Chewing gum industry
Two multi-national companies, Wrigley Jr. Company|Wrigley] and Cadbury, together account for some 60% market share of the worldwide chewing gum market. The global market shares for the top five chewing gum companies are estimated to be:
- 35% Wrigley Company
- 26% Cadbury Trebor Bassett
- 14% Lotte
- 6% Perfetti Van Melle
- 2% Hershey's
The worldwide chewing gum industry in 2012 is estimated to be worth $26 billion in sales, and has grown by more than 14% in the last three years.
Chewing gum accounts for 85% of global sales, and bubble gum the other 15%.
History
- 1848: John B. Curtis developed "State of Maine Pure Spruce Gum"
- 1869:
- 1872:
- 1875:
- 1880:
- 1881:
- 1891: Wrigley Company was established
- 1895:
- 1899:
- 1899:
- 189?:
- 1906:
- 1909:
- 1915 Stimorol was established by Dandy
- 1916:
- 1916:
- 1916: The Hershey Company enters the chewing gum business
- 1918: NACGM established
- 1919: Ford Gum & Machine established by Ford Mason
- 1921:
- 1921: Leaf Confectionery established
- 1926: Richardson Brands established
- 1928: Donruss established
- 1928:
- 1937:
- 1938: Topps established
- 1946:
- 1948:
- 1948:
- 1948: Maple Leaf established
- 1949:
- 1953: Topps establishes the Bazooka bubble gum brand
- 196?:
- 1962:
- 1964:
- 1965: Damel established
- 1971: Proaroma established
- 1974:
- 1975: Life Savers established Bubble Yum
- 1977: Bubblicious established
- 1979: Hubba Bubba established by Wrigley
- 1979: Bubble Yum launches a sugarless version
- 1980: Big League Chew launched by Wrigley
- 1983: Huhtamäki creates the Leaf Group gum & candy business through the US acquisitions of Leaf Confectionery, D. L. Clark Company, Richardson Brands and the Donruss division of General Mills
- 1985: Huhtamäki acquires Ford Gum & Machine
- 1988: Bubble Tape created by Amurol subsidiary of Wrigley
- 1989: EACGI established
- 1992: Fleer acquired by Marvel Entertainment
- 1993: Cadbury buys its first chewing gum business with the acquisition of Stani
- 1995: Fleer shuts down its Philadelphia plant and moves its corporate office to suburban Mount Laurel, New Jersey
- 1996: Topps closes its bubble gum factories in Duryea, Pennsylvania and Innishmore and out-sources its Bazooka bubble gum production to Hersheys
- 1996: The Hershey Company acquires Leaf's gum brands: Rain-Blo and Super Bubble
- 1997: Huhtamäki acquires the gum business of the Wuxi Leaf joint-venture in China
- 1998: Huhtamäki divests the Leaf gum business to Damel
- 1998: Concord Confections buys Dubble Bubble from Marvel Entertainment and moves operations to suburban Toronto
- 1999: Zed Gum is established
- 1999: CSM buys the Leaf Europe candy and gum business from Huhtamäki for €390 million
- 2000: Cadbury buys Kraft's "Hollywood" chewing gum business in France for €185 million
- 2000: The Hershey Company buys Fruit Stripe and Bubble Yum gum brands and mints from Nabisco
- 2000: Cadbury buys the small Wuxi Leaf gum business in China from Huhtamäki for only €3 million
- 2000: Concord Confections partners with Wal-Mart and Children's Miracle Network to conduct a national bubble-blowing contest across America for children 12 and under
- 2001: Perfetti merges with Van Melle
- 2002: Cadbury buys a 51% stake in the gum and candy business of Kent Gida for €110 million
- 2002: Zed Gum acquires Leaf from CSM and changes name to Zed Candy
- 2002: Cadbury buys Dandy's gum brands, mainly in Scandinavia & Russia for €310 million
- 2003: The Hershey Company sells Fruit Stripe, Rain-Blo and Super Bubble gum brands to Farley & [Sathers Candy Co.]
- 2003: Concord Confections acquires Philadelphia Chewing Gum and moves production to suburban Toronto
- 2003: Cadbury buys the global gum business of the Adams gum division from Pfizer for $4.2 billion
- 2004: Wrigley Company buys the Joyco gum and candy and Cafosa Gum Base business from Agrolimen for $272 million
- 2004: Tootsie Roll Industries acquires Concord Confections for $197 million
- 2005: ICGA established by the merger of the NACGM and EACGI
- 2006: Cadbury invests €148 million to expand gum capacity in Poland and Mexico
- 2006: Cadbury buys the other 49% of Kent Gida for €80 million
- 2006: Perfetti Van Melle buys candy and gum company Chupa Chups for an estimated €400 million
- 2006: ZOFT Gum Company established
- 2008:
- 2009: Vitamin Gum | Vitaball, Inc.
- 2009: Chicza Organic chewing gum launched in the UK and others countries of EU
- 2010: PUR Gum established
- 2011: Ello Gum established
- 2017: First Energy Holding B.V. established
- 2019: QUICK ENERGY Co.Ltd. established