Food & Beverages / Sugar Free Sweets Market- Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Nestl SA, Chupa Chups SA., Cadbury PLC., Kraft Foods Inc., Ferrero SpA.
Sugar Free Sweets Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Nestl SA, Chupa Chups SA., Cadbury PLC., Kraft Foods Inc., Ferrero SpA.
Acknowledging the kind of traction gained by this market,Industry Data Analytics recently published a study report asserts the global Sugar Free Sweets Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.5% during the review period (2022 to 2027)
Sugar Free Sweets Market Overview
Sugar-free sweets are manufactured without preservatives and using natural sugar. Manufacturers of sugar-free desserts also claim to use kosher-certified gelatine to ensure traceability and alleviate ethical concerns. Sweets makers have stepped forwards to fill the need by removing the original treat's constituent deck and experimenting with inclusions and flavours as they are precisely designed to ensure consumer adherence, are custom produced, and have enhanced stability to minimise colour oxidation. Because of the huge demand from diabetics, food manufacturers are increasingly producing sugar-free sweets. Because global awareness of health and fitness is increasing, the sugar-free sweets market is predicted to rise fast throughout the forecast period.
Industry News and Updates:
Nestle invents new way to make chocolate—with no added sugar
16 Jul 2019- Nestle SA has found a way to create chocolate without adding any sugar, relying on leftover material from cocoa plants for sweetening as consumers look for natural and healthier fare.The food company is using a patented technique to turn the white pulp that covers cocoa beans into a powder that naturally contains sugar. This fall in Japan, Nestle will start selling KitKat bars with 70% dark chocolate under the new recipe, which doesn’t include any added sugar, the Vevey, Switzerland-based firm said. Until now, the pulp has never been used as a sweetener for chocolate, and usually it’s mostly thrown out.
FERRERO TO ACQUIRE NESTLÉ’S U.S. CONFECTIONARY BUSINESS
The Ferrero Group and its affiliated companies (“Ferrero”), a global confectionary group, today announced a definitive agreement pursuant to which it will acquire the U.S. confectionary business from Nestlé for $2.8 billion in cash. Nestlé’s U.S. confectionary business generated sales of approximately $900 million in 2016.
What are the major Applications, Types, and Regions of the Sugar Free Sweets Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Jellies and Gums
Hard-boiled Sweets
Toffees and Caramels
Medicated Confectionary
Mints
By Application, it is segmented into
Bottles & Jars
Stand-Up Pouches
Others
Sugar-Free Sweets Market Regional Analysis
In 2019, North America had the highest share of almost 30.0 percent. Awareness of the negative effects of America's growing sugar consumption is a big factor influencing the selling of Sugar Free Sweets. Sugar is widely acknowledged as a major contributor to the global obesity problem. Obesity prevalence increased by 42.4 percent between 2017 and 2018, according to the CDC National Center for Health Statistics. As a result, many have been attempting to reduce their daily sugar intake by opting for sugar-free items.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Sugar-Free Sweets Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 6.5% over the forecast period (2022-2027)
By Type
Jellies and Gums
Hard-boiled Sweets
Toffees and Caramels
Medicated Confectionary
Mints
By Application
Bottles & Jars
Stand-Up Pouches
Others
By Companies
Nestl SA, Chupa Chups SA., Cadbury PLC., Kraft Foods Inc., Ferrero SpA., The Hershey Company, Perfetti Van Melle S.P.A., Adams and Brooks Candy, Jelly Belly Candy, AS Kalev, Mapro Industries Ltd., Barambo Ltd., Roshen Kondyterska Korporatsia, Lotte Confectionery Co Ltd, WM Wrigley JR Company, and Lindt & Sprungli, Others.
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
127
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Sugar Free Sweets Report
Evaluate Sugar Free Sweets market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Sugar Free Sweets market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
How do you conduct primary research interviews?
We use tools such as video conferences, telephone calls, face-to-face interviews, and questionnaires with key respondents.
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Who are the key players in Sugar-Free Sweets Market?
Nestle SA, Chupa Chups SA., Cadbury PLC., Kraft Foods Inc., Ferrero SpA., The Hershey Company, Perfetti Van Melle S.P.A., Adams and Brooks Candy, Jelly Belly Candy, AS Kalev, Mapro Industries Ltd., Barambo Ltd., Roshen Kondyterska Korporatsia, Lotte Confectionery Co Ltd, WM Wrigley JR Company, and Lindt & Sprungli, Others.
What regions does this Sugar Free Sweets Market report cover?
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.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.