Brazil Gum Confectionary Market Overview, 2029

Brazil's enormous population, rapid urbanization, and rising disposable income have made it one of Latin America's biggest markets for gum candy. A wide variety of goods and flavors that satisfy different consumer preferences have contributed to the market's consistent expansion. Brazilian gum drinkers love a broad range of flavors, including fruity and minty classics as well as unique and unusual varieties. The market is still dominated by traditional sugared gums because consumers like their sweetness and range of flavors. The distribution landscape has also been altered by the rise of online shopping platforms, which give customers easy access to gum products and enable businesses to reach a wider audience outside of traditional retail channels. Brazilian customs and cultural preferences have an impact on customer behaviour and product selection in the gum candy industry. Constant product innovation aids producers and brands in attracting consumers and preserving their competitiveness in the market. Examples of this include new tastes, packaging concepts, and marketing tactics. According to the research report "Brazil Gum Confectionary Market Overview, 2029," published by Bonafide Research, the Brazil Gum Confectionary market is expected to reach a market size of more than USD 1 Billion by 2029. Brazilian consumers are clearly moving toward healthier lives. Demand for functional gum products without added sugar that provide advantages like dental care and fresh breath is being driven by this trend. Growing flavors, textures, and packaging innovations are major factors propelling the Brazilian gum candy market's expansion. New and unique flavors are being introduced by manufacturers to accommodate a wide range of consumer preferences. Convenient snack options are becoming more and more in demand as Brazil becomes more urbanized. The distribution of gum candy items in Brazil has undergone a revolution because to the emergence of e-commerce platforms. For the convenience of shopping and access to a wider selection of products, consumers are increasingly using online channels. Brazil's expanding middle class and rising disposable incomes encourage consumer expenditure on luxuries like confectionary products, even in the face of economic volatility. For market players, compliance with local laws governing food safety, labelling, and advertising is still essential. In addition to facilitating market entry and expansion initiatives, compliance assures consumer trust.

Health trends and customer preferences influence the dominant product type category in the Brazilian gum confectionery industry. The range of tastes and sweetness found in sugared gums appeal to a lot of consumers. Meanwhile it appeals to customers who like conventional confectionery items, sugared gum usually retains a substantial market share. Options with less sugar are actively sought after by consumers who are growing more health conscious. Health-conscious consumers are drawn to sugar-free gum because it frequently provides extra advantages like dental care (lowered risk of cavities) and fresh breath. Due to its long-standing appeal and accessibility, sugared gum has historically been consumed in greater quantities; but, due to shifts in public health consciousness, sugar-free gum is gradually gaining advantage. Changes in consumer preferences in Brazil are influenced by worldwide health trends that encourage consuming less sugar and leading better lives, such as the move towards sugar-free products. In the Brazilian gum candy market, sticks and tabs are usually the most popular category. These formats are well-liked by customers of all ages due to their familiar packaging, ease of handling, and convenience. The Brazilian market is seeing a rise in the popularity of pillows and pellets. Because they are portable and convenient, these smaller, frequently round-shaped gums that come in pouches or containers are well-liked by consumers who frequently use gum while on the go. The Brazilian gum candy business still has a place for liquid-filled gum. Customers looking for a mouthwatering sensory experience with a liquid centre flavour explosion will find it appealing. Due to their established presence and customer familiarity, sticks and tabs have historically been the most consumed products; but, because of their innovative packaging and ease of use, pellets and pillows are becoming more and more popular. In Brazil, the gum candy market is dominated by supermarkets and hypermarkets. They are commonplace in suburban and metropolitan areas where people regularly do grocery shopping, which makes them ideal places to buy gum products. In Brazil, gum candy items are mostly distributed through convenience stores. They are perfect for purchases made while on the go because of their extended operation hours and convenient locations. In Brazil, e-commerce is starting to gain popularity as a means of distributing gum and candy goods. E-commerce platforms give firms the chance to connect with customers in both urban and rural areas by providing them with individualized shopping experiences, competitive price, and convenience. Because of their size, accessibility, and variety, supermarkets and hypermarkets have the highest overall sales volume, whereas convenience stores are better at attracting impulsive buys and last-minute needs for consuming.

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Manmayi Raval

Research Consultant

Considered in this report • Historical Year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects Covered in the report: • Gum Confectionary Market Size By Value for the time period (2018-2029F) • Market Share by Product Type (Sugared and Sugar - Free) By Value • Market Share by Form (Sticks or tabs, pellets or pillows, liquid filled gums) By Value • Market Share by Sales Channel (Supermarket/Hypermarket, Convenience Stores, E-commerce & Others) By Value By Product Type • Sugared • Sugar - free

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By Form • Sticks or tabs • Pellets or Pillows • liquid filled gums By Distribution Channel • Supermarkets & Hypermarkets • Convenience Stores • Online • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to sugar confectionery industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.