Gum wars get popping
Gum makers are using technology to wage a multibilliondollar battle for the checkout aisle and beyond.
By Matthew Maier, Business 2.0 Magazine

NEW YORK (Business 2.0 Magazine) - When Jim Cali talks about his $40 million R&D facility and his crack engineering team, you'd think he had built a Trident submarine. "It was a skunk-works project," he says.

But Cali, head of commercial strategy for the confections division of Cadbury Schweppes (Research) Americas, is referring to Trident Splash, a new sugarless gum that took Cadbury's 100 "gumologists" three years to perfect.

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Not long ago, U.S. gum sales were falling. But thanks to a high-tech battle for supremacy, the market has ballooned 15 percent since 2003 to $2 billion, according to Information Resources.

Last year gum makers introduced 257 new varieties, and leaders Cadbury and Wrigley (Research) are experimenting with gums that do everything from clean teeth to soothe upset stomachs. Drugmakers, including Denmark's Fertin, are also eyeing the century-old category as a way to treat obesity and migraine headaches.

Click here to have a look at what else is popping. Top of page

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.