Low- and No-calorie Soda Market

Zero Calorie Sodas with no Real Sugar Hit Sweet Spot with Consumers: FMI Provides Key Insights Required to Successfully Navigate the Market in 30+ Economies

Low- and no-calorie Soda Market By Product Types & Region | Forecast 2023 to 2033

Low- and no-calorie Soda Market Overview

The low- and no-calorie soda market generated total revenue of US$ 20.99 billion in 2022. The industry is anticipated to record a significant CAGR of 2.2% over the forecast period to attain a market revenue of US$ 26.67 billion by 2033.

The demand for healthy beverages as opposed to sugary ones is escalating in light of growing health concerns among the masses. As a result, low- and no-calorie sodas are gaining preference among the target consumers.
Diabetic patients were the initial target consumers of low- and no-calorie sodas. However, in recent years, the market has also targeted the obese population, which is continuously rising. Chief elements contributing to rampant obesity, especially in developed regions, involve rising desk jobs, a sedentary lifestyle, and numerous fast-food establishments.
Upsurges in new product launches, inventive and engaging campaigns, and appealing product packaging are a few of the frequently adopted tactics by companies delivering low- and no-calorie sodas.
Rising awareness of the adverse effects of consuming sweetened beverages and restrictive of their calorie intake is projected to be favorable for the market.
Manufacturers of low and no-calorie sodas are free from any negative impact of the sugar tax. Rather the consumers of regular carbonated drinks are expected to shift to the lite versions due to sugar tax initiation, thereby compounding the sales.

Market Restraints

The surge in popularity of vegetable and natural fruit juices, for their myriad health benefits, is projected to disrupt market growth.
Growing preference for freshly prepared juices, smoothies, and other health drinks, made with traditional or new recipes might also hamper the demand for low- and no-calorie sodas.

Market Opportunities

The acceptance of these beverages is increasing in developing regions where the young population is substantial. Manufacturers are targeting the young population keen on exploring beverages with new tastes and flavors while maintaining a healthy lifestyle.
Innovations in product packaging to include sustainable materials for minimum carbon footprint and environmental impact are projected to attract environment-conscious beverage consumers.

New Trends in the Market

Surfacing of healthy sodas, such as seltzers, sparkling waters, and club sodas, by manufacturers to capitalize on the rising demand for zero or near-to-zero calories beverages.
Swapping with sugar-free sodas, which are lower in calories and carbohydrates, is a healthy choice compared to sugary counterparts.

Low- and no-calorie Soda Market Value (2023)	US$ 21.46 billion
Low- and no-calorie Soda Market Forecast Value (2033)	US$ 26.67 billion
Low- and no-calorie Soda Market CAGR (2023 to 2033)	2.2%

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

(2017 to 2022) Demand Outlook for Low- and no-calorie Soda Market Compared to Forecast Period (2023 to 2033)

The low- and no-calorie soda market attained a market revenue of US$ 20.99 billion in 2022. In the preceding years, the market was positively influenced by the sugar-reduction trend in food and beverage. The COVID-19 outbreak further pronounced the demand for healthy beverage options, with consumers introspecting the food and beverage they consumed. The pandemic escalated the focus of consumers towards self-care, involving the implementation of healthy eating habits to boost their immune systems.

According to the latest report published by Future Market Insights (FMI), the low- and no-calorie soda industry is anticipated to reach US$ 26.67 billion by the end of 2033, registering a CAGR of 2.2%. FMI identifies key developments that are projected to spur market growth:

Duration	Market Analysis
Short Term (2023 to 2026)	The market is anticipated to reach US$ 22.41 billion by 2025. Changing consumer purchasing behavior, preferring products with low or zero amounts of sugar and calories is projected to yield increased market revenue.
Medium Term (2026 to 2029)	By 2028, the market is estimated to generate revenue of US$ 23.93 billion. The market is projected to be pushed forward by various government initiatives. Alongside, manufacturers of food and beverages are developing new formulations with reduced sugar content to attract consumers and maintain market relevancy.
Long Term (2029 to 2033)	By the end of 2033, the market is slated to reach US$ 26.10 billion. In the long run, companies that are able to meet stringent government policies against sugar content in food, and can satisfy consumers' high expectations in terms of taste and health, are projected to stay in the market. Additionally, the incorporation of healthy ingredients in low- and no-calorie soda beverages, offering high nutrition, is predicted to augment market growth.

