November 09, 2022 18:30 ET | Source: Allied Market Research Allied Market Research
Portland, OR, Nov. 09, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global sugar free cookies market generated $5.5 billion in 2021, and is projected to reach $10.3 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
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Report coverage & details:
The report offers a detailed segmentation of the global sugar free cookies market based on product, type, sweetener, nature, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest-growing segments and highest revenue generation that is mentioned in the report.
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Based on sweetener, the aspartame segment held the major market share in 2021, holding more than one-third of the global sugar free cookies market share, and is expected to maintain its leadership status during the forecast period. However, the sucralose segment, is expected to cite the fastest CAGR of 7.6% during the forecast period.
On the basis of nature, the conventional segment held the largest market share in 2021, accounting for nearly 90% of the global sugar free cookies market share, and is expected to maintain its leadership status during the forecast period. Nevertheless, the organic segment, is expected to cite the highest CAGR of 8.0% during the forecast period.
In terms of product, the bar segment held the major market share in 2021, contributing to nearly one-third of the global sugar free cookies market share. However, the others segment is expected to maintain its leadership position in terms of revenue and cite the fastest CAGR of 7.3% during the forecast period.
Based on type, the others segment held the major market share in 2021, contributing to more than two-fifths of the global sugar free cookies market share, and is expected to maintain its leadership position during the forecast period. However, the oatmeal raisin segment, is expected to cite the fastest CAGR of 7.6% during the forecast period.
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Region-wise, the North American region held the major market share in 2021, holding nearly two-fifths of the global sugar free cookies market share and is expected to maintain its leadership status during the forecast period. However, the Asia-Pacific region is expected to cite the fastest CAGR of 7.7% during the forecast period. The report also analyses other regions such as Europe and LAMEA.
The key players analyzed in the global sugar free cookies market report include Aunt Gussie’s Cookies & Crackers, Baker Street, Bisk Farm, Burton’s Biscuit Company, Diabliss Consumer Products Pvt, Ltd., Fat Snax, Galletas Gullon, Good Dees, Helwa Wafelbakkerji, Kravour Food Pvt, Ltd., and Nutri Value, NutroActive, Unibic, Voortman Bakery, and Wellversed.
The report analyzes these key players in the global sugar free cookies market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance, and operating segments by prominent players in the market.
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