- July 3, 2021
- Posted by: Stratford Team
- Category: Business
As Americans mingle more following the worst days of the COVID-19 pandemic, they’re also chewing more gum to keep their breath minty fresh, buying 15 million more packs in May than in January.
By Adam JacksonBloomberg
Chewing gum, coming off a brutal year for retail sales, is back in demand as Americans start taking off their masks — and don’t always like what they smell.
As restrictions ease and vaccination rates rise, U.S. gum sales have recently started rising, data from NielsenIQ show. The nascent turnaround follows two straight years of declines for the 12-month periods ended in May, a signal consumer behavior is slowly returning to normal.
The pickup in gum spending is a welcome change for the likes of Trident-maker Mondelez International Inc., Mars Inc.’s Wrigley and Tootsie Roll Industries Inc., the manufacturer of Dubble Bubble.
And it’s not just inflation driving the jump in total sales, although prices are up per unit are also…