Comparative Analysis of Adjacent Markets

Low- and no-calorie Soda Market:

Differentiating Aspects	Low- and no-calorie Soda Market
CAGR (Forecast Period)	2.2%
Market Value in 2023	US$ 21.46 billion
Projected Market Value by 2033	US$ 26.67 billion
Growth Factors	Growing consumer health concerns, resulting in aversion to beverages containing high sugar content.
Trends	Imposition of taxes on beverages crossing the sugar content limit.
Opportunities	Incorporation of healthy ingredients to boost the health benefits from low- and no-calorie soda.

Low Fat Drinks Market:

Differentiating Aspects	Low Fat Drinks Market
CAGR (Forecast Period)	6%
Market Value in 2023	US$ 70 million
Projected Market Value by 2033	US$ 120 million
Growth Factors	Growing demand for healthy, low-fat drink options.
Trends	High demand from the young population.
Opportunities	New product launches for low-fat drinks are projected to invigorate product sales.

Organic Drinks Market:

Differentiating Aspects	Organic Drinks Market
CAGR (Forecast Period)	3.4%
Market Value in 2023	US$ 22,053.98 million
Projected Market Value by 2033	US$ 30,810.05 million
Growth Factors	Surging awareness regarding the nutritional benefits of consuming organic drinks.
Trends	Rising accessibility of organic drinks at nearby retail establishments.
Opportunities	Innovative marketing tactics attract consumers, especially those residing in urban places.

Nandini Roy Choudhury

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Category-wise Analysis

Key Insights for Product Type Segment

Reasonably Priced Low- and no-calorie Sodas Containing Artificial Sweeteners to Observe High Demand

The artificial sweetener segment is projected to account for a sizeable market share over the next 10 years, registering a CAGR of 2%. The surging buzz around low-calorie sodas available in the affordable price range is propelling the sales of such beverages, especially in countries undergoing development. Additionally, the low-price range of the product, compared to other sodas composed of natural sweeteners, helps the manufacturers enter the marketplace and gain new consumers.

The low and no-calorie sodas consisting of natural sweeteners cater to consumers' consciousness about their health. In addition, elevating demand for products containing natural ingredients from fitness enthusiasts is anticipated to push the demand for natural sweetener-filled low and no-calorie soda. The segment is estimated to expand at a CAGR of 2.6% from 2023 to 2033.

Country-wise Analysis

The United States Market Chiefly Influenced by Taxes Levied on Sugar-sweetened Soda

The dominance of the United States in the low- and no-calorie soda market is expected to remain intact. Market domination of the country can be attributed to the high rate of obesity among people in America, which is a key factor responsible for the rise in product sales. Furthermore, multiple policy initiatives implemented in the country, including taxation on the purchase of sugar-sweetened soda to reduce the consumption of such products and to fund health-promoting programs, are projected to yield profitable returns for low- and no-calorie soda manufacturers.

Government efforts to publicize the adverse health impact of sugar consumption and high sugar content in beverages are projected to help increase the market size of low- and no-calorie soda in the United States.

China Market Outlook: Rise in Consumption of Healthy, Lower-calorie Beverage Options

The growth of China low- and no-calorie soda industry is projected to continue apace, at a CAGR of 3.5% over the analysis period. By the end of 2033, the market is anticipated to generate a revenue of US$ 5.29 billion. The surging interest of MNCs to expand and establish their presence in the country for a wide consumer base is expected to induce market growth. In 2018, for instance, Coca-Cola Company launched a zero-sugar variant of ‘Thumbs Up’. Consumers in China are embracing western culture and lifestyle, which enables them to live a healthy life. As a result, consumption of healthy and low- and no-calorie soda is predicted to increase over the upcoming years.

