Market Overview:
The global no sugar added chocolate market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about healthy eating habits and rising demand for healthier snacks among consumers. In addition, the growing trend of snacking is also contributing to the growth of this market. On the basis of type, dark chocolate is expected to account for a major share of the global no sugar added chocolate market during the forecast period. This can be attributed to its health benefits such as improved heart health and reduced risk of cancer. Milk chocolate is also anticipated to witness significant growth during the forecast period, owing to its taste and flavor profile that appeals to a large number of consumers across different regions.
Product Definition:
No Sugar Added Chocolate is a chocolate that has had all of the sugar removed. This makes it a good choice for people who are diabetic or who are trying to limit their sugar intake.
Dark Chocolate:
Chocolate is a food product prepared from cocoa seeds. It has been used for its taste and health benefits. The main function of chocolate is to bring happiness, warmth, and comfort. It also helps in reducing stress, improving concentration, boosting metabolism along with lowering blood pressure levels.
Milk Chocolate:
Milk chocolate is a type of chocolate made with milk powder, cocoa butter, and sugar. It has a higher percentage of cocoa than dark chocolate. The main reason for its popularity is that it contains almost no saturated fat and no cholesterol.
It also provides the same amount of calcium as an equal serving of milk, which makes it popular among women who are trying to get pregnant or those who want to breastfeed their babies.
Application Insights:
The global no sugar added chocolate market has been segmented on the basis of application into supermarket, convenience store, online sales and others. The other applications include foodservice, bakery and confectionery products. Convenience stores are expected to be the fastest-growing segment over the forecast period owing to increasing demand for low-calorie food products with similar or identical nutritional properties as those of full-calorie counterparts but without exceeding calorie intake limits for maintaining a healthy lifestyle.
Supermarkets were estimated as the largest single application in 2015 accounting for more than 50% of total industry revenue due to high product availability at lower prices compared to convenience stores or online sales. Moreover, supermarkets have greater purchasing power allowing manufacturers greater discounts which further drives upmarket growth in this sector.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to rising consumption of sugar substitutes in countries, such as the U.S., Canada, and Mexico.
Growth Factors:
- Increasing awareness about the health benefits of consuming chocolate without sugar added is likely to drive the growth of this market in the coming years.
- Growing demand for healthy and nutritious snacks is another key factor that is expected to fuel the growth of this market in the near future.
- Rising disposable income of consumers across regions is anticipated to boost sales of no sugar added chocolates in the coming years.
- Rapid urbanization and growing population are other major factors that are projected to contribute significantly towards the growth of this market over the next few years. 5) The increasing popularity of dark chocolate among health-conscious consumers is also expected to propel demand for no sugar added chocolates in forthcoming years
Scope Of The Report
Report Attributes
Report Details
Report Title
No Sugar Added Chocolate Market Research Report
By Type
Dark Chocolate, Milk Chocolate, Other,
By Application
Supermarket, Convenience Store, Online Sales, Other,
By Companies
Lindt & Sprungli (Russell stover), Hershey, Godiva Chocolatier, Lily's, Pobeda, Ghirardelli Chocolate, Sweet-Switch, HFB, Cavalier, Pascha Chocolate, Klingele Chocolade, The Margaret River Chocolate Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global No Sugar Added Chocolate Market Report Segments:
The global No Sugar Added Chocolate market is segmented on the basis of:
Types
Dark Chocolate, Milk Chocolate, Other,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Convenience Store, Online Sales, Other,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lindt & Sprungli (Russell stover)
- Hershey
- Godiva Chocolatier
- Lily's
- Pobeda
- Ghirardelli Chocolate
- Sweet-Switch
- HFB
- Cavalier
- Pascha Chocolate
- Klingele Chocolade
- The Margaret River Chocolate Company
Highlights of The No Sugar Added Chocolate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dark Chocolate
- Milk Chocolate
- Other
- By Application:
- Supermarket
- Convenience Store
- Online Sales
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the No Sugar Added Chocolate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
No Sugar Added Chocolate is a chocolate that does not contain any added sugar.
