According to the research report titled ‘Global Sugar-free Confectionery Market Size study, by Product (Sweet & Candy Confectionery, Chocolate Confectionery and Others), by Distribution Channel (Hypermarkets & Supermarkets, Convenience & Drug Stores, Online & D2C and Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global sugar-free confectionery market was worth USD 1.88 billion in 2019 and is projected to record 5.1% CAGR, to be remunerated at USD 2.8 billion by the year 2027.
 

Surging demand for low-calorie and sugar-free products, increasing diabetes cases, and rising consumer health cognizance are the key factors stimulating global sugar-free confectionery market growth.
 

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According to International Diabetes Federation, there were 463 million diabetic patients globally in 2019 with 4.2 million associated deaths, and the figure predicted to grow to 700 million cases by 2045. As per Statista, global adult population with diabetes was about 9.3% in 2019 and is projected to grow to 11% by 2045.
 

For those unversed, sugar-free confectioneries are a healthier alternative to sugar-based confectioneries, since artificial sweeteners are used instead of sugar. These commodities are available in numerous variants like candy, chocolates, chewing gum, cookies, candy nuts, and other, with stylish packaging options, including sachets, boxes, and others.
 

On the downside, conventional sweetness in sugar-free confectionery is hard to attain and maintain, which is likely to negate the industry growth over the forecast period.
 

With respect to product type, global sugar-free confectionery market is classified into chocolate confectionery, sweet & candy confectionery, and others. Based on distribution channel, the industry is divided into online & D2C, convenience & drug stores, and hypermarkets & supermarkets.
 

Citing the regional terrain, North America presently holds considerable portion of global sugar-free confectionery industry share and is poised to showcase similar growth trends over 2020-2027, attributable to growing acceptance of new technology, increasing obesity rate in children, and rising diabetic cases in the region.
 

Major players in worldwide sugar-free confectionery market sphere are The Hershey Company, Sugarless Confectionery Company, See's Candy Shops Inc., Russell Stover Chocolates LLC, ROY Chocolatier, Lily’s Sweets LLC, Dr. John's Healthy Sweets, Diabetic Candy.com LLC, Asher's Chocolate Co., and Abdallah Candies Inc.