Innovations in Calorie-free Carbonated Drinks to Lure People of Germany

Germany is expected to emerge as a significant market for low- and no-calorie soda within Europe. The German market is projected to expand at a CAGR of 1.8% over the forecast period. The rising low-sugar beverage launches in Germany to address increasing health concerns are projected to have a positive influence over the forecast period. Brands in the market are adapting to the negative image of sugar and coming up with low-sugar product lines to cater to the evolving consumer demands.

The low- and no-calorie soda serves the consumer base having the urge to consume soft drinks, while not compromising their health. The rising demand for zero-type and low-calories carbonated drinks is expected to foster regional market growth. Beverage makers are also constantly experimenting with the product's taste and flavors to ascertain their permanency in the drinks market.

Health Boom in Japan: Manufacturers to Restrict Calories for Weight-conscious Consumers

Japan low- and no-calorie soda market is projected to exhibit a CAGR of 1.5% over the assessment period. The swiftly widening legion of health-conscious consumers, from young women who want to stay slim to middle-aged men and women who want to trim their girth, is predicted to stimulate market growth. An array of beverages is being developed by manufacturers that help restrict calorie intake and satisfy taste buds to meet the burgeoning demand. Additionally, the surge in the availability of ‘zero-type’ beverages in convenience stores and supermarkets in Japan is projected to support product sales.

An increase in routine health check-ups that evaluate blood pressure, fat content, cholesterol, and blood sugar levels by the people of Japan has made them weight-conscious. Thereby, igniting a boom in the sales of zero-calorie sodas.

What the leading Companies in the Market are up to?

Key players in the industry are incessantly identifying consumer preferences and trends and working to develop flavor profiles that satisfy consumers' ever-evolving needs. FMI identified significant players in the low- and no-calorie soda, as follows:

The Coca-Cola Company	The firm is a leading beverage conglomerate in the world, incorporated in 1892, and headquartered in Georgia, the United States. The company is famous for its leading product and brand Coca-Cola. The corporation is engaged in manufacturing, marketing, and selling non-alcoholic beverages, soda bottles, alcoholic beverages, and concentrated syrups. The firm is proactively developing new products and limiting the sugar content used in the drinks to prepare low- and no-calorie beverage options.
Recent Development of The Coca-Cola Company	In 2021, the Coca-Cola Company launched reformulated Coca-Cola Zero Sugar in the United States. The company claims to offer an even more iconic-tasting Coke. The Coca-Cola Zero Sugar is a zero-calorie and-sugar alternative to the traditional Coca-Cola, with the aim to mirror the taste as closely as possible. The new recipe was released to align the taste closer to Coca-Cola.
PepsiCo Inc.	The company is a large food, beverage, and snack MNC, operating since 1965. The company has forayed into many categories and has been consistently developing and launching new products to expand its product portfolio containing a wide range of foods and beverages. A few of the innumerable products released by PepsiCo Inc. include Lay’s, Mountain Dew, Quaker, Cheetos, Pepsi-Cola, Doritos, and Gatorade.
Recent Development of PepsiCo Inc.	In January 2023, PepsiCo Inc. launched an improved version of Pepsi Zero Sugar having an incredible taste. The new formula of Pepsi Zero Sugar is a great example of the brand’s innovative approach to providing new flavor profiles.
Keurig Dr Pepper	Keurig Dr Pepper is an MNC, which specializes in beverages and coffeemakers, and has headquarters in Texas and Massachusetts, in the United States. The firm originated in 2018, post the merger between Dr Pepper Snapple Group and Keurig Green Mountain. The product range of Keurig Dr Pepper Inc. includes diverse varieties of ready-to-drink beverages. A few of the highly recognizable brands falling under the company’s umbrella include 7up, Crush, Dr Pepper, and Sunkist.
Recent Development of Keurig Dr Pepper Inc.	In April 2021, Keurig Dr Pepper released a new zero-sugar range in the United States from its flagship Dr Pepper CSD brand. The Dr Pepper Zero Sugar line comprises three flavors – Cherry, Original, and Cream Soda. Each can of this beverage consists of 55 calories and contains aspartame as a sweetening agent.

