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Australia Gum Market 2024
The latest estimates indicate that the Australia gum market is expected to experience modest growth, with an incremental increase of USD 53.1 million. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 4.9% during the forecast period from 2024 to 2029. Australia’s gum market is driven by health-conscious consum…
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Food
Vietnam Gum Market 2024
The Vietnam gum sector is poised for a dynamic growth phase, anticipating an increase of USD 58.5 million and a compound annual growth rate (CAGR) of approximately 6.9% from 2024 to 2029. Vietnam’s gum market is experiencing growth, driven by an expanding urban population and rising disposable incomes, particularly among young consumers. The demand for co…
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Food
Uzbekistan Gum Market 2024
The market for gum is set for moderate growth, with projections indicating an increase of USD 14.1 million and a compound annual growth rate (CAGR) nearing 9.9% over the forecast period. Uzbekistan’s gum market is propelled by a growing urban population and the increasing adoption of Western consumption patterns. Rising disposable incomes are driving demand…
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Food
Thailand Gum Market 2024
A modest growth trajectory is forecasted for the Thailand gum market, with an expected increase of USD 1.8 million and a compound annual growth rate (CAGR) of roughly 0.4% from 2024 through 2029. Thailand’s gum market is supported by a young, urban demographic and increasing health awareness among consumers. Demand for sugar-free and oral hygien…
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Food
Taiwan Gum Market 2024
The Taiwan gum market is expected to see a slight increase of USD 23.5 million, translating to a compound annual growth rate (CAGR) of about 3% from 2024 to 2029. Taiwan’s gum market is driven by a health-conscious and urbanized population seeking sugar-free and functional gum varieties. Rising disposable incomes and evolving consumer preferences for pr…
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Food
South Korea Gum Market 2024
The South Korea gum market is expected to face a reduction of USD 4.0 million by 2029, reflecting a compound annual growth rate (CAGR) of -0.5%. South Korea’s gum market is anticipated to contract as evolving consumer behaviors and health trends reshape the industry. A key factor is the declining interest in gum among younge…
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Food
Philippines Gum Market 2024
Insights reveal that the Philippines gum market is set for a healthy expansion, with an anticipated growth of USD 12.6 million, corresponding to a compound annual growth rate (CAGR) of nearly 6.9% from 2024 to 2029. The gum market in the Philippines is shaped by a youthful demographic and increasing disposable incomes, driving demand for li…
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Food
Pakistan Gum Market 2024
The Pakistan gum market is expected to experience robust growth, with a projected increase of USD 37.3 million and a compound annual growth rate (CAGR) of approximately 7.7% throughout the forecast period. Pakistan’s gum market is driven by a large, youthful population and the growing affordability of gum products. Rising health awareness is fostering demand…
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Food
Malaysia Gum Market 2024
The outlook for the Malaysia gum market indicates a modest growth of USD 3.1 million, with an expected compound annual growth rate (CAGR) of approximately 2.5% over the next five years. Malaysia’s gum market is supported by a young, dynamic consumer base and rising disposable incomes. Increasing awareness of oral hygiene is propelling demand for su…
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Food
Kazakhstan Gum Market 2024
Anticipated trends indicate that the Kazakhstan gum market will achieve incremental growth of USD 20.1 million, translating to a compound annual growth rate (CAGR) of around 6.6% during the forecast period of 2024 to 2029. Kazakhstan’s gum market is fueled by urbanization and the growing influence of Western lifestyles, leading to increased consumption of lifest…
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Food
Japan Gum Market 2024
The market for gum is anticipated to decline by USD 7.6 million by 2029, showcasing a compound annual growth rate (CAGR) of -0.3%. Japan’s gum market is projected to experience a decline in the coming years, primarily due to shifting consumer preferences and demographic changes. An aging population, combined with declining birth rates, is leadin…
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Food
Indonesia Gum Market 2024
Projected growth in the Indonesia gum market includes an incremental increase of USD 14.9 million, with a compound annual growth rate (CAGR) of nearly 3.7% through 2029. Indonesia’s gum market is driven by a youthful and growing urban population with rising disposable incomes. Increasing consumer interest in oral hygiene and health-oriented products is boosting demand…