Bubble Gum Market Overview Analysis:
Popular among kids, the bubble gum is being introduced for a variety of new applications like breath freshening, curb appetite, exercise the facial muscles etc. And now with the availability of sugar free variants, health conscious people are promoting gum on a big scale. With raising awareness, more and more people are demanding gum to reap its said benefits and this fuels the market growth.
Bubble Gum Market Price Analysis:
According to the research report, the Bubble Gum Market was valued at XX.XX Million in 2017, it is projected to reach USD XX.XX Million by the end of 2023, with increasing at a CAGR of XX.X% during the forecast period 2017-2023.
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Bubble Gum Market Regional Growth Analysis:
Europe remains the leading consumer with the UK and Italy being significant markets. In North America, the US is the market leader in terms of consumption followed by Asia Pacific. China and India’s booming millennial population and rising demand for more innovative products is expected to impact the growth of this market. Most developed countries have a dominant sugar free category growth in their markets, owing to oral and other health benefits.
Segmentation Study of the Bubble Gum Market:
- By Type:
- By End User/Application:
Bubble Gum Market Geographical Segmentation:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain etc)
- South America (Brazil, Argentina etc)
- Asia Pacific (Japan, India, Australia, China, others)
- Middle East & Africa (Saudi Arabia, South Africa etc)
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Bubble Gum Market Competitors Brief Analysis:
Big firms are bringing in more interesting shapes, sizes, flavours, attractive packaging of gums that is further boosting the market. Impulse purchasing, convenient and innovative packaging have been known to be the drivers of sale for the product.
Bubble Gum Market Key Players:
Some of the key players in this market include Mondeléz International Inc, The Hershey Company, Kraft Foods Inc., Ferndale Confectionery Pty Ltd., Haribo GmbH & Co., Mars Incorporated, Perfetti Van Melle, The Wm. Wrigley Jr. Company, and ZED Candy among others.
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