Market Research Logo

Global Mints Market - Segmented by Product Type, Distribution Channel and Geography - Growth, Trends, and Forecast (2018 - 2023)

Global Mints Market - Segmented by Product Type, Distribution Channel and Geography - Growth, Trends, and Forecast (2018 - 2023)

The global mints market is expected to reach USD 7.76 billion by 2023 registering a healthy CAGR during the forecast period. The global mints sale recorded a decline in the past five years. About 397million Kg of mints consumed in 2016, which is growing at a stable growth.

Rising sugar-free chewing gum sale possess a healthy competition to mint market in the recent year with the introduction of hybrid products composed of mint and gum. Consumer preference for mint remains high as compared to chewing gum due to its oral benefit and low sugar content. Innovation in products with various flavors drives the mint consumption pattern. Impulse purchase, convenient pack, innovation in products has fueled the mints market growth.

Clean Label Ingredient Boost Sales

Poor gum performance in developed countries such as US and UK in the past few years gave space for mint products to grow. Ingredient list, such as bulk sweetener, aspartame, acesulfame K, and emulsifiers on gum label, which contains very few natural ingredients. Consumer preference for simple ingredients on product label has fueled the mint market growth. Power mints like Altoids and Ice Breakers not necessarily contain natural components but have fewer ingredients.

Convenient and attractive packaging such as flip-flop pack, sliding door type packaging led to rising in mint demand. Sugar-free gums, such as Hershey Ice Cube gum, Doublemint, and Wrigley Mints have performed quite well in the market. Increasing demand for single pack size and product innovation in the unique format is potential mints market opportunity to drive the sale. As mints consumption pattern primarily driven by impulse purchasing which offer an opportunity for product packaging.

North America Changing Taste to Mint

Chewing gum consumption pattern has changed significantly in the US with the tooth decay problem and artificial ingredients in gum. Despite the increased sugar-free gum market, gum infused with vitamins, the gum sale growing at negligible growth rate. Mint demand in the region rose by double-digit growth rate over the past five years. Powered mint sale, such as Altoids that contains intensely flavored breath-freshening mints recorded strong growth rate than standard mint products, such as Ice Breakers and Mentos in the region. Incorporation of naturally flavored ingredients in mint is the future mints market opportunity. Asia-Pacific is another potential region to tap for companies. For instance, the mint market size in India is only 3% of the total confectionery market. Large headspace to grow coupled with growing consumption is attracting companies to invest.

Key Developments

  • April 2018 - The Hershey Co. introduced a first-of-its-kind glitter gum under its Ice Breakers brand. The product is available in cherry snow cone flavor with added glittery flair to push their swagger over-the-top. Ice breaker is one of the innovative product with a combination of mint and gum


  • The global mints market is competitive with large number of multinational player competing for market share. New product innovation with attractive packaging is the main strategy adopted by players.Major players include - NESTLÉ S.A, MONDELĒZ INTERNATIONAL, INC., PERFETTI VAN MELLE, amongst others.

    Reasons to Purchase this Report
  • Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Market value (USD Million) and volume (Kg Million) data for each segment and sub segment
  • Distribution Channel sales Analysis by Value
  • Competitive landscape involving the market share of major players along with the new product launch and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3 months analyst support, along with the Market Estimate sheet in excel
  • Customization of the Report
  • This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs

