Press Release

Global Sugar Free Mints Market to Grow at a CAGR of 6.0% During 2024-2032, Driven by the Increasing Health Consciousness

Global Sugar Free Mints Market

According to a new report by EMR titled ‘Global Sugar Free Mints Market Report and Forecast 2024-2032’, the market attained a value of about USD 679.46 million in 2023. The market is projected to grow at a CAGR of 6.0% between 2024 and 2032 reaching around USD 1,147.97 million by 2032.

Globally, sugar free mints are being increasingly consumed by individuals seeking sugarless candies. Such mints are characterised by their low calorie counts and absence of sugar content. Rising cases of diabetes across the global population are increasing the adoption of sugar free food products, aiding the sugar free mints market demand.

 

According to the World Health Organisation (WHO), about 422 million individuals are diagnosed with diabetes, a majority of whom live in low-and middle-income countries. By 2050, it is estimated that global diabetes cases will increase to 1.3 billion.

 

The increasing availability of sugar free mints across various distribution channels, including online channels, are contributing to their greater adoption. Online marketplaces such as Amazon.com, Inc (NASDAQ: AMZN) provide a wide variety of brands of sugar free mints. The convenience of purchase offered by online channels is contributing to an increase in purchase of products such as sugar free mints.

 

In December 2022, Perfetti Van Melle announced the launch of functional benefit variants of its brands, Mentos Gum and Smint. Mentos Citrus Vitamin Gum contains about 25% of the recommended daily vitamins B6, C and B12. The sugar free gums have liquid filled centre part for providing lasting freshness. On the go sugar free mints by Smint contain vitamin C, B6 and zinc, which help in reducing tiredness and fatigue. Such launches are positively influencing the market growth.

 

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Market Analysis by Nature, Flavour, Distribution Channel, and Region:

  • The market, on the basis of nature, can be divided into organic and conventional.
  • Based on flavour, the market can be divided into peppermint, sweet mint, bubble mint, and freeze mint, among others.
  • The various distribution channels for sugar free mints include hypermarkets and supermarkets pharmacies, convenience stores, and online, among others.
  • The major regional markets for sugar free mints include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Key Findings of the Report:

  • The sugar free mints market growth is being driven by the growing health concerns among the global population.
  • The wide availability of sugar free mints in various distribution channels is contributing to the growth of the market.
  • The market growth is being aided by the rising importance of dental health. Natural sugars such as xylitol can stimulate saliva and optimise dental health.
  • The increasing introduction of a wide variety of flavours and new product launches by key players is supporting the market expansion.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the global sugar free mints market for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the nature, flavours, distribution channels, and major regions of sugar free mints.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the global sugar free mints market are Mondelez International, The Hershey Company, Mars, Incorporated, Albanese Candy, Atkinson Candy Company, Perfetti Van Melle Group B.V., Nestle S.A., Ferndale Confectionery Pty Ltd, The PUR Company Inc., and Rio Mints & Sweeteners BV, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Nature
  • Flavour
  • Distribution Channel
  • Region
Breakup by Nature
  • Organic
  • Conventional
Breakup by Flavour
  • Peppermint
  • Sweet Mint
  • Bubble Mint
  • Freeze Mint
  • Others
Breakup by Distribution Channel
  • Hypermarkets and Supermarkets
  • Pharmacies
  • Convenience Stores
  • Online
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Mondelez International
  • The Hershey Company
  • Mars, Incorporated
  • Albanese Candy
  • Atkinson Candy Company
  • Perfetti Van Melle Group B.V.
  • Nestle S.A.
  • Ferndale Confectionery Pty Ltd
  • The PUR Company Inc.
  • Rio Mints & Sweeteners BV
  • Others

 

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

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