Global Sugar Free Mints Market Size, Share & Trends Analysis Report By Nature (Conventional, and Organic), By Flavor (Peppermint, Bubble Mint, Sweet Mint, Freeze Mint, and Others) By Distribution Channel, By Regional Outlook and Forecast, 2023 - 2030
The Global Sugar Free Mints Market size is expected to reach $1 billion by 2030, rising at a market growth of 5.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 7,223.24 tonnes, experiencing a growth of 6.1% (2019-2022).
The sweet and soothing flavor of mint has been associated with stress relief and relaxation. Thus, the sweet mint segment acquired $117.20 million in 2022. Also, the US market would consume 594.09 tonnes of sweet and soothing Sugar Free Mints by 2030. Sweet mint-flavored sugar-free mints offer a calming sensory experience, helping alleviate tension and promote well-being. Individuals may enjoy sweet mint mints as a convenient, portable, stress-relieving snack during busy or stressful periods.
Obesity is a major risk factor for developing diabetes and other chronic health conditions. As a result, individuals struggling with weight management often seek out low-calorie and sugar-free options to support their dietary goals. Therefore, the market is expanding significantly due to the increasing incidence of diabetes and obesity.
Additionally, Urbanization often leads to busier lifestyles, with individuals juggling work, school, and social commitments. As a result, there’s a higher demand for convenient and portable snack options that can be consumed on the go. Thus, because of the growing urbanization and on-the-go lifestyles, the sugar free mints market is anticipated to increase significantly.
However, Price-sensitive consumers may be reluctant to purchase sugar-free mints if they perceive them to be more expensive than traditional mints containing sugar. These consumers may prioritize affordability over other factors, such as health benefits or product quality, reducing sales volume and market demand for sugar-free mints. Thus, high price sensitivity can slow down the growth of the market.
By Nature Analysis
By nature, the market is categorized as organic and conventional. In 2022, the conventional segment held the highest 68% revenue share in the market. Conventional sugar-free mints are often more affordable than their organic counterparts, making them accessible to budget-conscious consumers.
By Flavor Analysis
Based on flavor, the market is classified into peppermint, sweet mint, bubble mint, freeze mint, and others. The bubble mint segment acquired a substantial 25% revenue share in the market in 2022. Bubble mint mints offer versatility beyond breath freshening. The fun and playful flavor profile suits them for snacking, stress relief, and flavor variety.
By Distribution Channel Analysis
On the basis of distribution channel, the market is divided into hypermarket & supermarket, pharmacies, specialty store, convenience store, and online store. In 2022, the hypermarket & supermarket segment dominated the market with 59% revenue share.
By Regional Analysis
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region led the market by generating 35.3% revenue share. With the rise of diet trends such as low-carb, keto, and paleo diets, North America has a greater emphasis on reducing sugar intake and managing weight.
List of Key Companies Profiled
- Ferrero International S.A.
- Mondelez International, Inc.
- Nestle S.A.
- Lotte Corporation
- The Hershey Company
- Mars, Inc.
- Ricola Group Ltd.
- Atkinson Candy Company
- ChocZero, Inc.
- Perfetti Van Melle Group B.V.
Global Sugar Free Mints Market Report Segmentation
By Nature (Volume, Tonnes, USD Billion, 2019-2030)
By Flavor (Volume, Tonnes, USD Billion, 2019-2030)
- Peppermint
- Bubble Mint
- Sweet Mint
- Freeze Mint
- Others
By Distribution Channel (Volume, Tonnes, USD Billion, 2019-2030)
- Hypermarket & Supermarket
- Pharmacies
- Convenience Store
- Online Store
- Specialty Store
By Geography (Volume, Tonnes, USD Billion, 2019-2030)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA