Email
Print
Sugar Free Lifesavers Market - By Product Type (Hard Candy, Gummies, Chewy Candy, etc.), By Ingredient (Fruit Extract, Cocoa Butter, Sugar Substitute, etc.), By Flavor (Cereals, Butterscotch, Mint, etc.), By End-Use Industry (Retail and Consumer Goods, Healthcare and Wellness, etc.), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030
Sugar Free Lifesavers Market Overview:
The Sugar Free Lifesavers Market is estimated to surpass 2.5 Billion in 2023 and estimated to rise to 3.1 by 2030 growing at an estimated CAGR of more than 4.5% during the forecast period 2023 to 2030. Sugar Free LifeSavers are a sugar-free variant of the classic LifeSavers candy. They are typically available in a variety of flavors, such as peppermint, cherry, watermelon, and fruit assortment. These candies are marketed as a sugar-free alternative for individuals who want to limit their sugar intake.
Sugar-free candies, including Sugar Free LifeSavers, have gained popularity among consumers who are conscious of their sugar intake, following trends in health and wellness. The demand for sugar-free alternatives has been driven by various factors, including rising health concerns related to excessive sugar consumption, the increasing prevalence of diabetes, and the growing interest in low-carbohydrate and keto-friendly diets.
The Sugar Free LifeSavers market may vary based on geographical location and consumer preferences. Major markets for these products tend to include North America, Europe, and other regions with health-conscious consumers. Additionally, the availability and popularity of sugar-free candies are often influenced by factors such as marketing strategies, distribution channels, pricing, and consumer awareness.
Market Snapshot:
-
Sugar Free Lifesavers Market - Report Coverage:
The “Sugar Free Lifesavers Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Sugar Free Lifesavers Market.
Sugar Free Lifesavers Market - Top Trends
Increasing Health Consciousness: As consumers become more health-conscious, there has been a growing demand for sugar-free and reduced-sugar alternatives. People are actively seeking out products that offer lower sugar content without compromising taste.
Rising Prevalence of Diabetes and Obesity: The increasing prevalence of diabetes and obesity has further fueled the demand for sugar-free candies. Diabetic individuals and those watching their weight often turn to sugar-free options to satisfy their cravings without impacting their health.
Low-Carb and Keto-Friendly Diets: The popularity of low-carbohydrate and ketogenic diets has surged in recent years. These diets emphasize minimizing sugar and carbohydrate intake, making sugar-free candies, including Sugar Free LifeSavers, appealing to individuals following such dietary lifestyles.
Product Innovation: Manufacturers have been continuously developing new sugar-free candy products to cater to consumer preferences. This includes expanding flavor options, introducing novel ingredients, and improving the taste and texture of sugar substitutes used in the candies.
Retail Distribution and E-commerce: Sugar-free candies are typically available in various retail channels, including supermarkets, convenience stores, and specialty health food stores. With the rise of e-commerce, online platforms have become an important distribution channel for sugar-free candy brands, offering consumers greater accessibility and convenience.
The Sugar Free Lifesavers Market - Company Analysis
Research studies indicate that companies are increasingly investing in the research & development to improve their technology and stay ahead of their competitors.
The Hershey Company: The Hershey Company is a prominent player in the confectionery market, offering a wide range of products, including sugar-free candies. Their sugar-free options cater to consumers looking for reduced-sugar alternatives.
Mars, Incorporated (Wrigley): Wrigley, a subsidiary of Mars, Incorporated, produces Sugar Free LifeSavers. Mars, Incorporated is a global food company with a diverse portfolio of confectionery brands.
Nestlé: Nestlé is a multinational food and beverage company that manufactures and markets a variety of confectionery products. They have a presence in the sugar-free candy market with brands like Nestlé Crunch sugar-free bars and sugar-free versions of their popular candies.
Russell Stover Chocolates: Russell Stover Chocolates is a renowned chocolatier known for its sugar-free chocolates and candies. They offer a range of sugar-free options to cater to consumers with dietary restrictions or those seeking lower-sugar treats.
The Sugar Free LifeSavers market is a segment within the larger sugar-free candy market. Sugar-free candies, including Sugar Free LifeSavers, have gained popularity due to increasing health consciousness, the rising prevalence of diabetes and obesity, and the popularity of low-carb and keto-friendly diets. Consumers seek sugar-free alternatives that offer reduced sugar content without compromising taste.
