Press release
Sugar Free Beverages Market is expected to reach USD 10.9 billion by 2031 - Coca-Cola Company, PepsiCo, Inc., Monster Beverage Corporation.
Sugar Free Beverages Market
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What is the projected growth rate (CAGR) of the Global Sugar Free Beverages market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Sugar Free Beverages Market reached USD 7.9 billion in 2022 and is expected to reach USD 10.9 billion by 2031 and is expected to grow with a CAGR of 4.2% during the forecast period 2024-2031.
Sugar-free beverages are drinks formulated without added sugars, using alternatives like stevia, aspartame, or sucralose to provide sweetness. They cater to consumers looking to reduce sugar intake or manage calorie consumption while still enjoying sweet flavors. Popular among diabetic and health-conscious individuals, sugar-free beverages range from sodas to flavored waters. These beverages contribute to health-oriented diets without compromising on taste.
Key Developments:
❁ On July 27, 2022, Coca-Cola India launched low and zero-sugar variants of its popular sparkling beverage brands. This move was part of Coca-Cola's strategy to cater to the growing demand for healthier beverage options in the Indian market. Additionally, the company's bottling partners invested US$1 billion in expanding production capabilities within India to support the growing demand for these new products. This investment is expected to enhance the local production infrastructure and strengthen Coca-Cola's position in the competitive Indian beverage market.
List of the Key Players in the Sugar Free Beverages Market:
Coca-Cola Company, PepsiCo, Inc., Monster Beverage Corporation, Nestle Inc., Rockstar Inc., Suntory Holdings Limited, The Gatorade Company, The Kraft Heinz Company, The Hershey Company and Pernod Ricard.
Research Process:
Both primary and secondary data sources have been used in the global Sugar Free Beverages Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Sugar Free Beverages Market:
By Type: Energy Drinks, Ready-to-Go drinks, Carbonated Soft Drinks, Fruit and Vegetable Juices, Alcoholic beverages, Others.
By Distribution Channel: Supermarkets/Hypermarkets, Online Sales, Convenience Stores, Others.
Regional Breakout:
The global Sugar Free Beverages Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
✫ North America (U.S., Canada, Mexico)
✫ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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This Report Unveils:
✔ Go to Market Strategy- A roadmap to successfully product launch or service in the target market.
✔ Gain a clear picture of the market's health and growth trajectory through neutral analysis.
✔ Deep Market Insights delve into development trends, competitor landscape, supply and demand dynamics, brand share & pricing analysis year-over-year growth patterns, and key players' performance.
✔ Upon request, we can provide customized reports focusing on specific regions or countries, offering a granular view of their markets.
✔ Identify high-potential niche segments and regions poised for significant expansion.
✔ Analysis of Market Size (historical and forecast) Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM) to understand the market's overall size and your achievable market share.
✔ Gain a comprehensive understanding of the competitive landscape, including market share distribution, key players (innovators, startups, laggards, and pioneers), and their respective strengths and weaknesses.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Sugar Free Beverages manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Sugar Free Beverages in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the Sugar Free Beverages market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the Sugar Free Beverages market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
☞ What is the expected growth rate of the global Sugar Free Beverages market for the forecast period?
☞ What are the key driving factors that are responsible to shape the fate of the Sugar Free Beverages market during the forecast period?
☞ What will be the overall size of the market during the analysis period?
☞ What are the prominent market trends which influence the development of the Sugar Free Beverages market across various regions?
☞ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☞ What are the challenges and threats that are likely to act as a barrier to the growth of the Sugar Free Beverages market?
☞ What are the major opportunities that the companies can get to attain success in the world?
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Contact Person: Sai Kiran
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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