Other significant companies offering low- and no-calorie soda include Zevia and Kirin Holdings Co., Ltd, among others.

Scope of Low- and no-calorie Soda Market Report

Attributes	Details
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	US$ million/ billion for Value
By Product Type	Artificial Sweetener Natural Sweetener
By Region	North America Latin America Europe Asia Pacific The Middle East and Africa
Key Countries Covered	The United States, Brazil, Mexico, Canada, the United Kingdom, Germany, France, Spain, Italy, Russia, Argentina, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam, Australia, Poland, China, New Zealand, Japan, GCC countries, South Africa, others
Key Players	The Coca-Cola Company PepsiCo Inc. Keurig Dr Pepper Zevia Kirin Holdings Co., Ltd Others

Key Market Segmentation

By Product Type:

Artificial Sweetener
Natural Sweetener

By Regions:

North America
Latin America
Europe
Asia Pacific
The Middle East and Africa

Frequently Asked Questions

How much the Global Low- and no-calorie Soda Market is estimated to be Worth by 2033?

The global low- and no-calorie soda market is projected to reach a valuation of US$ 26.67 billion by 2033.

Which are the Top Companies Providing Low- and no-calorie Soda?

The Coca-Cola Company and PepsiCo Inc. are the top players in the low- and no-calorie soda market.

Which Region is Expected to Dominate the Low- and no-calorie Soda Market?

The United States is expected to dominate the low- and no-calorie soda market throughout the forecast period.

At what CAGR is the Global Low- and no-calorie Soda Market Projected to Expand in the Forecast Period?

The global low- and no-calorie soda market is projected to expand at a CAGR of 2.2%.

Table of Content

1. Executive Summary | Low- and No-calorie Soda Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer’s

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis, 2018 to 2022

4.2. Current and Future Market Size Value (US$ Million) & Volume (Litre) Projections, 2023 to 2033

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Type, 2018 to 2022

5.3. Current and Future Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Type, 2023 to 2033

5.3.1. Artificial Sweetener

5.3.2. Natural Sweetener

5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022

5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel

6.1. Introduction / Key Findings

6.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Distribution Channel, 2018 to 2022

