Sugar-Free Confectionery Market Analysis, Region & Country Revenue Share, & Forecast till 2030

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Increasing prevalence of diabetic and obese population and growing need for maintaining a healthy heart are key factors driving market revenue growth.

The global sugar-free confectionery market size was USD 2.16 Billion in 2021 and is expected to register a revenue CAGR of 5.3% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is expected to be driven by rising need for alleviating mood as it works as anti-depressants.

Sugar-free confectionery provides vitamins, proteins, fibre, antioxidants, and other mood-enhancing nutrients to the body. This results in feeling energized throughout the day and improving mood. According to a study, sugar-free confectionery consumption results in inner peace, happiness, and increases serotonin levels. Sugar-free chocolates are known to be antidepressants. The serotonin levels that are increased by these chocolates help reduce depression and anxiety. According to research, the consumption of these chocolates on a daily basis reduced depression symptoms by 70%. Also, sugar-free options are widely adopted to eliminate sugar cravings and maintain a healthy blood sugar level. It does not only mean indulging in sugar-free chocolate but also eating the right portions at the right time. These factors are expected to boost the revenue growth of the market.

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Companies profiled in the market report are The Hershey Company, Abdallah Candies, Inc., Nestlé, Ferrara Candy Company, Asher’s Chocolate Co., Mondelēz International, Chocoladefabriken Lindt Sprüngli AG, Dr. John's Healthy Sweets, LLC, Diabetic Candy.com, LLC, and ROY chocolatier.

Some Key Highlights from the Report

  • Chocolate confectionery segment is expected to register a rapid revenue growth rate during the forecast period owing to increasing need for low-calorie chocolates among diabetic population. Sugar-free chocolate confectionery is a better choice for maintaining blood sugar levels. Sugar-free candies satisfy the sweet tooth without raising the blood sugar levels. Growing number of people are consuming chocolate confectionery owing to its positive effects on mood and ability to make them feel less sluggish. In addition, sugar-free chocolate is also preferred by consumers to maintain their weight, lower cholesterol levels, and maintain heart health.
  • Natural high potency sweeteners segment is expected to register a steady revenue growth rate during the forecast period owing to an increase in demand among diabetes patients due to the absence of carbohydrates. Natural high-potency sweeteners are popular among customers as they are calorie-free or low in calories, which helps people for weightloss. They are beneficial for people who want to lose weight and lower their blood pressure because sweeteners replace sugar in the food, giving it a sugar-like sweetness without the calorific value of sugar.
  • Supermarkets/hypermarkets segment is expected to account for the largest revenue share over the forecast period owing to instant availability of a wide variety of products and waiting time reduction, which lead to enhanced consumer satisfaction. Customers increasingly rely on supermarkets to see and purchase desired products faster. The advice of a professional is another important reason to make purchases at a physical store. Also, in-store shopping has easy and simple return procedures as compared to complex online returns.
  • North American market is expected to account for the largest revenue share in the global market during the forecast period. Rapid growth rate of the market is attributed to increasing presence of major market players such as The Hershey Company, Abdallah Candies, Inc., Ferrara Candy Company, and Asher’s Chocolate Co. among others. Rising focus of consumers on healthier lifestyles has led to the adoption of sugar-free confectionery. In addition, obesity rates have increased in the U.S. and Canada, which has increased demand for sugar-free confectioneries. According to data, over 43% of the U.S. population aged 60 and older were obese in 2020. As a result, the U.S. populations are reducing their sugar intake since sugar is a major cause of weight gain.

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For the purpose of this report, Reports and Data has segmented the global sugar-free confectionery market based on product type, sweeteners, distribution channel, and region:

Product Type Outlook (Revenue, USD Billion; 2019-2030)

  • Sweet Candy Confectionery
  • Chocolate Confectionery
  • Others

Sweeteners Outlook (Revenue, USD Billion; 2019-2030)

  • Reduced-calorie Bulk Sweeteners
  • Natural High Potency Sweeteners
  • High Potency Artificial Sweeteners

Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)

  • Supermarkets/Hypermarkets
  • General Stores
  • Pharmacies
  • Online Platform
  • Others

Regional Outlook (Revenue, USD Billion; 2019-2030)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Sweden
    • BENELUX
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Israel
    • Rest of MEA

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Key Questions Addressed in the Report:

  • What are the dominating factors that are influencing the growth of the industry?
  • In the forecast period, which market segment is expected to rise the most?
  • What are the risks and challenges that the industry is facing?
  • In the coming years, which area is projected to dominate the market?
  • Who are the major players in the market? What kind of strategic business plans have they made?

Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.

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