Chewing gum industry Two multi-national companies, 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: The remaining 17% of the global market is provided by an estimated 200 to 250 smaller gum companies, some of which are listed below. 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 the first commercially available chewing gum 1891: Wrigley Company was established 1909: L.A. Dreyfus was established 1915 Stimorol was established by Dandy 1916: The Hershey Company enters the chewing gum business 1918: NACGM established 1919: Ford Gum & Machine established by Ford Mason 1921: Leaf Confectionery established 1926: Richardson Brands established 1928: Donruss established 1928: Fleer established Dubble Bubble , world's first bubble gum 1938: Topps established 1948: Maple Leaf established 1953: Topps establishes the Bazooka bubble gum brand 1965: Damel established 1971: Proaroma established 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 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 2009: Vitamin Gum | Vitaball, Inc. 2009:Chicza Organic chewing gum launched in the UK and others countries of EU 2011: Ello Gum established 2017: First Energy Holding B.V. established
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