Global Sugar-free Chocolate Market – Overview
Rising health concerns and robust growth of healthy foods is supporting the growth of sugar-free chocolate on a global level. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Sugar-free Chocolate Market Research Report- Forecast to 2023’ that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.
Owing to increasing health awareness among the consumer’s, the demand for sugar-free and clean-labelled chocolate have increased. The sector is driven in a major way by the rising demand for healthy desserts with high nutritional value and low-calorie. Escalating popularity of low-caloric commodities is identified to boost the demand for sugar-free chocolate on a global platform. Increasing cases of diabetes among the consumers and rising obesity worldwide is also adding fuel to the growth of this market.
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Boost in health and wellness sectors is driving the sales of sugar-free chocolate on a global platform. However, the declining production of cocoa possess a major threat on this market. Economic as well as weather conditions plays vital role in the production of cocoa which is the key ingredient in sugar-free chocolate manufacturing. Unfavorable weather is the major cause for the declining production capacity of cocoa in several countries. Owning to this, production capacity of sugar-free premium chocolate is declining.
Latest Industry Updates
Dec 2017 Increasing health consciousness has raised the demand for healthy sweets in the market. In order to support the movement, Barry Callebaut developed a range of sugar reduced products in the global market.
Jun 2017 Russell Stover Candies, Inc. announced the launch of their sugar-free chocolate line in Chicago. The product is available in new varieties including pecan delights, mint patties, peanut butter cups and coconut.
Mar 2017 To support consumers’ growing inclination towards low-sugar consumption, KitKat maker Nestlé announced to be removing 10% of sugar from its chocolate in UK and Ireland from 2018.
Nov 2016 In order to encourage the consumption of low-caloric confectionery, Thai based company called Glico launched sugar-free chocolate product.
Global Sugar-free Chocolate Market - Competitive Analysis
With the entry of new industry players in the sugar-free chocolate segment, the demand from various food and beverage manufacturers have increased based on consumers trending demand for natural and chemical-free pure form of chocolates. Major strategy followed by the key players is identified to be increasing their production capacity as well as product promotions to spread awareness about the health benefits gained from sugar-free chocolate consumption. The best long-term growth opportunities for this sector can be captured by ensuring ongoing new product launch experimenting with new flavors and R&D investments.
The key players profiled in global sugar-free chocolate market report are Hershey (U.S.), Godiva Chocolatier (U.S.), Lindt & Sprüngli (France), Russell stover (U.S.), Ghirardelli Chocolate Company (U.S.), Thin (U.S.), and Guilin (Belgium) among many others.
Global Sugar-free Chocolate Market – Segments
The global sugar-free chocolate market has been divided into type, distribution channel, and region.
On The Basis Of Type: Dark, White, Milk, and Others
On The Basis Of Distribution Channel: Store Based, and Non-Store Based
On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.
Global Sugar-free Chocolate Market - Regional Analysis
The global Sugar-free chocolate market is segmented into Africa, America, and Rest of the World (RoW). Global sugar-free chocolate market is highly dominated by America due to high production capacity and cultivation of cocoa in the region. America is also fastest growing region due to changing lifestyle and increasing health awareness in the region. The production of sugar-free chocolate from the European region is anticipated to grow at a high rate in the upcoming years.
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Global Sugar-free Chocolate Market – OverviewRising health concerns and robust growth of healthy foods is supporting the growth of sugar-free chocolate on a global level.
Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Sugar-free Chocolate Market Research Report- Forecast to 2023’ that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.Owing to increasing health awareness among the consumer’s, the demand for sugar-free and clean-labelled chocolate have increased.
The sector is driven in a major way by the rising demand for healthy desserts with high nutritional value and low-calorie.
Increasing cases of diabetes among the consumers and rising obesity worldwide is also adding fuel to the growth of this market.Access Report Details @ https://www.marketresearchfuture.com/reports/sugar-free-chocolate-market-1700Boost in health and wellness sectors is driving the sales of sugar-free chocolate on a global platform.
Unfavorable weather is the major cause for the declining production capacity of cocoa in several countries.
Owning to this, production capacity of sugar-free premium chocolate is declining.Latest Industry UpdatesDec 2017 Increasing health consciousness has raised the demand for healthy sweets in the market.
Market HighlightsThe global plant-based snacks market is projected to register a significant growth rate of 8.02% from 2019 to 2024 to reach a market value of USD 34,276.8 Million by the end of 2024.
The demand for convenience foods such as snacks has been increasing at a high pace over the last decade.
The rising prevalence of illnesses such as diabetes, obesity, and cardiovascular diseases are driving the demand for healthy vegan and vegetarian snacks which, in turn, is propelling the growth of the global plant-based snacks market.The global plant-based snacks market has been segmented on the basis of product type, category, distribution channel, and regionBased on product type, the global plant-based snacks market has been divided into meat alternative snacks, cereal/grain-based snacks, fruit and nut snacks, plant-based snack bars, and others.
Increasing consumer awareness regarding the adverse effects of synthetic food ingredients is anticipated to drive the growth of the organic segment.Based on distribution channel, the global plant-based snacks market has been segmented into store-based and non-store-based.
The store-based segment has been further divided into supermarkets and hypermarkets, convenience stores, and others.
