ID: MRFR/F-B & N/8922-HCR | 90 Pages | Published By Snehal Singh on March 2023
Sugar-Free Chewing Gum Market size is projected to reach approximately USD 13,548.3 Million by 2027, at a CAGR of 5.2% from 2020 to 2027.
Sugar-Free Chewing Gum Market size is projected to reach approximately USD 13,548.3 Million by 2027, at a CAGR of 5.2% from 2020 to 2027. Sugar-free chewing gum does not contain any sugar. The sweet taste of the gum is due to artificial or natural sweeteners. The commonly used sweetener in sugar-free chewing gum includes xylitol, isomalt, maltitol, mannitol, stevia, aspartame, and sorbitol. The gum releases its flavors over a period, just like conventional gum. There are many claims about sugar-free gum and its potential benefits for dental health, which is driving the market growth. Sugar-free gum has been shown to reduce cavities and plaque. The rising prevalence of obesity, diabetes, and dental concerns among the population is boosting the demand for sugar-free chewing gum across the globe. With the outbreak of COVID-19, the population across the globe is becoming conscious of the products they consume, for which the demand for functional and medicated sugar-free chewing gum is projected to rise. This has triggered the demand for Sugar-Free Chewing Gum Market in the long run. The introduction of new flavors in sugar-free chewing gum is further boosting the market growth.
Sugar-Free Chewing Gum Market has witnessed high growth in recent years. Rising health-conscious population, increasing prevalence of obesity and diabetes, and rising cases of tooth decay owing to excess sugar intake have increased the demand for sugar-free chewing gum. Other drivers expected to fuel the growth of the global sugar-free chewing gum market are frequent product innovations with the introduction of new flavors and the booming organized retail sector. Innovative marketing strategy is also uplifting the market growth. Functional attributes of chewing gum to be an easy and effective way to increase saliva flow and remove bacteria from the mouth along with prevention of tooth decay are surging the sales of sugar-free chewing gum. Many manufacturers are focusing on including natural sweeteners against artificial ones owing to the growing trend for products containing natural ingredients among the consumers. Also, innovations in technology are boosting the market growth. For instance, in October 2018, TasteTech launched a new Gum Kit for sugar-free chewing gum manufacturers.
Prevention against dental cavity
Sugar Free Chewing Gum Market Drivers
Sugar Free Chewing Gum Market Segmentation
By Distribution Channel
Key Players Sugar Free Chewing Gum Market
|Market Size||USD 13,548.3 Million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Flavor, By Distribution Channel and By Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||The Hershey Company (US), Perfetti Van Melle Group B.V. (Italy), Mondelēz International, Inc (US), Lotte Corporation (Japan), The PUR Company Inc. (Canada), Mars Incorporated (US), Health Made Easy Group (UK), Ferndale Confectionery Pty Ltd (Australia), Ferrero SpA (Italy), Verve, Inc. (US), Kraft Foods Inc (US), Haribo GmbH & Co. Kg (Germany), The Wm. Wrigley Jr. Company (US), Topps Company Inc. (US), Simply Gum Inc. (US)|
|Key Market Opportunities||Rising health-conscious population, increasing prevalence of obesity and diabetes, and rising cases of tooth decay owing to excess sugar intake have increased the demand for sugar-free chewing gum.|
|Key Market Drivers||
The Sugar-Free Chewing Gum Industry Size will be USD 13,548.3 million in 2027
Sugar-Free Chewing Gum Market is anticipated to grow at a 5.2% CAGR during the forecast period of 2020–2027
The Hershey Company (US), Perfetti Van Melle Group B.V. (Italy), Mondelēz International Inc (US), Lotte Corporation (Japan), The PUR Company Inc. (Canada), Mars Incorporated (US), Health Made Easy Group (UK), Ferndale Confectionery Pty Ltd (Australia), Ferrero SpA (Italy), Verve Inc. (US)
North America will dominate the Sugar-Free Chewing Gum Market