Sugar-Free Food and Beverage Market

Sugar Free Food and Bevergaes market is anticipated to reach at USD 23,500 Million by 2027 at a CAGR of 9.3% over the forecast period.

Introduction of the Sugar-Free Food and Beverage Market Report

Sugar-free food products have natural or no sugar content in them and are largely consumed by people having diabetes, obesity, and other related diseases. The global sugar-free food and beverage market covers various types of products such as beverages, confectionery, bakery, dairy, and others.

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Market Dynamic

Key Drivers and Emerging Trends

One of the biggest factors that is contributing to the sugar-free food and beverage market size includes the increasing prevalence of diabetes and overweight/obesity, which is pushing individuals to opt for sugar-free alternatives. As per the data from IDF, there has been a significant increase in the proportion of people with type 2 diabetes in almost every country. Around 79% of the adult population living in low or middle-income countries has diabetes, and almost 1 in 5 of the people above 65 years old have diabetes. According to the American Heart Association, men should consume no more than 9 teaspoons of added sugar per day, whereas, for women, 6 teaspoons of sugar per day is enough.

The rising demand for low-calorie beverages and the cost-cutting benefits of using sugar substitutes is further driving the market growth. People consume low-calorie sweeteners as a part of their weight-control program, which helps them to decrease calorie intake and lose weight. Furthermore, the emergence of the COVID-19 has impacted the demand for sugar-free food and beverages. The pandemic has encouraged people to focus on their diet patterns in order to improve their immune systems. This has led to an increase in the demand for sugar-free food products over the coming years.

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Product Type – Segment Analysis

Based on the product type, the beverage segment is expected to grow at a higher CAGR during the forecast period. The growing popularity of sugar-free beverages is a major factor that is surging the growth of the market. This type of beverage have a smaller number of calories as artificial sweeteners used in these products are around 600 times sweeter as compared to sugar, thus reducing the usage of sweeteners in small portions. Sugar-free beverages are also helpful in weight loss diet plans as they have decreased calorie intake.

Distribution Channel – Segment Analysis

Based on the distribution channel, the supermarkets/hypermarkets is projected to grow at a faster CAGR during the forecast period. This is mainly attributed to the ability of this distribution channel to offer a wide range of product brands under one roof. In addition to this, the various discounted offers and easy payment mode is further surging the growth of this segment.

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Regional – Segment Analysis:

Based on the region, North America region is anticipated to lead the global sugar-free food and beverage market over the forecast period. The increasing concerns related to various diseases such as diabetes, obesity, and other cardiovascular diseases is a major factor that is propelling the regional market growth. According to IDF, the North America & Caribbean region registered around 48 million diabetes cases in 2019, which is expected to reach 56 million by 2030 and 63 million by 2045. Furthermore, the consumers in this region are increasingly opting for sugar-free food products as a result of health and wellness trend which is further driving the market growth.

Top Market Players

Various notable players operating in the market, include The Hershey Company, Nestlé S.A., Kellogg’s, Mars, Incorporated, PepsiCo, Inc., The Coca-Cola Company, The Kraft Heinz Company, Conagra Foodservice, Inc., Mondelez International Inc., and Unilever, among others. 

Key Developments:

• • In 2019, Nestlé S.A., invented a new way to create chocolate without the need to add sugar and relying on the leftover material from cocoa plants for sweetening.

Segments covered in the Report:

The global Sugar-Free Food and Beverage market has been segmented on the basis of Product Type, Distribution Channel, and regions. Based on Product Type, the market is segmented into Beverage, Dairy, Confectionery, Bakery, and Others. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others. 

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Key questions answered in this research report:

• • At what pace is global Sugar-Free Food and Beverage market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Sugar-Free Food and Beverage market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Sugar-Free Food and Beverage market?
  • Which Product Type generated maximum revenues in 2020 and identify the most promising Product Type during the forecast period?
  • What are the various Distribution Channel areas of global Sugar-Free Food and Beverage market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Sugar-Free Food and Beverage Market by Product Type

• • Beverage
  • Dairy
  • Confectionery
  • Bakery
  • Others

Global Sugar-Free Food and Beverage Market by Distribution Channel

• • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others

Global Sugar-Free Food and Beverage Market by Region

• • North America Sugar-Free Food and Beverage Market (Option 1: As a part of the free 25% customization)
    • North America Sugar-Free Food and Beverage Market by Product Type
    • North America Sugar-Free Food and Beverage Market by Distribution Channel
    • US Sugar-Free Food and Beverage Market All-Up
    • Canada Sugar-Free Food and Beverage Market All-Up
  • Europe Sugar-Free Food and Beverage Market (Option 2: As a part of the free 25% customization)
    • Europe Sugar-Free Food and Beverage Market by Product Type
    • Europe Sugar-Free Food and Beverage Market by Distribution Channel
    • UK Sugar-Free Food and Beverage Market All-Up
    • Germany Sugar-Free Food and Beverage Market All-Up
    • France Sugar-Free Food and Beverage Market All-Up
    • Spain Sugar-Free Food and Beverage Market All-Up
    • Rest of Europe Sugar-Free Food and Beverage Market All-Up
  • Asia-Pacific Sugar-Free Food and Beverage Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Sugar-Free Food and Beverage Market by Product Type
    • Asia-Pacific Sugar-Free Food and Beverage Market by Distribution Channel
    • China Sugar-Free Food and Beverage Market All-Up
    • India Sugar-Free Food and Beverage Market All-Up
    • Japan Sugar-Free Food and Beverage Market All-Up
    • Rest of APAC Sugar-Free Food and Beverage Market All-Up
  • RoW Sugar-Free Food and Beverage Market (Option 4: As a part of the free 25% customization)
    • RoW Sugar-Free Food and Beverage Market by Product Type
    • RoW Sugar-Free Food and Beverage Market by Distribution Channel
    • Brazil Sugar-Free Food and Beverage Market All-Up
    • South Africa Sugar-Free Food and Beverage Market All-Up
    • Saudi Arabia Sugar-Free Food and Beverage Market All-Up
    • UAE Sugar-Free Food and Beverage Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Sugar-Free Food and Beverage Market All-Up

Major Players Operating in the Sugar-Free Food and Beverage (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • The Hershey Company
  • Nestlé S.A.
  • Kellogg’s
  • Mars, Incorporated
  • PepsiCo, Inc.
  • The Coca-Cola Company
  • The Kraft Heinz Company
  • Conagra Foodservice, Inc.
  • Mondelez International Inc.
  • Unilever