Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Gum Confectionery Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Gum Confectionery Market Grow Between 2024 and 2025?
The Gum Confectionery Global Market Report 2025 indicates a steady growth in the market size. In terms of figures, it rose from $32.15 billion in 2024 to $33.72 billion in 2025, representing a compound annual growth rate (CAGR) of 4.9%.
How Much Will the Gum Confectionery Market Be Worth in 2029?
The Gum Confectionery Global Market Report 2025 projects that by 2029, the market size will reach $42.33 billion, growing at a compound annual growth rate (CAGR) of 5.8%.
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Which Gum Confectionery Market Drivers Are Linked to Revenue Growth?
The key drivers in the gum confectionery market are:
• Increasing health consciousness among consumers
• Growing demand for sensory experiences
• Influence of globalization and cultural fusion
• Surge in sustainable practices and ingredient innovations
Which Segments Are Expected to Grow in the Gum Confectionery Market?
The gum confectionerymarket covered in this report is segmented –
1) By Type: Sugared Gum, Sugar-Free Gum
2) By Form: Sticks Or Tabs, Pellets Or Pillows, Liquid Filled Gum, Other Forms
3) By Distribution Channel: Supermarket Or Hypermarket, Specialty Stores, E-Commerce, Other Distribution Channels
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What Are The Key Trends Impacting Growth In The Global Gum Confectionery Market?
The key trends in the gum confectionery market are:
• Functional and health-boosting ingredients are emerging as a significant trend in the gum confectionery market.
• The market is witnessing an increase in the use of sugar reduction techniques and natural sweeteners.
• There is a growing focus on novelty and exotic flavor in the gum confectionery market.
• Interactive packaging, eco-friendly packaging, and sustainability are some of the trends shaping the future of the market.
Who Are the Key Competitors in the Global Gum Confectionery Market?
Major players in the gum confectionery market are:
• Perfetti Van Melle Pvt. Ltd.
• Mars Incorporated
• Lotte Confectionery Co. Ltd.
• Mondelez International Inc.
• Grenades Gum LLC
• Cloetta AB
• The Hershey Company
• Ferrero International S A
• Gumlink Confectionery Company A S
• Haribo GmbH & Co KG
• FERNDALE CONFECTIONERY PTY. LTD.
• Tootsie Roll Industries Inc.
• Meiji Holdings Co. Ltd.
• Grupo Arcor
• Zed Candy B.V.
• Yildiz Holding A.S.
• Chupa Chups SA
• Peppersmith
• The PUR Company Inc.
• Project 7
• Simply Gum
• Extra Gum
• Wrigley Company
• Big League Chew
• Mentos
• Trolli GmbH
• Skittles
• Xylichew
Where Is the Gum Confectionery Market Growing Fastest Between 2025 and 2029?
Asia-Pacific was the largest region in the gum confectionary market in 2024