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies players in the Sugar Free Lifesavers Market adopt. The top 10 companies in Sugar Free Lifesavers Market are listed below:
- The Hershey Company
- Mars
- Nestlé
- Mondelēz International
- Ferrero
- Perfetti Van Melle
- The Kraft Heinz Company
- Jelly Belly Candy Company
- Russell Stover Chocolates
- Albanese Confectionery Group, Inc
Scope of the Report:
For more Energy and Power related reports, please click here
1. Sugar Free Lifesavers Market Overview
1.1 Definitions and Scope
2. Sugar Free Lifesavers Market – Executive Summary
3. Sugar Free Lifesavers Market – Market Landscape
3.1 Company Benchmarking – Key Companies
3.2 Key Company Financial Analysis
3.3 Market Share Analysis – Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Sugar Free Lifesavers Market – Startup Company Scenario (Premium)
4.1 Investment
4.2 Revenue
4.3 Venture Capital and Funding Scenario
5. Sugar Free Lifesavers Market – Market Entry Scenario Premium (Premium)
5.1 Regulatory Scenario
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Sugar Free Lifesavers Market – Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porter’s Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Customers
6.3.3 Threat of New Entrants
6.3.4 Rivalry Among Existing Players
6.3.5 Threat of Substitutes
7. Sugar Free Lifesavers Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle Analysis
8. Sugar Free Lifesavers Market – By Product Type (Market Size - $Million/$Billion)
8.1 Hard Candy
8.1.1 Market Trends by Region
8.1.2 Market Share & Forecast by Region
8.2 Gummies
8.2.2 Market Trends by Region
8.2.3 Market Share & Forecast by Region
8.3 Chewy Candy
8.3.2 Market Trends by Region
8.3.3 Market Share & Forecast by Region
8.4 Fruit Chews
8.4.1 Market Trends by Region
8.4.2 Market Share & Forecast by Region
8.5 Other Product Types
9. Sugar Free Lifesavers Market –By Ingredient (Market Size - $Million/$Billion)
9.1 Fruit Extract
9.1.1 Market Share & Forecast by Region
9.1.2 Market Share & Forecast by Region
9.2 Cocoa Butter
9.2.1 Market Trends by Region
9.2.2 Market Share & Forecast by Region
9.3 Sugar Substitute
9.3.1 Market Trends by Region
9.3.2 Market Share & Forecast by Region
9.4 Food Color
9.4.1 Market Trends by Region
9.4.2 Market Share & Forecast by Region
9.5 Others
10. Sugar Free Lifesavers Market – By Flavor: (Market Size - $Million/$Billion)
10.1 Caramel
10.1.1 Market Trends by Region
10.1.2 Market Share & Forecast by Region
10.2 Butterscotch
10.2.1 Market Trends by Region
10.2.2 Market Share & Forecast by Region
10.3 Mint
10.3.1 Market Trends by Region
10.3.2 Market Share & Forecast by Region
10.4 Orange
10.4.1 Market Trends by Region
10.4.2 Market Share & Forecast by Region
10.5 Coffee
10.5.1 Market Trends by Region
10.5.2 Market Share & Forecast by Region
10.6 Pineapple
10.6.1 Market Trends by Region
10.6.2 Market Share & Forecast by Region
10.7 Others
11. Sugar Free Lifesavers Market – By End-Use Industry: (Market Size - $Million/$Billion)
11.1 Retail and Consumer Goods
11.1.1 Market Trends by Region
11.1.2 Market Share & Forecast by Region
11.2 Healthcare and Wellness
11.2.1 Market Trends by Region
11.2.2 Market Share & Forecast by Region
11.3 Hospitality and Food Service
11.3.1 Market Trends by Region
11.3.2 Market Share & Forecast by Region
11.4 Corporate and Workplace
11.4.1 Market Trends by Region
11.4.2 Market Share & Forecast by Region
11.5 Travel and Tourism
11.5.1 Market Trends by Region
11.5.2 Market Share & Forecast by Region
11.6 Others
12. Sugar Free Lifesavers Market – by Geography (Market Size - $Million/$Billion)
12.1 North America
12.1.1 U.S.
12.1.2 Canada
12.1.3 Mexico
12.2 Europe
12.2.1 Germany
12.2.2 France
12.2.3 U.K.
12.2.4 Italy
12.2.5 Spain
12.2.6 Russia
12.2.7 Rest of Europe
12.3 Asia-Pacific
12.3.1 China
12.3.2 Japan
12.3.3 South Korea
12.3.4 India
12.3.5 Australia & New Zealand
12.3.6 Rest of Asia-Pacific
12.4 South America
12.4.1 Brazil
12.4.2 Argentina
12.4.3 Chile
12.4.4 Colombia
12.4.5 Rest of South America
12.5 Rest of the World
12.5.1 Middle East
12.5.2 Africa
13. Sugar Free Lifesavers Market – Market Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships
14. Sugar Free Lifesavers Market – Industry Competition Landscape (Premium)
14.1 Market Share Analysis
14.1.1 Market Share by Technology – Key Companies
14.1.2 Market Share by Country – Key Companies
14.1.3 Market Share by Region – Key Companies
14.2 Competition Matrix
14.3 Best Practices for Companies
15. Sugar Free Lifesavers Market – Key Company List by Country Premium (Premium)
16. Sugar Free Lifesavers Market – Company Analysis
16.1 The Hershey Company
16.2 Mars
16.3 Nestlé
16.4 Mondelēz International
16.5 Ferrero
16.6 Perfetti Van Melle
16.7 The Kraft Heinz Company
16.8 Jelly Belly Candy Company
16.9 Russell Stover Chocolates
16.10 Albanese Confectionery Group, Inc
16.11 American Licorice Company
16.12 Asher's Chocolate Co.
16.13 SmartSweets
16.14 Hillside Candy
16.15 Haribo GmbH & Co. KG
16.16 GoLightly Sugar-Free Candy
16.17 Just Born Quality Confections
16.18 The J.M. Smucker Company
16.19 Werther's Original
16.20 Sweet 'N Low
* "Financials would be provided to private companies on best-efforts basis."
Connect with our experts to get customized reports that best suit your requirements. Our reports include global-level data, niche markets and competitive landscape.
The Sugar Free Lifesavers Market is forecast to grow at 4.5% during the forecast period 2023-2030.
The Global Sugar Free Lifesavers Market size is estimated to be $2.5 Billion in 2023 and is projected to reach $ 3.1 Billion by 2030.
The leading players in the Sugar Free Lifesavers Market are The Hershey Company, Mars, Nestlé, Mondelēz International, Ferrero and others.