Authored By: Sarah
11 Jul 2024

 Functional Chewing Gum Market to grow by USD 3149.6 million between 2024-2028

According to a research report “ Functional Chewing Gum Market” by Product (Oral health gum, Nicotine gum, Weight gum, Lifestyle gum) Distribution Channel (Convenience stores, Hypermarkets and supermarkets, Online) Geography (APAC, Europe, North America, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 3149.6 million at a CAGR of over 5.53% during the forecast period. In the realm of tobacco cessation, functional chewing gums serve as an essential tool for individuals seeking to disengage from nicotine addiction. These gums, including nicotine gum, offer a viable alternative to cigarettes, enabling smokers to gradually wean themselves off tobacco. By providing fast-acting relief from irritability and mood swings, these gums help mitigate the inconveniences associated with smoking cessation therapy. Moreover, they contribute to weight management post-cessation, making them a valuable investment for businesses catering to this market..

Browse market data tables, figures, and in-depth TOC on “Functional Chewing Gum Market” by Product (Oral health gum, Nicotine gum, Weight gum, Lifestyle gum) Distribution Channel (Convenience stores, Hypermarkets and supermarkets, Online) Geography (APAC, Europe, North America, Middle East and Africa, South America) Global Forecast to 2028.

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By Product, the Oral health gum segment is projected to dominate the market size in 2024.

The Functional Chewing Gum market represents a significant business opportunity, driven by consumer demand for products offering health benefits and enhanced sensory experiences. Key functionalities include fresh breath, stress relief, and oral health improvement. Market growth is fueled by increasing health consciousness, expanding consumer base, and technological advancements. Companies are investing in research and development to introduce innovative flavors, textures, and functional ingredients. The market is expected to grow steadily, offering substantial returns for businesses engaged in its production and distribution.

By Distribution Channel, Convenience stores  segment is expected to hold the largest market size for the year 2024.

The Functional Chewing Gum market represents a significant business opportunity, driven by consumer demand for products offering health benefits and enhanced sensory experiences. Key functionalities include fresh breath, stress relief, and oral health improvement. Market growth is fueled by increasing health consciousness, expanding consumer base, and technological advancements. Companies are investing in research and development to introduce innovative flavors, textures, and functional ingredients. The market is expected to grow steadily, offering substantial returns for businesses engaged in its production and distribution.

APAC is forecasted to hold the largest market size by region in 2024.

The Functional Chewing Gum market represents a significant business opportunity, driven by consumer demand for products offering health benefits and enhanced sensory experiences. Key functionalities include fresh breath, stress relief, and oral health improvement. Market growth is fueled by increasing health consciousness, expanding consumer base, and technological advancements. Companies are investing in research and development to introduce innovative flavors, textures, and functional ingredients. The market is expected to grow steadily, offering substantial returns for businesses engaged in its production and distribution.

The Functional Chewing Gum Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AB Natural Base SA CV
  • Cipla Inc.
  • Cloetta AB
  • Federation of Migros Cooperatives
  • Ford Gum Inc.
  • Gumlink Confectionery Company AS
  • Hager and Werken GmbH and Co. KG
  • Johnson and Johnson Services Inc.
  • JOYRIDE
  • Makers Row Inc.
  • Mars Inc.
  • MD E GUM SRL
  • Med CBDX
  • Mondelez International Inc.
  • Per Os Biosciences LLC
  • Perfetti Van Melle Group BV
  • Simply Gum Inc.
  • The Hershey Co.
  • Think Gum LLC
  • WUG Functional Gums SL
.

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Research Analysis Overview

The Functional Chewing Gum Market encompasses a wide range of products designed to deliver various health benefits through the oral mucosa. These gums serve as effective drug delivery agents for active ingredients such as Nicotine for smoking cessation, Cannabigerol for pain relief and medicinal properties, and Probiotic Bacillus Subtilis for immunity boosting. The market caters to diverse consumer needs, including weight loss through Weight Reducing Gums, energy enhancement with Energy Gums, tooth whitening with Tooth Whitening Gums, and even sleep aid with Sleep Gums. Functional chewing gums come in various forms, including Oral Care Gums, Dietary Supplements, and Herbal Gums, which contain essential vitamins, minerals, and herbs. Their portability makes them a convenient alternative to pills and drinks for consumers seeking quick relief from hunger pains or enhancing their oral health by combating Streptococcus mutans.

Market Research Overview

The functional chewing gum market encompasses a wide range of products designed to cater to various health concerns and consumer preferences. These innovative gums offer benefits such as calorie control, appetite suppression, smoking cessation therapy, and pain relief. Key ingredients include nicotine for smoking cessation, cannabigerol for stress and depression, and unique properties like tooth whitening and breath freshening agents. Additionally, therapeutic gums infused with CBD, vitamins like Beta carotene, Lycopene, Vitamin D3, and Vitamin E, and minerals are gaining popularity. These gums are marketed through digital channels, including e-commerce platforms and online stores, and are conveniently portable. They are also available at medical stores, pharmacies, retail stores, and convenience stores. Functional chewing gums cater to health-conscious consumers seeking weight management, oral care, and preventive healthcare solutions. They come in various flavors and can be considered as dietary supplements and convenient food products. Some functional gums even contain probiotic Bacillus Subtilis for immunity-boosting properties.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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