Sugar-free beverages are substitutes for sugar-based beverages. These beverages are artificially sweetened using artificial sweeteners such as stevia, saccharin, aspartame, neotame, and sucralose, etc. They are often considered to be a healthier option for consumers willing to reduce sugar intake or for preventing weight gain.
Additionally, the increase in disposable income, along with a rising health consciousness of the consumers, is estimated to drive the growth of this market. The increase in cognizance of the health benefits of the sugar-free beverages is also a key driver of this market. Furthermore, the increase in demand from the developing economies due to involvement of organized sector will also provide boost to the industry’s growth. These factors will support the growth of sugar-free beverage market during the forecast period
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Major Key Players Analysis
The key players profiled in Sugar-Free Beverages Market Report are Unilever (U.K.), The Hershey Company (U.S.), Bai Brand LLC (U.S.), Nestlé (Europe), The Coca-Cola Company (U.S.), PepsiCo (U.S.), Dabur (India), and The Kraft Heinz Company (U.S.) among many others.
The Global Sugar Free Beverages Market has been divided into product type, claim, distribution channel and region.
On The Basis Of Product Type: Energy Drinks, Fruits & Vegetable Juices, Soft Drinks, Dairy Beverages, and Others
On The Basis Of Claim: Gluten-free, Organic, Lactose-free and others
On The Basis Of Distribution Channel: Store Based and Non Store Based
On The Basis Of Region: Europe, North America, Asia Pacific and ROW.
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Sugar Free Beverage Market is segmented into Europe, North America, Asia Pacific and Rest of the World (RoW). Among this, North American region has major market share followed by Asia Pacific. Changing consumption pattern, rising health awareness, weight reduction diet trends and rising disposable income in Asia Pacific region are anticipated to drive the demand for sugar free beverages in that particular region.