The US Chewing Gum and Chewy Candy Industry
Outlook to 2018 – Driven by Sugar Free Gums Segment report provides
detailed overview on the chewing gum and chewy candy market in the US along
with its segments. The report covers various aspects such as market size of the
US Chewing Gum and Chewy Candy industry and segmentation on the basis flavors,
type of gum sold (sugary and sugar-free), type of candies sold and type of
flavor used in chewing Gums. The report also entails external trade of chewing
gums in the US.
The US chewing gum market has been going through a
hard time in the recent years at a CAGR of -3.5% throughout 2009-2013. The lack
of interest among teenagers and the rising sugar prices are two of the main
reasons responsible for the slump in sales. Chewing gum has also faced the
decreasing social acceptability leading to reduced consumption in the US. From
new product launches to new flavors and innovative packaging, the chewing gum
industry has pulled out all the stops for stabilizing the falling sales. The
market lost by chewing gums was quickly picked up by mints as they were
perceived by the US consumers as a healthy alternative to chewing gums.
The future of chewing gums in the US however does
not look as bleak as the industry is finally picking up the pieces and the sale
is getting back on track. The overall CAGR for the next 5 years is still
negative however it is still better than the CAGR for 2009-2013. The industry
is now focusing on Sugar-free gums segment. The top selling 5 gum in the US is
sugar free which exhibits the mood of the consumer as America shuns away sugar
and is moving towards everything healthy and nutritious. The functional chewing
gum is a new segment that is quickly picking up steam riding on the ever
increasing consumer’s need for bundled benefits of chewing gum. Functional
chewing gums are expected to perform multitude of functions from weight loss to
treating cold and cough while also performing the traditional functions of
chewing gums such as oral care and breathe freshening.
Chewy candies are growing in the US owing to their
recent popularity in the working class segment of the population as the concept
of on-the-go snacking takes hold of the people. The availability of sugar-free
chewy candies combined with a large number of flavors has made chewy candies
extremely popular among adults. Majority of chewy candy consumption comes from
adults and this trend led to the chewy candy manufacturers focusing their
advertising towards adults along with children. However, the rising sugar
prices have dampened the spirit of consumers as it has resulted in a subsequent
increase in price of chewy candies. Chewy candies, owing to the increased adult
consumption and a new found identity as working professionals snack item are
expected to grow at a CAGR of 7.2 % through the next 5 years during 2013-2018.
KEY TOPICS COVERED IN THE REPORT
- Market Size of Chewing Gum Industry in the US by Revenue and Unit sales
- Market Segmentation of Chewing Gum Industry in the US on the basis of Type of gum (Sugary and Sugar Free) and Type of flavors
- Market Size of Chewy Candy Industry in the US by Revenue
- Market Segmentation of Chewy Candy Industry in the US on the basis of Type of Chewy Candy (Licorice Candy and Regular Chewy Candy)
- Chewing Gum consumer’s Profile in the US
- Chewy Candy consumer’s Profile in the US
- Global Functional Chewing Gum Market
- Global Nicotine Gum Market
- Import and Export of Chewing Gums in the US by Value and Volume
- Competitive Landscape of Major Players in Chewing Gum and Chewy Candy Industry in the US.
- Brand Analysis of Major Players in Chewing Gum and Chewy Candy Industry in the US by Pricing in the US market
- Trends and developments in Chewing Gum and Chewy Candy Industry in the US
- Growth Drivers of the Market
- Issues and Challenges in Chewing Gum and Chewy Candy Industry in the US
- SWOT Analysis of Chewing Gum and Chewy Candy Industry in the US
- Mergers and Acquisitions in the Chewing Gum and Chewy Candy Industry in the US
- Future Outlook of the industry and projections of Chewing Gum and Chewy Candy Industry and their segments in the US
Spanning over 125 pages, 23 Tables and
52 Figures “The US Chewing Gum and Chewy Candy Industry Outlook to
2018 - Driven by Sugar Free Gums Segment” report covers The US Chewing Gum
Market Introduction, The US Chewing Gum Industry – Consumer Profile, Supply Chain
of the US Chewing Gum Industry, Market Size of the US Chewing Gum Industry,
Market Segmentation of the US Chewing Gum Industry, Import and Export of
Chewing Gums in the US, Trends and Developments in the US Chewing Gum Market,
Growth Drivers of the US Chewing Gum Market, Issues and Challenges Faced By the
US Chewing Gum Market, Recent Mergers and Acquisitions in the US Chewing Gum
Market, SWOT Analysis of the US Chewing Gum Industry, Market Share of Major
Players in the Chewing Gum Market in the US, Company Profiles of Major Players
in the Chewing Gum industry in the US, Future Outlook and Projections for
Chewing Gum Industry in the US, The US Chewy Candy Market, CY’2012-CY’2013, The
US Chewy Candy Industry – Consumer Profile, The US Chewy Candy Market Share,
SWOT Analysis of the US Chewy Candy Industry, Trends and Development in the US
Chewy Candy Industry, Future Outlook of Chewy Candy Market in the US, Macro
Economic Factors Affecting the US Chewing Gum and Chewy Candy Market, Analyst
Recommendation, Appendix. This report Covered These Companies - Wrigley, The
Hershey Company, Mondelez International, Ferrara Candy, Ford Gum and Machine,
Perfetti Van Melle, Haribo, Tootsie Roll Industries.
For
further information on this report, please visit- http://mrr.cm/4YX
Find all Food and Beverages Reports at: http://www.marketresearchreports.com/food-beverages
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