Market Research on Healthy Sugar-Free Confectionary (2020-2030) |Foodresearchlab PowerPoint PPT Presentation

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Title: Market Research on Healthy Sugar-Free Confectionary (2020-2030) |Foodresearchlab


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MARKET RESEARCH ON HEALTHY SUGAR-FREE
CONFECTIONARY (2020-2030)
An Academic presentation by Dr. Nancy Agnes,
Head, Technical Operations, FoodResearchLab
Group www.foodresearchlab.com Email
info_at_foodresearchlab.com
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Today's Discussion
OUTLINE Introduction Impact on Confectionary
Products Insights into Market Confectionary
Current Trends in Food Industry Summary
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Introduction
Consumer awareness of a healthy lifestyle is
growing, as is the demand for nutritious
meals. People have become more aware of the
ideal sugar intake proportion in their daily
lives. Low sugar confectionery goods are
predicted to be in high demand as a result of
these considerations. Furthermore, organic
product consumption is steadily expanding.
Organic chocolate and confectionery items are
recommended by dieticians and health experts.
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Organic chocolate and confectionery items are
recommended by dieticians and health
experts. Organic products are in high demand in
industrialized countries such as the United
States, Germany, the United Kingdom, France, and
France. To stimulate product demand, companies
like Kraft Foods and Nestle S.A. are creating
healthier sweets with a dedication to low fat. A
large number of businesses are currently working
on product development and innovation in order
to meet rising consumer demand. The advent of
unique goods with smell sensations, energy
boosts, and a mixture of liquid and solid
flavors has been predicted to increase market
growth in the next years.
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Impact on Confectionary Products
The demand for confectionary items is steadily
expanding. Product demand is projected to be
driven by consumer preferences for healthy
chocolate products and other confectioneries. Sa
nders Morley Candy Makers Inc., based in the
United States, debuted chocolate-covered gummi
bears and miniature dark chocolate peppermint
patties in January 2017.
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These campaigns have greatly raised their brand
awareness among millennials. Customers who enjoy
snacking products with high-quality components,
such as peppermint oil, invert sugar, and egg
whites, have taken to these products. Supermarket
s, hypermarkets, discounters, convenience stores,
grocery stores, and forecourt merchants are
among the large and small-scale operators
distributing their products through various
distribution channels. Confectionery makers are
expanding their retail sales channels in cities
and small towns as the worldwide population
grows.
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Major chocolate companies such as NESTLE S.A.,
MONDELEZ INTERNATIONAL, INC., and THE HERSHEY
COMPANY have been seen spending heavily in
growing their retail chains in Tier 2 and Tier 3
cities in South Asia Pacific countries.
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Insights into Market Confectionary
  • According to a new analysis by Mordor
    intelligence, the worldwide snack market would
    increase at a 5.34 percent CAGR from 2020 to
    2025.
  • Snacks have become a vital replacement for meals
    as a result of our hectic lifestyles.
  • This reflects shifting consumer eating habits as
    well.

