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WiseGuyRerports.com Presents “Global Sugar-Free Candy & Chocolate Market 2019 by Manufacturers, Regions, Type, and Application, Forecast to 2024” New Document to its Studies Database
The global confectionery market was valued more than $79 billion in 2018 and is expected to grow rapidly at a CAGR of over 3%. Obesity and diabetes acted as hurdles in the growth of this industry, which was tackled with the introduction of sugar-free alternatives.
The market for sugar-free candy and chocolate is slowly gaining traction as consumers are looking for healthier ways to indulge their chocolate cravings. Additionally, this market also appeals to weight-watchers and diabetics who are looking to enjoy the rich and velvety taste of chocolate without affecting their health or their waistline. In terms of volume, the sugar-free candy and chocolate industry is projected to grow at a rate of 6.85% by 2023.
The key manufacturers covered in this report include:
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The industry segments for sugar-free candy and chocolate, based on type is classified into:
Further, based on the distribution channels of the sugar-free candy and chocolate, the market can be segmented as:
For the purpose of this report, the following regional segments were analyzed:
Currently, the global sugar-free candy and chocolate market is being heavily dominated by America due to the heavy cultivation of cocoa and its high production capacity. On the other hand, the market for sugar-free candy and chocolate is expected to grow in Europe and South-East Asia as the global markets become more accessible to the latter.
Sensing the transition of the confectionery industry towards a no-sugar direction, Barry Callebaut, cocoa and chocolate manufacturer is set to launch a ‘WholeFruit’ chocolate, which is made from 100% cocoa fruit. It is scheduled to hit the shelves by May 2020. In addition to being low on sugar, the sugar-free chocolate will also contain about 90% more dietary fibers than conventional chocolate. A number of other chocolate and candy manufacturers are expected to follow suit.
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Table Of Content:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
9 Southeast Asia
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst’s Viewpoints/Conclusions