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Sugar-free ice cream is a type of ice cream that does not contain any sugar and is preferred by health-conscious individuals. Since sugar-free ice creams are often low calorie due to the insufficient calories from sugar, they may be a, healthier alternative for people who wish to lose weight. As people live longer and eat more sugar- and fat-rich foods, obesity and subsequently the prevalence of diabetes as increased. Therefore, increasing prevalence of diabetes is a major factor expected to drive market growth. Furthermore, the availability of different flavoured ice-creams is anticipated to fuel the demand for sugar free ice-cream during the estimated time period.
The growth of the market is driven by the rising prevalence of diabetes around the world. Diabetes is one of the top 10 causes of death globally. The International Diabetes Federation (IDF) has estimated that 451 million adults worldwide lived with diabetes in 2017 with a projected increase to 693 million by 2,045 if no effective prevention methods are adopted. The prevalence of both type 1 and type 2 diabetes among children and adolescents has also increased, and the estimates of children and adolescents below age 20 with type 1 diabetes now exceed one million. According to the 2017 Global Burden of Disease Study, in 2017, global incidence, prevalence, death, and disability-adjusted life-years (DALYs) associated with diabetes were 22.9 million, 476.0 million, 1.37 million, and 67.9 million, with a projection to 26.6 million, 570.9 million, 1.59 million, and 79.3 million in 2025, respectively. Thus, the high prevalence of diabetes is expected to fuel the demand for sugar-free ice cream around the world. Also, an increasing availability of different flavoured ice-creams are expected to drive the growth of the overall Sugar Free Ice-Cream market in the coming years.
The rise in per capita income in developing nations, along with the rise in demand for healthy food products, and growing health consciousness among individuals are key factors that are likely to contribute to the market. Furthermore, rising investment in R&D activities by the manufacturer to develop innovative sugar free ice-creams is expected to provide strong growth opportunities for the market during the forecast period.
Sugar-free ice creams that contain sugar alcohols (certain types of alternative sweeteners) may cause flatulence, discomfort, or diarrhoea if consumed in large amounts. Thus, side-effects and allergic reactions associated with sugar free ice-cream is expected to negatively impact on the growth of the market.
Sugar is one of the main ingredients needed to produce ice cream, and sugar substitutes cannot entirely mimic sugar’s role in ice cream. Low-sugar and sugar-free ice creams often have a bitter aftertaste and are not as creamy as regular ice cream. It is expected to pose as a key challenge to the growth of the market. Also, stringent regulations for process, usage, consumption, and labelling of sugar substitutes is likely to challenge the growth f the market during the estimated time period.
The report provides an in-depth analysis of the global Sugar Free Ice-Cream market including, market size, and compound annual growth rate (CAGR) for the forecast period of 2023-2029, considering 2022 as the base year. An increasing prevalence of diabetes is expected to stimulate the demand for sugar free ice-cream, and therefore, the market is expected to witness growth at a specific CAGR from 2022-2029.
Global Sugar Free Ice-Cream market comprises of different market segments like type, form, distribution channel, end-user and geography.
By type, the Sugar Free Ice-Cream market consists of key segments like
Vanilla followed by chocolate segments are expected to witness high growth over the forecast period. According to a survey conducted by the International Dairy Foods Association, around 92% of U.S consumers prefer vanilla flavour. Also, after vanilla, chocolate is the second-most preferred flavour by consumers. As vanilla has less calories and carbohydrates content than sugar, it can be used to reduce your sugar intake. Using vanilla as a sugar substitute also can reduce high blood glucose levels and help you lead a more heart-healthy lifestyle. Chocolate provides natural chemicals that can help protect you from cardiovascular disease and stroke, and the calcium in ice cream can work to build strong bones.
The Sugar Free Ice-Cream market includes major forms like
The sandwich segment is expected to lead the market over the estimated time period. It is a frozen dessert made up of two skins and ice cream in between. It consists of crusts and an ice cream made from different ingredients. It contains important nutrients like potassium, phosphorous and calcium. Potassium helps in lowering blood pressure while phosphorus and calcium strengthen bones. Other nutrients contained in the delicacy include protein, and energizing B vitamins.
Also, the bars/sticks segment is expected to witness high growth over the forecast period. Ice-cream bars and sticks are made of pure milk include the proteins present in milk—whey and casein, which are considered 'high quality' proteins, and are essential for muscle health, growth, and development.
The Sugar Free Ice-Cream market includes distribution channels like
The offline segment market is likely to lead it over the forecast period. The offline channel includes supermarkets and hypermarkets, convenience stores and specialty stores. Consumers prefer offline channels to purchase consumer goods, groceries, and food products where they can physically check the quality of the products. In addition to this, easy access of various sugar free ice-creams in stores is expected to drive the growth of the segment.
The online segment is expected to register the fastest growth over the forecast period. Many vendors are offering products on their websites as well as e-commerce platforms like Amazon which is expected to drive the market growth over the forecast period. Also, the growing acceptance of the e-commerce industry for purchasing consumer goods and groceries owing to the internet penetration rate is a key driver for the growth of this segment.
The global Sugar Free Ice-Cream market include major end-users like
The B2B or business-to-business segment is expected to account for the largest share of the market. While companies can sell through physical storefronts or take transactions by phone. B2B commerce often takes place online, where companies advertise their products and services, allow for demonstrations and make it easy to place bulk orders. Sellers also benefit from efficient order processing thanks to this digital transaction model. This is expected to drive the growth of the hospitals and clinics segment over the forecast period.