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The change points to a convenient food
opportunity that is exactly proportional to the
increase in the snacks market. Different types
of snacks and confectionery are segmented in the
global snack food industry, with salted snacks,
baked snacks, confectionery, and specialty
frozen snacks being the most popular. This
year salted snacks are believed to be recording
the highest market growth. According to
Statista, this industry is currently valued at
100 billion with an average spend of 300 per
household every year in the US alone.
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From 2019 to 2024, the confectionery sector is
expected to increase at a CAGR of 3.45, with
chocolate being the most popular
subcategory. Due to increasing demand for exotic
confectionery items supplied internationally,
Asia Pacific and the Middle East are regarded as
the most promising markets. Consumers are
looking for low-calorie, high-cocoa, and
functional ingredient- based confectionery for
health reasons. Sugar confectionery and snack
bars are two other popular divisions of the
confectionery industry.
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Responding to this difficulty has been more
challenging for food makers and formulators in
recent years, as customers have become more
interested in products made with a restricted
number of natural, clean-label ingredients. A
partial answer is to replace the bulking,
browning, and other qualities that sucrose,
glucose, and fructose give in many solid food
products with zero-calorie high-potency
sweeteners with superior taste performance.
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Fig.1. Sugar-free Confectionary Market Size
Report (Grand View Research.com)
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Current Trends in Food Industry
Increased Preference for Dark Chocolates
According to Euromonitor, dark chocolate sales
will surpass ordinary chocolate sales by 3.51
percent next year. Consumers are shifting
towards a healthier lifestyle without sacrificing
enjoyment, as dark chocolate has health and
nutritional benefits. Manufacturers are
experimenting with ingredients by substituting
sweetened fruits and nuts for sugar. The use of
water-in-cocoa butter emulsion, oleogels,
hydrogels, polysaccharides, and proteins as
partial or complete fat replacers is becoming
more popular.
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Polyols, high potency sweeteners, low/no
digestible carbs, sweet proteins, and natural
raw materials are used in the industrial creation
of sugar-free chocolates. To make an informed
decision about their sweet intake, consumers
carefully examine the labels and
substance. PLANT-BASED REVOLUTION Consumers
choose natural, healthful, and eco-friendly
products with easily identifiable
ingredients. Since last year, snack bars made
with healthful plant-based ingredients have been
highly known.
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A unique type of marmalade employing sea
buckthorn berries (Hippopha rhamnoides L.)
revealed as a possible rich source of bioactive
components to be employed in the fabrication of
sugar-based products in a recent study published
in Journal of Molecules. Sea buckthorn is
widely used in nutraceuticals and cosmeceuticals
as a valuable source of vitamin C and
antioxidants. A unique type of marmalade
employing sea buckthorn berries (Hippopha
rhamnoides L.) revealed as a possible rich
source of bioactive components to be employed in
the fabrication of sugar-based products in a
recent study published in Journal of Molecules.
Sea buckthorn is widely used in nutraceuticals
and cosmeceuticals as a valuable source of
vitamin C and antioxidants.
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SUSTAINABLE CHOICES Consumers who are prepared
to pay more if a company invests in
sustainability and an environmentally friendly
focus are supporting the push toward
sustainability, as are the confectionary and
snacking industries. According to the Innova
consumer survey 2019, there was a substantial
increase from 65 percent to 87 percent from 2018
to 2019. Erythritol is made by fermentation
processes, which are typically carried out by
fungus or produced by lactic acid bacteria.
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Yarrowia lipolytica, Moniliella pollinis, and
Trichosporonoides megachiliensis have all been
reported to be successful for industrial
production. Other natural sweeteners with
environmentally friendly manufacturing methods
are briefly discussed below and are becoming
popular culinary components for health-conscious
consumers Raw honey is one of nature's oldest
sweeteners. Honey is a sweetener that is sweeter
than sugar and is the only sweetener that comes
from an animal (insect bees, minilivestock).
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Blackstrap Molasses is a waste product from a raw
sugar refinery or a sugarcane mill. Real Maple
Syrup is created from the sap that is secreted
from the stems of the Acer genus in the
spring. Coconut Sugar is made from the phloem
sap of the coconut palm tree (Cocos nucifera L.)
blossoms and is produced locally. Other
combinations they entail combining several
natural sweeteners, such as a low concentration
of steviol glycosides (0.5 percent per dry leaf
weight) with a little amount of raw organic
sugar cane in the production process.
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Similar to Erysweet, a stevia erythritol blend,
and KetoseSweet, an allulose, stevia, and monk
fruit blend, a combination of sweetening
solutions is becoming popular beverages. SNACKS
WITH HIGH NUTRITIONAL VALUE Consumers are
looking for nutrient-dense snacks to make up for
their healthy dinners. Prior to making a
purchase, they examine the contents, flavours,
and calorie content. With snacks, there may be
some cultural effect on flavour characteristics
depending on the locale.
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Fructose and glucose are the two most extensively
used monosaccharides in the food sector as
natural sweeteners. Apart from trehalose and
tagatose, there are no novel compounds. They
were only recently approved as novel food
ingredients or novel foods, and they are now
available as sucrose substitutes. Some exotic
plants contain naturally produced sweet-tasting
proteins. Thaumatin is GRAS-approved in both the
EU and the United States.
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Its energy input is 4 kcal/g, which is minimal in
practise because only little amounts are
utilised. Brazzein, mabinlin, monelin,
miraculin, pentadine, curculin (neoculin), and
lysozyme are among the other sweet proteins
known, with brazzein, mabinlin, monelin,
miraculin, pentadine, curculin (neoculin), and
lysozyme being the most promising. However, more
research is needed to ensure their safety and
applicability. SUGAR-FREE OPTIONS IN
CONFECTIONERY Sugar-free candy is now widely
available, and its popularity among
health-conscious consumers is expanding. Sugar-fr
ee chewing gums and sugar-free boiled sweets, for
example, are already in high demand.
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They provide a variety of health benefits,
including as improved well- being and increased
vitality, and there is an increasing need
for lozenges to relieve a sore throat. SNACKING
BY DIETARY GUIDELINES The food sector is
significantly influenced by dietary
standards. Dairy products have become a premium
snacking option thanks to the popularity of keto
diets and a low-carbohydrate lifestyle. These
snacks come in different packaging because
customers and retailers prefer single-serve
choices.
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Cottage cheese, protein pack assortments, cheese
cubes, and sour cream are all examples of dairy
snacks that are good for your diet.
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Summary
The food sector is still booming, despite the
COVID-19 health crisis and recession, with
snacking and sweets being a big part of
that. Consumers are yearning for comfort food
regardless of the economic condition. They are
willing to spend extra for snacks that are both
healthy and sustainable without sacrificing
flavour. Consumers wanting comfort food to have
increased month over month.
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60 percent of people shopped for confectionary
products in May 2020, compared to 56 percent the
previous month. Consumers are always seeking for
on-the-go snacking options that help them stay
energised, thus healthy snacks are all about
convenience. It is critical for a company in the
food industry to understand and adapt to the
needs of its customers.
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