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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.
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.
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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.
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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.
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.
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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.
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:
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Breakup by Type |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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
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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