Market Research Future (MRFR) has published a cooked research report on the “Global Sugar-Free Beverages Market” that contains information from 2022 to 2030. The Global Sugar-Free Beverages Market is estimated to register a CAGR of 7.23% during the forecast period of 2022 to 2030.
MRFR recognizes the following companies as the key players in the Global Sugar-Free Beverages Market— The Kraft Heinz Company, PepsiCo, The Coca-Cola Company, Unilever, Nestle, Mars Inc, and The Hershey Company.
Sugar-Free Beverages Market Highlights
Global Sugar-Free Beverages Market is accounted to register a CAGR of 7.23% during the forecast period and is estimated to reach USD 237.48 Billion by 2030.
Sugar-free beverages refer to drinks that are formulated and produced without the addition of traditional sugar or sweeteners. These beverages are designed to provide a reduced or zero sugar content, making them suitable for individuals who are looking to limit their sugar intake or maintain a healthier lifestyle. Instead of sugar, sugar-free beverages are often sweetened using alternative sweeteners such as stevia, erythritol, or artificial sweeteners like aspartame or sucralose. They offer consumers a range of options including sugar-free sodas, flavored water, energy drinks, teas, and coffees, allowing them to enjoy a wide variety of refreshing and flavorful drinks without the added calories and potential negative health effects associated with excessive sugar consumption. Sugar-free beverages have gained popularity as an alternative to traditional sugary drinks, catering to the growing demand for healthier beverage choices.
Segment Analysis
The Global Sugar-Free Beverages Market has been segmented based on Product Type, Claim, and Distribution Channel.
Based on Product Type, the market is segmented into Fruit & Vegetables Juices, Soft Drinks, Energy Drinks, Dairy Beverages, and Others. The Fruits & Vegetables Juices category dominates the Sugar-Free Beverages market due to the increasing consumer preference for natural and healthy drink options.
Based on Claim, the market is segmented into Gluten-Free, Lactose-Free, Organic, and Others. Organic dominates the Sugar-Free Beverages market due to its consumer preferences, health considerations, and taste.
Based on Distribution Channel, the market is segmented into Store Based, Non-Store Based. The Store-Based category dominates the Sugar-Free Beverages market due to the widespread availability and convenience of purchasing these beverages in physical retail stores.
Regional Analysis
The Global Sugar-Free Beverages Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Sugar-Free Beverages Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Sugar-Free Beverages Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Sugar-Free Beverages Market comprises of Middle East, Africa, and Latin America.
The North American region holds the largest market share globally, dominating due to the presence of countries like the US, Canada, and Mexico, where health-conscious consumers drive market demand.
With the Asia-Pacific region being the fastest-growing, it holds the second-largest market share due to countries like Japan, Australia, India, and China, which contribute to a significant proportion of the global population, creating a higher demand for sugar-free beverages. Moreover, the rise in disposable income in this region further fuels market demand.
The European region secures the third-largest market share, attributed to countries like the UK, Spain, Italy, France, Germany, and others. The region's improved health infrastructure presents growth opportunities, and individuals in this region allocate more spending toward their well-being, resulting in increased demand.
Key Findings of the Study
- The Global Sugar-Free Beverages Market is expected to reach USD 237.48 Billion by 2030, at a CAGR of 7.23% during the forecast period.
- The North American region dominates the global market due to its largest market share, driven by health-conscious consumers in countries like the US, Canada, and Mexico.
- Based on the Product Type, the Market has been segmented into Fruits & Vegetables Juices holding the largest market in 2022.
- The Kraft Heinz Company, PepsiCo, The Coca-Cola Company, Unilever, Nestle, Mars Inc, and The Hershey Company.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Companies Covered | 15 |
Pages | 110 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.