Sugar free cookies Market By Product (Bar, Molded, Rolled, Drop, Others), By Type (Chocolate Chip, Peanut Butter, Gingerbread, Oatmeal Raisin, Others), By Sweetener (Sucralose, Aspartame, Saccharin, Acesulfame Potassium, Others), By Nature (Organic, Conventional): Global Opportunity Analysis and Industry Forecast, 2021-2031
The sugar free cookies market size was valued at $ 5,502.5 million in 2021 and is estimated to reach $ 10,276.7 million by 2031, registering a CAGR of 6.7% from 2022 to 2031. Cookies are the most common dessert snacks consumed globally. They are made up of flour, butter, and sugar. Owing to rise in awareness of health, consumers have shifted their preference for a healthy diet, which led manufacturers to focus on sugar free cookies. These sugar free cookies are flavored similarly to regular cookies to provide consumers with the same taste however with artificial sweeteners.
The rise in the incidences of diabetes has led consumers to shift toward sugar free cookies since high sugar intake is the major cause of diabetes. High diabetes can result in various diseases such as cardiovascular diseases, kidney damage, eye damage, hearing impairment, and others. As per the “National Diabetes Statistics Report” 2020, 34.5 million people or 10.5% of the US population had diabetes. With an increase in age the percentage of adults having diabetes also increase. The rise in the count of people having diabetes will be a factor for the growth of the market during the forecast period since sugar free products are helpful in maintaining blood sugar levels and calorie intake.
The rising trend toward maintaining a healthy lifestyle and weight loss can drive the growth of the market since sugar free cookies are a great option as they offer low-calorie intake with the same taste. Along with this increased incidence of obesity and overweight are also the reason for the growth of the market. As per the report of the UK government in the year to November 2020, 62.8% of adults (people aged 18 and over) were overweight or obese. There is an increase of 23% in comparison to 2017/18 when there were 711 thousand hospital admissions where obesity was a factor. Since obesity can lead to several serious diseases such as high blood pressure, heart disease, stroke, and others.
High prices of sugar free cookies can restrain the market from growing since they are comparatively expensive than normal cookies and it can put weight on the pocket of the consumer. Many manufacturers use artificial sweeteners for the taste in the cookies such as sucralose, aspartame, saccharin, and others, which can affect appetite and metabolism and can cause health issues. According to the report of the U.S. Department of Health & Human Services “high levels of amino acid in body fluids can cause brain damage. Therefore, FDA has ruled that all products containing aspartame must include a warning to phenylketonurics that the sweetener contains phenylalanine.”
Owing to the side effects of artificial sweeteners, manufacturers are focusing on the manufacturing of sugar free cookies organically. As organic products do not have a side-effect on health. They can provide a great opportunity to the manufacturers to uplift their share in the market since consumers are inclining more toward organic products.
The sugar free cookies market is segmented on the basis of product, type, sweetener, nature, and region. By product, the sugar free cookies market is classified into bar, molded, rolled, drop, and others. By type, the market is categorized into chocolate chip, peanut butter, gingerbread, oatmeal raisin, and others. By sweetener, the market is fragmented into sucralose, aspartame, saccharin, acesulfame potassium, and others. By nature, the market is divided into organic and conventional. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sugar free cookies market analysis from 2021 to 2031 to identify the prevailing sugar free cookies market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the sugar free cookies market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global sugar free cookies market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Sweetener
Sucralose
Aspartame
Saccharin
Acesulfame Potassium
Others
By Nature
Organic
Conventional
By Product
Bar
Molded
Rolled
Drop
Others
By Type
Chocolate Chip
Peanut Butter
Gingerbread
Oatmeal Raisin
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest Of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest Of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Argentina
Rest Of LAMEA
Key Market Players
Aunt Gussie's Cookies & Crackers
Baker Street
Bisk Farm
burton's biscuit company
Diabliss Consumer Products Pvt., Ltd.
Fat Snax
galletas gullon, s.a.
Good Dees
helwa wafelbakkerij bv
Kravour Food Pvt., Ltd.
Nutri Value
NutroActive
Unibic
Voortman Bakery
Wellversed
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