Global Sugar Free Chocolate Market to See 6.85% CAGR through 2023, Predicts MRFR in Its Topical Report Available at MarketPublishers.com
01 Nov 2017 • by Natalie Aster
LONDON – The trend towards healthier lifestyle and food continues to gain traction worldwide and is considerably influencing consumer purchasing habits. Therefore, the demand for sugar free chocolate tends to rise, as it is a healthier version of unhealthy high-calorie product.
The world’s sugar free chocolate is poised for healthy growth during 2017-2023, it will likely expand at a 6.85% CAGR. By 2023, the value of this market is anticipated to exceed USD 5.84 billion. Key market growth engines include surging demand for sugar free food, enhancing health awareness amid consumers, growing number of working women, innovations and new products developments, rising disposable incomes in the emerging countries, etc.
During 2017-2023, Europe is set to hold the biggest share of the global sugar free chocolate market. By late 2023, Europe’s sugar free chocolate market is forecast to cross the value of USD 2.19 billion.
The highest growth rates are expected in the APAC sugar free chocolate market, this regional market is likely to rise at a 6.97% CAGR during 2017-2027.
Topical research report “Global Sugar Free Chocolate Research Report- Forecast to 2023” prepared by Market Research Future (MRFR) presents profound insights into the world’s market landscape, explores the current scenario in the key regional markets, describes the market dynamics and points out the main growth influencing factors. Moreover, this research study highlights the competitive environment, reviews the recent industry developments and gives info on the leading market participants. This publication contains reliable info on the market size, structure, share and top trends; offers an in-depth review of the key market segments, includes Porter’s Five Forces analysis, and gives forecasts for the sugar free chocolate market development between 2017 and 2023.
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