Sugar-Free Chocolate Market Information
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Sugar-Free Chocolate Market Information
Sugar-Free Chocolate Market Information by Category (100% Sugar Free, No Added Sugar), by Main Ingredients (Cocoa beans, Sugar Substitute, Cocoa butter, fat & oil, Cocoa liquor and others), by Type (Dark, Milk, White), Distribution Channel (Non-Store Based, Store Based) and by Region Sugar-free chocolate Forecast to 2023
Key Players: Global Covid-19 Analysis on Sugar-Free Chocolate Market comprises leading market players like Russell Stover (U.S.), Ghirardelli Chocolate Company (U.S.), Lindt & SprĂźngli (France), Thin (U.S.), Guilin (Belgium), Hershey (U.S.), Godiva Chocolatier (U.S.) and others.
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Sugar-Free Chocolate Market Information
Chocolate is extracted from mixed cocoa butter, cocoa, and sugar or substitutes of sugar to produce different forms of confectionaries. There are a number of chocolate types available in the market. The classification of the chocolates is broken down as per the proportion of cocoa being used in a particular formulation. With the changing consumer lifestyle and an evolving dietary pattern, there has been a shifting inclination towards healthy food & beverages. Healthy foods & beverages dictate an immensely important role in determining the food choices of consumers in the modern world. This has led to the trend of consuming sugarfree, GMO-free, fat-free, and other healthy product types. The trend initially began from the western world and rapidly spread across different regions worldwide. Today, consumers are willing and eager to consume sugar-free substitutes of products, however, not at the expense of enjoyment and satisfaction, especially in the case of chocolates. Regional Analysis: Global Sugar-Free Chocolates Market segmentation is categorized into distribution channel, main ingredients, category, and type. By type, the market includes white, milk, dark, and others. The dark sugar-free chocolate segment is expected to garner the highest growth percentage over the forecast period. By category, the market includes no added sugar and 100% sugar-free products. The 100% sugar-free segment dominates the market and is expected to most likely continue on its period of dominance during the forecast period as well.
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Sugar-Free Chocolate Market Information
Segmentation The regional market segmentation of sugar-free chocolates covers the following regions: Asia Pacific, Europe, North America, and Rest of the World. Europe holds the maximum market percentage and is expected to maintain its dominance over the forecast period with a projected CAGR of 6.81%. Asia Pacific is calculated to be the fastest growing regional market with a CAGR of 6.97%. Emerging nations in this region like China, Japan, India, and ASEAN nations are some of the biggest contributors to the market and will continue to hold significant importance in propelling the growth percentage of the Asia Pacific region over the forecast period.
Intended Audience Sugar-free chocolate manufacturers Sugar substitutes manufacturers Raw material suppliers End users (food industry) Retailers and wholesalers E-commerce companies Traders, importers and exporters
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Sugar-Free Chocolate Market Information
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Copyright Š 2017 Market Research Future.