PUBLISHER: Allied Market Research | PRODUCT CODE: 1193379
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193379
Food items like mints are used as treats to freshen breath. One of the genera of fragrant herbs, mint is used in a variety of products including food, drink, chewing gum, pharmaceuticals, cosmetics, and personal care items. Mints have been available on the market for a while, and people frequently eat them to freshen their breath after consuming alcohol or smoking cigarettes
The increase in awareness about oral care among young & adult population across the globe is the primary driving factor of the global sugar free mint market. Also, the rise in consumption of tobacco products, smoking & alcohol leads to mouth related problems like bad odor & stained teeth. These are highly influencing driving factors impacting the global sugar free mint market throughout the forecast period. Furthermore, the increasing sales of these products is also expected to accelerate the demand for sugar free mint in near future.
The lack of raw materials owing to the disruptions in supply chain, lack of labor, and complete/partial closure of manufacturing facilities significantly hampered the sugar free mint market. The complete lockdown restrictions imposed by the government resulted in the closure of retail stores, which negatively impacted the market growth during the pandemic.
The sugar free mint market is a niche market, which creates opportunities for small- & mid-sized companies to invest in this market. As the diversified players that dominate the food industry have limited presence, stakeholders are planning to invest and expand their business by innovating new products. Thus, small and medium enterprises (SMEs) can take advantage over premium priced nutraceuticals and other food manufacturer.
According to the sugar free mint market analysis, the market is segmented on the basis of nature, flavor, distribution channel, and region. As per nature, the market is classified into organic and conventional. Depending on flavor, it is segmented into peppermint, sweet mint, bubble mint, freeze mint, and others. According to distribution channel, the market is further segmented into hypermarket/supermarket, pharmacies, specialty store, convenience store and online store. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the sugar free mint market include Albanese Candy, Atkinson's Candy Co., Chocoladefabriken Lindt & Sprungli AG, ChocZero Inc., Continental Candy Industries B.V., Ferrero International S.A., Lotte Group, Mondel'z International, Nestle S.A, Nova Chocolate Perfetti Van Melle Group B.V., See's Candy Shop, Inc., Sugarless Confectionery, The Hershey Company, and The Wrigley Company.
Key Benefits For Stakeholders
By Nature
By Flavor
By Distribution Channel
By Region