IMARC Group expects the market to exhibit moderate growth during 2021-2026.
SHERIDAN, WYOMING, UNITED STATES, November 16, 2021 /EINPresswire.com/ — A new research report by IMARC Group, titled “Chewing Gum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global chewing gum market to exhibit moderate growth during the next five years. Chewing gums are soft and cohesive substances that are water-insoluble and non-digestible in nature. Earlier, they were produced from various tree saps, such as from the latex sap of sapodilla trees. Presently, chewing gums are made with different sweeteners, flavors, gum bases, softeners, colors, etc. The texture of chewing gums is similar to rubber owing to the physical-chemical properties of their resin, plasticizer, and polymer components, which also give these substances their sticky, elastic-plastic, and chewy properties.
Get a sample copy of this Report: https://www.imarcgroup.com/chewing-gum-market/requestsample
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The shifting inclination of consumers towards chewing gums that offer dental benefits is among the primary factors driving the chewing gum market. Moreover, the growing popularity of these products as a stress-relieving mechanism is further propelling the market growth. Apart from this, the elevating demand for nicotine gums, which are used by smokers to quit tobacco, is also augmenting the global market. In line with this, the sudden outbreak of the COVID-19 pandemic is leading to increasing levels of awareness among individuals about the harmful effects of smoking, since smokers are more susceptible to the infection. This is catalyzing the demand for nicotine gums. Furthermore, the product manufacturers are adopting numerous marketing strategies aimed at younger generations, including the introduction of new flavors, shapes, sizes, attractive packaging, etc. This is expected to fuel the chewing gum market across the globe in the coming years.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/chewing-gum-market
Competitive Landscape:
The market is fragmented with the presence of both small and large manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are:
Mondelez
Perfetti
Wrigley
Lotte, Cloetta
Hershey
Chewing Gum Market Segmentation:
Our report has categorized the market based on region, sugar type, product type and distribution channel.
Market Breakup by Sugar Type:
Sugar Free Chewing Gums
Sugared Chewing Gums
Market Breakup by Product Type:
Pellet
Stick/Tab
Centre-filled
Cut and Wrap
Ball
Others
Market Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Pharmacies
Convenience Stores
Departmental Stores
Online
Others
Market Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Related Reports of IMARC Group:
Financial Analytics Market: https://www.imarcgroup.com/financial-analytics-market
Machine Condition Monitoring Market: https://www.imarcgroup.com/machine-condition-monitoring-market
Enhanced Oil Recovery Market: https://www.imarcgroup.com/enhanced-oil-recovery-market
Industrial Enzymes Market: https://www.imarcgroup.com/industrial-enzymes-market
Foot Orthotic Insoles Market: https://www.imarcgroup.com/foot-orthotic-insoles-market
Sailing Jackets Market: https://www.imarcgroup.com/sailing-jackets-market
Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here
Asian News is your digital newspaper keeping you updated with the current affairs from around the world.
Any kind of content updation or deletion, kindly email us at info@asiannews.in
