Sugar Free Carbonated Drinks Market to record USD 10.55 Bn incremental growth; AriZona Beverages USA LLC, Asahi Group Holdings Ltd., and Bisleri International Pvt. Ltd. emerge as key vendors — Technavio
NEW YORK, Oct. 17, 2022 /PRNewswire/ — The “Sugar Free Carbonated Drinks Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. According to the report, the market size is expected to grow by USD 10.55 billion, accelerating at a CAGR of 6.14% during the forecast period. Technavio identifies USA LLC, Asahi Group Holdings Ltd., Bisleri International Pvt. Ltd., Britvic Plc, and Fyre Energy Drink Mix among others as dominant players in the market. The report provides a detailed analysis of the product launches, vendor landscape, successful strategies adopted by vendors, and major revenue-generating segments in the market. Buy Full Report Now
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The market is driven by the growing influence of online retailing, the increase in disposable income, and the growing consciousness toward health and wellness. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments. The report also covers the following areas:
Sugar Free Carbonated Drinks Market 2022-2026: Segmentation
The global sugar free carbonated drinks market is segmented as follows:
The market growth in the off-premise distribution channel will be significant in the market over the forecast period. Sugar free carbonated drinks are mostly sold through the offline distribution channel, which includes retail formats such as specialty stores, hypermarkets, supermarkets, convenience stores, warehouse clubs, or pharmacy stores. The wide popularity of these retail stores helps sugar free carbonated drink manufacturers expand their consumer base. Global retailers that operate through such retail formats continue to benefit from the geographically dispersed and expansive networks of stores. In addition, consumers find it beneficial to shop from such retail stores owing to attractive discount offers and schemes. All these factors are contributing to the growth of the segment.
40% of the market growth will come from North America during the forecast period. The rise in the number of people with obesity and diabetes has increased the consumption of healthy foods and beverages, including sugar free carbonated drinks in the region. Also, the rise in health awareness among consumers is increasing the demand for sugar free carbonated drinks.
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Sugar Free Carbonated Drinks Market 2022-2026: Vendor Analysis and Scope
To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the sugar free carbonated drinks market include:
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AriZona Beverages USA LLC: The company offers sugar free carbonated drinks such as Diet lemon tea.
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Asahi Group Holdings Ltd.: The company offers sugar free carbonated drinks such as Mitsuya cider.
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Bisleri International Pvt. Ltd.: The company offers sugar free carbonated drinks such as Limonata.
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Jones Soda Co.: The company offers sugar free carbonated drinks such as Jones diet cola cans.
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Keurig Dr Pepper Inc.: The company offers sugar free carbonated drinks such as Dr Pepper zero sugar.
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Britvic Plc
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Fyre Energy Drink Mix
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Hell Energy Hungary Kft.
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Kofola CeskoSlovensko A.S.
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PepsiCo Inc.
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Red Bull GmbH
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Refresco Group BV
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Rowdy Energy Drink
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Suntory Beverage and Food Ltd.
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The Coca Cola Co.
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The Kraft Heinz Co.
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XL Energy Marketing S.p. z o.o.
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ZOA Energy LLC
Sugar Free Carbonated Drinks Market 2022-2026: Key Highlights
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CAGR of the market during the forecast period 2022-2026
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Detailed information on factors that will assist sugar free carbonated drinks market growth during the next five years
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Estimation of the sugar free carbonated drinks market size and its contribution to the parent market
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Predictions on upcoming trends and changes in consumer behavior
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The growth of the sugar free carbonated drinks market
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Analysis of the market’s competitive landscape and detailed information on vendors
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Comprehensive details of factors that will challenge the growth of sugar free carbonated drinks market vendors
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Sugar Free Carbonated Drinks Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.14% |
Market growth 2022-2026 |
USD 10.55 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.76 |
Regional analysis |
North America, Europe, APAC, South America, and the Middle East and Africa |
Performing market contribution |
North America at 40% |
Key consumer countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AriZona Beverages USA LLC, Asahi Group Holdings Ltd., Bisleri International Pvt. Ltd., Britvic Plc, Fyre Energy Drink Mix, Hell Energy Hungary Kft., Jones Soda Co., Keurig Dr Pepper Inc., Kofola CeskoSlovensko A.S., PepsiCo Inc., Red Bull GmbH, Refresco Group BV, Rowdy Energy Drink, Suntory Beverage and Food Ltd., The Coca Cola Co., The Kraft Heinz Co., XL Energy Marketing S.p. z o.o., and ZOA Energy LLC |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Distribution Channel
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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