6.3. Current and Future Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Distribution Channel, 2023 to 2033

6.3.1. Supermarkets/Hypermarkets

6.3.2. Convenience Stores

6.3.3. Online Retail Stores

6.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022

6.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

7.1. Introduction

7.2. Historical Market Size Value (US$ Million) & Volume (Litre) Analysis By Region, 2018 to 2022

7.3. Current Market Size Value (US$ Million) & Volume (Litre) Analysis and Forecast By Region, 2023 to 2033

7.3.1. North America

7.3.2. Latin America

7.3.3. Europe

7.3.4. Asia Pacific

7.3.5. MEA

7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

8.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022

8.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033

8.2.1. By Country

8.2.1.1. USA

8.2.1.2. Canada

8.2.2. By Type

8.2.3. By Distribution Channel

8.3. Market Attractiveness Analysis

8.3.1. By Country

8.3.2. By Type

8.3.3. By Distribution Channel

8.4. Key Takeaways

9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

9.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022

9.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033

9.2.1. By Country

9.2.1.1. Brazil

9.2.1.2. Mexico

9.2.1.3. Rest of Latin America

9.2.2. By Type

9.2.3. By Distribution Channel

9.3. Market Attractiveness Analysis

9.3.1. By Country

9.3.2. By Type

9.3.3. By Distribution Channel

9.4. Key Takeaways

10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

10.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022

10.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033

10.2.1. By Country

10.2.1.1. Germany

10.2.1.2. United kingdom

10.2.1.3. France

10.2.1.4. Spain

10.2.1.5. Italy

10.2.1.6. Rest of Europe

10.2.2. By Type

10.2.3. By Distribution Channel

10.3. Market Attractiveness Analysis

10.3.1. By Country

10.3.2. By Type

10.3.3. By Distribution Channel

10.4. Key Takeaways

11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

11.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022

11.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033

11.2.1. By Country

11.2.1.1. China

11.2.1.2. Japan

11.2.1.3. South Korea

11.2.1.4. Singapore

11.2.1.5. Thailand

11.2.1.6. Indonesia

11.2.1.7. Australia

11.2.1.8. New Zealand

11.2.1.9. Rest of Asia Pacific

11.2.2. By Type

11.2.3. By Distribution Channel

11.3. Market Attractiveness Analysis

11.3.1. By Country

11.3.2. By Type

11.3.3. By Distribution Channel

11.4. Key Takeaways

12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

12.1. Historical Market Size Value (US$ Million) & Volume (Litre) Trend Analysis By Market Taxonomy, 2018 to 2022

12.2. Market Size Value (US$ Million) & Volume (Litre) Forecast By Market Taxonomy, 2023 to 2033

12.2.1. By Country

12.2.1.1. GCC Countries

12.2.1.2. South Africa

12.2.1.3. Israel

12.2.1.4. Rest of MEA

12.2.2. By Type

12.2.3. By Distribution Channel

12.3. Market Attractiveness Analysis

12.3.1. By Country

12.3.2. By Type

12.3.3. By Distribution Channel

12.4. Key Takeaways

13. Key Countries Market Analysis

13.1. USA

13.1.1. Pricing Analysis

13.1.2. Market Share Analysis, 2022

13.1.2.1. By Type

13.1.2.2. By Distribution Channel

13.2. Canada

13.2.1. Pricing Analysis

13.2.2. Market Share Analysis, 2022

13.2.2.1. By Type

13.2.2.2. By Distribution Channel

13.3. Brazil

13.3.1. Pricing Analysis

13.3.2. Market Share Analysis, 2022

13.3.2.1. By Type

13.3.2.2. By Distribution Channel

13.4. Mexico

13.4.1. Pricing Analysis

13.4.2. Market Share Analysis, 2022

13.4.2.1. By Type

13.4.2.2. By Distribution Channel

13.5. Germany

13.5.1. Pricing Analysis

13.5.2. Market Share Analysis, 2022

13.5.2.1. By Type

13.5.2.2. By Distribution Channel

13.6. United kingdom

13.6.1. Pricing Analysis

13.6.2. Market Share Analysis, 2022

13.6.2.1. By Type

13.6.2.2. By Distribution Channel

