Global Weight Loss Chewing Gum Market Overview:
Weight loss chewing gum does no longer have any sugar in it. The style is delivered the use of sweeteners, and consequently the gum does now not motive enamel decay. The gum releases its flavours over a length of time, simply like normal gum. Weight loss Chewing Gums do no longer have sugar in them. The style in chewing gum is introduced the usage of sweeteners and does no longer damage teeth decay. The gum releases its flavours over a length of time, simply like traditional gums. The bulk pack of weight loss gum is the most important promoting class in sugar-free chewing gum. However, the demand for a single pack is developing with purchaser demand for severa flavours. Innovation in a special presentation, sketch and dimension is attracting the shoppers and the new pack and blended flavour vary persisted to be weight loss chewing gum market probability to pressure the sales.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
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:
Trend of ‘Sugar-Free’ Consumables Has Affected an Immense Portion of the Entire Food and Beverage Sector from Carbonated Beverages to Confectioneries
Market Growth Drivers:
Increasing Product Awareness in Developing Countries
Restraints:
Rising Concerns Regarding the Negative Health Effects of Gums Due To Harmful Ingredients and High Prices As Compared To Conventional Chewing Gums
Opportunities:
Expanding Health-Conscious Population and Growing Prevalence of Obesity and Diabetes
Competitive Landscape:
With players like Mondelez International, Mars, Perfetti Van Melle, Lotte Confectionery, and Grupo Arcor, the chewing gum business is extremely competitive. The major players are developing new ingredients for their products. Wide ranges of items are also being introduced in developing nations.
Some of the key players profiled in the report are Wrigley Company (United States), Mondelez International (United States), Lotte (South Korea), Perfetti Van Melle (Netherlands), Hershey's (United States), GelStat Corporation (United States), Mars Incorporated (United States), Grupo Arcor (Argentina), GlaxoSmithKline PLC (United Kingdom) and British American Tobacco(United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Orion Confectionery Co. Ltd (United Kingdom), Glenmark Pharmaceuticals (India), Topps Company Inc. (United States) and Simply Gum Inc. (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Weight Loss Chewing Gum market by 2027. Considering Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Weight Loss Chewing Gum market. Considering Market by Packaging, the sub-segment i.e. Box will boost the Weight Loss Chewing Gum market. Considering Market by Flavor, the sub-segment i.e. Peppermint will boost the Weight Loss Chewing Gum market.
Latest Market Insights:
In 2021, Mars Wrigley reduces the size and cost of Orbit and Doublemint chewing gums in order to broaden category penetration and bolster India's portfolio.
In 2021, In the United States, Perfetti Van Melle introduced Mentos Pure Fresh Gum in a paperboard bottle. This is the first gum product in the market to come in a paperboard bottle from a prominent international confectioner. The new bottle is made of 90% paperboard, is recyclable, and comes with instructions. Customers can make use of their regular curbside services or neighbourhood drop-off services.
What Can be Explored with the Weight Loss Chewing Gum Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Weight Loss Chewing Gum Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Weight Loss Chewing 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 Weight Loss Chewing 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 Weight Loss Chewing 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 Weight Loss Chewing Gum Manufacture, Raw Material Suppliers, Weight Loss Chewing Distributors and Suppliers, Government Bodies 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.