Sugar Free Mints Market Scope
Mints have been in the market for a long time and are regularly used by the population after drinking alcohol or smoking cigarettes to dispose of the awful smell from the mouth. Mint is one of the genera of aromatic herbs, are found all across the globe, and have a wide range of applications food, beverage, chewing gum, pharmaceuticals, cosmetics and personal care. Raising awareness of sugar usage has sparked the demand for sugar free mints among the buyer base. Carb free mints have a range of applications in the production of several confectionery products such as candies, chocolates, chewing gums, lifesavers, and mouth fresheners.
The Sugar Free Mints market study is segmented by Type (Peppermint, Sweet Mint, Bubble Mint, Freeze Mint and Others), by Application (Confectionery, Candies, Chewing Gums, Lifesavers, Twizzlers, Bakery, Health drinks and Others (Ice-cream, Desserts, Juices etc.)) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Sugar Free Mints market throughout the predicted period.
The Hershey (United States), Lotte Group (Japan), Perfetti Van Melle (Italy), Nestle (Switzerland), Mondel'z International (United States), The PUR (Canada), Ferrero International (Italy), Nicholas International Ltd., Health Made Easy Group (United Kingdom) and Chocoladefabriken Lindt & Sprόngli (Switzerland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Kraft Foods Inc (United States), Simply Gum Inc. (United States), Topps Company Inc. (United States) and Ferndale Confectionery Pty Ltd (Australia).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Sugar Free Mints market by Type, Application and Region.
On the basis of geography, the market of Sugar Free Mints has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Rising Demand for clean label ingredient to drive the growth of mints market
- North America continues to dominate the global mint market
Market Drivers
- Increasing obesity and diabetes among the population
- Functional attributes of sugar-free chewing gum
- Rising health consciousness
- Launch of innovative flavors
- Mounting growth of the organized retail sector
- Increasing product awareness in developing countries
- Effective marketing strategies
- Innovative application technologies
Opportunities
- Rising health-conscious population
- Increasing prevalence of obesity and diabetes
- Rising cases of tooth decay owing to excess sugar intake
Restraints
- High prices as compared to conventional chewing gums
- Change in the taste from traditional sugar-filled ingredients may hamper Sugar-free confectionery market growth.
- Rising cocoa beans price
Key Target Audience
Diabetic people, Health Conscious people, Young urban people, Industry Association, Downstream Vendors, Consulting Firms, Corporate Entities, Government and Private Research Organizations and Others
Frequently asked questions:
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Sugar Free Mints Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.