Global Functional Chewing Gums Market Size & Outlook
Global functional chewing gums market, 2016-2027 (US$M)
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Global functional chewing gums market highlights
- The global functional chewing gums market generated a revenue of USD 1,435.7 million in 2019 and is expected to reach USD 2,831.8 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 8.9% by 2027.
- In terms of segment, smoking cessation gums accounted for a revenue of USD 600.4 million in 2019.
- Oral Health is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 1,435.7 million |
| Market revenue in 2027 | USD 2,831.8 million |
| Growth rate | 8.9% (CAGR from 2019 to 2027) |
| Largest segment | Smoking cessation gums |
| Fastest growing segment | Oral Health |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smoking Cessation Gums, Oral Health, Fitness & Well Being, Other Products |
Other key industry trends
- In terms of revenue, the North America accounted for 38.8% of the global functional chewing gums market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Germany is the fastest growing regional market and is projected to reach USD 159.2 million by 2027.
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Functional Chewing Gums Market Scope
Functional Chewing Gums Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Rev Energy Gum | View profile | 11-50 | Austin, Texas, United States, North America | https://www.chewrevgum.com/ |
| Think Gum | View profile | 1-10 | Palo Alto, California, United States, North America | http://www.ThinkGum.com |
| Peppersmith | View profile | 1-10 | Horam, East Sussex, United Kingdom, Europe | https://peppersmith.co.uk/ |
| miradent in Russia | View profile | 51-100 | Moscow, Moscow City, Russian Federation, Europe | https://miradent-russia.ru |
| Gumlink Confectionery Company | View profile | 11-50 | Vejle, Syddanmark, Denmark, Europe | https://www.gumlinkcc.com |
| Cafosa | View profile | 101-250 | Barcelona, Catalonia, Spain, Europe | https://cafosa.com |
| Mondelez International Inc Class A | View profile | 91000 | 905 West Fulton Market, Suite 200, Chicago, IL, United States, 60607 | https://www.mondelezinternational.com |
| Lotte Chemical | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.lottechem.com |
| GSK PLC | View profile | 70200 | 980 Great West Road, Brentford, Middlesex, United Kingdom, TW8 9GS | https://www.gsk.com |
Global functional chewing gums market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to functional chewing gums market will help companies and investors design strategic landscapes.
Smoking cessation gums was the largest segment with a revenue share of 41.82% in 2019. Horizon Databook has segmented the Global functional chewing gums market based on smoking cessation gums, oral health, fitness & well being, other products covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Functional Chewing Gums Product Outlook (Revenue, USD Million, 2016-2027)
- Fitness & Well Being
- Smoking Cessation Gums
- Oral Health
- Other Products
- Global Functional Chewing Gums Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Hypermarkets & Supermarkets
- Other Channels
- Convenience Stores
- Online
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Our clientele includes a mix of functional chewing gums market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global functional chewing gums market, including forecasts for subscribers. This global databook contains high-level insights into Global functional chewing gums market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global functional chewing gums market size, by regions, 2016-2027 (US$M)
Top 10 countries: Functional chewing gums market size, 2019 (US$M)
Global functional chewing gums market share, by product, 2019 & 2027 (%, US$M)
Functional chewing gums market: Opportunity assessment by country
Global functional chewing gums market, by region, 2019 (US$M)
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