Sugar Free Chocolate 2017 Global Market to Reach US$ 5.84 Billion and Growing at CAGR of 6.85% by 2023

“Sugar Free Chocolate Market 2017”
WiseGuyReports.Com Publish a New Market Research Report On -“Sugar Free Chocolate 2017 Global Market to Reach US$ 5.84 Billion and Growing at CAGR of 6.85% by 2023”.

                           

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. 

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. 
The Global Sugar free chocolate market is segmented on the basis of main ingredients such as Cocoa beans, Sugar Substitute, Cocoa butter, fat & oil, Cocoa liquor and others. Cocoa beans segment is anticipated to account the maximum market proportion in the Global Sugar free chocolate market throughout the forecast period of 2017-2023. The segment is projected to reach to USD 2.18 Billion by the end of 2023. However, Cocoa butter, fat & oil will grow at a highest CAGR 7.04%.

 

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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. 
Regional and Country Analysis of Sugar free chocolate market development and demand forecast to 2023 Market 

As per the Researcher, Global Sugar free chocolate market is projected to witness at the CAGR of 6.85 % and it is projected to reach USD 5.84 Billion during the period of 2017 to 2023. Europe region is anticipated to account the maximum market share in the Global Sugar free chocolate market throughout the forecast period of 2017-2027. The region is projected to reach USD 2.19 Bn by the end of 2023. The Asia Pacific region is projected to register the higher growth rate 6.97 % during the forecast period of 2017 to 2027. North America is projected to witness the growth of 6.93% in the Global Sugar free chocolate market during the period of 2017-2023. 

The reports also cover country level analysis: 
• North America 
o US 
o Canada 
o Mexico

• Europe 
o Germany 
o U.K. 
o France 
o Italy 
o Rest of Europe

• Asia – Pacific 
o China 
o India 
o Thailand 
o Others

• RoW 
o Latin America 
o Middle East 
o Others

 

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Table Of Contents – Major Key Points

1 Report Prologue 15 

2 Introduction 16 
    2.1 Definition 16 
      2.1.1 Chocolate 16 
      2.1.2 Sugar-free Chocolate 16 
    2.2 Scope of the Study 17 
      2.2.1 Research Methodology 17 
    2.3 Assumptions 17 
    2.4 Limitations 17 
    2.5 Market Structure 18 

3 Research Methodology 19 
    3.1 Research Process 19 
    3.2 Research Process of MRFR 20 
    3.3 Primary Research 20 
    3.4 Secondary Research 22 
    3.5 Forecast Model 23 

4 Premium Insights 24 
    4.1 Global Sugar free chocolate Market: Market Mapping & Research Methodology 24 
    4.2 Market Overview: Global Sugar Free Chocolate Market 25 
    4.3 Industry Trends and Market Environment: Global Sugar Free Chocolate Market 25 

5 Market Dynamics 27 
    5.1 Introduction 27 
    5.2 Drivers 28 
      5.2.1 Increasing demand for sugar free convenience food 28 
          5.2.1.1 Increasing Disposable Incomes 28 
          5.2.1.2 Growing Working Women Population 29 
          5.2.1.3 Strong Performance Of Retail Sector 29 
      5.2.2 Growing consumer awareness 30 
      5.2.3 Premium chocolate bars, and innovative chocolate products that use combinations of premium or healthy ingredients. 30 
      5.2.4 Dark chocolates as stress buster: 31 
    5.3 Restraints 32 
      5.3.1 Rising cocoa bean prices 32 
      5.3.2 Gap Between Consumption And Production Of Cocoa Bean 32 
      5.3.3 Functional defaults 33 
    5.4 Opportunity 33 
      5.4.1 Advertising will spur the sales of sugar-free chocolate 33 
      5.4.2 Innovations and new product developments out of growing health concerns 34 
      5.4.3 Increasing disposable income especially in developing countries 34 
      5.4.4 Coconut oil enriched chocolate to help fight diabetes 35 
    5.5 Challenges 35 
      5.5.1 Sugar Free Side Effects 35 
          5.5.1.1 Maltitol Side Effects 36 

6 Mega Trends 37 
    6.1 Sugar free chocolate will fuel next wave of growth 37 
    6.2 Trade (Import-export) Analysis 37 
    6.3 Innovations in Process/Application 39 
    6.4 Patent Analysis 41 
    6.5 Macroeconomic indicators analysis 41 

7 Market Factor Analysis 46 
    7.1 Introduction 46 
    7.2 Value Chain Analysis 46 
    7.3 Supply Chain analysis 47 
    7.4 Porter’s Five Forces 48 
      7.4.1 Porter’s 5 Forces Analysis: Sugar free chocolate 49 
      7.4.2 Threat of New Entrants 50 
      7.4.3 Threat of Substitutes 50 
      7.4.4 Bargaining Power of Buyers 51 
      7.4.5 Bargaining Power of Suppliers 51 
      7.4.6 Intensity of Rivalry 51 

8 Market Analysis 53 
    8.1 Introduction 53 

9 Global Sugar Free Chocolate Market, By Main Ingredients 54 
      9.1.1 Global Sugar Free Chocolate Market, By Main Ingredients 54 
          9.1.1.1 Cocoa beans 54 
          9.1.1.2 Sugar Substitute 54 
          9.1.1.3 Cocoa butter, fat & oil 54 
          9.1.1.4 Cocoa liquor 54 
          9.1.1.5 Others 54 

Continue…….

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