  • 1. Introduction
    1.1 Key Deliverables of the Study
    1.2 Study Assumptions
    1.3 Scope of the Market
    2. Research Approach and Methodology
    2.1 Introduction
    2.2 Research Design
    2.3 Study Timelines
    2.4 Study Phases
    2.4.1 Secondary Research
    2.4.2 Discussion Guide
    2.4.3 Market Engineering and Econometric Modelling
    2.4.4 Expert Validation
    3. Market Overview
    3.1 Market Trends
    3.2 Market Dynamics
    3.2.1 Drivers
    3.2.1.1 Increased Demand of Low-Fat, High-Protein Dairy Products
    3.2.1.2 Consumer Preference for Traditional Dairy Products
    3.2.2 Restraints
    3.2.2.1 Increased Yogurt Sale
    3.2.2.2 Low Consumer Awareness
    3.2.3 Opportunities
    3.2.3.1 Growing Demand for Healthier Dairy Products
    3.2.4 Porter's Five Forces Analysis
    3.2.4.1 Bargaining Power of Suppliers
    3.2.4.2 Bargaining Power of Buyers
    3.2.4.3 Threat of New Entrants
    3.2.4.4 Threat of Substitute Products and Services
    3.2.4.5 Degree of Competition
    4. Market Segmentation
    4.1 By Distribution Channel
    4.1.1 Warehouse Clubs
    4.1.2 Convenience Stores
    4.1.3 Specialist Retailers
    4.1.4 Supermarkets and Hypermarkets
    4.1.5 Variety Stores
    4.1.6 Others
    4.2 By Geography
    4.2.1 North America
    4.2.1.1 United States
    4.2.1.2 Canada
    4.2.1.3 Mexico
    4.2.2 Europe
    4.2.2.1 Western Europe
    4.2.2.1.1 Germany
    4.2.2.1.2 United Kingdom
    4.2.2.1.3 France
    4.2.2.1.4 Italy
    4.2.2.1.5 Norway
    4.2.2.1.6 Sweden
    4.2.2.1.7 Rest of Western Europe
    4.2.2.2 Central and Eastern Europe
    4.2.2.2.1 Russia
    4.2.2.2.2 Ukraine
    4.2.2.2.3 Hungary
    4.2.2.2.4 The Czech Republic
    4.2.2.2.5 Rest of Central Europe
    4.2.3 Rest of the World
    5. Competitive Landscape
    5.1 Market Share Analysis
    5.2 Strategy Adopted by Key Players
    5.3 Most Active Companies in the Past Five Years
    6. List of Company Profiles
    6.1 Overview
    6.2 Products & Services
    6.3 Financials
    6.4 Key Developments
    6.5 Strategies Adopted
    6.6 SWOT Analysis of Major Five Players
    7. Companies Covered
    7.1 Nestlé SA
    7.2 Glenisk Limited
    7.3 General Mills Inc.(Petits Filous)
    7.4 Spin Master PAW Productions Inc.
    7.5 Land O'Lakes, Inc. (Vermont Creamery)
    7.6 The Lactalis Group
    7.7 Arla Foods
    7.8 Lake District Dairy Co.
    7.9 Müller Group
    7.10 Landliebe
    8. Appendix
    8.1 Disclaimer
    8.2 Sources
    LIST OF TABLES
    1: Quark and Fromage Frais Market: Revenue in USD million, by Region, Global, 2015-2023
    2: Quark and Fromage Frais Market: Revenue in USD million, by Distribution Channel, Global, 2015-2023
    3: Quark and Fromage Frais Market: Revenue in USD million, by Country, North America, 2015-2023
    4: Quark and Fromage Frais Market: Revenue in USD million, by Distribution Channel, North America, 2015-2023
    5: Quark and Fromage Frais Market: Revenue in USD million, by Country, Europe, 2015-2023
    6: Quark and Fromage Frais Market: Revenue in USD million, by Distribution Channel, Europe, 2015-2023
    7: Quark and Fromage Frais Market: Revenue in USD million, by Country, Rest of World, 2015-2023
    8: Quark and Fromage Frais Market: Revenue in USD million, by Distribution Channel, Rest of World, 2015-2023
    9: Quark and Fromage Frais Market: Volume in million Kg, by Region, Global, 2015-2023
    10: Quark and Fromage Frais Market: Volume in million Kg, by Country, North America, 2015-2023
    11: Quark and Fromage Frais Market: Volume in million Kg, by Country, Europe, 2015-2023
    12: Quark and Fromage Frais Market: Volume in million Kg, by Country, Rest of World, 2015-2023

    Download our eBook: How to Succeed Using Market Research

    Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

    Download eBook

    Share this report