Chewing Gum Machine Market

Chewing Gum Machine Market Outlook (2023 to 2033)

According to Future Market Insights research, during the projected forecast period, the Chewing Gum Machine market is anticipated to grow at a CAGR of 5.5%. The market value is expected to increase from USD 966.0 Million in 2023 to USD 1,650.1 Million by 2033.

A chewing gum machine is a type of vending machine that sells chewing gum. Chewing gum machines are usually found in public places, such as supermarkets, shopping malls, and airports. The first chewing gum machine was invented in 1892 by William Wrigley Jr. The machine was designed to dispense Wrigley's chewing gum. Today, there are several unique brands and flavors of chewing gum available from vending machines.

Chewing gum is a popular confectionary item, and it can be enjoyed by people of all ages. Chewing gum is believed to have health benefits, such as reducing stress levels and promoting oral health. As per the American Dental Association, chewing gums are considered to prevent cavities in the teeth.

As they are free from cholesterol and saturated fats, it is considered to be the most preferred confectionary food product, especially among the younger generation. Also, chewing gum helps in burning calories and thinning the jawline, consumption is expected to surge across the globe. This is expected to boost the sales of chewing gum machines.

Hence, key players are introducing chewing gums in a wide variety of flavors such as peppermint, watermelon, strawberry, and others. However, chewing gums can result in teeth cavities as well as sugar problems, especially in children. Due to excessive consumption of chewing gum, especially bubble gum, the prevalence of Type-1 Diabetes has surged among children aged 15 and below.

Hence, key players are now introducing sugar-free mints and chewing gums to keep up their popularity in Generation Alpha. They are also introducing a unique blend of flavors and combinations in chewing gums such as watermelon and guava to cater to the growing demand. This is expected to boost the demand in the market.

Attributes	Key Insights
Chewing Gum Machine Market Estimated Size 2023	USD 966.0 Million
Projected Market Value in 2033	USD 1,650.1 Million
Growth Rate (2023 to 2033)	5.5% CAGR
Top 3 Countries Market Share	35.6%

Historical Outlook vs. Future Projections for Global Chewing Gum Machine Market

Historically, the chewing gum machine market witnessed steady growth at a CAGR of 4.5% (2018 to 2022). The rising demand for sugar-free and chewing gum with natural ingredients is driving the growth in the market. Further, rising consumption of on-the-go food products such as snacks, chips, gums, and candies, will aid the demand for chewing gum vending machines.

In addition, the easy availability of these machines and the growing number of outlets, especially in the USA, UK, Japan, Korea, and India are aiding the growth. However, the high initial cost associated with these machines is hindering their adoption among small and medium enterprises (SMEs). As per FMI, the sales of chewing gum machines are expected to increase from USD 966.0 Million in 2023 to USD 1,650.1 Million in 2033. Demand in the market is predicted to register growth at a CAGR of 5.5% during the forecast period (2022 to 2032)

Country Wise Insights

How is North America Chewing Gum Machine Market Shaping?

Nearly 2/5th of Chewing Gum Machine Revenues Come from North America, with the USA Accounting for Nearly 70%

The North American chewing gum machine market is currently in a state of flux, with a number of new players entering the market and existing players jockeying for position. This has resulted in a wide range of prices and offerings, making it difficult for consumers to know where to turn.

North America occupies 38% of the total market share for chewing gum machines and has a value of USD 367.1 Million. As per FMI, the USA contributes 68% of total North American revenue for the chewing gum machine market.

Will Europe Emerge as the Most Lucrative Region for Chewing Gum Machine Manufacturers?

UK to be the Hotbed for Chewing Gum Machine Companies, Garnering Over 1/4th Revenue in its Pocket

The growing demand for chewing gum and other confectionery products is one of the key drivers in Europe's Chewing Gum Machine market. Rising health consciousness among consumers has resulted in increased demand for sugar-free gums, pushing the demand for chewing gum machines.

Further, Europe is considered to have the maximum number of hotels and motels on the roadside. As Italy and Paris are considered to be desert spots for tourists, an increasing number of confectionary and dessert shops are improving the adoption of these machines.

In addition to this, the UK has the largest number of ivy-league universities and state universities which keeps vending machines in dorm rooms for the students. Owing to these factors, the demand for chewing gum machines is predicted to surge over the upcoming decade. FMI estimates, Europe contributed nearly 32% of sales, topping a valuation of USD 309.1 Million.

Category Wise Insights

Which is the Leading End Use of Chewing Gum Machines?

Foodservice Establishments to be the Main Source of Revenue for Chewing Gum Machines

Chewing gum machines are one of the most popular vending machines available. They are often found in public places such as malls, airports, and office buildings. There are many different types of chewing gum machines, and each offers a different selection of gum flavors.

A chewing gum machine can be a great addition to any office, store, or other public places. There are many advantages to having a gum machine, including the following:

• They can help keep people from littering.
• They can provide a small amount of income from the sale of gum.
• They can help promote healthy teeth by encouraging people to chew gum after eating.
• They can be used as a marketing tool to promote a business or brand.
• They are relatively low maintenance and easy to operate.

Competitive Landscape

The chewing gum machine market is highly competitive with numerous players vying for market share. Leading players profiled in the market are Wrigley, Cadbury, Hershey, and Mars. These companies have strong brand equity and a wide range of products. They also have extensive distribution networks and efficient marketing strategies.

Chewing Gum Machine Market Report Scope

Attribute	Details
Market Estimated Size 2023	USD 966.0 Million
Projected Market Value in 2033	USD 1,650.1 Million
Growth Rate (2023 to 2033)	5.5% CAGR
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	USD Million for Value and Units for Volume
Key Regions Covered	North America; Latin America; Europe; Asia Pacific; Middle East and Africa(MEA); RoW
Key Countries Covered	USA, Germany, UK, France, Spain, Italy, Brazil, Argentina, China, India, Japan, United Arab Emirates(UAE), Australia, New Zealand
Key Segments Covered	Type, End-use, Sales Channel, Geography
Key Companies Profiled	Wrigley; Cadbury; Hershey; Mars; Perfetti Van Melle; Tootsie Roll Industries; ITWAL Limited; Nestle;
Report Coverage	DROT Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives

Segmentation of Chewing Gum Machine Market

Segmentation by Type:

• Tabletop Machines
• Floor Standing Machines

Segmentation by End-use:

• Foodservice Establishments
• Office Buildings
• Retail Stores

Segmentation by Sales Channel:

• Online
• Offline

Segmentation by Geography:

• North America
• Latin America
• Europe
• Asia Pacific
• MEA
• RoW

Frequently Asked Questions

How Big is the Chewing Gum Machine market?

The market is valued at USD 966.0 million in 2023.

Who are the key Chewing Gum Machine Players?

Wrigley, Cadbury and Hershey are key market players.

What is the growth forecast for Chewing Gum Machine Market?

The market is forecast to register a CAGR of 5.5% through 2033.

What is North America's expected share in 2023?

North America is likely to generate 38% revenue in 2023.

Which is the top trend in the Chewing Gum Machine Market?

Virtual reality integration is encouraging stabilometric platforms adoption.