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Australia Sugar Free Food and Beverage Market Size, Trends: By Product Type: Beverages, Confectionery, Bakery Products, Dairy and Dairy Alternatives, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Stores, Others; Regional Analysis; Competitive Landscape; 2024-2032
Australia Sugar Free Food and Beverage Market Outlook
The Australia sugar free food and beverage market size reached USD 2,851.33 million in 2023. The market is expected to grow at a CAGR of 4.47% between 2024 and 2032, reaching USD 4,224.62 million by 2032.
Key Takeaways
- According to the USDA, Australia's food, beverage, and grocery sectors constitute approximately one-third of the country's total manufacturing industry, with the food industry generating A$116 billion (US$80.4 billion) in turnover in 2021.
- In 2022, the Australian Institute of Health and Welfare reported that approximately 1.3 million Australians, or 5.3% of the population, were diagnosed with diabetes, consequently driving the Australia sugar free food and beverage market growth.
- As per the Australian Bureau of Statistics, diabetes stood as the seventh-highest cause of death in Australia in 2022, accounting for 6,050 fatalities. Additionally, Type 2 diabetes ranked twelfth, contributing 4.8% to the nation's overall disease burden.
Beverages are a significant contributor to the Australia sugar free food and beverage market growth in Australia, driven by rising health consciousness where consumers opt for healthier choices
Sugar-free beverages provide advantages like catering to health-conscious individuals, assisting in weight control, offering options suitable for diabetics, attracting a diverse customer base, and presenting a range of choices for different taste preferences.
Sugar-free confectionery offers guiltless indulgence, promotes dental wellness, meets various dietary needs, fosters inclusivity, showcases taste advancements, boasts extended shelf life, and taps into the expanding market for healthier alternatives.
In August 2023, Ferndale Foods Australia announced a $20 million investment in a Ballarat facility to meet the growing demand for "better for you" bars globally, identified through research and consultations for a comprehensive range of products that is sugar-free, gluten-free, and high fibre.
Market Segmentation
Australia Sugar Free Food and Beverage Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Beverages
- Confectionery
- Bakery Products
- Dairy and Dairy Alternatives
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmacies/Drug Stores
- Online Retail Stores
- Speciality Stores
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia sugar free food and beverage market key players are Ferndale Foods Australia, Double 'D' Products Australia Pty Ltd, SweetLife Australia Pty Ltd, Momentum Foods Pty Ltd and Think Products Pty Ltd among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Sugar Free Food and Beverage Market Overview
8.1 Key Industry Highlights
8.2 Australia Sugar Free Food and Beverage Market Historical Market (2018-2023)
8.3 Australia Sugar Free Food and Beverage Market Forecast (2024-2032)
9 Australia Sugar Free Food and Beverage Market by Product Type
9.1 Beverages
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Confectionery
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Bakery Products
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Dairy and Dairy Alternatives
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 Australia Sugar Free Food and Beverage Market by Distribution Channel
10.1 Supermarkets and Hypermarkets
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Convenience Stores
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Pharmacies/Drug Stores
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Online Retail Stores
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Speciality Stores
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Australia Sugar Free Food and Beverage Market by Region
11.1 New South Wales
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Victoria
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Queensland
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Australian Capital Territory
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Western Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Ferndale Foods Australia
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Double 'D' Products Australia Pty Ltd
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 SweetLife Australia Pty Ltd
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Momentum Foods Pty Ltd
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Think Products Pty Ltd
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Sugar Free Food and Beverage Market: Key Industry Highlights, 2018 and 2032
2. Australia Sugar Free Food and Beverage Market Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Australia Sugar Free Food and Beverage Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Australia Sugar Free Food and Beverage Market Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5. Australia Sugar Free Food and Beverage Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6. Australia Sugar Free Food and Beverage Market Historical Market: Breakup by Region (USD Million), 2018-2023
7. Australia Sugar Free Food and Beverage Market Forecast: Breakup by Region (USD Million), 2024-2032
8. Australia Sugar Free Food and Beverage Market Structure
Key Questions Answered in the Report
The market was valued at USD 2,851.33 million in 2023.
The market is projected to grow at a CAGR of 4.47% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 4,224.62 million in 2032.
The market is categorised according to product type, which includes beverages, confectionery, bakery products, dairy and dairy alternatives, and others.
The key players are Ferndale Foods Australia, Double 'D' Products Australia Pty Ltd, SweetLife Australia Pty Ltd, Momentum Foods Pty Ltd and Think Products Pty Ltd among others.
Based on the distribution channel, the market is divided into hypermarkets & supermarkets, convenience stores, speciality stores, online sales channels, pharmacies/drug stores, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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