The sugar-free food market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The demand for sugar-free food is increasing on account of the changing dietary conditions of people due to the changing living conditions. The growing demand is from the diabetic population who are not allowed to consume sugary foods, hence, emanating the growth of the global sugar-free food market in the forecast period. Also, rising conditions of obesity are driving the consumers for sugar-free foods and beverages and sugar-free alternatives. North America is expected to hold a significant market share due to the maximum diabetic and overweight population. Thus, growing awareness among the individuals towards self-care and self-management as one of the measures for controlling weight is providing an opportunity for the manufacturers of the sugar-free products leading to the growth of the market in the coming years.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the sugar-free food value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the sugar-free food market.
Major industry players profiled as part of the report are The Hershey Company, Kellogg Co., Mars, Incorporated and its Affiliates, Nestlé S.A. and Unilever among others.
The sugar-free food market has been analyzed through following segments:
By Product Type
Sugar-free dairy products
Sugar-free bakery products
Suger-free ice creams
By Distribution Channel
Middle East and Africa
Key insights offered
What will be the sugar-free food market size from 2017 to 2023?
How are the major drivers and restraints affecting the sugar-free food market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.