Asia Pacific Sugar-free Confectionery Market Size & Outlook
Asia Pacific sugar-free confectionery market, 2016-2027 (US$M)
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Asia Pacific sugar-free confectionery market highlights
- The Asia Pacific sugar-free confectionery market generated a revenue of USD 379.1 million in 2019.
- The market is expected to grow at a CAGR of 6.3% from 2020 to 2027.
- In terms of segment, chocolate confectionary was the largest revenue generating product in 2019.
- Sweet & Candy Confectionery is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 379.1 million |
| Market revenue in 2027 | USD 619.9 million |
| Growth rate | 6.3% (CAGR from 2019 to 2027) |
| Largest segment | Chocolate confectionary |
| Fastest growing segment | Sweet & Candy Confectionery |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sweet & Candy Confectionery, Chocolate Confectionary |
| Key market players worldwide | Chocoladefabriken Lindt & Spruengli AG, Berkshire Hathaway Inc Class A, The Hershey Co, Phenox, Abdallah Candies, Asher's Chocolates, Dr. John's Healthy Sweets, Lily's Sweets, Roy Chocolate |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.2% of the global sugar-free confectionery market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 619.9 million by 2027.
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Sugar-free Confectionery Market Scope
Sugar-free Confectionery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific sugar-free confectionery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sugar-free confectionery market will help companies and investors design strategic landscapes.
Chocolate confectionary was the largest segment with a revenue share of 44.97% in 2019. Horizon Databook has segmented the Asia Pacific sugar-free confectionery market based on sweet & candy confectionery, chocolate confectionary covering the revenue growth of each sub-segment from 2016 to 2027.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific sugar-free confectionery market databook
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Our clientele includes a mix of sugar-free confectionery market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific sugar-free confectionery market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sugar-free confectionery market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific sugar-free confectionery market size, by country, 2016-2027 (US$M)
Asia Pacific Sugar-free Confectionery Market Outlook Share, 2019 & 2027 (US$M)
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