According to the latest report by IMARC Group, titled “Sugar-Free Confectionery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global sugar-free confectionery market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the global sugar-free confectionery market to grow moderately during 2021-2026. A sugar-free confectionery are generally made up of artificial or natural sweeteners as a sugar substitutes. These sweeteners are consumed in a smaller quantity than regular white sugar for providing a sweet taste with reduced carbohydrates, calories, and glycemic response.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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A significant increase in the number of individuals suffering from diabetes and obesity is contributing to the global sugar-free confectionery market. Moreover, as natural sugar substitutes decrease the risk of decay and erosion of teeth, the growing focus on maintaining oral health is catalyzing the demand for sugar-free confectionery. Besides this, the increasing consumer preferences for consuming reduced-calorie and sugar-free food products for managing weight are positively influencing the market. Furthermore, several leading players are offering organic and innovative flavors to cater to diversified consumer needs and preferences. Additionally, the introduction of functional sugar-free confectionery items will continue to further propel the global market over the forecasted period.
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Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Abdallah Candies Inc.
- Asher’s Chocolate Co.
- Diabetic Candy.com LLC
- Ferrero SpA
- Lily’s Sweets LLC
- Nestlé S.A.
- ROY Chocolatier
- Russell Stover Chocolates LLC (Chocoladefabriken Lindt & Sprüngli AG)
- See’s Candy Shops Inc. (Berkshire Hathaway Inc.)
- Sugarless Confectionery
- The Hershey Company
- The Kraft Heinz Company
The report has segmented the market on the basis of product, distribution channel and region.
Breakup by Product:
- Sweet and Candy Confectionery
- Chocolate Confectionery
Breakup by Distribution Channel:
- Supermarkets Hypermarkets
- Convenience and Drug Stores
- Online and D2C
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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