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Functional Chewing Gums Market Size, Share & Trends Analysis Report By Product (Smoking Cessation, Oral Health, Fitness & Well Being), By Distribution Channel, By Region, And Segment Forecasts, 2020 - 2027

September 2020 | 80 pages | ID: F403BCCBEB98EN
Grand View Research, Inc.

US$ 3,950.00

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Functional Chewing Gums Market Growth & Trends
The global functional chewing gums market size is expected to reach USD 2.83 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.9% from 2020 to 2027. The growing immense popularity of such products among the millennials owing to the number of health benefits associated with them is expected to be an influencing factor for the industry growth. Furthermore, increasing willingness to pay a premium price for maintaining a healthy lifestyle is projected to expand the scope of functional chewing gums over the next few years.

The growing popularity of smoking cessation chewing gums and sliming chewing gums has been positively impacting the industry growth. Some of the other products gaining traction are focused on dealing with cholesterol-lowering, anti-aging, cellulite treatment, menopause, acne treatment, and breast enlargements.

Product launches have been playing a crucial role in creating a wide penetration among consumers. In December 2019, Rev Gum improvised its caffeinated chewing gums. The new product is considered to be effective and portable. It is free from sugar, carbohydrate, and other traditional energy solutions. Each of these gums contains less than two calories and delivers 100 milligrams of caffeine, which is equivalent to a cup of coffee. The product is available in a pack of six pieces with three flavors, including peppermint, spearmint, and spearmint. The suggested retail price for the product is USD 2.99 and is targeted towards innovators, thrill-seekers, and up all-nighters.

Functional Chewing Gums Market Report Highlights
  • By product, smoking cessation gums accounted for a share of more than 40.0% in 2019. The growth of the product is attributed to a large number of smokers who are trying to quit smoking
  • The oral health gums segment is expected to register the fastest CAGR of 9.6% from 2020 to 2027. The growing desire among youngsters to maintain healthy oral hygiene, along with bright and shiny teeth, is driving the sale of oral health gums
  • The online distribution channel segment is expected to register the fastest CAGR of 10.0% from 2020 to 2027. Rising spending on e-commerce portals as a key shopping medium among the buyers is projected to promote the scope of the online segment
  • North America held the largest share of over 35.0% in 2019. The region has been witnessing a number of strategic movements from the manufacturers of functional chewing gums in the U.S. to leverage the boom in the market growth.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Product Outlook
2.3. Distribution Channel Outlook
2.4. Competitive Insights

CHAPTER 3. FUNCTIONAL CHEWING GUMS MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
  3.3.1. Sales/Retail Channel Analysis
  3.3.2. Profit Margin Analysis
3.4. Market Dynamics
  3.4.1. Market Driver Analysis
  3.4.2. Market Restraint Analysis
  3.4.3. Industry Challenges
  3.4.4. Industry Opportunities
3.5. Business Environment Analysis
  3.5.1. Industry Analysis – Porter’s
    3.5.1.1. Supplier Power
    3.5.1.2. Buyer Power
    3.5.1.3. Substitution Threat
    3.5.1.4. Threat from New Entrant
    3.5.1.5. Competitive Rivalry
3.6. Roadmap of Functional Chewing Gums Market
3.7. Market Entry Strategies
3.8. Impact of COVID-19

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

CHAPTER 5. FUNCTIONAL CHEWING GUMS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Product Movement Analysis & Market Share, 2019 & 2027
5.2. Smoking Cessation Chewing Gums
  5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.3. Oral Health Chewing Gums
  5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.4. Fitness & Well Being Chewing Gums
  5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.5. Others
  5.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)

CHAPTER 6. FUNCTIONAL CHEWING GUMS MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

6.1. Distribution Channel Movement Analysis & Market Share, 2019 & 2027
6.2. Hypermarkets & Supermarkets
  6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3. Convenience Stores
  6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.4. Online
  6.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.5. Others
  6.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)

CHAPTER 7. FUNCTIONAL CHEWING GUMS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Regional Movement Analysis & Market Share, 2019 & 2027
7.2. North America
  7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.2.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.2.4. The U.S.
    7.2.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.2.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.2.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.3. Europe
  7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.3.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.3.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.3.4. Germany
    7.3.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.3.5. The U.K.
    7.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.3.6. France
    7.3.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.6.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.4. The Asia Pacific
  7.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.4.4. China
    7.4.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.4.5. Japan
    7.4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.4.6. India
    7.4.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.6.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.5. Central & South America
  7.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.6. The Middle East & Africa
  7.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.6.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
  8.3.1. Key company market share analysis, 2019

