The following companies as the key players in the global sugar-free confectionery market: Chocoladefabriken Lindt & Sprüngli, Mars, Mondelēz International, and The Hershey Company.

 

Other Prominent Vendors in the market are: AUGUST STORCK, EZAKI GLICO, Ferrero, HARIBO, Meiji Holdings, Nestlé, Sulá, The Sugarless Co., and YILDIZ HOLDING.

 

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Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rising trend toward health and wellness activities. Sugar confectionery though attractive and sweet, poses a threat to the consumers as its consumption leads to obesity and diabetes. Efforts to lose weight and reduce the cholesterol content and sugar content, to prevent diabetes, are increasing the sugar-free confectionery products consumption and hence, is a growing trendsetter for the market.”

 

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According to the report, one of the major drivers for this market is Rise in disposable income. Steady economic growth and development, especially in APAC, MEA, and Latin America, has resulted in higher incomes of the consumers. India, China, Brazil, Indonesia, Nigeria, Argentina, Hungary, Iran, and Turkey are the forerunners when it comes to the rising disposable incomes of consumers.

 

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Further, the report states that one of the major factors hindering the growth of this market is Growing popularity of dark chocolate. The rising popularity of dark chocolate has become a real challenge for both manufacturers as well as distributors in the sugar-free confectionery market. Health-conscious consumers have found an equivalent replacement in the form of dark chocolate. Dark chocolate, due to its nutrition content and convenience, has become an indulgence product among the consumers and has surged in popularity over the last 5 years. Besides, dark chocolate is recognized for controlling cardiac diseases and cholesterol-related problems due to the presence of antioxidants.

 

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

 

About Alcoholic Drinks

 

Alcohol beverages can be classified into five product categories: beer, wine, spirits, cider, and ready-to-drink (RTD) pre-mixes. RTD pre-mixes have the least percent of alcohol, in terms of volume, than all other alcoholic drinks. In terms of volume, the consumption of beer is the highest among all other alcoholic drinks. Beer is prepared using a mixture of barley and wheat, and sprouted and roasted into malt. After this, it is cooked, fermented, and finally, flavored with hops.

 

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