Sugar-Free Confectionery Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Sugar-Free Confectionery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global sugar-free confectionery market grew at a CAGR of around 5% during 2015-2020. A sugar-free confectionery uses artificial or natural sweeteners as a sugar substitute in the preparation of sweets and chocolates. These sweeteners are required in a smaller quantity compared to white table sugar for providing a sweet taste with reduced calories, carbohydrates, and glycemic response. Presently, sugar-free confectionery products are gaining traction among individuals with diabetes as their consumption does not elevate the blood sugar level. Moreover, the rising awareness about the negative impact of regular sugar intake on health is promoting the adoption of sugar-free confectionery worldwide as a safe alternative to sugar-based products.

A significant rise in the number of individuals suffering from obesity and diabetes represents one of the key factors contributing to the sugar-free confectionery market growth. Moreover, as natural sugar substitutes reduce the risk of decay and erosion of teeth, the growing focus on maintaining oral health is driving the market. In line with this, the increasing preference for consuming reduced-calorie and sugar-free food products for managing weight is also influencing the market positively. Besides this, inflating disposable incomes are escalating the demand for premium product variants. Furthermore, the leading market players are offering organic and innovative flavors to enhance their product portfolio. They are also introducing a wide range of sugar-free confectionery items, such as dragées, fudges, candies, jellies, gummies, gums, peppermints and toffees. Apart from this, the introduction of functional sugar-free confectionery items is anticipated to drive the market in the coming years. Looking forward, IMARC Group expects the global sugar-free confectionery market to grow moderately during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global sugar-free confectionery market report, along with forecasts for growth at the global, regional and country level from 2021-2026. 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
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Abdallah Candies Inc., Asher’s Chocolate Co., Diabetic Candy.com LLC, Ferrero SpA, Lily's Sweets LLC, Nestlé S.A., ROY Chocolatier, Russell Stover Chocolates LLC (Chocoladefabriken Lindt & Sprüngli AG), See's Candy Shops Inc. (Berkshire Hathaway Inc.), Sugarless Confectionery, The Hershey Company and The Kraft Heinz Company.

Key Questions Answered in This Report:

How has the global sugar-free confectionery market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global sugar-free confectionery market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global sugar-free confectionery market and who are the key players?
What is the degree of competition in the industry?