The mode also helps vendors create brand awareness.Key PlayersSome of the key players in the global plant-based snacks market are Blue Diamond Growers Inc. (US), Louisville Vegan Jerky Company (US), Conagra Brands, Inc. (US), Outstanding Foods, Inc. (US), Vegan Rob's (US), Amy's Kitchen (US), Unilever Group (UK), General Mills Inc. (US), Nestle S.A. (Switzerland), Louisville Vegan Jerky Co. (US), Primal Spirit Foods, Inc. (US), Eat Natural (UK), Green Park Snacks Ltd (UK), Siren Snacks Inc. (US), and Zellee Organic (US).Browse Full Report Details @ https://www.marketresearchfuture.com/reports/plant-based-snacks-market-7923Key DevelopmentsApril 2019: Eat Natural introduced a new plant-based snack bar in the UK market.
Market HighlightsThe Global Aloe Vera Derivatives Market is expected to register a CAGR of 6.4% to reach USD 4,059.63 Million by 2025.Aloe vera is a perennial succulent plant that is cultivated for its health and medicinal benefits.
Aloe vera and its derivatives are known for improving skin health, reducing the appearance of wrinkles, and helping control blood sugar levels.
The demand for aloe vera derivatives is also increasing due to the growth of the application industries.
Rising health consciousness around the world has resulted in a shift in consumer preference toward plant-based beverages.
Personal care is yet another prominent industry where aloe vera derivatives are widely used owing to rising awareness regarding the side effects of several chemical ingredients in cosmetics.
The gel segment accounted for the largest market share in 2018.
Market AnalysisThe global companion, animal healthcare market, is predicted to touch USD 20 billion at a 9.6% CAGR over the forecast period (2017-2023), as per the latest Market Research Future (MRFR) report.
A yearly veterinary checkup is one of the finest means of keeping the pet healthy.Various factors are propelling the companion animal healthcare market growth.
Additional factors pushing market growth include growing investments made by key players for developing advanced pet care solutions, increasing awareness about animal cruelty, advances in animal vaccines and health medicines, and increased types of medical treatment.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/1168Market SegmentationThe Market Research Future report provides a wide segmental analysis of the companion animal healthcare market based on end users, diagnostic tests, and product.Based on product, the companion animal healthcare market is segmented into vaccines, pharmaceuticals, and feed additives.
Of these, the pharmaceutical products segment will have the largest share in the market over the forecast period.
This is owing to rising zoonotic infections that is boosting the need for establishing point-of-care testing and diagnostics laboratories.Based on end users, the companion animal healthcare market is segmented into home care, veterinary clinics, and veterinary hospitals.
This is owing to the accessibility of a huge variety of diagnostic options.Regional AnalysisBased on the region, the companion animal healthcare market report covers the latest trends and growth opportunities across the Asia Pacific, Europe, the Americas, and the Middle East and Africa.
Market OverviewThe global organic saffron market size can reach a commendable value of USD 395.15 million by 2024.
Its use as an additive to provide color, aroma, and taste to foods can bode well for the market.
The willingness of consumers to attempt new dishes, emergence of malls, and new hangout places can offer new growth opportunities for the market.Skin care is a new niche and the presence of crocin and safranal in saffron can be used in treating various diseases in the healthcare sector.
Huge demand for organic and natural skin care products can act as a catalyst.
The outbreak of the COVID-19 pandemic can lead to shopping for saffron from online channels and provide it a stimulus during this period.Key PlayersEpicure Garden, Spicely Organics, Noor Brand Saffron, Frontier Natural Products Co-op., Rowhani Saffron Co., Valgosa S.L., Tatva Health & Wellness Private Limited, Alpen Food Group B.V., Mehr Saffron, and Organic India, Inc. are key players of the global organic saffron market.Market SegmentationThe global organic saffron market has been segmented by form and distribution channel.The global organic saffron market has been classified, based on form, into thread, powder, and liquid.The global organic saffron market has been divided, based on distribution channel, into store-based, non-store-based.
The store-based distribution channel segment is further segmented into supermarkets & hypermarkets, convenience stores, others.Access Report @ https://www.marketresearchfuture.com/reports/organic-saffron-market-3761Regional AnalysisThe global organic saffron market has been analyzed for four key regions—North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).APAC is touted to dominate the market over the forecast period owing to awareness of health benefits among the public.
Milk Powder Market:WiseGuyReports.com adds “Global Milk Powder Market Research Report 2020 Analysis and Forecast 2026” reports to its database.Executive SummaryGlobal Milk Powder Market is valued approximately at USD 30.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.4% over the forecast period 2020-2026.
Due to COVID-19 pandemic, the market has been facing the decline in consumption of dairy products because of temporary shutdown of hotels, restaurants and road side tea stalls etc.
Milk powder is produced by dehydration of milk and stored without substantial loss of quality due to a low water activity that hampers microbial metabolism, preferably for a significant amount of time.
Milk powder is obtained mainly by roller drying and spray drying methods and used as an ingredient for wide range of applications such as confectionaries, infant formulas, bakeries, and nutritional foods.
Due to the presence of low moisture content powdered milk has a longer shelf-life and can be stored at ambient temperatures as well as transported to remote locations without proper cold chain infrastructure.
The changes in eating habits and busy lifestyle, high nutritional value and growth of retail network in emerging economies are the few factors responsible for growth of the market over the forecast period.
