Sugar-Free Chewing Gum Market Growth Trajectory – Insights On Key Drivers, Major Trends, And Top Opportunities
16 Jun, 2023
The global sugar-free chewing gum market size is expected to grow from $11.22 billion in 2022 to $12.11 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sugar-free chewing gum market size is expected to reach $15.75 billion in 2027 at a CAGR of 6.8%.
Global Sugar-Free Chewing Gum Market Key Driver
The expanding diabetic population is predicted to drive future growth in the sugar-free chewing gum market. Diabetes is a chronic disease characterised by high blood glucose levels caused by the body's failure to make or use insulin appropriately. Sugar-free gums improve enamel, reduce tooth sensitivity, and are extremely beneficial for diabetics who must watch their sugar intake, seek sugar-free alternatives, and are concerned about their oral health.
Get a sample of the global sugar-free chewing gum market reportGlobal Sugar-Free Chewing Gum Market Segments
The global sugar-free chewing gum market is segmented:
1) By Type: Tooth Protection Gum, Quit Smoking Gum, Weight Loss Gum, Other Types
2) By Flavor: Spearmint, Peppermint, Bubble Gum, Other Flavors
3) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Or Grocery Stores, Online Retail Stores, Other Distribution Channels
4) By Geography: The regions covered in the sugar-free chewing gum market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global sugar-free chewing gum market.
Major Sugar-Free Chewing Gum Industry Players
The Hershey Company, Perfetti Van Melle Group B.V., Mondelez International Inc., Ferrero S.p.A., Lotte Corporation, The PUR Company Inc., Mars Incorporated, Health Made Easy Group, Ferndale Confectionary, Chewsy Gum, Verve Inc., Kraft Foods Inc., Haribo GmbH & Co. Kg, The Wm. Wrigley Jr. Company, Topps Company Inc., Simply Gum Inc., Nestlé S.A
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Sugar-Free Chewing Gum Market Overview
Sugar-free chewing gum is a type of chewing gum that does not contain sugar or uses a sugar substitute such as aspartame, sorbitol, xylitol, or stevia. These sugar substitutes provide a sweet taste to the gum without increasing the amount of sugar or calories.
Sugar-Free Chewing Gum Global Market Report 2023 provides data on the global sugar-free chewing gum market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The sugar-free chewing gum market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.