openPR Logo
Press release

Sugar-Free Carbonated Drinks Market Surges to $243.5 Billion by 2030, Propelled by Health-Conscious Consumers and Global Fast Food Trends

02-02-2024 12:55 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Sugar Free Carbonated Drinks Market

Sugar Free Carbonated Drinks Market

The global sugar-free carbonated drinks industry witnesses exponential growth at a CAGR of 7.3%, fueled by the rising demand for low-calorie alternatives amidst health concerns and the booming fast food culture worldwide."

โ–ถ ๐†๐ž๐ญ ๐…๐ฎ๐ฅ๐ฅ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ : https://www.alliedmarketresearch.com/request-sample/13993

Key Points:

Health-Driven Demand: Growing health awareness, coupled with concerns about obesity and high blood sugar levels, accelerates the demand for sugar-free carbonated drinks as a healthier substitute for traditional sugary options.

Market Catalysts:
Increased prevalence of obesity and related diseases drives the shift towards sugar-free carbonated drinks.
Fast food chains, including KFC, Pizza Hut, and Burger King, significantly contribute to increased consumption, offering sugar-free options with affordable meal plans.

Challenges and Obstacles:
Rising raw material prices, declining consumption of carbonated drinks, and seasonality pose challenges to market growth.
Health-related risks associated with carbonated drinks contribute to a decrease in overall consumption in mature markets.

Market Segmentation:
Types: Soft drinks, energy drinks, sports drinks, and carbonated water.
Flavors: Cola, lime, orange, lemonade, and others.
Distribution Channels: Hypermarkets/supermarkets, convenience stores, independent retailers, and others.

Trends and Preferences:
Soft drinks dominate the market, contributing $48 billion in 2020, with sustained significance expected.
Cola flavor holds a dominant 54% market share in 2020, fueled by aggressive marketing campaigns by industry leaders like The Coca-Cola Company.

Regional Dynamics:
North America leads in 2020, capturing 34.6% of the global market share, followed by Europe.
Asia-Pacific exhibits promising growth due to increased penetration of fast food chains and rising consumer awareness.

โ–ถ ๐†๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง : https://www.alliedmarketresearch.com/request-for-customization/13993

Market Players and Strategies:
Key players include Arizona Beverage Company, Asahi Group Holdings, Bisleri International, PepsiCo, Keurig Dr Pepper, and The Coca-Cola Company.
Developmental strategies focus on market share expansion, leveraging opportunities, and increasing profitability.

Forecast and Projections:
The sugar-free carbonated drinks market is estimated to reach $243.5 billion by 2030, experiencing a CAGR of 7.3%.
Sports drinks are expected to witness the fastest growth at a CAGR of 7.9% during the forecast period.

Consumer Trends:
Desire for a fit and active lifestyle propels the demand for sugar-free carbonated drinks, reflecting changing consumer preferences.

The sugar-free carbonated drinks market showcases a dynamic landscape, driven by health-conscious choices and evolving dietary habits, presenting substantial growth opportunities for industry players.
In-depth Description (Optional):
In a world where health consciousness reigns supreme, the sugar-free carbonated drinks market emerges as a beacon of choice for consumers striving to balance taste with nutritional considerations. As concerns over obesity and high blood sugar levels persist, the demand for low-calorie or no-calorie carbon-infused beverages has reached unprecedented levels. A shift in preferences from traditional sugary options to healthier substitutes has become a global phenomenon, driven by an alarming increase in premature deaths attributed to obesity and high blood sugar.

โ–ถ ๐๐”๐˜ ๐๐Ž๐– : https://www.alliedmarketresearch.com/checkout-final/2f6943285a9658a314bec97fcacc5852

The bustling landscape of fast food culture, marked by the exponential growth of restaurant chains, cloud kitchens, and food delivery services, has become a significant catalyst for the sugar-free carbonated drinks market. Iconic names like KFC, Pizza Hut, and Burger King, often associated with an enticing carbonated soft drink in their meal plans, contribute significantly to the surging consumption of sugar-free alternatives. According to data from the Centers for Disease Control and Prevention (CDC), around 36.6% of adults in the U.S. regularly indulge in fast food, further amplifying the market's momentum.

However, like any thriving industry, challenges loom on the horizon. Escalating raw material prices, a decline in carbonated drink consumption, and seasonality concerns pose hurdles. Health-related risks associated with carbonated drinks have led to a decrease in overall consumption, particularly in mature markets like North America and Europe.

The sugar-free carbonated drinks market, meticulously segmented based on type, flavor, distribution channel, and region, paints a comprehensive picture of an industry in constant evolution. Soft drinks emerge as the dominant force, contributing a substantial $48 billion in 2020, with sustained significance expected throughout the forecast period. The allure of the classic cola flavor, holding 54% of the market share in 2020, owes much to the relentless marketing campaigns by industry giants like The Coca-Cola Company.

Regionally, North America takes the lead, capturing 34.6% of the global market share in 2020, closely followed by Europe. The Asia-Pacific region, witnessing increased penetration of fast food chains and rising consumer awareness, promises a growth trajectory.

