Global Sugar-Free Food and Beverages Market 2017-2021: Low Acceptance Due To Ambiguity On Safety Profile of Artificial Sweeteners

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Sugar-Free Food and Beverages Market 2017-2021" report to their offering.

The global sugar-free foods market to grow at a CAGR of 10.16% during the period 2017-2021.

Global Sugar-Free Foods Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the retail sales of sugar-free food and beverages.

The global sugar-free food and beverages market has been registering positive growth over the last few years and is shaping up to become one of the top competitive markets at a global level. With the rise in globalization, ample growth opportunities are being created in the market.

According to the report, one driver in market is shift toward healthy snacks and beverages. Consumers across the world are moving toward healthier diets and lifestyles. Most consumers now check the ingredients label before purchasing any food or beverage product. Specifically, consumers are becoming conscious about the amount of sugar intake and try to restrict it to the permissible levels. This preference for healthier alternatives has been fueling the global sugar-free food and beverage market. Higher disposable income has further contributed to this, as consumers now can afford to spend more on expensive sugar substitutes. New and existing vendors have started offering a wide choice of products and value-added offerings to cater to this growing demand.

Market Dynamics

Market drivers

Shift toward healthy snacks and beverages
Innovations in alternative sweeteners category and rising popularity of natural alternative sweeteners
Product premiumization
High demand for low-calorie beverages

Market challenges