Sugar-Free Confectionery Market Size, Industry Share, Growth, Trends, Report 2023-2028

According to IMARC Group latest report titled “Sugar-Free Confectionery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on sugar-free confectionery market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global sugar-free confectionery market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.

What is Sugar-Free Confectionery?

Sugar-free confectionery is a type of sweet treat that is generally prepared without the use of traditional sugar. Instead of utilizing regular sugar, which has additional calories and potential health risks, artificial sweeteners are incorporated to produce a sweet taste. It contains aspartame, sucralose, and xylitol, all of which are safe for ingestion by humans when employed in moderation. Various types of sugar-free confectionery are available, including candies, chocolates, gummies, and baked products. In comparison to white table sugar, sugar-free confectionery is needed in lesser amounts to provide a sweet flavor to numerous food items with lower calorie, carb, and glycemic response levels.

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What are the growth prospects and trends in the sugar-free confectionery industry?

The rising awareness and emphasis on health and wellness among the masses majorly drive the global market. This can be supported by the growing concerns regarding the impact of sugar consumption on health and healthier alternatives. Along with this, the increasing prevalence of diabetes and obesity among individuals is significantly supporting the market. This is encouraging consumers toward sugar-free options to satisfy their sweet tooth without compromising their health, further impacting the demand for sugar-free confectionery. In addition, the rising trend of veganism is also positively influencing the market as vegetarians avoid traditional confectionery products that contain gelatin or other animal-derived ingredients. Moreover, the introduction of a wide range of sugar-free confectionery items, such as fudges, jellies, gums, toffees, dragées, candies, gummies, and peppermints is creating a positive market outlook.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Abdallah Candies Inc.
  • Asher’s Chocolate Co.
  • Diabetic LLC
  • Ferrero SpA
  • Lily’s Sweets LLC
  • Nestlé S.A.
  • ROY Chocolatier
  • Russell Stover Chocolates LLC
  • See’s Candy Shops Inc.
  • Sugarless Confectionery
  • The Hershey Company
  • The Kraft Heinz Company

Sugar-Free Confectionery Market Segmentation:

Our report has categorized the market based on region, product and distribution channel.

Breakup by Product:

  • Sweet and Candy Confectionery
  • Chocolate Confectionery
  • Others

Breakup by Distribution Channel:

  • Supermarkets Hypermarkets
  • Convenience and Drug Stores
  • Online and D2C
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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