The market across North America is expected to dominate the market in terms of revenue throughout the forecast period. However, the market across Asia-Pacific would manifest the highest CAGR during the forecast period.
As per the report published by Allied Market Research, the global sugar-free carbonated drinks market is projected to reach $243.5 billion by 2030, growing at a CAGR of 7.3% from 2022 to 2031. The report outlines market characteristics, growth by segmentation, market potential, and competitive landscape.
Aniket Kadam, a Senior Research Analyst, Food & Beverages at Allied Market Research, stated, “Increase in prevalence of obesity and high blood sugar levels, rise in disposable income, and easy availability of sugar free carbonated drinks have boosted the growth of the global sugar free carbonated drinks market. However, rise in prices of raw materials and decline in consumption of carbon-infused drinks hinder the market growth. On the contrary, growth in health consciousness would open new opportunities in the future.”
Covid-19 pandemic impact on the market:
The Covid-19 pandemic resulted in complete or partial shutdown of manufacturing operations. Moreover, the travel restrictions and ban on import-export of non-essential items hampered the market. However, during the lockdown period, the demand for at-home consumption of sugar free carbonated drinks increased.
Download sample pages: https://www.facebook.com/photo.php?fbid=502615708540002&set=pb.100063747313165.-2207520000.&type=3
The global sugar free carbonated drinks market is analyzed across several regions such as Europe, North America, Asia-Pacific, and LAMEA. The market across North America is expected to dominate the market in terms of revenue throughout the forecast period. However, the market across Asia-Pacific would manifest the highest CAGR during the forecast period.
The global sugar free carbonated drinks market is divided based on type, flavor, and distribution channel.
Based on type, the soft drinks segment would hold the lion’s share from 2021 to 2031. In addition, the segment is estimated to showcase the highest CAGR during the forecast period.
On the basis of flavor, the cola segment is expected to hold the largest share during the forecast period, due to immense popularity of the cola flavor.
On the basis of distribution channel, the others segment which includes fast food chains, food service industry, quick service restaurants, online sale channel, and food would portray the highest CAGR during the forecast period. Furthermore, the segment is expected to continue its dominance in terms of share from 2021 to 2030.
The global sugar free carbonated drinks market report includes an in-depth analysis of the major market players such as Arizona Beverage Company, Llc., Asahi Group Holdings, Ltd., Bisleri International, Jones Soda Co., Keurig Dr Pepper, Inc., Kofola CeskoSlovensko A.S., PepsiCo, Inc., Refresco Group B.V., Suntory Group, and The Coca-Cola Company.
About Allied Market Research:
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 domains.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285 |UK: +44-845-528-1300 | Hong Kong: +852-301-84916 | India (Pune): +91-20-66346060 | Fax: +1-855-550-5975 Email” help@alliedmarketresearch.com
Follow us on LinkedIn, Facebook, Twitter, Pinterest, YouTube & Instagram