13.7. France

13.7.1. Pricing Analysis

13.7.2. Market Share Analysis, 2022

13.7.2.1. By Type

13.7.2.2. By Distribution Channel

13.8. Spain

13.8.1. Pricing Analysis

13.8.2. Market Share Analysis, 2022

13.8.2.1. By Type

13.8.2.2. By Distribution Channel

13.9. Italy

13.9.1. Pricing Analysis

13.9.2. Market Share Analysis, 2022

13.9.2.1. By Type

13.9.2.2. By Distribution Channel

13.10. China

13.10.1. Pricing Analysis

13.10.2. Market Share Analysis, 2022

13.10.2.1. By Type

13.10.2.2. By Distribution Channel

13.11. Japan

13.11.1. Pricing Analysis

13.11.2. Market Share Analysis, 2022

13.11.2.1. By Type

13.11.2.2. By Distribution Channel

13.12. South Korea

13.12.1. Pricing Analysis

13.12.2. Market Share Analysis, 2022

13.12.2.1. By Type

13.12.2.2. By Distribution Channel

13.13. Singapore

13.13.1. Pricing Analysis

13.13.2. Market Share Analysis, 2022

13.13.2.1. By Type

13.13.2.2. By Distribution Channel

13.14. Thailand

13.14.1. Pricing Analysis

13.14.2. Market Share Analysis, 2022

13.14.2.1. By Type

13.14.2.2. By Distribution Channel

13.15. Indonesia

13.15.1. Pricing Analysis

13.15.2. Market Share Analysis, 2022

13.15.2.1. By Type

13.15.2.2. By Distribution Channel

13.16. Australia

13.16.1. Pricing Analysis

13.16.2. Market Share Analysis, 2022

13.16.2.1. By Type

13.16.2.2. By Distribution Channel

13.17. New Zealand

13.17.1. Pricing Analysis

13.17.2. Market Share Analysis, 2022

13.17.2.1. By Type

13.17.2.2. By Distribution Channel

13.18. GCC Countries

13.18.1. Pricing Analysis

13.18.2. Market Share Analysis, 2022

13.18.2.1. By Type

13.18.2.2. By Distribution Channel

13.19. South Africa

13.19.1. Pricing Analysis

13.19.2. Market Share Analysis, 2022

13.19.2.1. By Type

13.19.2.2. By Distribution Channel

13.20. Israel

13.20.1. Pricing Analysis

13.20.2. Market Share Analysis, 2022

13.20.2.1. By Type

13.20.2.2. By Distribution Channel

14. Market Structure Analysis

14.1. Competition Dashboard

14.2. Competition Benchmarking

14.3. Market Share Analysis of Top Players

14.3.1. By Regional

14.3.2. By Type

14.3.3. By Distribution Channel

15. Competition Analysis

15.1. Competition Deep Dive

15.1.1. Dr Pepper Snapple

15.1.1.1. Overview

15.1.1.2. Product Portfolio

15.1.1.3. Profitability by Market Segments

15.1.1.4. Sales Footprint

15.1.1.5. Strategy Overview

15.1.1.5.1. Marketing Strategy

15.1.1.5.2. Product Strategy

15.1.1.5.3. Channel Strategy

15.1.2. HassiaGruppe

15.1.2.1. Overview

15.1.2.2. Product Portfolio

15.1.2.3. Profitability by Market Segments

15.1.2.4. Sales Footprint

15.1.2.5. Strategy Overview

15.1.2.5.1. Marketing Strategy

15.1.2.5.2. Product Strategy

15.1.2.5.3. Channel Strategy

15.1.3. Kirin Holdings

15.1.3.1. Overview

15.1.3.2. Product Portfolio

15.1.3.3. Profitability by Market Segments

15.1.3.4. Sales Footprint

15.1.3.5. Strategy Overview

15.1.3.5.1. Marketing Strategy

15.1.3.5.2. Product Strategy

15.1.3.5.3. Channel Strategy

15.1.4. PepsiCo

15.1.4.1. Overview

15.1.4.2. Product Portfolio

15.1.4.3. Profitability by Market Segments

15.1.4.4. Sales Footprint

15.1.4.5. Strategy Overview

15.1.4.5.1. Marketing Strategy

15.1.4.5.2. Product Strategy

15.1.4.5.3. Channel Strategy

15.1.5. The Coca-Cola Company

15.1.5.1. Overview

15.1.5.2. Product Portfolio

15.1.5.3. Profitability by Market Segments

15.1.5.4. Sales Footprint

15.1.5.5. Strategy Overview

15.1.5.5.1. Marketing Strategy

15.1.5.5.2. Product Strategy

15.1.5.5.3. Channel Strategy

15.1.6. Zevia

15.1.6.1. Overview

15.1.6.2. Product Portfolio

15.1.6.3. Profitability by Market Segments

15.1.6.4. Sales Footprint

15.1.6.5. Strategy Overview

15.1.6.5.1. Marketing Strategy

15.1.6.5.2. Product Strategy

15.1.6.5.3. Channel Strategy

15.1.7. Cott Corporation

15.1.7.1. Overview

15.1.7.2. Product Portfolio

15.1.7.3. Profitability by Market Segments

15.1.7.4. Sales Footprint

