As per our analysis report, the North America Gum Market is expected to reach USD 7.35 billion by 2029 from USD 6.01 billion in 2024, growing at a compound annual growth rate (CAGR) of 4.1% during the forecast period.
Chewing gum is a soft, cohesive food substance that is intended to be chewed without being swallowed and it is made of a gum base, sweeteners, softeners/plasticizers, and a hard coating of powdered polyol. It is available in many flavors and colors. Sugar-free gum sweetened with xylitol has been shown to reduce cavities and plaque.
Factors contributing to the growth of the market include increasing purchase of socially approved products regarding dental benefits and increasing consumer inclination towards impulse purchases. However, factors like environmental concerns and disposable problems related to masticated gum are hindering the growth of the market. Also, innovative flavor offerings and the increasing popularity of natural gum products are expected to boost the market.
Based on geographical analysis, the market is divided into regions of the United States of America and Canada. The USA holds the major share in the market due to the presence of market leaders as well as a large population of gum-consuming individuals. The USA is also the fastest-growing region due to increasing demand for product innovation and increasing disposable income. Sugared Gums hold the major market share while sugar-free gums are expected to grow the fastest due to increasing dental concerns and the increasing popularity of functional gums. Bubble Gums and Chewing gums hold the major market share due to their popularity among children, increasing disposable income and increasing use for casual chewing. Based on distribution channels supermarkets hold the major share of the market while online retails are expected to grow the fastest
Some of the key players dominating this market include Mondeléz International Inc, Kraft Foods Inc., Mars Inc., Wrigley’s, Perfetti, Howell Foods, Hershey, Think Gum, Zapp Gum, ZOFT Gum, Super Mouth, and Lotte.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region