The world's leading health authorities such as World Health Organization (WHO), the United States Dietary Guidelines Advisory Committee, and the Ubited Kingdom Scientific Advisory Committee on Nutrition, have suggested that food and beverage product consumers should limit the intake of sugars. Increasing initiatives by such organizations, backed by growing number of candy and chocolate companies which are focusing on introducing their products with low or no sugar content and high nutritional value such as organic, sugar-free, vegan and gluten-free chocolates in order to boost to health-conscious consumers are some of the other leading factors anticipated to support growth of the market to a significant extent.
MARKET DYNAMICS
Increasing disposable income with improving economic conditions is driving demand for sugar-free chocolates, internationally. Trending demand for the chemical-free and natural pure form of chocolates is anticipated to gain traction. The aforementioned factors are projected to support growth of the global sugar free candy and chocolate market to a certain extent. Though, plummeting production of cocoa due to diminishing cocoa plants are key factors that could be a threat to the industry and its growth prospects.
MARKET SCOPE
The "Global Sugar Free Candy and Chocolate Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sugar free candy and chocolate with detailed market segmentation by type, packaging, and distribution channel. The global sugar free candy and chocolate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sugar free candy and chocolate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sugar free candy and chocolate market is segmented on the basis of type into sweets, candy, candy nuts, chocolates, chewing gum, and others. On the basis of packaging the sugar free candy and chocolate market is segmented into sachet, box, others. Moreover, on the basis of distribution channelthe market has been segmented into store-based, non-store based.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sugar free candy and chocolate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sugar free candy and chocolate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sugar free candy and chocolate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sugar free candy and chocolate market in these regions.
MARKET PLAYERS
The reports cover key developments in the sugar free candy and chocolate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from sugar free candy and chocolate market are anticipated to lucrative growth opportunities in the future with the rising demand for sugar free candy and chocolate in the global market. Below mentioned is the list of few companies engaged in the sugar free candy and chocolate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sugar free candy and chocolate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- The Hershey Company
- Nestle
- Mondelez
- Ferrero
- Meiji
- Ezaki Glico
- Lindt & Sprungli
- Brach's
- Jelly Belly
- Dr. John's Candies
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.