The Latest Chewing Gum Industry Statistics Explained
The global chewing gum market size was valued at USD 30.15 billion in 2020.
The statistic “The global chewing gum market size was valued at USD 30.15 billion in 2020” indicates the total revenue generated from sales of chewing gum products worldwide during the year 2020. This value represents the overall market performance and economic significance of the chewing gum industry on a global scale. The market size serves as a key indicator of the industry’s growth, demand, and potential profitability. Factors such as consumer preferences, marketing strategies, innovation in product development, and economic conditions can influence the market size of chewing gum products. The statistic suggests that chewing gum is a significant consumer product that contributes substantially to the global economy.
The Chewing Gum Market is expected to grow from USD 22.27 billion in 2021 to USD 28.42 billion by 2028, at a CAGR of 3.66% during the forecast period 2021-2028.
This statistic indicates that the Chewing Gum Market is projected to experience growth over the forecast period of 2021-2028, increasing from USD 22.27 billion in 2021 to USD 28.42 billion by 2028. The Compound Annual Growth Rate (CAGR) of 3.66% reflects the average annual growth rate of the market during this period. A CAGR of 3.66% suggests a steady and moderate growth trajectory for the chewing gum market, driven by factors such as changing consumer preferences, new product innovations, and expanding market reach. Overall, this statistic paints a positive outlook for the chewing gum industry, indicating potential opportunities for market expansion and development in the coming years.
Sugar-free gum held almost 85% market share in 2019.
The statistic that sugar-free gum held almost 85% market share in 2019 indicates that the majority of the gum market was dominated by sugar-free gum products during that year. This suggests that consumers were largely shifting towards healthier options, potentially due to a growing awareness of the negative health effects of sugar consumption. The high market share of sugar-free gum also signifies a strong demand for products that promote dental health and weight management. Companies in the gum industry may have increased their focus on developing and promoting sugar-free options to cater to this trend and capitalize on the growing market preference for healthier alternatives.
The North American region dominated the chewing gum market and accounted for over 20% share of the global consumption in 2019.
The statistic indicates that the North American region had a significant influence on the global chewing gum market in 2019 by holding more than a 20% share of the total consumption. This implies that North America played a leading role in driving the demand for chewing gum worldwide during that year. Factors such as high consumer demand, effective marketing strategies, and a strong distribution network in the region likely contributed to its dominance in the market. The statistic highlights the importance of North America as a key market for the chewing gum industry and underscores the region’s influence on the overall global consumption patterns in this product category.
Around 374 billion pieces of chewing gum are sold worldwide each year.
The statistic that around 374 billion pieces of chewing gum are sold worldwide each year highlights the significant popularity and widespread consumption of chewing gum as a consumer product. This figure indicates the vast global demand for chewing gum across various demographics, indicating its prevalence as a common commodity in the market. The scale of sales suggests a substantial industry that involves production, distribution, and consumption on a massive scale, reflecting the widespread appeal and consistent market presence of chewing gum as a product enjoyed by millions around the world.
Wrigley’s holds an estimated 34.4% of the U.S. chewing gum market in 2019.
The statistic “Wrigley’s holds an estimated 34.4% of the U.S. chewing gum market in 2019” indicates that Wrigley’s, a popular chewing gum brand, has captured approximately one-third of the total market share for chewing gum in the United States during the year 2019. This statistic implies that Wrigley’s is a dominant player in the industry, outcompeting other gum manufacturers to secure a significant portion of market sales. Companies often track their market share to assess their competitive position and performance relative to their industry rivals, and in this case, Wrigley’s strong market share suggests a successful marketing strategy and strong consumer appeal for their gum products in the U.S. market.
In the final quarter of 2016, Orbit and Extra, both Wrigley’s brands, had a sales volume distribution of 3.6% and 3.1% respectively in the U.S.
The statistic indicates that in the final quarter of 2016, Wrigley’s brands Orbit and Extra had sales volume distributions of 3.6% and 3.1% respectively in the United States. This means that out of the total sales volume of chewing gums in the U.S. during that period, Orbit accounted for 3.6% of the market share, while Extra held a slightly lower share of 3.1%. The statistic provides insight into the competitive landscape of the chewing gum market in the U.S., highlighting the relative popularity and distribution of these specific Wrigley’s brands among consumers during that time frame.
