Diabetic Candy Market Share

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 expected to account for largest revenue share by 2036, 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.

Frequently Asked Questions (FAQ)

Rising awareness regarding sugar-free diet among consumers and increasing prevalence of diabetes and other chronic diseases are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Adverse side-effects associated with the use of the diabetic candy is estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing awareness about diabetic candy and increasing cases of diabetes in the region.

The major players dominating the diabetic candy market are Abdallah Candies Inc., Asherâ€™s Chocolate Co., Sugarless Confectionery, Diabetic Candy.com, LLC among others.

Diabetic Candy Market Share