(Food-Beverage-News.Com, March 20, 2018 ) Chewing gum is a product that is mostly bought on impulse. Therefore, attractive packaging and the correct placement of these products, like at the checkout zones of supermarkets and hypermarkets, are expected to drive the market during the forecast period. Chewing, especially for an extended period, is regarded as indecorous in many countries such as Japan, Thailand, Malaysia, and Singapore. Therefore, consumers in such countries often favor consuming mints to chewing gum. This will likely hurt the overall demand for chewing gum over the next five years. Moreover, the littering of masticated gum, which does harm to the environment, is an associated problem with gum consumption.
Publisher's analysts forecast the global chewing gum market to grow at a CAGR of 1.25% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global chewing gum market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of chewing gums to individual customers in the global market.
The market is divided into the following segments based on geography:
Publisher's report, Global Chewing Gum Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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