Chewing Gum Market Size, Share & Trends Analysis Report by Form, By Distribution Channel, By Region, And Segment Forecasts to 2030

 


 

Industry Analysis

In 2021, the chewing gum industry was estimated to be worth USD 38.62 billion, and it is predicted to increase to USD 50.75 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 5.30% during the forecast period. As time has gone by, there has been a notable change from basic product categories to sugar-free alternatives. This has allowed producers to cater to evolving consumer demands and has opened up a vast range of possibilities in the market.

Market Insights and Scope

Chewing gum comprises of gum base, sweeteners, conditioners, flavours, colours, and gum fixatives. It consists of three fundamental constituents: gum, wax, and elastomer. It is available in various natural or synthetic flavours. Peppermint and spearmint are the most popular flavours of chewing gum. Chewing gum can aid in promoting dental health by exercising the teeth and preventing cavities. Additionally, it is used as a mouth freshener.

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