โ–ถ ๐’๐๐„๐€๐Š ๐–๐ˆ๐“๐‡ ๐€๐๐€๐‹๐˜๐’๐“ : https://www.alliedmarketresearch.com/connect-to-analyst/13993

As the sugar-free carbonated drinks market continues its ascent, key players such as Arizona Beverage Company, Asahi Group Holdings, PepsiCo, and The Coca-Cola Company strategically position themselves to harness the industry's potential. Developmental strategies focus on market share expansion, leveraging emerging opportunities, and enhancing overall profitability.

In conclusion, the sugar-free carbonated drinks market stands at the intersection of health-conscious consumer choices and the dynamic landscape of the global food industry. With projections reaching a staggering $243.5 billion by 2030 and a robust CAGR of 7.3%, the market is not just a reflection of consumer preferences; it's a testament to the ever-evolving narrative of dietary habits and lifestyle choices on a global scale.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
David Correa
5933 NE Win Sivers Drive
#205,โ€ฏPortland, ORโ€ฏ97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
Indiaโ€ฏ(Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web:โ€ฏhttps://www.alliedmarketresearch.com
Follow Us on:โ€ฏLinkedInโ€ฏTwitter

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sugar-Free Carbonated Drinks Market Surges to $243.5 Billion by 2030, Propelled by Health-Conscious Consumers and Global Fast Food Trends here

News-ID: 3371056 • Views: โ€ฆ

More Releases from Allied Market Research

Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032
Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion โ€ฆ
Allied Market Research published a new report, titled, "Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determineโ€ฆ
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
The global marketing technology market is experiencing growth due to several factors, including the increasing digital transformation, the surge in demand for personalized experience, and the proliferation of automation and efficiency. However, data privacy and compliance, and the high cost of implementation are expected to hamper market growth. Furthermore, the growing integration of AI and ML technologies and the increase in demand for real-time marketing are anticipated to provide lucrativeโ€ฆ
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Bi โ€ฆ
Allied Market Research published a new report, titled, "Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry andโ€ฆ
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billion by 2031
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billi โ€ฆ
The Market report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market. The global Digital Educational Publishing Market was valued at $9.9 billion in 2021, and is projected to reach $41.5 billion by 2031, growing atโ€ฆ

All 5 Releases


More Releases for Cola

Nitro-infused Cola Market Key Drivers for 2025
"Market Overview and Recent Developments: The Nitro-infused Cola market is rapidly gaining traction, capturing the attention of consumers and manufacturers alike. This innovative beverage category combines the familiar taste of cola with the unique texture and creamy mouthfeel brought about by nitrogen infusion. As a result, Nitro-infused Cola is not merely a drink; it is an experience that enhances the traditional cola flavor profile. The relevance of this market extends beyondโ€ฆ
07-22-2024 | Food & Beverage
Coca cola
Coca cola celebrates local Impact through global presence
Ekiti State, July 15 2024 - Coca-Cola reaffirms its commitment to local communities worldwide by emphasizing its unique business model that combines global reach with a local focus. Known primarily for its iconic beverages, Coca-Cola operates through a network of local channels, ensuring that its products are available and accessible in every market it serves. At the heart of Coca-Cola's global strategy is a robust supply chain that integrates the effortsโ€ฆ
The Coca-Cola Co.: Enterprise Tech Ecosystem Series
A new independent 25 page research with title 'The Coca-Cola Co.: Enterprise Tech Ecosystem Series' guarantees you will remain better informed than your competition. and important players/vendors such as Google, Capgemini, Microsoft, Atos, Salesforce, Accenture, Amazon, SAP, Pristine, Apple, and Xamarin, Snooper, Snapchat, Aider, TabSquare, Kargo technologies, Bellr, Staybil, Uity, Tactic, Zappar, SkyDigital SA, Doshii. the research gives you a visual, one-stop breakdown of the leading products, submarkets andโ€ฆ
Caffeinated Beverage Market is Thriving| Keurig Dr Pepper, Jolt Cola, SlimFast, โ€ฆ
DataBridge Market Research has published the latest report titled "Global Caffeinated Beverage Market. Caffeinated Beverage Market report provides global coverage from 2013 to 2018. The report starts with the overview of Caffeinated Beverage industry, chain structure, and further, it describes current industry situation, analyzes global Caffeinated Beverage market share/volume and forecast up to 2026. The report studies world's major regions and also provides industry key player's profiles/analysis, regional coverage insights,โ€ฆ
Trending 2020: Cola Market Booming Worldwide
Exclusive Research report on Cola market 2020 with industry primary research, secondary research, product research, size, trends and forecast by 2030. This research report based on 'Cola market' and available with Market Study Report includes latest and upcoming industry trends in addition to the global spectrum of the 'Cola market' that includes numerous regions. Likewise, the report also expands on intricate details pertaining to contributions by key players, demand and supplyโ€ฆ
Orange Juices Market with top Coca-Cola, PepsiCo, Tingyi, Huiyuan, Wild, Jugo, E โ€ฆ
"Orange Juices Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/24386 UpMarketResearch offers a latest published report on โ€œGlobal Orange Juices Market Analysis and Forecast 2019 - 2026โ€ delivering key insights and providing a competitive advantage toโ€ฆ