Sugar-free carbonated drinks market is anticipated to grow at a significant CAGR of 7.4% during the forecast period. Sugar-free carbonated drinks are low-calorie drinks with added natural or artificial flavors, coloring, preservatives, and other ingredients. The high consumption of sugar in regular drinks may lead to obesity due to which many other diseases may occur. The rising cases of obesity among people are increasing the adoption of sugar-free carbonated drinks which led to the growth of the market. For instance, according to the Centers for Disease Control and Prevention (CDC), US obesity prevalence increased from 30.5% to 41.9%. During the same time, the prevalence of severe obesity increased from 4.7% to 9.2%. The estimated annual medical cost of obesity in the US was nearly $173 billion in 2019. Medical costs for adults who had obesity were $1,861 higher than medical costs for people with a healthy weight.
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The global sugar-free carbonated drinks market is segmented based on type, flavor, and distribution channel. Based on the type, the market is segmented into soft drinks, energy drinks, sports drinks, and carbonated water. Based on the flavor, the market is segmented into cola, lime, orange, lemonade, and others. Based on the distribution channel, the market is sub-segmented into online and offline. Among the type, the soft drink sub-segment is expected to hold a prominent share in the growth of the global sugar-free carbonated drinks market. Further, the sports drink sub-segment is expected to be the fastest-growing segment in the global sugar-free carbonated drinks market during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Sugar-Free Carbonated Drinks Market by Type
- Soft Drinks
- Energy Drinks
- Sports Drinks
- Carbonated Water
Global Sugar-Free Carbonated Drinks Market by Flavor
- Cola
- Lime
- Orange
- Lemonade
- Others
Global Sugar-Free Carbonated Drinks Market by Distribution Channel
- Online
- Offline
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AriZona Beverages USA, LLC
- Asahi Group Holdings, Ltd.
- Bisleri International
- BlueTriton Brands, Inc.
- Jones Soda Co.
- Keurig Dr. Pepper Inc.
- Kofola ?eskoSlovensko a.s.
- LaCroix Beverages, Inc.
- Nestlé Waters
- PepsiCo, Inc.
- Q Tonic, LLC
- Reeds inc (Virgil’s)
- Refresco Group
- Spindrift
- Suntory Holdings Ltd.
- The Coca-Cola Co.
- Zevia, LLC
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global sugar-free carbonated drinks market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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