Global Sugar Free Chocolate Market Outlook 2023

Global Sugar Free Chocolate Market Analysis 2016 - 2023

Chocolate is a form of confectionary derived from cacao beans, which is mixed with chocolate liquor and cocoa butter. There are several types of chocolate that are available in the market. The different types of chocolates are made by blending the liquor and the butter in varying proportions. The global sugar free chocolate market is anticipated to achieve a CAGR of 6.28% during the forecast period, i.e. 2019-2023. Factors such as the rapid growth of the food industry and the changing lifestyles of individuals backed by the increasing disposable incomes, coupled with the growing impulse buying behavior observed amongst consumers are some of the factors anticipated to promote towards the growth of the global sugar free chocolate market. Additionally, factors such as the increasing concern for diabetes amongst individuals, increasing health consciousness amongst people and the health benefits of sugar free chocolate are some of the factors anticipated to drive the growth of the global sugar free chocolate market.

The global sugar free chocolate market consists of various segments that are segmented by type, distribution channel and by region. Out of these, the distribution channel segment is further sub-divided into store-based and non-store based. The hypermarket & supermarket segment, which is a sub-segment of the store-based segment held the largest market share of 67.89% in the year 2016 and is anticipated to cross a value of USD 1363.74 million by the end of 2023 by registering a CAGR of 7.67% over the forecast period.

Based on region, the global sugar free chocolate market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific, which had accounted for 20.38% in the year 2016 is anticipated to cross a value of USD 1274.74 million by the end of 2023 by registering a CAGR of 7.35% during the forecast period.

Some of the affluent industry leader in the global sugar free chocolate market are Barry Callebaut, Venchi Chocolate, The Hershey Company, Godiva, Lindt & Sprungli, Russell Stover Chocolates, LLC, Asher’s Chocolate Co., Lily’s Sweets, Pascha Chocolate Co. and The Cacao Group, Inc.

1. Market Introduction

1.1. Market Definition
1.2. Scope of the Study
1.3. List of Assumptions
1.4. Market Structure
1.5. Key Buying Criteria

2. Research Methodology

2.1. Research Process
2.2. Primary Research
2.3. Secondary Research
2.4. Market Size Estimation
2.5. Forecast Model

3. Executive Summary: Global Sugar Free Chocolate Market

4. Market Dynamics

4.1. Introduction
4.2. Drivers
4.2.1. Increasing Consumer Awareness About Diabetes
4.2.2. Health Benefits of Chocolate
4.3. Restraints
4.3.1. High Cost of Sugar Substitute
4.3.2. Changing Preference of Consumer
4.4. Opportunities
4.4.1. Growing Disposable Income
4.4.2. Impulse Buying Behavior of Consumers
4.5. Challenges
4.5.1. Side Effect of Consumption
4.5.2. Growing Cases of Tooth Problems
4.6. List of Manufacturers & Suppliers
4.7. Porter’s Five Force Analysis
4.7.1. Threat of New Entrants
4.7.2. Bargaining Power of Suppliers
4.7.3. Bargaining Power of Buyers
4.7.4. Threat of Substitutes
4.7.5. Competitive Rivalry

5. Global Sugar Free Chocolate Market Analysis and Forecasts, By Type

5.1. Introduction
5.2. Market Value Share and Attractiveness Analysis, By Type, 2016-2023 (USD Million)
5.2.1. Dark
5.2.2. Milk
5.2.3. White

6. Global Sugar Free Chocolate Market Analysis and Forecasts, By Distribution Channel

6.1. Introduction
6.2. Market Value Share and Attractiveness Analysis, By Distribution Channel, 2016-2023 (USD Million)
6.2.1. Store Based
6.2.1.1. Supermarkets & Hypermarkets
6.2.1.2. Specialty Stores
6.2.1.3. Convenience Stores
6.2.2. Non-Store Based

7. Global Sugar Free Chocolate Market Analysis and Forecasts, By Region

7.1. Introduction
7.2. Market Value Share and Attractiveness Analysis, By Region, 2016-2023 (USD Million)
7.2.1. North America
7.2.2. Europe
7.2.3. Asia-Pacific
7.2.4. Rest of the World (Row)

8. North America Sugar Free Chocolate Market Analysis and Forecasts

8.1. Introduction
8.2. Market Value Share and Attractiveness Analysis By Country, 2016-2023 (USD Million)
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Market Value Share and Attractiveness Analysis By Type, 2016-2023 (USD Million)
8.3.1. Dark
8.3.2. Milk
8.3.3. White
8.4. Market Value Share and Attractiveness Analysis By Distribution Channel, 2016-2023 (USD Million)
8.4.1. Store Based
8.4.1.1. Supermarkets & Hypermarkets
8.4.1.2. Specialty Stores
8.4.1.3. Convenience Stores
8.4.2. Non-Store Based

