According to a recent report on the sugar-free confectionary market by Persistence Market Research, North America now holds a 39%+ value share of the global market. Around 62.9% of all chocolate confections sold worldwide are sugar-free. The global sugar-free confectionery market is anticipated to grow to a value of US$ 3.5 billion by 2031.
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The global market for sugar-free candy increased by 4% between 2016 and 2020. Growing demand is a key market driver since more people are becoming obese and diabetic. Confectionery without sugar has a number of nutritional advantages, making it a superior compounded food element. North America and Europe are the two regions that seek sugar-free candy the most. Because there are more health-conscious people in both of these locations, demand is anticipated to increase. In the North American and European markets, the U.S. has an 84.5% market share and the U.K. has a 13.3% market share.
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Competitive Landscape
Key players are inclined toward innovation, development, and expansions to enhance the nutritional benefits of these products. Producers are focused on enhancing their innovation capabilities and quality of product.
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- In 2019, Chocoladefabriken Lindt & Sprüngli AG invested in production facilities in the U.S. This will help it to the volume growth of products in the long run, and expansion of its logistics network in North America.
- August Storck KG delivers quality products for a higher level of customer satisfaction. The brands of the company are designed by keeping customer satisfaction on high priority. The company uses state-of-the-art production equipment, best ingredients, and transparent quality control standards to produce high-quality products.
Category-wise Insights : (Sugar-free Confectionery Market)
Which Type of Sugar-free Confectionery is Most Demanded across Regions?
Based on type such as sugar-free conventional confection and sugar-free chocolate confection, sugar-free chocolate confection is a highly demanded and consumed type of sugar-free confectionery item.
Market value share of sugar free chocolate confections is 62.9%. Demand for sugar-free chocolate confection is high due to growing popularity of healthy diets among consumers.
How are Different Sales Channels Complementing Market Growth?
Sugar-free confectionery items are offered by various channels such as hypermarkets/supermarkets, speciality stores, convenience stores, and online stores.
The hypermarkets/supermarkets segment is valued at over US$ 1 Bn in 2021, with speciality stores showing a significant growth at a CAGR of 5.9%.
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Sugar-free Confectionery Market Industry Research by Category
Type:
Sugar-free Conventional Confections
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- Boiled Hard Candy
- Sweets
- Gummies
- Chews & Jellies
- Others (peppermint patties, marshmallows)
Sugar-free Chocolate Confections
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- Chocolate Bars
- Chocolate Crunch Balls
- Chocolate Candy
- Caramel-filled Chocolate
- Others
Sales Channel:
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- Hypermarkets/Supermarkets
- Speciality Stores
- Convenience Stores
- Online Retail
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