This series was created for international firms who rely on foreign markets for a substantial portion of their business or who might be threatened by international competition.
The estimates given in this report were created using a methodology developed by and implemented under the direct supervision of Professor Philip M. Parker, the INSEAD Chair Professor of Management Science. The methodology relies on historical figures across countries. The figures should be seen as market estimates, as opposed to historical records, as these are projected for a specific year of trade.
1.1 OUR APPROACH This report was created for strategic planners, international executives and import/export managers who are concerned with the market for chewing gum. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics that appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for chewing gum for those countries serving the world market via exports or supplying from various countries via imports. I do so for a specific year based on a variety of key historical indicators and econometric models.
On the demand side, exporters and strategic planners approaching the world market face a number of questions: - Which countries are supplying chewing gum? - What is the dollar value of these imports? - How much do the imports of chewing gum vary from one country to another? - Do exporters serving the world market have similar market shares across the importing countries? - Which countries supply the most exports of chewing gum? - Which countries are buying their exports? - What is the value of these exports and which countries are the largest buyers?
In what follows, Chapter 2 begins by summarizing the regional markets for imported and exported chewing gum. The total level of imports and exports on a worldwide basis, and those for each region, is based on a model which aggregates across over 150 key country markets and projects these to a specific year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand and supply-side dynamics, market shares by country of origin are then calculated across each country market destination.
These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the shares that countries are likely to receive in a specific year. From these figures, rankings are calculated to allow managers to prioritize markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information for strategic planning purposes.
After the worldwide summary in Chapter 2 of both imports and exports, Chapter 3 details the exports of chewing gum, for each individual country. Chapter 4 does the same, but for imports of chewing gum for all countries in the world. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present the complete picture for imports and exports of chewing gum to and from all major countries in the world.
Of the countries considered, if a country is not reported here it is therefore estimated to have only a negligible level of trade in chewing gum (i.e. their market shares are close or equal to zero percent). "Chewing Gum" as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3).
The SITC code that defined "chewing gum" is 06221.
Important Caveat. The figures should be seen as market estimates, as opposed to historical records, as these are forecasted for a specific year of trade. More importantly, in light of the fact that unforeseeable factors might interrupt markets in achieving their reported levels, the figures should be seen as estimates of potential.
For example, "mad cow" disease, foot-and-mouth disease, trade embargoes, labor disputes, military conflicts, acts of terrorism and other events will certainly affect the actual trade flows recorded for a variety of industry or product categories. In such cases, the difference between the numbers given in this report and the numbers actually observed might be interpreted as the "net loss" or "net gain" due to these exogenous events affecting regular trade flows that would have occurred had these events not have taken place.
Related Reports This report was created for the market for chewing gum.
Closely related reports published by ICON Group include the following: •The World Market for Sugar Confectionery Excluding Cocoa Products: A 2018 Global Trade Perspective •The World Market for Chewing Gum: A 2018 Global Trade Perspective
Our reports have been used by over 10K customers, including:
99 pages •
By Infiniti Research Limited
• Nov 2018
About this market Cassia gum is one of the major resource for the manufacturing of organic dairy products. It is used as an emulsifier, thickener, moisture retention agent, foam stabilizer, and texturing agent in cheese and frozen dairy desserts. Cassia gum is widely used in dairy ice cream processing to introduce texture...
Report Synopsis Food & beverages and oil & gas sectors are the two largest consumers of Xanthan gum globally, where these two applications segments are estimated to corner a market share in excess of 80% together. Xanthan gum is used in wide range food products, such as sauces, dressings, meat and poultry products, bakery...
The food stabilizers (blends & systems) market is projected to grow at a CAGR of 4.0%, and the key drivers included growing consumption of processed food, the multifunctionality of food stabilizers, and the increased use of natural ingredients. The food stabilizers (blends & systems) market is estimated at USD 2.3 billion in 2018, and...
137 pages •
By Asia Market Information & Development Company
• Aug 2018
This study focuses on China’s Chewing Gums market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers...
The beverage stabilizers market is projected to grow at a CAGR of 5.6%. The beverage stabilizers market is estimated at USD 117.1 million in 2018, and projected to grow at a CAGR of 5.6%, to reach USD 153.8 million by 2023. The growth of the beverage stabilizers market is driven by the rising demand for healthier and natural food ingredients...
300 pages •
By The Business Research Company
• Jan 2019
Sugar And Confectionery Product Manufacturing Market Global Report 2019 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global sugar and confectionery product manufacturing market. Reasons to Purchase • Gain a truly...
Gum (Confectionery) Market in Brazil - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Gum (Confectionery) Market in Brazil - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Gum market in Brazil. Gum - includes all bubble and...
Gum (Confectionery) Market in China - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Gum (Confectionery) Market in China - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Gum market in China. Gum - includes all bubble and chewing...
Gum (Confectionery) Market in India - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Gum (Confectionery) Market in India - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Gum market in India. Gum - includes all bubble and chewing...
Gum (Confectionery) Market in Japan - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Gum (Confectionery) Market in Japan - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Gum market in Japan. Gum - includes all bubble and chewing...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.