15.1.7.5. Strategy Overview

15.1.7.5.1. Marketing Strategy

15.1.7.5.2. Product Strategy

15.1.7.5.3. Channel Strategy

15.1.8. Polar Beverages

15.1.8.1. Overview

15.1.8.2. Product Portfolio

15.1.8.3. Profitability by Market Segments

15.1.8.4. Sales Footprint

15.1.8.5. Strategy Overview

15.1.8.5.1. Marketing Strategy

15.1.8.5.2. Product Strategy

15.1.8.5.3. Channel Strategy

15.1.9. Perrier

15.1.9.1. Overview

15.1.9.2. Product Portfolio

15.1.9.3. Profitability by Market Segments

15.1.9.4. Sales Footprint

15.1.9.5. Strategy Overview

15.1.9.5.1. Marketing Strategy

15.1.9.5.2. Product Strategy

15.1.9.5.3. Channel Strategy

15.1.10. Thai Beverage Public Company Limited

15.1.10.1. Overview

15.1.10.2. Product Portfolio

15.1.10.3. Profitability by Market Segments

15.1.10.4. Sales Footprint

15.1.10.5. Strategy Overview

15.1.10.5.1. Marketing Strategy

15.1.10.5.2. Product Strategy

15.1.10.5.3. Channel Strategy

16. Assumptions & Acronyms Used

17. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (Litre) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 4: Global Market Volume (Litre) Forecast by Type, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033

Table 6: Global Market Volume (Litre) Forecast by Distribution Channel, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 8: North America Market Volume (Litre) Forecast by Country, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 10: North America Market Volume (Litre) Forecast by Type, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033

Table 12: North America Market Volume (Litre) Forecast by Distribution Channel, 2018 to 2033

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Latin America Market Volume (Litre) Forecast by Country, 2018 to 2033

Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 16: Latin America Market Volume (Litre) Forecast by Type, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033

Table 18: Latin America Market Volume (Litre) Forecast by Distribution Channel, 2018 to 2033

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 20: Europe Market Volume (Litre) Forecast by Country, 2018 to 2033

Table 21: Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 22: Europe Market Volume (Litre) Forecast by Type, 2018 to 2033

Table 23: Europe Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033

Table 24: Europe Market Volume (Litre) Forecast by Distribution Channel, 2018 to 2033

Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Asia Pacific Market Volume (Litre) Forecast by Country, 2018 to 2033

Table 27: Asia Pacific Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 28: Asia Pacific Market Volume (Litre) Forecast by Type, 2018 to 2033

Table 29: Asia Pacific Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033

Table 30: Asia Pacific Market Volume (Litre) Forecast by Distribution Channel, 2018 to 2033

Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 32: MEA Market Volume (Litre) Forecast by Country, 2018 to 2033

Table 33: MEA Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 34: MEA Market Volume (Litre) Forecast by Type, 2018 to 2033

Table 35: MEA Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033

Table 36: MEA Market Volume (Litre) Forecast by Distribution Channel, 2018 to 2033

Nandini Roy Choudhury

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

Figure 1: Global Market Value (US$ Million) by Type, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Distribution Channel, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 5: Global Market Volume (Litre) Analysis by Region, 2018 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 9: Global Market Volume (Litre) Analysis by Type, 2018 to 2033

Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 12: Global Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033

Figure 13: Global Market Volume (Litre) Analysis by Distribution Channel, 2018 to 2033

