The sugar-free hard candies market is expected to witness market growth at a rate of 3.50% in the forecast period of 2021 to 2028 and is further estimated to USD 1.58 billion by 2028. Data Bridge Market Research report on sugar-free hard candies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the nutritional value is escalating the growth of sugar-free hard candies market.
Sugar free candy is known to be the candy made from sugar alternative that gives similar to sugar and therefore preserves the sweet taste. Various types of sugar free candy like hard and chewy candy are gaining traction in the industry all over the world because of the taste and regulated sugar content.
Major factors that are expected to boost the growth of the sugar-free hard candies market in the forecast period are the rise in the prevalence of diabetes amongst people. Furthermore, several manufacturers are highlighting on the flavour optimization of the sugar free candies s further anticipated to propel the growth of the sugar-free hard candies market.
The major players covered in the sugar-free hard candies market report are:
Abdallah Candies Inc.,
THE HERSHEY COMPANY,
Asher’s Chocolate Co.,
Hyet Sweet B.V.,
Dr. John’s Healthy Sweets LLC,
diabeticandy.com,
LILY’S SWEETS,
ROY Chocolatier,
The Wm. Wrigley Jr. Company,
BENEO,
Russell Stover Chocolates, LLC,
CANDY WAREHOUSE.COM, INC.,
Global Sugar-free Hard Candies Market Scope and Market Size
The sugar-free hard candies market is segmented on the basis of sweetening agent, flavors, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of sweetening agent, the sugar-free hard candies market is segmented into stevia, isomalt, sorbitol, maltitol, xylitol, olydextrose and others.
On the basis of flavors, the sugar-free hard candies market is segmented into butterscotch, caramel, blueberry, strawberry, banana, coffee and others.
North America dominates the sugar-free hard candies market due to the rise in the prevalence of diabetes. Furthermore, the occurrence of major key players will further boost the growth of the sugar-free hard candies market in the region during the forecast period.
Asia-Pacific is projected to observe significant amount of growth in the sugar-free hard candies market due to the rise in the consumption of sugar free candy.
The country section of the sugar-free hard candies market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries.
Get More Information@ https://www.databridgemarketresearch.com/reports/global-sugar-free-hard-candies-market
Comments