9. Europe Sugar Free Chocolate Market Analysis and Forecasts

9.1. Introduction
9.2. Market Value Share and Attractiveness Analysis By Country, 2016-2023 (USD Million)
9.2.1. Germany
9.2.2. Uk
9.2.3. France
9.2.4. Italy
9.2.5. Spain
9.2.6. Rest of Europe
9.3. Market Value Share and Attractiveness Analysis By Type, 2016-2023 (USD Million)
9.3.1. Dark
9.3.2. Milk
9.3.3. White
9.4. Market Value Share and Attractiveness Analysis By Distribution Channel, 2016-2023 (USD Million)
9.4.1. Store Based
9.4.1.1. Supermarkets & Hypermarkets
9.4.1.2. Specialty Stores
9.4.1.3. Convenience Stores
9.4.2. Non-Store Based

10. Asia Pacific Sugar Free Chocolate Market Analysis and Forecasts

10.1. Introduction
10.2. Market Value Share and Attractiveness Analysis By Country, 2016-2023 (USD Million)
10.2.1. China
10.2.2. Japan
10.2.3. India
10.2.4. Australia & New Zealand
10.2.5. Rest of Asia Pacific
10.3. Market Value Share and Attractiveness Analysis By Type, 2016-2023 (USD Million)
10.3.1. Dark
10.3.2. Milk
10.3.3. White
10.4. Market Value Share and Attractiveness Analysis By Distribution Channel, 2016-2023 (USD Million)
10.4.1. Store Based
10.4.1.1. Supermarkets & Hypermarkets
10.4.1.2. Specialty Stores
10.4.1.3. Convenience Stores
10.4.2. Non-Store Based

11. Central & South America Sugar Free Chocolate Market Analysis and Forecasts

11.1. Introduction
11.2. Market Value Share and Attractiveness Analysis By Country, 2016-2023 (USD Million)
11.2.1. Brazil
11.2.1. Rest of Csa
11.3. Market Value Share and Attractiveness Analysis By Type, 2016-2023 (USD Million)
11.3.1. Dark
11.3.2. Milk
11.3.3. White
11.4. Market Value Share and Attractiveness Analysis By Distribution Channel, 2016-2023 (USD Million)
11.4.1. Store Based
11.4.1.1. Supermarkets & Hypermarkets
11.4.1.2. Specialty Stores
11.4.1.3. Convenience Stores
11.4.2. Non-Store Based

12. Middle East & Africa Sugar Free Chocolate Market Analysis and Forecasts

12.1. Introduction
12.2. Market Value Share and Attractiveness Analysis By Country, 2016-2023 (USD Million)
12.2.1. Saudi Arabia
12.2.2. U A E
12.2.3. South Africa
12.2.4. Rest of M E A
12.3. Market Value Share and Attractiveness Analysis By Type, 2016-2023 (USD Million)
12.3.1. Dark
12.3.2. Milk
12.3.3. White
12.4. Market Value Share and Attractiveness Analysis By Distribution Channel, 2016-2023 (USD Million)
12.4.1. Store Based
12.4.1.1. Supermarkets & Hypermarkets
12.4.1.2. Specialty Stores
12.4.1.3. Convenience Stores
12.4.2. Non-Store Based

13. Competitive Landscape

13.1. Company Market Share Analysis
13.2. Four Quadrant Competitor Positioning Matrix
13.3. Company Profiles
13.3.1. The Hershey Company
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Product Offerings
13.3.1.4. Swot Analysis
13.3.1.5. Key Strategies
13.3.2. Govida Chocolatier
13.3.3. Lindt & Sprüngli Ag
13.3.4. Russell Stover Candies, Inc
13.3.5. Callebaut Chocolate
13.3.6. Asher's Chocolates
13.3.7. Lily's Chocolate
13.3.8. Venchi S.P.A
13.3.9. Pascha Chocolate Co.
13.3.10. Amber Lyn Chocolates

Companies Mentioned

Barry Callebaut
Venchi Chocolate
The Hershey Company
Godiva
Lindt & Sprungli
Russell Stover Chocolates LLC
Asher’s Chocolate Co.
Lily’s Sweets
Pascha Chocolate Co.
The Cacao Group Inc.

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Companies Mentioned

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