Industry Background:
The rising awareness about the drawbacks of sugar on health has encouraged consumers to adapt sugar-free products. The excess consumption of sugar-based drinks causes metabolic impacts and health problems to the consumers. World Health Organization (WHO) recommends reducing the intake of free sugars to less than 10% of total energy intake and to 5% for the best health outcomes. The beverage makers selling sugar-free drinks exclusively on a various e-commerce platform such as Amazon has recorded the highest sales compared to those sold through in-store offline channels. As per a survey, in the United Kingdom the purchase of Coke Zero Sugar increased ~50% and Pepsi’s sugar-free drink Max sales rose by 17% in 2018. The demand for different sugar-free variants in carbonated drinks, tea & coffee, energy drinks, and dairy beverages is expected to boost the market growth in the forecast period.This growth is primarily driven by Increasing Diabetic Patients Worldwide and Demand For Better Health Products Due To Growing Concerns Over Obesity And Wellness.
Globally, a noticeable market trend is evident Rising Online Sugar-free Drinks Purchases. Major Vendors, such as The Coca-Cola Company (United States), Nestlé S.A. (United States), National Beverage Corp. (United States), Zevia (United States), Reed's, Inc. (United States), Perrier (France), Nongfu Spring Co., Ltd. (China), Mars Inc. (United States), Unilever (United Kingdom) and PepsiCo, Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increasing Diabetic Patients Worldwide
- Demand For Better Health Products Due To Growing Concerns Over Obesity And Wellness
Market Trend
- Rising Online Sugar-free Drinks Purchases
Restraints
- Increasing Cost Of Sugar-free Drinks
Opportunities
Increasing Awareness About Healthy Drinks In Emerging Countries and Growing Demand For Naturally Derived Sweeteners
Challenges
Intense Competition And Declining Profit Margins and Availability Of Artificial Sweeteners
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Sugar-free Drinks Study Sheds Light on
— The Sugar-free Drinks Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Sugar-free Drinks industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Sugar-free Drinks industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.