Global Sugar Free Candy Market Overview:
Candies tend to have a lot of sugar in them; however, sugar consumption can contribute to a variety of health issues, including weight gain, diabetes, tooth decay, and more. Adding sugar to candies significantly increases their calorie content without adding any nutritional benefit. To solve this problem sugar-free candies are introduced in the market. Sugar-free candies are sweetened with artificial sweeteners or sugar alternatives rather than real sugar. The majority of these sweeteners are low in calories. With the growing health awareness among general consumers, the demand for sugar-free candies is also increasing. Some of the players profiled in the study are Abdallah Candies Inc. (United States), Diabetic Candy LLC (United States), Asher’s Chocolate Co. (United States), Dr. John's Healthy Sweets LLC (United States), Nestle (Switzerland), Sugarless Confectionery (United States), The Hershey Company (United States), Diabetic Candy (United States), ROY Chocolatier (France) and See's Candy Shops, Inc. (United States).
On the basis of geography, the market of Sugar Free Candy 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). If we see Market by Nature, the sub-segment i.e. Organic will boost the Sugar Free Candy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Sugar Free Candy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Plastic Sachet will boost the Sugar Free Candy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavours, the sub-segment i.e. Chocolate will boost the Sugar Free Candy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Awareness About Ill Effects of Sugar
- Recommendation by Doctor to Reduce or To Stop Consumption of Sugar in Diet
Influencing Trend
- Rise in Innovative Sugar-Free Candies Like New and Attractive Packaging Styles
Restraints
- Sugar Free Candies Are Pricier Than Conventional Candies
Opportunities
- Celebrity Endorsements Will Increase the Demand of Sugar Free Candies
- Markets with Huge Number of Diabetic Patients Like USA, India, And China Are Opportunities in Sugar Free Candies Market
Challenges
- Complex Manufacturing Process of Sugar Free Candy Compared to Conventional Sugar Containing Candies
- Difficulty to Replicate the Taste of Sugar
According to FDA, “Use of terms such as "sugar free," "free of sugar," "no sugar," "zero sugar," "without sugar," "sugarless," "trivial source of sugar," "negligible source of sugar," or "dietarily insignificant source of sugar." Consumers may reasonably be expected to regard terms that represent that the food contains no sugars or sweeteners or significantly reduced in calories.”
The market is fragmented, with multiple regional players competing. The players are in a fierce contest. In the industry, there are no entry barriers. Markets like India and China are huge opportunities for the manufacturers of sugar free candy. In this market, messaging is crucial to success through marketing. Focusing on indirect sales channels is also crucial in this market.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Sugar Free Candy Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Sugar Free Candy market on the basis of product [] , application [], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Sugar Free Candy market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Sugar Free Candy industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Sugar Free Candy market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.