Some of the key players operating in the no sugar added chocolate market are Lindt & Sprungli (Russell stover), Hershey, Godiva Chocolatier, Lily's, Pobeda, Ghirardelli Chocolate, Sweet-Switch, HFB, Cavalier, Pascha Chocolate, Klingele‚Â Chocolade, The Margaret River Chocolate Company.
The no sugar added chocolate market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. No Sugar Added Chocolate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. No Sugar Added Chocolate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. No Sugar Added Chocolate Market - Supply Chain
4.5. Global No Sugar Added Chocolate Market Forecast
4.5.1. No Sugar Added Chocolate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. No Sugar Added Chocolate Market Size (000 Units) and Y-o-Y Growth
4.5.3. No Sugar Added Chocolate Market Absolute $ Opportunity
5. Global No Sugar Added Chocolate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. No Sugar Added Chocolate Market Size and Volume Forecast by Type
5.3.1. Dark Chocolate
5.3.2. Milk Chocolate
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global No Sugar Added Chocolate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. No Sugar Added Chocolate Market Size and Volume Forecast by Application
6.3.1. Supermarket
6.3.2. Convenience Store
6.3.3. Online Sales
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global No Sugar Added Chocolate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. No Sugar Added Chocolate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global No Sugar Added Chocolate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. No Sugar Added Chocolate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global No Sugar Added Chocolate Demand Share Forecast, 2019-2026
9. North America No Sugar Added Chocolate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America No Sugar Added Chocolate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America No Sugar Added Chocolate Market Size and Volume Forecast by Application
9.4.1. Supermarket
9.4.2. Convenience Store
9.4.3. Online Sales
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America No Sugar Added Chocolate Market Size and Volume Forecast by Type
9.7.1. Dark Chocolate
9.7.2. Milk Chocolate
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America No Sugar Added Chocolate Demand Share Forecast, 2019-2026
10. Latin America No Sugar Added Chocolate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America No Sugar Added Chocolate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America No Sugar Added Chocolate Market Size and Volume Forecast by Application
10.4.1. Supermarket
10.4.2. Convenience Store
10.4.3. Online Sales
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America No Sugar Added Chocolate Market Size and Volume Forecast by Type
10.7.1. Dark Chocolate
10.7.2. Milk Chocolate
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America No Sugar Added Chocolate Demand Share Forecast, 2019-2026
11. Europe No Sugar Added Chocolate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe No Sugar Added Chocolate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe No Sugar Added Chocolate Market Size and Volume Forecast by Application
11.4.1. Supermarket
11.4.2. Convenience Store
11.4.3. Online Sales
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe No Sugar Added Chocolate Market Size and Volume Forecast by Type
11.7.1. Dark Chocolate
11.7.2. Milk Chocolate
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe No Sugar Added Chocolate Demand Share, 2019-2026
12. Asia Pacific No Sugar Added Chocolate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific No Sugar Added Chocolate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific No Sugar Added Chocolate Market Size and Volume Forecast by Application
12.4.1. Supermarket
12.4.2. Convenience Store
12.4.3. Online Sales
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific No Sugar Added Chocolate Market Size and Volume Forecast by Type
12.7.1. Dark Chocolate
12.7.2. Milk Chocolate
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific No Sugar Added Chocolate Demand Share, 2019-2026
13. Middle East & Africa No Sugar Added Chocolate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa No Sugar Added Chocolate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa No Sugar Added Chocolate Market Size and Volume Forecast by Application
13.4.1. Supermarket
13.4.2. Convenience Store
13.4.3. Online Sales
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa No Sugar Added Chocolate Market Size and Volume Forecast by Type
13.7.1. Dark Chocolate
13.7.2. Milk Chocolate
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa No Sugar Added Chocolate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global No Sugar Added Chocolate Market: Market Share Analysis
14.2. No Sugar Added Chocolate Distributors and Customers
14.3. No Sugar Added Chocolate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lindt & Sprungli (Russell stover)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hershey
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Godiva Chocolatier
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lily's
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pobeda
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ghirardelli Chocolate
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sweet-Switch
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HFB
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cavalier
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pascha Chocolate
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Klingele Chocolade
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. The Margaret River Chocolate Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook