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Mexico Sugar-Free Confectionery Market

Mexico Sugar-Free Confectionery Market Size, Share, Forecast: By Type: Chocolate Confectionery, Sweet and Candy Confectionery; By Distribution Channel: Supermarkets and Hypermarkets, Convenience and Drug Stores, Online, Others; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Mexico Sugar-Free Confectionery Market Outlook

The Mexico sugar-free confectionery market size is expected to grow at a CAGR of 3.90% between 2024 and 2032. The major market drivers include the rising prevalence of diabetes and pre-diabetes and increasing knowledge about the benefits of consuming sugar-free products.


Key Trends in the Market

Sugar-free confectionary refers to confectionary products such as chocolates, cakes, and candies that are made by using sugar substitutes or artificial sweeteners for creating sweet taste without the utilisation of real sugar. These products aid in satisfying sweet cravings while maintaining blood sugar levels and are also safer for teeth, further increasing their appeal.

 

Mexico Sugar-Free Confectionery Market

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  • The rising number of diabetic and pre-diabetic patients in Mexico are positively influencing the growth of the sugar-free confectionery market in the country. Sugar-free confectionery are considered safe for patients suffering from such conditions as they do not increase blood sugar levels and aid in curbing sweet cravings.
  • Growing knowledge about the various benefits associated with the consumption of sugar-free confectionery as opposed to their sugar containing counterparts is a crucial trend propelling the growth of the Mexico sugar-free confectionery market. Sugar requires additional time to metabolise and is often converted into fat by the body.
  • Increasing availability of a wide range of sugar-free confectionary products is a key trend in the market that is further supported by rising awareness about such products. Expansion of various distribution channels, including supermarkets and hypermarkets, and online, are also enhancing accessibility of sugar-free confectionary in Mexico.

 

Market Analysis

On the basis of type, the Mexico sugar-free confectionery market is bifurcated into chocolate confectionary and sweet and candy confectionary, with sweet and candy confectionary sub-divided by type into hard-boiled candies, pastilles, gums, jellies, and chews, toffees, caramels, and nougat, and mints, among others. Based on distribution channel, the market is segregated into supermarkets and hypermarkets, convenience and drug stores, and online, among others. By region, the sugar-free confectionery market in Mexico is classified into Baja California, Northern Mexico, The Bajio, Central Mexico, Pacific Coast, and Yucatan Peninsula.

 

Mexico Sugar-Free Confectionery Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Mexico sugar-free confectionery market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • The Hershey Company
  • Nestle S.A.
  • Mondelez International, Inc.
  • Ferrero International S.A
  • Chocoladefabriken Lindt & Sprüngli AG
  • Ferrara Candy Company
  • Las Sevillanas
  • Dulces de la Rosa
  • XIOCOLAT
  • Others

 

Market Share by Distribution Channel

Supermarkets and hypermarkets, based on distribution channel, are anticipated to witness significant growth in the Mexico sugar-free confectionery market over the forecast period. This is due to the growing presence of supermarket and hypermarket chain-style stores in the country that are gaining popularity among consumers for regular grocery shopping. Furthermore, a wide range of sugar-free sweet and candy confectionary is available in these stores in varying flavours and can be purchased along with weekly groceries. Consumers are able to check the ingredients as well as the number of calories of the listed products directly and also avail of discounts.

 

Mexico Sugar-Free Confectionery Market

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Competitive Landscape

The Hershey Company is an industry leading snacks company that was established in 1894 and is headquartered in Pennsylvania, United States. Some of the iconic brands of the company include Kit Kat, Ice Breakers, and Jolly Rancher.

 

Nestle S.A. is a food and beverage company that was founded in 1866 and is based in Vaud, Switzerland. The specialities of this company include ice creams, confectionary, healthcare nutrition, frozen food, and infant nutrition, among others.

 

Other market players include Mondelez International, Inc., Ferrero International S.A, Chocoladefabriken Lindt & Sprüngli AG, Ferrara Candy Company, Las Sevillanas, Dulces de la Rosa, and XIOCOLAT, among others.

