The global Sugar-Free Chocolate market was valued at US$ 385.4 million in 2019 and it is expected to reach US$ 563 million by the end of 2026, growing at a CAGR of 5.5% during 2021-2026.
Sugar-Free Chocolate can be defined as a type of chocolate in which regular sugar is substituted by artificially formed sweeteners. Among all of them, the most common is Maltilol. The demand for the sugar free chocolates is rising among those type of customers who want to avoid sugar in their intake.
The important players the Sugar-Free Chocolate Industry are recognized as Lindt & Sprungli (Russell stover), Hershey, Godiva Chocolatier, Lily’s.Geographically, etc. Lindt & Sprungli (Russell stover), who had a revenue share close to 48% in 2018, was the world’s greatest manufacturer among those companies. Geographically, North America was the leading area of the Sugar-Free Chocolate market and achieved a significant sales share of 40% in the global market.
Global Sugar-Free Chocolate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Sugar-Free Chocolate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Lindt & Sprungli (Russell stover), Hershey, Godiva Chocolatier, Lily’s, Pobeda, Ghirardelli Chocolate, Sweet-Switch, HFB, Cavalier, Pascha Chocolate, Klingele Chocolade, The Margaret River Chocolate Company and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Dark Chocolate
- Milk Choclate
Segment by Application
- Convenience Store
- Online Sales
Table of Content:
1 Sugar-Free Chocolate Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Sugar-Free Chocolate Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Sugar-Free Chocolate Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta