Chewing Gum Consultant

Professional Chewing gum industry meeting point

Daeyoung Foods – Korea 02/03/2015

Filed under: Market & Fairs,New product — Joan Mestres @ 5:35 PM
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This korean company (www.deayoungfoods.co.kr) might not be one of the big players in the country (Like Lotte, Haiti, Orion,…) but their product is outstanding.

They had a booth in ISM and I had the pleasure to talk to Mr Rhee. They produce other products than gum, but …  their chewing gum portfolio is really interesting!

Most of the products are xylitol based, aligned with what the market demands in that part of the world. But the company gives them a very nice final touch which differentiates them from the competition. See this photo that I took from the “Rainbow gum”. Isn’t it an appealing way to present the dragees? When I see this, the rest of sugarfree gums risk to look too boring.

 

rainbow gum korea

 

 

The range of gums is completed with other “not-so-common” types of gum: Tube gum, gum in cubes (I talked about this type of presentation in my previous post) and also functional gum, with three different products:

“No sleep Gum” containing guaraná

Vitamin Gum, with vitamins A, B, C, D and E

Polyphenol gum, with antioxidant properties

and Aloe Gum which contains, of course, Aloe Vera.

Daeyoung Foods also exports to a number of countries and has been growing in the last years.

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New products in China and Korea 20/11/2012

Filed under: New product — Joan Mestres @ 2:31 PM
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Wasabi KitKat (Nestlé) or Cheese Chocolate (Meiji-Japan) are only some of the amazing developments that we find in the Far East. You can see them following this link

http://www.confectionerynews.com/Formulation/Asian-innovation-Wasabi-Kit-Kats-and-cheese-chocolate © 2012 – William Reed Business Media SAS

 

But in our field of chewing gum two novelties are being described in the website above: A bubble gum launched by Lotte, in Korea and the appearance of “Stride”, by Mondelez in China.

Both can be considered oddities. The former because bubble gum is usually not the field where the innovation efforts focus, the later because the presence of Mondelez in the huge Chinese market is almost inexistent. Chinese market is (according to Euromonitor 2011) dominated by Wrigley (ca. 40% market share in value), followed at the distance by Orion, Lotte and Perfetti (all within the 3 to 5% bracket). Then various local players have much smaller shares. We will follow very closely how the launching of  the “Stride” brand (already well-known in other countries) develops and if this really represents the disembark of Mondelez in the Chinese gum market.