Sugar Free Chocolate Market 2018 Global Key Players, Trend, Share, Industry Size, Segmentation and Opportunities Forecast To 2023
Pune, India, 17th May 2018: WiseGuyReports announced addition of new report, titled “Global Sugar Free Chocolate Research Report- Forecast to 2023”.
Pune , India – May 17, 2018 /MarketersMedia/ —
The legal definition is that there has to be less than 0.5 g of sugars per reference serving size. For 100% sugar-free the reference serving size is 40 g, so the 0.5 g/40 g equates to less than 1.25 % sugars allowed. Sugars are considered to be mono and disaccharides and this will include glucose, sucrose, fructose and lactose. No-sugar added chocolate generally have no added sucrose, but may contain another sugar such as lactose, which is found in milk powder.
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Key players promote largely in supermarket, particularly in hypermarkets, where they can display huge varieties of their product line. Finest supermarkets feature some form of in-store promotional display for chocolate product line. Promotions staff offers customers samples and also provide them with product information such as ingredients, formulation and others.
Key players also use social media such as facebook, twitter, snapchat, instagram, and other to reach to various types of customers. Also, endorsing celebrities with huge fan following have bigger scope to promote the various chocolate products. Key players are also investing in advertising products on various magazines, newspaper, so as to connect to consumers even in rural and semi-urban areas.
Global Sugar free chocolate by category is segmented into two type 100% sugar free and no added sugar. The 100% Sugar Free segment is projected to reach USD 3.05 Bn by the end of 2023 and will grow at a CAGR of 7.02%. However, no-added sugar segment will grow at CAGR of 6.66 % and market value will reach USD 2.78 Billion.
Key Players
The leading market players in the global Sugar free chocolate market primarily are Hershey (U.S.), Godiva Chocolatier, Inc. (U.S.), Lindt & Sprungli SAS (France), Russell stover (U.S.), Ghirardelli Chocolate Company (U.S.), Think Thin LLC (U.S.), Guilin chocolates (Belgium)
Study Objectives of sugar free chocolate Market Forecast to 2023
• Detailed analysis for individual micro and macro markets for sugar free chocolate
• To estimate market size by Category, Type, Ingredients, Distribution Channel and Region
• To understand the supply and demand dynamics of sugar free chocolate
• To provide region level market analysis and future outlook for U.S., U.K., Germany, France, and South-East Asia
• Company profiling of major players & competitive positioning for the sugar free chocolate market
• Value chain analysis and supply chain analysis of sugar free chocolate
• Analysis of historical market trends, and technologies, and current government regulatory requirements related to sugar free chocolate market
Target Audience
• Sugar free chocolate manufacturers
• Food Service industries
• Retailers and wholesalers
• Traders, importers and exporters
Key Findings
• Health cognizant consumers understand that sweeteners are by no means simply replicas of sugar. They fail to reproduce the wide range of the functional properties of sugar which are used by food manufacturers to manipulate colour, aroma, texture and shelf-life of their products; this restricts their use in many products. Some sweeteners affect taste adversely, while others are unstable when stored or cooked; some have failed clearance for human consumption. However, sweeteners can have some cost and functional advantages over sugar. Competition among the various sugar and non-sugar sweeteners is fiercest in soft drinks manufacture, in countries where its use and production is permitted and in countries with artificially high sugar prices.
• Progressive health cognizant consumers are increasingly influential in redefining daily diet routine: While they may be a minority group in terms of overall numbers, the influence progressive wellness consumers have over food culture is disproportionate. Progressive health cognizant consumers are sharing their enthusiasm and knowledge with others so as to help them live a healthy lifestyle. As food enthusiastic, consumers are no longer think about several health management such as lowering cholesterol, blood pressure, dieting such as low fat, low carb but are also focusing on quality of food such as fibre content, nutrition content and others. However consumers are moving away from products that are labelled fat-free, diet products and 100-calorie portion packs, but are preferring healthy vegetables, fruits, dark chocolate and healthy fats.
Table of Content: Key Points
1 Report Prologue 15
2 Introduction 16
3 Research Methodology 19
4 Premium Insights 24
5 Market Dynamics 27
6 Mega Trends 37
…Continued
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