Global Aspartame Free Gum Market Overview:
Chewing gum is an essential part of human oral health, it not only stimulates saliva to help wash away leftover food but also helps improve oral health. However, the selection of the right type of chewing gum is vital for human in order to maintain oral health without any other adverse side effects. There are several types of sweeteners being used among the chewing gums including aspartame. As the Aspartame has several potential adverse effects on human health. Therefore, the demand for the aspartame-free gums is significantly increasing among the consumers owing to the increased health awareness. Furthermore, the two most popular members of the polyol family found in aspartame-free gum are erythritol and xylitol. Both erythritol and xylitol are found in plant fibers and certain fruits and vegetables such as corn. They’re common ingredients in aspartame-free gum because they have a unique mild cooling effect on the mouth, and xylitol tastes so similarly to sugar. Moreover, xylitol is a powerful health booster and an excellent component of a healthy routine.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The Potential Adverse Health Effects on Human Health Owing to Aspartame
Market Growth Drivers:
The Growing Health Awareness among the People Changing Lifestyle
Challenges:
Lack of Awareness among the Underdeveloped Nations
Restraints:
Increasing Usage of Chewing sugar-free gum causes digestive symptoms in people with IBS.
Opportunities:
The Growing Consumer Base among the Developing Countries
Competitive Landscape:
Aspartame Free Gum is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Mars Inc. (United States), Cadbury (United Kingdom), Lotte Corporation (South Korea), Perfetti Van Melle (Italy), The Hershey Company (United States), Roquette (France), The PUR Company Inc. (Canada) and Neuro (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Aspartame Free Gum market by 2028. Considering Market by Polyol Type, the sub-segment i.e. Erythritol will boost the Aspartame Free Gum market. Considering Market by Sales Channel, the sub-segment i.e. Online Sales will boost the Aspartame Free Gum market.
Latest Market Insights:
In December 2022, Perfetti Van Melle Agrees Acquired the Gum Business of Mondelēz International in North America and Europe. The acquisition complements the Perfetti Van Melle portfolio, including iconic global brands such as Mentos, Chupa Chups, and Alpenliebe.
Recently, Canadian aspartame-free gum and mint manufacturer, The PUR company, has introduced two new gum flavors during the recent expo east in Baltimore, MDi including a bubblegum SKU.
What Can be Explored with the Aspartame Free Gum Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Aspartame Free Gum Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Aspartame Free Gum
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Aspartame Free Gum market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Aspartame Free Gum market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Aspartame Free Gum Manufacturers, Aspartame Free Gum Raw Material Suppliers, Aspartame Free Gum Traders/Distributors, Aspartame Free Gum Importer/Exporter, Regulatory & Government Bodies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.