CHAPTER 9. COMPANY PROFILES

9.1. ABOAFSITE SA CV
  9.1.1. Company Overview
  9.1.2. Financial Performance
  9.1.3. Product Benchmarking
  9.1.4. Strategic Initiatives
9.2. CAFOSA
  9.2.1. Company Overview
  9.2.2. Financial Performance
  9.2.3. Product Benchmarking
  9.2.4. Strategic Initiatives
9.3. GSK group
  9.3.1. Company Overview
  9.3.2. Financial Performance
  9.3.3. Product Benchmarking
  9.3.4. Strategic Initiatives
9.4. Gumlink Confectionery Company A/S
  9.4.1. Company Overview
  9.4.2. Financial Performance
  9.4.3. Product Benchmarking
  9.4.4. Strategic Initiatives
9.5. LOTTE CONFECTIONERY CO. LTD.
  9.5.1. Company Overview
  9.5.2. Financial Performance
  9.5.3. Product Benchmarking
  9.5.4. Strategic Initiatives
9.6. Med CBDX
  9.6.1. Company Overview
  9.6.2. Financial Performance
  9.6.3. Product Benchmarking
  9.6.4. Strategic Initiatives
9.7. Miradent
  9.7.1. Company Overview
  9.7.2. Financial Performance
  9.7.3. Product Benchmarking
  9.7.4. Strategic Initiatives
9.8. Mondel?z International
  9.8.1. Company Overview
  9.8.2. Financial Performance
  9.8.3. Product Benchmarking
  9.8.4. Strategic Initiatives
9.9. Peppersmith
  9.9.1. Company Overview
  9.9.2. Financial Performance
  9.9.3. Product Benchmarking
  9.9.4. Strategic Initiatives
9.10. Think Products LLC
  9.10.1. Company Overview
  9.10.2. Financial Performance
  9.10.3. Product Benchmarking
  9.10.4. Strategic Initiatives
9.11. Rev Gum
  9.11.1. Company Overview
  9.11.2. Financial Performance
  9.11.3. Product Benchmarking
  9.11.4. Strategic Initiatives
LIST OF TABLES

1. Functional Chewing Gums - Key market driver analysis
2. Functional Chewing Gums - Key market restraint analysis
3. Global smoking cessation chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
4. Global oral health chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
5. Global fitness & wellbeing chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
6. Global other functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
7. Global functional chewing gums market estimates and forecast from hypermarkets & supermarkets, 2016 - 2027 (USD Million)
8. Global functional chewing gums market estimates and forecast from convenience stores, 2016 - 2027 (USD Million)
9. Global functional chewing gums market estimates and forecast from online, 2016 - 2027 (USD Million)
10. Global functional chewing gums market estimates and forecast from others, 2016 - 2027 (USD Million)
11. North America functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
12. North America functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
13. North America functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
14. U.S. functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
15. U.S. functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
16. U.S. functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
17. Europe functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
18. Europe functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
19. Europe functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
20. Germany functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
21. Germany functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
22. Germany functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
23. U.K. functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
24. U.K. functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
25. U.K. functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
26. France functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
27. France functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
28. France functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
29. The Asia Pacific functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
30. The Asia Pacific functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
31. The Asia Pacific functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
32. China functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
33. China functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
34. China functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
35. Japan functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
36. Japan functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
37. Japan functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
38. India functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
39. India functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
40. India functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
41. Central & South America functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
42. Central & South America functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
43. Central & South America functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
44. The Middle East & Africa functional chewing gums market estimates and forecast, 2016 - 2027 (USD Million)
45. The Middle East & Africa functional chewing gums market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
46. The Middle East & Africa functional chewing gums market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
47. Vendor landscape

LIST OF FIGURES

1. Functional chewing gums market snapshot
2. Functional chewing gums market segmentation & scope
3. Functional chewing gums market penetration & growth prospect mapping
4. Functional chewing gums value chain analysis
5. Functional chewing gums market dynamics
6. Functional chewing gums market Porter's analysis
7. Functional chewing gums market: Product movement analysis
8. Functional chewing gums market: Distribution channel movement analysis
9. Functional chewing gums market: Regional movement analysis


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