Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Sugar Free Candy Market size was valued at USD 2.43 billion in 2024 and is expected to reach USD 4.76 billion by 2037, expanding at around 5.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of sugar free candy is assessed at USD 2.54 billion.
The rapid accelerating trend of healthy eating and an increasing prevalence of diabetes among adults and children has resulted in a growing demand for sugar-free products such as sugar free candy. Apart from diabetes, the consumption of the high amount of sugar is related with the incidences of several other diseases that include obesity, and other cardiovascular diseases, these are major factors that are surging the demand for sugar free candy market across the globe. An increasing number of diabetic cases has also created an enormous opportunity for sugar-free confectionery. According to the data collected from American Diabetes Association, in 2018, 34.2 million Americans, or 10.5% of the population, had diabetes in the country. The growth is attributed to the widespread impression that the sugar-free version of the products is healthier than the conventional counterparts.
Over the past few years, health organizations approved the incorporation of sugar substitutes, such as saccharin, aspartame, acesulfame, sucralose, stevia, sorbitol, and hydrogenated starch hydrolysates. As a result, sugar-free confectionery manufacturers are expected to increase spending on incorporating the above-mentioned alcohol ingredients into the finished goods. The growing healthcare expenditure globally has resulted in the growth of the market, the investments in production of diabetic candies, health conscious consumers are leading to market growth. Moreover, increasing social media penetration and with that awareness about diabetic candies is increasing, this in turn has resulted in the overall sugar free candy market growth.
Sugar Free Candy Sector: Growth Drivers and Challenges
Growth Drivers
- Rising awareness regarding sugar-free diet among consumers
- Increasing prevalence of diabetes and other chronic diseases
Challenges
- Adverse side-effects associated with the use
Sugar Free Candy Market: Key Insights
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
5.3% |
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Base Year Market Size (2023) |
USD 2.31 billion |
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Forecast Year Market Size (2036) |
USD 4.52 billion |
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Regional Scope |
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Sugar Free Candy Segmentation
The sugar free candy market is segmented based on sweetening agent into natural and synthetic, out of which, the synthetic segment is anticipated to grab the largest share by the end of 2021 on account of increased demand which has driven manufacturers to provide sugar-free alternatives in their product. Moreover, natural sweeteners are widely being adopted as an adjuvant sweetening agent as these are considered healthier and is projected to contribute to the growth of the segment during the forecast period.
On the basis of distribution channel, the supermarkets and hypermarkets segment in the global sugar free candy market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the one-stop shopping experience these channels offer to their customers. These big-box stores provide consumers with all the goods they require under one roof.
Our in-depth analysis of the global sugar free candy market includes the following segments
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By Sweetening Agent |
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By Distribution Channel |
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Customize this ReportSugar Free Candy Industry - Regional Synopsis
APAC Market Statistics
Geographically, the sugar free candy market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. Asia Pacific industry is set to hold largest revenue share by 2037, owing to increasing awareness about sugar free candy and increasing cases of diabetes in the region. The growth can also be attributed to the increased willingness to pay a premium price for confectionery products among the middle-class population in emerging economies, such as China and India, as the overall income increases in these countries.
North America Market Analysis
Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to the growing obesity and chronic diseases issues in the region, especially United States. Furthermore, increased awareness among buyers regarding sugar-free alternatives among health-conscious consumers of the U.S. and Canada is expected to remain a favourable factor for the regional market growth.
Companies Dominating the Sugar Free Candy Landscape
- Dr. John's Healthy Sweets LLC
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Abdallah Candies Inc.
- Asher’s Chocolate Co.
- Sugarless Confectionery
- Sugar free candy.com, LLC
- Russell Stover Chocolates, Inc.
In the News
- January 2020: Russell Stover Chocolates Inc. announced that it plans to expand facilities in Corsicana, TX, and Abilene and Iola, KS, aiming to add approximately 300 jobs in total in these three locations.
- May 2019: The maker of Dr. John’s sugar-free sweets opens Michigan factory, in the United States, the investment in 22,000-sq.-ft. facility totaled $2.3 million.
Author Credits: Radhika Pawar
- Report ID: 3167
- Published Date: Dec 24, 2024
- Report Format: PDF, PPT
