Global Gum Market 2020-2024 The analyst has been monitoring the gum market and it is poised to grow by USD 1.15 bn during 2020-2024 progressing at a CAGR of 1% during the forecast period. Our reports on gum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the new product launches, strong distribution network between manufacturers and retailers and increased marketing and promotional initiatives. In addition, new product launches is anticipated to boost the growth of the market as well. The gum market analysis includes product segment, type segment, and geographical landscapes
The gum market is segmented as below: By Product • Chewing gums • Bubble gums
By Type • Sugared gums • Sugar-free gums
By Geographic Landscapes • APAC • Europe • North America • MEA • South America
This study identifies the growing demand for functional chewing gums as one of the prime reasons driving the gum market growth during the next few years. Also, recycling chewing gum into new polymers and increasing demand for organic gums will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our gum market covers the following areas: • Gum market sizing • Gum market forecast • Gum market industry analysis
Our reports have been used by over 10K customers, including:
137 pages •
By Asia Market Information & Development Company
• Nov 2020
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...
246 pages •
By Euromonitor International
• Dec 2020
Packaged food will see a significant impact from COVID-19 in 2020 with drastically reduced revenue takings. This was largely due to the temporary closure of bars and restaurants from mid-March to mid-May, which was imposed to reduce the spread of the virus. After May, the venues were allowed to reopen provided social distancing restrictions...
207 pages •
By Euromonitor International
• Dec 2020
Packaged food in Costa Rica is being impacted by COVID-19, as lockdown restrictions meant consumers spent more time at home. This has boosted demand for cooking ingredients, such as edible oils, as well as snacking products which consumers eat as an indulgence or parents give to children. Packaged Food in Costa Rica report offers a...
234 pages •
By Euromonitor International
• Dec 2020
Coronavirus (COVID-19) is having a significant impact on packaged food sales in India. A nationwide lockdown was imposed from 25 March for 21 days after which it was only lifted in some regions where the number of infections was low. The unprecedented measures necessary to curb virus transmission led to panic buying and subsequent stockpiling...
225 pages •
By Euromonitor International
• Dec 2020
The worst effects of the COVID-19 pandemic were seen in March and April, when the strictest lockdown measures were enforced by the Georgian government. There was more stabilisation in the second half of the year as some retail and foodservice outlets were able to open, albeit with restrictions in place. Packaged Food in Georgia report...
250 pages •
By Euromonitor International
• Dec 2020
Due to the outbreak of COVID-19 in Austria, the government enforced a lockdown in the country from 16 March, closing non-essential stores while grocery retailers and pharmacies remained open. Foodservice venues had to close for dine-in options; however, takeaway and delivery was permitted, with an increasing number of players offering these...
215 pages •
By Euromonitor International
• Dec 2020
In response to the outbreak of COVID-19, the Slovenian government implemented many restrictions, starting with a national lockdown that begun on 20 March 2020. Under lockdown, schools were forced to close, and employees had to work from home where possible. Only essential retailers could remain open and the foodservice industry was also obliged...
215 pages •
By Euromonitor International
• Dec 2020
Overall, COVID-19 is not expected to have a dramatic effect on retail volume and current value sales of packaged food in 2020, with growth in line with the review period. All the same, there has been some changes in consumer behaviour which is expected to affect volume sales of certain products. Packaged Food in Kazakhstan report offers...
226 pages •
By Euromonitor International
• Dec 2020
An initial 2-month nationwide lockdown announced from March 2020 by the government in an attempt to control the spread of COVID-19 in the Philippines resulted in early stockpiling tendencies amongst many local consumers who were concerned about essential staple foods being out of stock in grocery retailers. Packaged Food in Philippines...
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