Sugar 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.
