Asia Pacific Sugar-Free Chewing Gum Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.47 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Asia Pacific Sugar-Free Chewing Gum Market Analysis
Asia-Pacific sugar-free chewing gum market is projected to grow, witnessing a CAGR of 5.47% during the forecast period (2020 - 2025).
- Asia-Pacific region is projected to offer significant opportunities for sugar-free chewing gum marketers owing to the rising diabetic population and increased rate of oral health problems in recent years across the region.
- Proven oral benefits of chewing sugar-free gum have been shown to increase the flow of saliva, thereby reducing plaque acid, strengthening the teeth, and reducing tooth decay which is driving the demand for sugar-free chewing gums across the region.
- Furthermore, the sugar-free alternatives of chewing gum are also being recognized as a preventive measure for dental ailments by various leading dental associations and organizations across the Asia-Pacific region.
Asia Pacific Sugar-Free Chewing Gum Market Trends
This section covers the major market trends shaping the APAC Sugar Free Chewing Gum Market according to our research experts:
New Product Launched and Innovations in Sugar-Free Gums
The demand for the single pack is growing with consumer demand for various flavors. Innovation in a unique format, a new pack, and varied flavor range continued to be sugar- free chewing gum market opportunity to drive the market. On-the-go mouth freshness products, such as Doublemint has performed well in Asia owing to high demand and increased usage of social media and growing purchasing power supports the market growth of sugar-free chewing gum. Driving consumer awareness through packaging that demonstrates product information through pack design is the future sugar-free chewing gum market opportunity. Hence, new product innovation with attractive packaging is the main strategy adopted by players.
China Market Holds Significant Share
China followed by Japan and South Korea are the largest markets for sugar-free chewing gums in the Asia-Pacific region. Sugar-free gums offer a bright spot to the Chinese chewing gum market as it resonates with the general rise in consumer health-awareness and is benefiting from growing concerns about the harmful impact of sugar consumption on health and the increasing prevalence of obesity. Sugar-free chewing gums have replaced traditional bubble gums owing to the rising concerns of tooth decay among Chinese children. Wrigley Confectionery (China) Ltd remained the leading player in the sugar-free gum market in 2019. Moreover, India's sugar-free chewing market is projected to grow at the fastest rate during the forecast period.
Asia Pacific Sugar-Free Chewing Gum Industry Overview
The Asia-Pacific sugar-free chewing gum market is concentrated among multinational players occupying major share. Key market players include Perfetti Van Melle Group B.V., Mondelez International, Inc., Mars, Incorporated, The Hershey Company, and others.
New product innovation with attractive packaging is the main strategy adopted by players. For instance, Wrigley India, a subsidiary of Mars Inc., launched Doublemint Mints, which is a sugar-free chewing gum available in two flavors- peppermint and spearmint.
Asia Pacific Sugar-Free Chewing Gum Market Leaders
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Perfetti Van Melle Group B.V.
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Mondelez International, Inc.
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Mars, Incorporated
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聽The Hershey Company
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Lotte Corporation
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Glee Gum
*Disclaimer: Major Players sorted in no particular order
Asia Pacific Sugar-Free Chewing Gum Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables and Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Flavor
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5.1.1 Spearmint
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5.1.2 Peppermint
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5.1.3 Fruit Flavor
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5.1.4 Original Bubble Gum
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5.2 By Distribution Channel
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5.2.1 Hypermarket/Supermarket
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5.2.2 Convenience Stores
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5.2.3 Specialist Stores
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5.2.4 Online Retail
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5.2.5 Others
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5.3 By Geography
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5.3.1 China
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5.3.2 Japan
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5.3.3 India
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5.3.4 Australia
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5.3.5 Rest of Asia-Pacific
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Perfetti Van Melle Group B.V.
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6.3.2 Mondelez International, Inc.
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6.3.3 Mars, Incorporated
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6.3.4 The Hershey Company
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6.3.5 Lotte Corporation
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6.3.6 Ferrero SpA
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6.3.7 Glee Gum
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6.3.8 The PUR Company Inc.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Asia Pacific Sugar-Free Chewing Gum Industry Segmentation
The scope of the Asia-Pacific sugar-free chewing gum market includes segmentation of the market by favor which includes spearmint, peppermint, fruit flavors, and original bubble gum. The market is also segmented on the basis of the distribution channel which includes supermarket/hypermarket, specialist stores, convenience stores, online retail stores, and others. The study also involves the major countries of the Asia-Pacific region including China, Japan, India, Australia, and Rest of Asia-Pacific.
| By Flavor | |
| Spearmint | |
| Peppermint | |
| Fruit Flavor | |
| Original Bubble Gum |
| By Distribution Channel | |
| Hypermarket/Supermarket | |
| Convenience Stores | |
| Specialist Stores | |
| Online Retail | |
| Others |
| By Geography | |
| China | |
| Japan | |
| India | |
| Australia | |
| Rest of Asia-Pacific |
Asia Pacific Sugar-Free Chewing Gum Market Research FAQs
What is the current Asia-Pacific Sugar Free Chewing Gum Market size?
The Asia-Pacific Sugar Free Chewing Gum Market is projected to register a CAGR of 5.47% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Sugar Free Chewing Gum Market?
Perfetti Van Melle Group B.V., Mondelez International, Inc., Mars, Incorporated, 聽The Hershey Company, Lotte Corporation and Glee Gum are the major companies operating in the Asia-Pacific Sugar Free Chewing Gum Market.
What years does this Asia-Pacific Sugar Free Chewing Gum Market cover?
The report covers the Asia-Pacific Sugar Free Chewing Gum Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Sugar Free Chewing Gum Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
APAC Sugar Free Chewing Gum Industry Report
Statistics for the 2024 APAC Sugar Free Chewing Gum market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. APAC Sugar Free Chewing Gum analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
