Mayuri Puranik

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Chewing Gum Market Growth Set to
Surge Significantly by 2030

Chewing Gum Market Growth
Trend & Forecast with latest research study released by Delvens evaluating
the market risk side analysis, highlighting opportunities, and leveraging
strategic and tactical decision-making support. The report provides information
on market trends and development, growth drivers, technologies, and the
changing investment structure of the Global market, the global Chewing Gum
Market size is projected to reach a CAGR of 5.39% to 2030.

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Report: https://www.delvens.com/get-free-sample/chewing-gum-market

Gums are cohesive substances made with ingredients, such as
latex sap. It is combined with flavourings and sweeteners, which are designed
to be chewed without being swallowed.

Introducing new product flavours or incorporating natural
ingredients, are some of the factors that have supported long-term expansion
for Chewing Gum Market.

Regional Analysis

The North American market accounted for the largest share of
the global chewing gum market, fuelled by the changing preferences of
consumers. In the region, consumers are shifting from sugared gums to
sugar-free gums due to the rising concerns of sugar intake and its harmful
effects.

Recent Developments

·
Mars Incorporated introduced its popular gum
brand Juicy Fruit to India. The product is locally designed and is priced,
keeping Indian consumers in mind to promote its sales in the local market
widely.

·
Mondelez International announced a new
investment in its Global Technical Center in Wroclaw, Poland. Only 1.5 years
after the center's opening, the company invested another USD 5 billion, in
addition to the initial USD 17 billion investment, to expand the research and
development activities beyond chocolate and bakery and serve gum and candy
innovation.

Key Players of Chewing Gum Market:

·
Mondelez International

·
Mars

·
Perfetti Van melle

·
Lotte Confectionery

·
Grupo Arcor

·
Hershey Foods

·
Peppersmith

·
Republic Biscuit (Rebisco)

·
Super Mouth

·
Think Gum

·
Wrigley

·
Xlear

·
Zapp Gum

·
Zoft Gum and More

Chewing Gum Market is
segmented into product type, distribution channel and region.

On the basis of
Product Type

·
Sugared chewing gums

·
Sugar-free chewing gums

On the basis of
Distribution Channel

·
Supermarkets

·
Convenience stores

·
Speciality stores

·
Online retail

On the basis of
Region

·
Asia Pacific

·
North America

·
Europe

·
South America

·
Middle East & Africa

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In addition to the
market data for Chewing Gum Market, Delvens offers client-centric report and
customized according to the company’s specific demand and requirement.

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