The B2C segment is expected to witness high growth over the forecast period. B2C, or business-to-consumer, is a retail model where products or services move directly from a business to the end user who has purchased the goods or services for personal use. B2C businesses directly communicate with their customers in a personalized manner as they now reach the consumer sector and target audience while elaborating their products or services to individual consumers. This is a key factor driving the growth of the segment.
The Global Sugar Free Ice-Cream market is studied for the following regions:
Asia-Pacific is likely to dominate the market over the forecast period. The region is likely to have growth in food and beverage industry at rapid pace with changing consumer preference, obesity, shifting trends to consumption of lower calorie food products. These are major factors that are expected to stimulate market growth in the region.
North America region is expected to witness high growth over the forecast period. Increased demand for low-calorie food, owing to rising health consciousness, are key factors driving the growth of the market in the region. Also, technological advancements and product innovations are expected to positively impact the growth of the market in the region.
Axiom MRC provides a 360-degree analysis of micro and macro-economic factors with regard to the Sugar Free Ice-Cream market. The report involves an exclusive study on COVID-19 impact analysis. In addition, the report also includes a complete analysis of changes in the global Sugar Free Ice-Cream market, expenditure, and economic and international policies on the supply and demand side. The report also studies the impact of pandemics on global economies, international trade, business investments, GDP, and marketing strategies of key players present in the market.
The global Sugar Free Ice-Cream market has been significantly impacted by the COVID-19 pandemic. The ice cream industry suffered during COVID-19 due to supply chain disruptions caused by the logistical restrictions on trucking and shipping, which impacted ice cream sales. However, the market has recovered from the pandemic rapidly since the situation returned to normal. Also, since the outbreak of the pandemic, more people have become health-conscious and are preferring low-calorie food products. This is expected to provide lucrative growth opportunities foe key players operating in the market in the upcoming years.
The competitive landscape analysis of the Sugar Free Ice-Cream market is primarily focused on expanding the global growth of sugar free ice-cream industry with new product innovation, and business expansion. An increasing presence of a range of manufacturers operating in sugar free ice-cream sector has led to growing demand for the market. Besides, the market offers a range of products in different applications to fulfil the requirements of consumers, which further contributes to healthy growth in the market.
The key players studied in the market are
July 2021: Boise, Idaho-based Killer Creamery launched Killer Sammies, a sugar-free ice cream sandwich product in the novelty category. Like the company’s other products, the sandwiches are gluten-free, all-natural and keto-friendly. By offering the first-ever zero-sugar ice cream sandwiches in the novelty category, Killer Creamery says it continues to fight against sugar with creamy, indulgent ice cream that does not skimp on nutrition.
February 2021: NadaMoo! launched a new line of ice cream made with no added sugar. The new ice cream formulation is made with a base of organic coconut milk base—as are the other offerings at the company. Instead of sugar, the ice cream is sweetened with a combination of organic allulose, organic erythritol, and a touch of stevia extract.
February 2021: Enlightened, a dessert brand known for delicious low-sugar treats, announced the release of Sugar-Free Cones, a new product line expanding the brand beyond the frozen category. Each cone has only 30 calories, 3g of net carbs and 0g of sugar, while traditional sugar cones often contain up to 12g of net carbs and 8g of sugar.
The global Sugar Free Ice-Cream market include segments like type, form, distribution channel and geography. By type, the Sugar Free Ice-Cream market includes key segments like vanilla, chocolate, mint chip, strawberry, salted caramel, peanut butter, coffee, and others. The vanilla segment is likely to have growing demand in the market during the forecast period. The Sugar Free Ice-Cream market includes major forms like Pints, Bars/Stick, Sandwich, and others. The Sugar Free Ice-Cream market includes distribution channels like online and offline. The online segment is expected to lead the market over the forecast period. The global Sugar Free Ice-Cream market include major end-users like B2B and B2C. The B2B segment is expected to account for the largest share of the market. The Global Sugar Free Ice-Cream Market is studied across various key countries of regions: North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific is expected to dominate the market over the forecast period.
| Market
Sizing for Year: | 2019-2029 |
| Base
Year: | 2022 |
| Forecast
Period: | 2023-2029 |
| Value: | USD Million |
| Market
Segment studied: | Product End-user |
| Market
Players and its Competitors: | Hershey Creamery Company Nestle SA Kroger Three Twins Ice Cream Rich Ice Cream Amy's Ice Creams Amul Havmor Arctic Zero Mammoth Creameries Wells Enterprisers Unilever Baskin-ROBBINS Beyond Better Foods LLC Turkey Hill Dairy |
FREQUENTLY ASKED QUESTIONS
What would be forecast period in the market report?
2023-2029 is the forecast period in the market report.
Which is the leading type segment for Sugar Free Ice-Cream market?
Vanilla segment has accounted the major market share, and is expected to witness the growth at highest pace during the forecast period.
Which region is gaining the majority of market share during the forecast period (2023-2029)?
Asia-Pacific is expected to gain a major market share during the forecast period (2023-2029).
What would be forecast period in the market report?
2023-2029 is the forecast period in the market report.
Which is the leading type segment for Sugar Free Ice-Cream market?
Vanilla segment has accounted the major market share, and is expected to witness the growth at highest pace during the forecast period.
Which region is gaining the majority of market share during the forecast period (2023-2029)?
Asia-Pacific is expected to gain a major market share during the forecast period (2023-2029).
