France Functional Chewing Gums Market Size & Outlook
France functional chewing gums market, 2016-2027 (US$M)
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France functional chewing gums market highlights
- The France functional chewing gums market generated a revenue of USD 66.7 million in 2019 and is expected to reach USD 136.9 million by 2027.
- The France market is expected to grow at a CAGR of 9.4% from 2020 to 2027.
- In terms of segment, smoking cessation gums was the largest revenue generating product in 2019.
- Oral Health is the most lucrative product segment registering the fastest growth during the forecast period.
Functional chewing gums market data book summary
| Market revenue in 2019 | USD 66.7 million |
| Market revenue in 2027 | USD 136.9 million |
| Growth rate | 9.4% (CAGR from 2019 to 2027) |
| Largest segment | Smoking cessation gums |
| Fastest growing segment | Oral Health |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smoking Cessation Gums, Oral Health, Fitness & Well Being, Other Products |
| Key market players worldwide | GSK PLC, Lotte Chemical, Cafosa, Gumlink Confectionery Company, miradent in Russia, Mondelez International Inc Class A, Peppersmith, Think Gum, Rev Energy Gum |
Other key industry trends
- In terms of revenue, France accounted for 4.6% of the global functional chewing gums market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Europe, Germany functional chewing gums market is projected to lead the regional market in terms of revenue in 2027.
- France is the fastest growing regional market in Europe and is projected to reach USD 136.9 million by 2027.
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Functional Chewing Gums Market Scope
Functional Chewing Gums Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 42.28% in 2019. Horizon Databook has segmented the France 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.
The people in France are also increasingly becoming more concerned about their health. While majority of the consumers are suffering from intestinal and digestive issues such as dysbacteriosis, the remaining population is attempting to combat obesity and age-related diseases.
The focus is on avoiding medical treatments with side-effects. All of these factors have driven prebiotic, vitamin, mineral, and other functional food demand. Major players in the market are adopting a number of marketing strategies, including launching innovative products, mergers, and acquisitions in order to gain maximum market share.
For instance, in August 2020, Hollywood brand partnered with Oral B and launched a new range of fluoride chewing gums. The company claims these have teeth strengthening benefits and offer protection from harmful germs.
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Horizon Databook provides a detailed overview of country-level data and insights on the France functional chewing gums market, including forecasts for subscribers. This country databook contains high-level insights into France functional chewing gums market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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France functional chewing gums market size, by product, 2016-2027 (US$M)
France Functional Chewing Gums Market Share, 2019 & 2027 (US$M)
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