Bubble gum accounts for 33% of global chewing gum sales.
This statistic indicates that out of the total sales of chewing gum worldwide, approximately one-third (33%) is attributed to bubble gum specifically. This suggests that bubble gum is a significant player in the chewing gum market, showing that it is a popular choice among consumers globally. Understanding the distribution of sales among different types of chewing gum can provide valuable insights for manufacturers and retailers in terms of product development, marketing strategies, and targeting specific consumer preferences.
U.S. consumption of chewing gum is forecasted to be 800,000 metric tons by 2025.
The statistic stating that U.S. consumption of chewing gum is forecasted to reach 800,000 metric tons by 2025 indicates the projected amount of chewing gum that will be consumed in the United States by that year. This forecast serves as a quantitative estimate of the expected demand for chewing gum in the country. Factors such as population growth, consumer preferences, marketing efforts, and economic conditions likely influence this forecasted consumption figure. It provides insight into the potential market size for chewing gum manufacturers and retailers, helping them make informed decisions related to production levels, inventory management, and marketing strategies to meet the predicted consumer demand.
As per 2018 findings, U.S. consumers spent $4.1 billion on chewing gum.
The statistic indicates that in the year 2018, consumers in the United States collectively spent a total of $4.1 billion on chewing gum. This denotes a significant amount of money dedicated to the purchase of chewing gum products within that time period. The statistic reflects the popularity and demand for chewing gum among American consumers, highlighting its prevalence as a consumer product. Such spending contributes to the overall economy and consumer behavior trends, showcasing the importance of chewing gum as a consumer good in the U.S. market during the specified year.
Chewing gum sales in the United States have fallen 23% since 2010.
The statistic “Chewing gum sales in the United States have fallen 23% since 2010” indicates a considerable decline in the consumption of chewing gum over the specified time period. A 23% decrease in sales could suggest various factors influencing this trend, such as changing consumer preferences, health awareness campaigns discouraging gum consumption due to sugar content or environmental concerns related to gum waste. This statistic highlights a significant shift in market dynamics within the chewing gum industry, prompting companies to revisit their marketing strategies and product offerings to adapt to evolving consumer behaviors and preferences. Understanding the reasons behind this sales decline can provide valuable insights for businesses operating in the chewing gum market to make informed decisions and remain competitive.
15% of U.S. teens chew gum 3.5 times per week.
The statistic ‘15% of U.S. teens chew gum 3.5 times per week’ indicates that approximately 15% of teenagers in the United States chew gum with a frequency of 3.5 times per week on average. This means that out of every 100 U.S. teens, about 15 of them engage in gum chewing at a rate of 3.5 times per week. This statistic provides insight into the gum-chewing habits of teenagers in the country, highlighting a specific frequency that is relatively common among this demographic. By quantifying both the percentage of teens who chew gum and the frequency at which they do so, this statistic offers a snapshot of a specific behavior within the U.S. teenage population.
As of 2020, the U.S. per capita consumption of chewing gum amounted to approximated 142 sticks.
The statistic indicates that in the year 2020, the average amount of chewing gum consumed by each individual in the United States was approximately 142 sticks. This figure represents the average amount of gum consumed on a per capita basis, meaning it is calculated by dividing the total amount of chewing gum consumed in the country by the total population. The statistic provides insight into the prevalence and popularity of chewing gum as a consumable product in the United States, indicating that, on average, each person consumed around 142 sticks of gum over the course of the year 2020.
In 2019, about 9.5 million people in Great Britain chewed one to two pieces of gum per week.
The statistic “In 2019, about 9.5 million people in Great Britain chewed one to two pieces of gum per week” provides insight into the gum-chewing habits of people in Great Britain during that year. With nearly 9.5 million individuals falling into this category, it suggests that chewing gum is a common behavior among a significant portion of the population. The statistic also indicates a moderate frequency of gum consumption, with people typically chewing one to two pieces per week. This information may be useful for gum manufacturers, retailers, and health professionals in understanding consumer preferences and behaviors related to gum consumption in Great Britain during 2019.
