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The global low- and no-calorie soda market size are expected to grow at a CAGR of 2.30% during the forecast period of 2024-2032. The market growth is expected to be driven by the rising awareness among people of calorie consumption and increasing demand for no-calorie beverages in various regions around the world.
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Low and no-calorie sodas were first introduced during the 1950s and they are becoming a popular option among people around the world who want to reduce their sugar or calorie intake due to growing health awareness. Some of the widely known companies in this industry include Coca-Cola Company and PepsiCo. These beverages do not have sugar, instead, they are manufactured by utilising different types of artificial sweeteners, such as sucralose, cyclamates, acesulfame-k, aspartame, and saccharin.
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Based on type, the market can be segmented into artificial sweeteners and natural sweeteners. Based on distribution channels, it can be bifurcated into on-trade, and off-trade. The regional markets for the low- and no-calorie soda market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global low- and no-calorie soda market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
Based on distribution channels, the market can be bifurcated into on-trade and off-trade. The off-trade segment is expected to dominate the market, owing to the increasing sales and revenue generated by hypermarkets, supermarkets, and convenience stores, among others. These stores can provide a wide range of products offered by different brands and companies. Physical display of the products also enables the consumer to inspect the product and scan them for details.
In addition, various discounts and offers provided in the retail stores by various market players, attract customers and help in increasing brand visibility, which can further enhance the market value.
The global market can be divided into multiple regional markets, including North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.
Among these regions, North America is likely to dominate the market owing to the huge consumption of various types of beverages regularly, especially among younger age groups. The market players in the region are constantly innovating and launching premium products with new flavours, which can attract customers with higher spending power.
In addition, due to the rising prevalence of obesity, several policies have been implemented with the intention to control the consumption of sugar-sweetened beverages. Health promotion programs are also a major factor in aiding the development of the market, as they are spreading awareness about the sugar content and its effects on our bodies.
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The Coca-Cola Company is the largest beverage corporation in the world, founded in 1892 and headquartered in Georgia, United States. The company is most known for its leading brand and product Coca-Cola. It is engaged in manufacturing, selling, and marketing of soda beverages, non-alcoholic beverages, concentrates syrups, and alcoholic beverages. The company has been actively innovating with their products and reducing sugar in its drinks to present low- or no-calories beverage options
PepsiCo Inc. is a multinational food, beverage, and snack company that has been operating in the industry since 1965. The company has been constantly innovating and launching new products, which has developed its product portfolio to include a wide array of foods and beverages. Some of their most popular products include Lay’s, Doritos, Gatorade, Pepsi-Cola, Cheetos, Quaker, and Mountain Dew, among others.
Keurig Dr Pepper Inc. is a multinational beverage and coffeemaker company, which has its headquarters in Massachusetts and Texas, in the United States. The company was founded in 2018 after the merger between Keurig Green Mountain and Dr Pepper Snapple Group. It is a leading company in manufacturing and selling soft drinks, speciality coffee, tea, water, juice, and mixers. The company’s product portfolio includes multiple types of ready-to-drink beverages. Some of their most-known brands include Dr Pepper, 7up, Crush, and Sunkist.
Other key market players for the market include Zevia, and Polar Beverages, among others.
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:
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Breakup by Type |
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Breakup by Distribution Channels |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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
6.1 Global
6.2 Region
7 Industry Opportunities and Challenges
8 Global Low- and No-Calorie Soda Market Analysis
8.1 Key Industry Highlights
8.2 Global Low- and No-Calorie Soda Historical Market (2018-2023)
8.3 Global Low- and No-Calorie Soda Market Forecast (2024-2032)
8.4 Global Low- and No-Calorie Soda Market by Type
8.4.1 Artificial Sweetener
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Natural Sweetener
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Low- and No-Calorie Soda Market by Distribution Channels
8.5.1 On Trade
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Off Trade
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Low- and No-Calorie Soda Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Low- and No-Calories Soda Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Low- and No-Calories Soda Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Low- and No-Calories Soda Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Low- and No-Calories Soda Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Low- and No-Calories Soda Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 The Coca-Cola Company
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 PepsiCo Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Keurig Dr Pepper Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Zevia
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Polar Beverages
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Low- and No-Calorie Soda Market: Key Industry Highlights, 2017 and 2027
2. Global Low- and No-Calorie Soda Historical Market: Breakup by Type (USD Million), 2017-2021
3. Global Low- and No-Calorie Soda Market Forecast: Breakup by Type (USD Million), 2022-2027
4. Global Low- and No-Calorie Soda Historical Market: Breakup by Distribution Channels (USD Million), 2017-2021
5. Global Low- and No-Calorie Soda Market Forecast: Breakup by Distribution Channels (USD Million), 2022-2027
6. Global Low- and No-Calorie Soda Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Low- and No-Calorie Soda Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Low- and No-Calorie Soda Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Low- and No-Calorie Soda Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Low- and No-Calorie Soda Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Low- and No-Calorie Soda Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Low- and No-Calorie Soda Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Low- and No-Calorie Soda Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Low- and No-Calorie Soda Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Low- and No-Calorie Soda Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Low- and No-Calorie Soda Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Low- and No-Calorie Soda Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Low- and No-Calorie Soda Market Structure
The market is expected to grow at a CAGR of 2.30% during the forecast period of 2024-2032.
The market is driven by the growing demand for low- and no-calorie soda due to the increasing health consciousness and increasing effort by major market players to launch new variants in emerging markets.
The implementation of a sugar tax by government bodies to control the consumption of sugar-sweetened soda and increasing health promotion campaigns are key trends that can provide growth opportunities.
The regional markets for the global low- and no-calorie soda market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The sources available in the market include artificial sweeteners and natural sweeteners.
The low- and no-calorie soda market utilises different distribution channels including on-trade and off-trade.
The key players in the market include The Coca-Cola Company, PepsiCo Inc., Keurig Dr Pepper Inc., Zevia, and Polar Beverages, among others.
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