Jul 08, 2020 (CDN Newswire via Comtex) -- Infinium Global Research has recently published a global report on “ Diet Soft Drinks Market (Type - Low Calorie, and Zero Calorie; Application - Supermarket & General Merchandisers, Convenience Store, Food Service & Drinking Places, and Online): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.” The global diet soft drinks market is projected to grow at a CAGR of 4% over the forecast period of 2019-2025.
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Diet sodas are popular beverages among calorie-conscious people. Diet sodas are sweetened with artificial sweeteners like aspartame, cyclamate, saccharin, acesulfame-k, or sucralose instead of sugar. Diet sodas were first introduced for people with diabetes but later become popular with people who were trying to control their weight. Concern among people over obesity and wellness has resulted in a shift in consumer preference towards diet beverages. Capitalizing on consumer preferences two major companies PepsiCo and Coca Cola introduced healthy and low sugar content soft drinks. To expand their portfolios both the companies have jumped into new markets to drive growth.
For example, PepsiCo is adding aspartame back to its flagship Diet Pepsi product. Furthermore, both the companies are adding up their portfolio with different varieties of flavors and no sugar beverages. Other leading vendors in the market are not far behind. For instance, Keurig Dr Pepper, Inc. offers a large variety of diet beverages such as Canada Dry diet ginger ale. Similarly, Schweppes offers diet tonic water, which is consumed as a soft drink.
Demand for Diet Carbonated Soft Drinks Boosting the Diet Soft Drinks Market Globally
To meet the growing demand for diet carbonated soft drinks two major brands Coca Cola and PepsiCo have ramped up their production of low sugar colas and working on introducing diet versions of Thumps Up and Sprite.
Demand for Diet Soft Drinks as An Accompaniment for Food is Expected to Drive Diet Soft Drinks Market
Factors like the clean and healthy eating trend have impacted the food and beverage sector pushing manufacturers to come up with products with minimal or no artificial additives. For example, Coca Cola has launched Coke Life and PepsiCo offered Pepsi Next.
North America continues to dominate the global diet soft drinks market due to the huge consumption of diet soft drinks in daily life. Moreover, big brands are delving into producing premium products including unique flavors in drinks with health and nutritional benefits.
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Major Highlights of this Premium Report
Diet Soft Drinks Market Highlights
Diet Soft Drinks Market Projection
Diet Soft Drinks Market Regional Highlights
Global Diet Soft Drinks Market Overview
Porter's Five Forces Analysis
IGR-Growth Matrix Analysis
Value Chain Analysis of Diet Soft Drinks Market
Diet Soft Drinks Market Macro Indicator Analysis
Global Diet Soft Drinks Market by Type
Global Diet Soft Drinks Market by Application
Supermarket & General Merchandisers
Food Service & Drinking Places