Examining the Competitive Landscape of the Chewing Gum Market: Key Players, Strategies, and Market Share Analysis
Industry Analysis
According to the analysis by Data Bridge Market Research, the chewing gum market was worth USD 38.62 billion in 2021 and is projected to reach USD 50.75 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 5.30% during the forecast period. Over time, there has been a significant transition from basic product categories to sugar-free products, enabling manufacturers to adapt to the evolving consumer demands and opening up a wide range of opportunities in the market.