The Functional Chewing Gum Market is being driven by Increasing demand for nicotine gum in smoking cessation therapy
The Functional Chewing Gum Market is expected to grow at a CAGR of 5.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3444.8 million. In today's digital age, e-commerce has significantly influenced consumer behavior, particularly in the purchase of functional chewing gums. Companies in the global functional chewing gum market are capitalizing on this trend by expanding their online presence. While mature markets exhibit robust e-commerce penetration, emerging markets present untapped opportunities. The preference for online shopping is a key growth driver, with sales through digital channels expected to surge during the forecast period. Despite the growing importance of e-commerce, traditional brick-and-mortar stores continue to play a pivotal role in the sales of functional chewing gums.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
230 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.7% |
Market growth 2025-2029 |
USD 3444.8 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
5.3 |
Key countries |
China, US, Japan, Germany, India, UK, South Korea, Canada, Australia, France, China, US, Japan, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Functional Chewing Gum Market encompasses innovative gum products, integrating various technologies such as polymer matrix designs, emulsion stability, and encapsulation technology for controlled release mechanisms and drug delivery systems. These gums offer oral health benefits, including digestive aid ingredients, nutritional supplement integration, and weight management aspects. Breath freshening agents, cavity prevention strategies, plaque reduction efficacy, and gingivitis prevention are essential features, along with antibacterial properties, antioxidant compounds, and whitening ingredient effectiveness. Tooth enamel protection, saliva stimulation, and mineralization process contribute to dental caries prevention. Oral microbiome modulation, taste perception threshold, sensory adaptation, flavor intensity, aftertaste evaluation, and palatability testing further enhance the consumer experience.
The Functional Chewing Gum Market encompasses businesses engaged in the production of chewing gum with unique properties, such as improved gum base, innovative sweetener blends, advanced flavor delivery systems, and enhanced masticatory features. According to Technavio's market analysis, the market's size is determined by the consolidated revenue generated by these vendors. Equipment manufacturers and producers of packaged beverages, including alcoholic and non-alcoholic varieties, are excluded from this market. Key growth drivers for the Functional Chewing Gum Market include the health benefits associated with functional ingredients, consumer preference for convenient and long-lasting sugarless options, and increasing demand for gum with added vitamins and minerals.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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