Diet Soft Drink Market to witness Double Digit Growth in 2022, as Pandemic Blues End amidst Growing Demand for Low-Calorie Beverages

Credible Markets has released a new report titled, “Diet soft drinks market size, share & trends analysis report by ingredient, by origin, by distribution channel, by region, forecast period 2021 – 2028”. According to the report, the global soft drink market is expected to witness robust growth in 2021-2028 period, thanks to growing health consciousness, and strong recovery in key regions from Covid-19. The demand for low-carbonated drinks remains high, and will likely make way for strong growth for future growth with more organic brands.

The global soft drink market stood at USD 4.1 billion in 2018. This demand represented a small portion of the total soft drink market, wherein diet soft drinks accounted for less than 30% of total soft drinks for major brands like Pepsi. However, the momentum of growth remains firmly in favour of low-calorie, organic, diet brands in near future as public health consciousness has lowered sales for key soft drink brands over the last few decades. The diet soft drink market report will cover various ingredient-based market overview including carbonated water, acids, sweeteners, fruit/fruit juice, emulsions, preservatives, and anti-oxidants, among others. The report will also provide market overview for natural, and synthetic origin-based outlook for diet soft drinks during the 2022-2028 period.

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Based on the type of product, the global Diet Soft Drink market segmented into
Low Calorie
Zero Calorie

Based on the end-use, the global Diet Soft Drink market classified into
Convenience Store
Retail Stores

And the major players included in the report are
Keurig Dr Pepper
Cott Corporation
Polar Beverages

Based on geography, the global Diet Soft Drink market segmented into
North America [U.S., Canada, Mexico] Europe [Germany, UK, France, Italy, Rest of Europe] Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific] South America [Brazil, Argentina, Rest of Latin America] Middle East & Africa [GCC, North Africa, South Africa, Rest of Middle East and Africa]

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The global soft drink market remains a consolidated, and yet innovative landscape as demand for traditional brands shows limited scope for growth. Hence, key players in the market including PepsiCo; Coca Cola; Nestlé; Keurig Dr Pepper, Inc, Cott Corporation; Unilever and Polar Beverages are continuously experimenting with new brands to appeal to consumers. The potential for new products remains a promising prospect for entry for new players, while high-margins for distribution in developed region remains a key challenge for entry.

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