Market Size of Asia-Pacific Sugar Free Chewing Gum Industry
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 |
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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 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 Size Summary
The Asia-Pacific sugar-free chewing gum market is experiencing notable growth, driven by increasing health consciousness among consumers and the rising prevalence of diabetes and oral health issues in the region. The market is benefiting from the proven oral health benefits of sugar-free gum, such as enhanced saliva production, plaque acid reduction, and strengthened teeth, which are endorsed by dental associations. The demand for sugar-free chewing gum is further fueled by innovative packaging and a diverse range of flavors, catering to the on-the-go lifestyle of consumers. This trend is particularly evident in countries like China, Japan, and South Korea, where sugar-free alternatives are gaining popularity as a preventive measure against dental ailments and tooth decay.
The market landscape is dominated by multinational companies such as Perfetti Van Melle Group B.V., Mondelez International, Inc., Mars, Incorporated, and The Hershey Company, which hold significant market shares. These players are focusing on new product innovations and attractive packaging to capture consumer interest and drive market growth. For instance, Wrigley India has introduced Doublemint Mints, a sugar-free gum available in multiple flavors, to cater to the evolving consumer preferences. The Asia-Pacific region presents substantial opportunities for sugar-free chewing gum marketers, with India projected to witness the fastest growth rate, reflecting the broader shift towards healthier consumer choices and the increasing awareness of the adverse effects of sugar consumption.
Asia-Pacific Sugar Free Chewing Gum Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Flavor
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2.1.1 Spearmint
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2.1.2 Peppermint
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2.1.3 Fruit Flavor
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2.1.4 Original Bubble Gum
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2.2 By Distribution Channel
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2.2.1 Hypermarket/Supermarket
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2.2.2 Convenience Stores
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2.2.3 Specialist Stores
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2.2.4 Online Retail
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2.2.5 Others
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2.3 By Geography
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2.3.1 China
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2.3.2 Japan
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2.3.3 India
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2.3.4 Australia
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2.3.5 Rest of Asia-Pacific
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Asia-Pacific Sugar Free Chewing Gum Market Size 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, The Hershey Company, Lotte Corporation and Glee Gum are the major companies operating in the Asia-Pacific Sugar Free Chewing Gum Market.