Figure 14: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033

Figure 15: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033

Figure 16: Global Market Attractiveness by Type, 2023 to 2033

Figure 17: Global Market Attractiveness by Distribution Channel, 2023 to 2033

Figure 18: Global Market Attractiveness by Region, 2023 to 2033

Figure 19: North America Market Value (US$ Million) by Type, 2023 to 2033

Figure 20: North America Market Value (US$ Million) by Distribution Channel, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 23: North America Market Volume (Litre) Analysis by Country, 2018 to 2033

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 26: North America Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 27: North America Market Volume (Litre) Analysis by Type, 2018 to 2033

Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 30: North America Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033

Figure 31: North America Market Volume (Litre) Analysis by Distribution Channel, 2018 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033

Figure 34: North America Market Attractiveness by Type, 2023 to 2033

Figure 35: North America Market Attractiveness by Distribution Channel, 2023 to 2033

Figure 36: North America Market Attractiveness by Country, 2023 to 2033

Figure 37: Latin America Market Value (US$ Million) by Type, 2023 to 2033

Figure 38: Latin America Market Value (US$ Million) by Distribution Channel, 2023 to 2033

Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 41: Latin America Market Volume (Litre) Analysis by Country, 2018 to 2033

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 45: Latin America Market Volume (Litre) Analysis by Type, 2018 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033

Figure 49: Latin America Market Volume (Litre) Analysis by Distribution Channel, 2018 to 2033

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033

Figure 52: Latin America Market Attractiveness by Type, 2023 to 2033

Figure 53: Latin America Market Attractiveness by Distribution Channel, 2023 to 2033

Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 55: Europe Market Value (US$ Million) by Type, 2023 to 2033

Figure 56: Europe Market Value (US$ Million) by Distribution Channel, 2023 to 2033

Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 59: Europe Market Volume (Litre) Analysis by Country, 2018 to 2033

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 62: Europe Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 63: Europe Market Volume (Litre) Analysis by Type, 2018 to 2033

Figure 64: Europe Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 66: Europe Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033

Figure 67: Europe Market Volume (Litre) Analysis by Distribution Channel, 2018 to 2033

Figure 68: Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033

Figure 69: Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033

Figure 70: Europe Market Attractiveness by Type, 2023 to 2033

Figure 71: Europe Market Attractiveness by Distribution Channel, 2023 to 2033

Figure 72: Europe Market Attractiveness by Country, 2023 to 2033

Figure 73: Asia Pacific Market Value (US$ Million) by Type, 2023 to 2033

Figure 74: Asia Pacific Market Value (US$ Million) by Distribution Channel, 2023 to 2033

Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033

Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 77: Asia Pacific Market Volume (Litre) Analysis by Country, 2018 to 2033

Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 81: Asia Pacific Market Volume (Litre) Analysis by Type, 2018 to 2033

Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 84: Asia Pacific Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033

Figure 85: Asia Pacific Market Volume (Litre) Analysis by Distribution Channel, 2018 to 2033

Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033

Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033

Figure 88: Asia Pacific Market Attractiveness by Type, 2023 to 2033

Figure 89: Asia Pacific Market Attractiveness by Distribution Channel, 2023 to 2033

Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033

Figure 91: MEA Market Value (US$ Million) by Type, 2023 to 2033

Figure 92: MEA Market Value (US$ Million) by Distribution Channel, 2023 to 2033

Figure 93: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 95: MEA Market Volume (Litre) Analysis by Country, 2018 to 2033

Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 98: MEA Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 99: MEA Market Volume (Litre) Analysis by Type, 2018 to 2033

Figure 100: MEA Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 101: MEA Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 102: MEA Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033

Figure 103: MEA Market Volume (Litre) Analysis by Distribution Channel, 2018 to 2033

Figure 104: MEA Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033

Figure 105: MEA Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033

Figure 106: MEA Market Attractiveness by Type, 2023 to 2033

Figure 107: MEA Market Attractiveness by Distribution Channel, 2023 to 2033

Figure 108: MEA Market Attractiveness by Country, 2023 to 2033