PUBLISHER: Allied Market Research | PRODUCT CODE: 1193173
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193173
The sugar free cookies market size was valued at $ 5,502.5 million in 2021 and is estimated to reach $ 10,276.7 million by 2031, registering a CAGR of 6.7% from 2022 to 2031. Cookies are the most common dessert snacks consumed globally. They are made up of flour, butter, and sugar. Owing to rise in awareness of health, consumers have shifted their preference for a healthy diet, which led manufacturers to focus on sugar free cookies. These sugar free cookies are flavored similarly to regular cookies to provide consumers with the same taste however with artificial sweeteners.
The rise in the incidences of diabetes has led consumers to shift toward sugar free cookies since high sugar intake is the major cause of diabetes. High diabetes can result in various diseases such as cardiovascular diseases, kidney damage, eye damage, hearing impairment, and others. As per the "National Diabetes Statistics Report" 2020, 34.5 million people or 10.5% of the US population had diabetes. With an increase in age the percentage of adults having diabetes also increase. The rise in the count of people having diabetes will be a factor for the growth of the market during the forecast period since sugar free products are helpful in maintaining blood sugar levels and calorie intake.
The rising trend toward maintaining a healthy lifestyle and weight loss can drive the growth of the market since sugar free cookies are a great option as they offer low-calorie intake with the same taste. Along with this increased incidence of obesity and overweight are also the reason for the growth of the market. As per the report of the UK government in the year to November 2020, 62.8% of adults (people aged 18 and over) were overweight or obese. There is an increase of 23% in comparison to 2017/18 when there were 711 thousand hospital admissions where obesity was a factor. Since obesity can lead to several serious diseases such as high blood pressure, heart disease, stroke, and others.
High prices of sugar free cookies can restrain the market from growing since they are comparatively expensive than normal cookies and it can put weight on the pocket of the consumer. Many manufacturers use artificial sweeteners for the taste in the cookies such as sucralose, aspartame, saccharin, and others, which can affect appetite and metabolism and can cause health issues. According to the report of the U.S. Department of Health & Human Services "high levels of amino acid in body fluids can cause brain damage. Therefore, FDA has ruled that all products containing aspartame must include a warning to phenylketonurics that the sweetener contains phenylalanine."
Owing to the side effects of artificial sweeteners, manufacturers are focusing on the manufacturing of sugar free cookies organically. As organic products do not have a side-effect on health. They can provide a great opportunity to the manufacturers to uplift their share in the market since consumers are inclining more toward organic products.
The sugar free cookies market is segmented on the basis of product, type, sweetener, nature, and region. By product, the sugar free cookies market is classified into bar, molded, rolled, drop, and others. By type, the market is categorized into chocolate chip, peanut butter, gingerbread, oatmeal raisin, and others. By sweetener, the market is fragmented into sucralose, aspartame, saccharin, acesulfame potassium, and others. By nature, the market is divided into organic and conventional. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
By Sweetener
By Nature
By Product
By Type
By Region