India Functional Chewing Gums Market Size & Outlook
India functional chewing gums market, 2016-2027 (US$M)
Related Markets
India functional chewing gums market highlights
- The India functional chewing gums market generated a revenue of USD 24.8 million in 2019 and is expected to reach USD 54.6 million by 2027.
- The India market is expected to grow at a CAGR of 10.4% 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 24.8 million |
| Market revenue in 2027 | USD 54.6 million |
| Growth rate | 10.4% (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, India accounted for 1.7% 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 Asia Pacific, China functional chewing gums market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 54.6 million by 2027.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Functional Chewing Gums Market Scope
Functional Chewing Gums Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 42.34% in 2019. Horizon Databook has segmented the India 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.
One in every five people in a population of over 1.33 billion in India suffers from at least one chronic disease, be it respiratory, metabolic, or cardiovascular. The increasing prevalence of other chronic diseases like diabetes and various nutritional ailments has also led to the extensive promotion of natural functional chewing gums in India, subsequently driving the market.
Demographic changes and rapid urbanization are some of the other key factors expected to influence market growth over the forecast period.
Functional chewing gums are expected to witness high growth in weight management applications in India over the forecast period owing to increasing medical issues and rising awareness among the population about overcoming debilitating lifestyle disorders, including diabetes and obesity.
Reasons to subscribe to India functional chewing gums market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India functional chewing gums market databook
-
Our clientele includes a mix of functional chewing gums market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India functional chewing gums market, including forecasts for subscribers. This country databook contains high-level insights into India functional chewing gums market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
India functional chewing gums market size, by product, 2016-2027 (US$M)
India Functional Chewing Gums Market Share, 2019 & 2027 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
