Sat, 30 May 2020 Presents "Global Sugar-Free Candy & Chocolate Market 2019 by Manufacturers, Regions, Type, and Application, Forecast to 2024" New Document to its Studies Database

The global confectionery market was valued more than $79 billion in 2018 and is expected to grow rapidly at a CAGR of over 3%. Obesity and diabetes acted as hurdles in the growth of this industry, which was tackled with the introduction of sugar-free alternatives. The market for sugar-free candy and chocolate is slowly gaining traction as consumers are looking for healthier ways to indulge their chocolate cravings. Additionally, this market also appeals to weight-watchers and diabetics who are looking to enjoy the rich and velvety taste of chocolate without affecting their health or their waistline. In terms of volume, the sugar-free candy and chocolate industry is projected to grow at a rate of 6.85% by 2023. The key manufacturers covered in this report include:

  • Mars, Incorporated
  • The Hershey Company
  • Nestle
  • Mondelez
  • Ferrero
  • Meiji
  • Ezaki Glico
  • Lindt & Sprungli
  • Brach's
  • Jelly Belly
  • Dr. John's Candies
  • Eda's Sugarfree
  • August Storck
  • Montezuma's
  • Lily's Sweets

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Segmentation The industry segments for sugar-free candy and chocolate, based on type is classified into:

  • Sugar-free Soft Sweets
  • Sugar-free Hard Candy
  • Sugar-free Chocolate

Further, based on the distribution channels of the sugar-free candy and chocolate, the market can be segmented as:

  • Offline or Store-based Sales
  • Online or Non-Store Sales
  • The industry for sugar-free candy and chocolate can also be divided based on the type of sweetener that has been used. Malitol is, by far, the most common sweetener that is being used as a substitute for sugar. It not only offers the same degree of sweetness but also cuts down on the calories.

Regional Analysis

For the purpose of this report, the following regional segments were analyzed:

  • North America (the United States, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America (Brazil, Argentina, Colombia, etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Currently, the global sugar-free candy and chocolate market is being heavily dominated by America due to the heavy cultivation of cocoa and its high production capacity. On the other hand, the market for sugar-free candy and chocolate is expected to grow in Europe and South-East Asia as the global markets become more accessible to the latter.

Industry News

Sensing the transition of the confectionery industry towards a no-sugar direction, Barry Callebaut, cocoa and chocolate manufacturer is set to launch a 'WholeFruit' chocolate, which is made from 100% cocoa fruit. It is scheduled to hit the shelves by May 2020. In addition to being low on sugar, the sugar-free chocolate will also contain about 90% more dietary fibers than conventional chocolate. A number of other chocolate and candy manufacturers are expected to follow suit.

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Table Of Content:

1 Report Overview

2 Global Growth Trends

3 Market Share by Key Players

4 Breakdown Data by Type and Application

5 United States

6 Europe

7 China

8 Japan

9 Southeast Asia

10 India

11 Central & South America

12 International Players Profiles

13 Market Forecast 2019-2025

14 Analyst's Viewpoints/Conclusions

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