In 2020, Extra was the leading sugarless chewing gum brand in the U.S., with sales of about 678 million U.S. dollars.
The statistic suggests that in 2020, the brand Extra dominated the sugarless chewing gum market in the United States, generating approximately 678 million U.S. dollars in sales. This indicates that Extra was the top choice for consumers seeking sugar-free gum during that year. The high sales figures point to the brand’s popularity and strong market presence, potentially due to factors such as its taste, marketing efforts, pricing strategy, and consumer preferences for sugarless chewing gum. Overall, these sales figures position Extra as a key player in the U.S. sugarless gum market, reflecting its success and competitive advantage over other brands in the industry.
The majority of gum consumers are younger with Millennials accounting for 30.8% and Gen Z for 24.2% of total consumption as of 2018.
This statistic indicates that a larger portion of gum consumers are younger individuals, with Millennials accounting for 30.8% and Generation Z for 24.2% of total consumption as of 2018. This suggests that gum consumption is more popular among the younger generations, likely due to factors such as taste preference, marketing strategies targeting younger demographics, or cultural trends. The data also indicates that Millennials form the largest group of gum consumers, followed closely by Generation Z, highlighting the importance of understanding and catering to the preferences of these age groups in the gum industry.
Functional gums such as caffeinated and nicotine gums are set to grow 4.7% CAGR across the globe from 2020 to 2027.
The statistic indicates that functional gums, specifically caffeinated and nicotine gums, are projected to experience a Compound Annual Growth Rate (CAGR) of 4.7% worldwide from 2020 to 2027. This growth rate suggests that there is a growing demand for these types of functional gums in the global market over the specified period. The CAGR provides a standardized measure to understand the annual growth rate of a product or industry, enabling investors, businesses, and stakeholders to assess the potential growth and profitability of investing in functional gums. The increasing popularity of functional gums could be driven by factors such as changing consumer preferences, increased awareness about the benefits these gums offer, and the innovation and development of new products in the market.
Mexico leads the world in gum consumption, with the average Mexican consumer chews 6.5 pounds of gum each year.
The statistic indicates that Mexico has the highest per capita gum consumption in the world, with the average Mexican consumer chewing 6.5 pounds of gum annually. This figure suggests that gum is a popular product in Mexico, with individuals consuming a significant amount of it on a yearly basis. High gum consumption may reflect cultural norms, lifestyle habits, or marketing strategies within the country. Additionally, the statistic could be used by gum manufacturers to target the Mexican market or to understand consumer behavior in the country. Overall, this data provides insight into the unique consumer preferences and habits related to gum consumption in Mexico compared to other countries around the world.
More than 90% of chewing gum contains plastic.
The statistic “More than 90% of chewing gum contains plastic” indicates that a significant majority of chewing gum products on the market today contain some form of plastic polymers as an ingredient. This finding is concerning due to the potential negative impact on the environment and human health. Plastic pollution is a global issue that poses serious threats to ecosystems and wildlife, as well as potential risks to human health through plastic ingestion. Consumers should be aware of the ingredients in the products they use and consider sustainable alternatives to minimize their environmental footprint and potential health risks associated with plastic consumption.
The anti-smoking campaign in the UK has boosted nicotine-based chewing gum sales to account for 50% of the local market.
The statistic indicates that the anti-smoking campaign in the UK has had a significant impact on nicotine-based chewing gum sales, resulting in it capturing half of the local market share. This suggests that a substantial portion of smokers in the UK have potentially turned to nicotine-based chewing gum as a smoking cessation aid due to the anti-smoking campaign. The increase in the market share of nicotine-based chewing gum could be seen as a positive outcome of the campaign, as it reflects a shift towards healthier alternatives to smoking. Furthermore, the statistic highlights the effectiveness of the anti-smoking campaign in influencing consumer behavior and promoting smoking cessation practices in the UK population.
Conclusion
Understanding the statistics surrounding the chewing gum industry provides valuable insights into consumer preferences, market trends, and the overall health of the industry. By analyzing factors such as sales figures, market share, and consumer demographics, businesses can make informed decisions to drive growth and stay competitive in this ever-evolving market.
References
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6. – https://www.www.bbc.co.uk
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