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LAMEA Sugar Free Mints Market Size, Share & Trends Analysis Report By Nature (Conventional, and Organic), By Flavor (Peppermint, Bubble Mint, Sweet Mint, Freeze Mint, and Others) By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 142 Pages
  • March 2024
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953527
The LAMEA Sugar Free Mints Market would witness market growth of 7.9% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 551.38 tonnes, showcasing a growth of 9.4% (2023-2030).

In the Sugar-Free Mints Market, conventional products continue to maintain a significant presence despite the growing popularity of organic alternatives. Several trends shape the demand for conventional sugar-free mints. Firstly, convenience remains a key factor driving consumer choices, with many individuals opting for familiar brands and flavors readily available at supermarkets and convenience stores. Therefore, the Brazil market consumed 87.25 tonnes of conventional Sugar-Free Mints in 2022.



The Brazil market dominated the LAMEA Sugar Free Mints Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $20.5 Million by 2030. The Argentina market is experiencing a CAGR of 8.5% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 7.5% during (2023 - 2030).

The popularity of low-carb, sugar-free, and ketogenic diets has fueled the demand for sugar-free products, including mints. Sugar-free mints have evolved as a popular snack or treat as customers become more aware of their dietary choices and seek solutions that satisfy their nutritional preferences. Heightened awareness of the adverse health effects of excessive sugar consumption, including obesity, diabetes, and dental issues, has prompted consumers to seek healthier alternatives. Sugar-free mints offer a solution for individuals looking to satisfy their sweetness cravings without compromising their health goals.

Dental professionals often recommend sugar-free mints as part of oral hygiene routines to combat dry mouth, freshen breath, and decrease the risk of tooth decay and gum disease. This endorsement from healthcare professionals has contributed to adopting sugar-free mints among individuals prioritizing oral health. Sugar-free mints offer a convenient and portable solution for on-the-go refreshments. The compact size and lightweight nature of mints make them easy to carry in pockets, purses, or bags, ensuring that consumers have access to instant freshness whenever they need it, whether at work, during travel, or during social outings.

Saudi Arabia has one of the highest rates of diabetes in the world, with a significant portion of the population affected by the disease. A greater emphasis is being placed in Saudi Arabia on adopting healthier dietary practices as awareness of the health hazards associated with diabetes and other lifestyle-related diseases increases. As per the International Trade Administration, diabetes affects nearly 18 percent of adults, and over 40 percent are obese. Saudi Arabia will continue to increase its expenditures for preventing and treating diabetes and lifestyle-related disorders. Diabetes, obesity, and cardiovascular disorders accounted for 25 to 35 percent of Saudi Arabia’s healthcare budget in 2020. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.

Based on Nature, the market is segmented into Conventional, and Organic. Based on Flavor, the market is segmented into Peppermint, Bubble Mint, Sweet Mint, Freeze Mint, and Others. Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Pharmacies, Convenience Store, Online Store, and Specialty Store. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Ferrero International S.A.
  • Mondelez International, Inc.
  • Nestle S.A.
  • Lotte Corporation
  • The Hershey Company
  • Mars, Inc.
  • Ricola Group Ltd.
  • Atkinson Candy Company
  • ChocZero, Inc.
  • Perfetti Van Melle Group B.V.

Market Report Segmentation

By Nature (Volume, Tonnes, USD Billion, 2019-2030)
  • Conventional
  • Organic
By Flavor (Volume, Tonnes, USD Billion, 2019-2030)
  • Peppermint
  • Bubble Mint
  • Sweet Mint
  • Freeze Mint
  • Others
By Distribution Channel (Volume, Tonnes, USD Billion, 2019-2030)
  • Hypermarket & Supermarket
  • Pharmacies
  • Convenience Store
  • Online Store
  • Specialty Store
By Country (Volume, Tonnes, USD Billion, 2019-2030)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Sugar Free Mints Market, by Nature
1.4.2 LAMEA Sugar Free Mints Market, by Flavor
1.4.3 LAMEA Sugar Free Mints Market, by Distribution Channel
1.4.4 LAMEA Sugar Free Mints Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Sugar Free Mints Market by Nature
4.1 LAMEA Conventional Market by Country
4.2 LAMEA Organic Market by Country
Chapter 5. LAMEA Sugar Free Mints Market by Flavor
5.1 LAMEA Peppermint Market by Country
5.2 LAMEA Bubble Mint Market by Country
5.3 LAMEA Sweet Mint Market by Country
5.4 LAMEA Freeze mint Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Sugar Free Mints Market by Distribution Channel
6.1 LAMEA Hypermarket & Supermarket Market by Country
6.2 LAMEA Pharmacies Market by Country
6.3 LAMEA Convenience Store Market by Country
6.4 LAMEA Online Store Market by Country
6.5 LAMEA Specialty Store Market by Country
Chapter 7. LAMEA Sugar Free Mints Market by Country
7.1 Brazil Sugar Free Mints Market
7.1.1 Brazil Sugar Free Mints Market by Nature
7.1.2 Brazil Sugar Free Mints Market by Flavor
7.1.3 Brazil Sugar Free Mints Market by Distribution Channel
7.2 Argentina Sugar Free Mints Market
7.2.1 Argentina Sugar Free Mints Market by Nature
7.2.2 Argentina Sugar Free Mints Market by Flavor
7.2.3 Argentina Sugar Free Mints Market by Distribution Channel
7.3 UAE Sugar Free Mints Market
7.3.1 UAE Sugar Free Mints Market by Nature
7.3.2 UAE Sugar Free Mints Market by Flavor
7.3.3 UAE Sugar Free Mints Market by Distribution Channel
7.4 Saudi Arabia Sugar Free Mints Market
7.4.1 Saudi Arabia Sugar Free Mints Market by Nature
7.4.2 Saudi Arabia Sugar Free Mints Market by Flavor
7.4.3 Saudi Arabia Sugar Free Mints Market by Distribution Channel
7.5 South Africa Sugar Free Mints Market
7.5.1 South Africa Sugar Free Mints Market by Nature
7.5.2 South Africa Sugar Free Mints Market by Flavor
7.5.3 South Africa Sugar Free Mints Market by Distribution Channel
7.6 Nigeria Sugar Free Mints Market
7.6.1 Nigeria Sugar Free Mints Market by Nature
7.6.2 Nigeria Sugar Free Mints Market by Flavor
7.6.3 Nigeria Sugar Free Mints Market by Distribution Channel
7.7 Rest of LAMEA Sugar Free Mints Market
7.7.1 Rest of LAMEA Sugar Free Mints Market by Nature
7.7.2 Rest of LAMEA Sugar Free Mints Market by Flavor
7.7.3 Rest of LAMEA Sugar Free Mints Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Ferrero International S.A.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.1.3 SWOT Analysis
8.2 Mondelez International, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Acquisition and Mergers:
8.2.5 SWOT Analysis
8.3 Nestle S.A
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Lotte Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 The Hershey Company
8.5.1 Company overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Acquisition and Mergers:
8.5.5 SWOT Analysis
8.6 Mars, Inc.
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Ricola Group Ltd.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Atkinson Candy Company
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 ChocZero, Inc.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Perfetti Van Melle Group B.V.
8.10.1 Company Overview
8.10.2 SWOT Analysis

Companies Mentioned

  • Ferrero International S.A.
  • Mondelez International, Inc.
  • Nestle S.A.
  • Lotte Corporation
  • The Hershey Company
  • Mars, Inc.
  • Ricola Group Ltd.
  • Atkinson Candy Company
  • ChocZero, Inc.
  • Perfetti Van Melle Group B.V.

Methodology

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