 

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:

  • Type
  • Distribution Channel
  • Region
Breakup by Type
  • Chocolate Confectionery
  • Sweet and Candy Confectionery
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience and Drug Stores
  • Online
  • Others
Breakup by Region
  • Baja California
  • Northern Mexico
  • The Bajio
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula
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
  • The Hershey Company
  • Nestle S.A.
  • Mondelez International, Inc.
  • Ferrero International S.A
  • Chocoladefabriken Lindt & Sprüngli AG
  • Ferrara Candy Company
  • Las Sevillanas
  • Dulces de la Rosa
  • XIOCOLAT
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Market Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Industry Opportunities and Challenges
8    Mexico Sugar-Free Confectionery Market Analysis

    8.1    Key Industry Highlights
    8.2    Mexico Sugar-Free Confectionery Historical Market (2018-2023) 
    8.3    Mexico Sugar-Free Confectionery Market Forecast (2024-2032)
9    Mexico Sugar-Free Confectionery Market by Type
    9.1    Chocolate Confectionery
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Sweet and Candy Confectionery
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Type
            9.2.3.1    Hard-Boiled Candies
            9.2.3.2    Pastilles, Gums, Jellies, and Chews
            9.2.3.3    Toffees, Caramels, and Nougat 
            9.2.3.4    Mints
            9.2.3.5    Others
10    Mexico Sugar-Free Confectionery Market by Distribution Channel
    10.1    Supermarkets and Hypermarkets
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Convenience and Drug Stores
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Online
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Others
11    Mexico Sugar-Free Confectionery Market by Region
    11.1    Baja California
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Northern Mexico
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    The Bajio
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Central Mexico
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Pacific Coast
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Yucatan Peninsula
        11.6.1    Historical Trend (2018-2023)
        11.6.2    Forecast Trend (2024-2032)
12    Market Dynamics
    12.1    SWOT Analysis
        12.1.1    Strengths
        12.1.2    Weaknesses
        12.1.3    Opportunities
        12.1.4    Threats
    12.2    Porter’s Five Forces Analysis
        12.2.1    Supplier’s Power
        12.2.2    Buyers Powers 
        12.2.3    Threat of New Entrants
        12.2.4    Degree of Rivalry
        12.2.5    Threat of Substitutes
    12.3    Key Indicators for Demand
    12.4    Key Indicators for Price
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Company Profiles
        13.2.1    The Hershey Company
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Nestle S.A.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Mondelez International, Inc.
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Ferrero International S.A
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Chocoladefabriken Lindt & Sprüngli AG
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Ferrara Candy Company
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Las Sevillanas
            13.2.7.1    Company Overview
            13.2.7.2    Product Portfolio
            13.2.7.3    Demographic Reach and Achievements
            13.2.7.4    Certifications
        13.2.8    Dulces de la Rosa
            13.2.8.1    Company Overview
            13.2.8.2    Product Portfolio
            13.2.8.3    Demographic Reach and Achievements
            13.2.8.4    Certifications
        13.2.9    XIOCOLAT
            13.2.9.1    Company Overview
            13.2.9.2    Product Portfolio
            13.2.9.3    Demographic Reach and Achievements
            13.2.9.4    Certifications
        13.2.10    Others
14    Key Industry Trends and Developments


List of Key Figures and Tables

1.    Mexico Sugar-Free Confectionery Market: Key Industry Highlights, 2018 and 2032 
2.    Mexico Sugar-Free Confectionery Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Mexico Sugar-Free Confectionery Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Mexico Sugar-Free Confectionery Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5.    Mexico Sugar-Free Confectionery Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6.    Mexico Sugar-Free Confectionery Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Mexico Sugar-Free Confectionery Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    Mexico Sugar-Free Confectionery Market Structure

Key Questions Answered in the Report

The market is expected to grow at a CAGR of 3.90% between 2024 and 2032.

The major market drivers include rising number of diabetic and pre-diabetic patients in Mexico and increasing knowledge about the benefits of consuming sugar-free products.

The key trends fuelling the growth of the market include introduction of a wide range of sugar-free confectionary products, rising consumer preference for products with reduced calories and sugar, and increasing accessibility of sugar-free confectionary.

The primary types of sugar-free confectionary in Mexico are chocolate confectionary and sweet and candy confectionary.

The major regions in the market are Baja California, Northern Mexico, The Bajio, Central Mexico, Pacific Coast, and Yucatan Peninsula.

The significant distribution channels for sugar-free confectionery in Mexico are supermarkets and hypermarkets, convenience and drug stores, and online, among others.

Sugar-free sweets are generally considered to be safe for diabetics, however, it is important to check the sweetener used as various sugar alcohols can have laxative effects if consumed in high quantities.

The key players in the Mexico sugar-free confectionery market, according to the report, are The Hershey Company, Nestle S.A., Mondelez International, Inc., Ferrero International S.A, Chocoladefabriken Lindt & Sprüngli AG, Ferrara Candy Company, Las Sevillanas, Dulces de la Rosa, and XIOCOLAT, among others.

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