Top Chewing Gum Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Chewing Gum Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Chewing Gum industry players.

Chewing Gum Market Competitive Landscape

Chewing gum is a competitive global industry, and top players utilize a range of strategies to strengthen and defend their market positions. Mars, Mondelez, and Perfetti Van Melle are firms that invest money in product development focused on new flavors and functional ingredients to update a changing customer taste. Companies can expand their global reach through the repeating presence of mergers and acquisitions in a partnership. It is also important to recognize and use company resources to invest in online marketing procedures, and companies should also invest in the areas of greening and technology to connect to internet technologies and eco-friendly consumers.

  • True Gum (2017): Copenhagen's True Gum is a food tech company that is transforming the chewing gum market with plastic-free, plant-based alternatives. As part of Europe's shift toward sustainable consumerism, True Gum is using natural chicle, rather than synthetic polymers. True Gum launched its first gum in 2018 after 471 prototypes. In 2020, Oyster Bay invested Euro 1 million in funding so it can scale sustainably across Europe.
  • Gud Gum (2022): Manufactured from stevia, fruit pulp, and the sap of chicory trees, a Bangalore-based company Gud Gum, pioneered India's first plastic-free, biodegradable chewing gum. The brand's vision is to advocate for both dental and environmental health by removing microplastic pollution associated with traditional gums. Since its release, Gud Gum has sold more than 500,000 units and has eliminated nearly 700 tons of plastic waste. The visibility afforded by Shark Tank India significantly increased brand momentum and demand.

Top Player’s Company Profiles

  • Mars Wrigley (USA) 
  • Mondelez International (USA) 
  • Perfetti Van Melle (Italy) 
  • Lotte Corporation (South Korea) 
  • The Hershey Company (USA) 
  • Cloetta (Sweden) 
  • Grupo Arcor S.A. (Argentina) 
  • Gumlink (Denmark) 
  • Continental Confectionery Company (CCC) (Turkey) 
  • Ferrara Candy Company (USA) 
  • Ford Gum & Machine (USA) 
  • Fimcobase (Egypt) 
  • Cafosa (Spain) 
  • Zoft (USA) 
  • GelStat Corporation (USA) 
  • Arcor Group (Argentina) 
  • Bazooka Candy Brands (USA) 
  • Yildiz Holding (Turkey) 
  • Milliways (UK)

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Global Chewing Gum Market size was valued at USD 27.84 Billion in 2023 and is poised to grow from USD 28.69 Billion in 2024 to USD 36.46 Billion by 2032, growing at a CAGR of 3.04% in the forecast period (2025-2032).

Chewing gum is a competitive global industry, and top players utilize a range of strategies to strengthen and defend their market positions. Mars, Mondelez, and Perfetti Van Melle are firms that invest money in product development focused on new flavors and functional ingredients to update a changing customer taste. Companies can expand their global reach through the repeating presence of mergers and acquisitions in a partnership. It is also important to recognize and use company resources to invest in online marketing procedures, and companies should also invest in the areas of greening and technology to connect to internet technologies and eco-friendly consumers. 'Extra', 'Milliways', 'Perfetti Van Melle Group B.V.', 'Lotte Wellfood Co., Ltd.', 'The Hershey Company', 'Grupo Arcor S.A.', 'Cloetta AB', 'Ferrero International S.A.', 'Nestlé S.A.', 'Meiji Co., Ltd.', 'Reynolds American Inc. (BAT)', 'GlaxoSmithKline PLC', 'Johnson & Johnson', 'Cadbury Adams (Kraft Heinz Company)', 'Gumlink A/S'

Consumers are actively seeking healthier options, resulting in demand for both sugar-free and functional chewing gums. There is evidence that functional chewing gums become more popular with health-conscious consumers who are looking to relieve stress, manage weight or improve oral health as it generally contains a functional ingredient, nutritional ingredients such as vitamins, minerals, and botanicals, that support this wellness trend. Innovation and growth potential in the chewing gum space is being fueled by this wellness trend.

Functional Ingredients and Flavors Innovations: Manufacturers are now trying to expand their product line by launching special flavors and functional ingredients. Gums with caffeine, CBD, or probiotics get more popular by the day, offering benefits besides fresh breathiness. This trend appeals to consumers who seek multifunctional products that support their health and lifestyle goals.

How Are Sustainability and Oral Health Shaping North American Gum Trends?

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Global Chewing Gum Market
Chewing Gum Market

Report ID: SQMIG30I2488

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