At an impressive CAGR of 13.8%, the zero-sugar beverage market is likely to grow rapidly due to increased awareness of the health risks associated with excessive sugar intake and advances in sweetener technology.
LONDON, April 11, 2024 (GLOBE NEWSWIRE) — GLOBAL sugar free drinks market Significant growth is expected during the forecast period 2023-2030. CAGR is 13.8%. This growth is expected to drive the market's current valuation higher than before. From USD 3.5 billion to USD 8.8 billion by 2030.
The zero-carb beverage market has experienced significant growth in recent years due to increasing consumer demand for healthier beverage options and industry innovations in product formulation and marketing.
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Report scope
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Report attributes |
detail |
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base year |
2022 |
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Forecast year |
2023-2030 |
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Market size in 2022 |
8.8 billion USD |
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Estimated market size in 2030 |
3.5 billion USD |
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CAGR |
13.8% |
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The driving force behind growth |
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segmentation |
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Regional coverage |
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Consumers are increasingly demanding transparent labels and products with fewer artificial ingredients. Zero-sugar beverages with natural sweeteners and clean labels appeal to health-conscious consumers. The convenience of ready-to-drink zero-sugar beverages, available in a variety of flavors and packaging formats, appeals to busy consumers looking for on-the-go hydration options.
The market is driven by consumer demand for healthier options, advances in sweetener technology, and industry innovations in product development and marketing. As health consciousness continues to increase and consumers seek alternatives to sugar-sweetened beverages, the market for sugar-free beverages is expected to further expand, providing opportunities for growth and diversification for the beverage industry.
Zero sugar drinks offer a way to reduce calorie intake and manage weight, making them a popular choice for people looking to maintain a healthy lifestyle or lose weight. For people with diabetes or those looking to manage their blood sugar levels, sugar-free beverages are an alternative to sugary drinks that can cause blood sugar spikes.
For more industry insights, see: https://www.fairfieldmarketresearch.com/report/zero-sugar-beverages-market
Key research insights
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By 2023, the energy drink category will dominate the industry.
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The natural segment is expected to dominate in terms of global zero sugar beverage market share.
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The market for sugar-free beverages is expanding in the Asia-Pacific region.
Insights into segmentation analysis
Retail sector drives sales of zero-sugar drinks
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The retail sector has dominated the market and will continue to dominate the market.
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Significant expansion of urban population, increasing urbanization rate, rising per capita disposable income, and increasing acceptance of healthy eating habits among consumers are all contributing to this market.
Most popular segments of the energy drinks market
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Numerous factors contribute to the growth dominance of this segment in the market. Energy drinks are extremely popular with consumers looking for increased energy and improved performance.
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Demand for sugar-free energy drinks is increasing due to increasing health consciousness and concerns about sugar intake. Drinks will give you the energy you need without making you sick from too much sugar.
Key report highlights
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The convenience of purchasing sugar-free beverages for on-the-go or at-home consumption has increased their popularity among consumers.
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Rising wellness and fitness trends are making zero-carb beverages increasingly popular, especially among active individuals and fitness enthusiasts. ”
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Changing attitudes towards sugar intake and increasing incidence of diseases such as obesity and diabetes are driving market growth.
Insights into regional analysis
North America leads the market
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Energy drink adoption is expected to become mainstream in the North American region.
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Increasing numbers of people with obesity and diabetes, growing concerns about health and wellness, and strong demand for sugar-free products are all factors contributing to market dominance in the region.
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Renowned companies offering sugar-free products in various industries are contributing to the expansion of the market.
The zero-sugar beverage market is booming Asia Pacific
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Greater gains are expected in the Asia-Pacific region due to rising consumerism.
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Other factors driving the market in this region include rising disposable income and increased socialization.
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Numerous multinational companies in the region are driving market growth in the region, attracted by its large population, rapid urbanization, and growing demand for healthy and functional beverages among young people. Masu.
Key Companies Profiled in the Global Zero Sugar Beverages Market
Global Zero Sugar Beverage Industry Analysis, Size, Share, Growth, Trends and Forecast 2023-2030 – (by product type, by sweetener type, by sales channel, by region and by company): https://www.fairfieldmarketresearch.com/report/zero-sugar-beverages-market
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