Press Release

Diet Soft Drinks Market to Grow with a CAGR of 3.93% through 2029

The global Diet Soft Drinks Market is expanding, driven by increasing health consciousness, rising obesity rates, demand for low-calorie beverages, product innovations, the shift towards sugar-free and zero-sugar alternatives.

 

According to TechSci Research report, “Diet Soft Drinks Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the global Diet Soft Drinks Market stood at USD 4.84 billion in 2023 and is expected to grow USD 6.10 billion by 2029 with a CAGR of 3.93% during the forecast period. The global diet soft drinks market has witnessed substantial growth over recent years, driven by the increasing health-consciousness among consumers. As people become more aware of the negative health impacts of sugar consumption, particularly in relation to obesity, diabetes, and heart diseases, there has been a marked shift toward low- or zero-calorie beverages. This trend is further amplified by the rise of various health-conscious movements and diets that prioritize weight management and overall well-being.

The increasing prevalence of lifestyle-related diseases has been a significant driver for the adoption of diet soft drinks. With rising rates of obesity and other metabolic conditions, consumers are actively seeking healthier alternatives to traditional sugary drinks. As a result, the demand for zero-calorie drinks, which provide a guilt-free indulgence, has surged globally. Companies have capitalized on this trend by introducing new flavors, functional ingredients, and innovative sweeteners like stevia and monk fruit, which are perceived as healthier alternatives to traditional artificial sweeteners like aspartame and sucralose. Additionally, the clean-label movement, which emphasizes natural ingredients and transparency in production, has found its way into the diet beverage segment, further driving growth​

Despite its growth, the global diet soft drinks market faces several challenges. One of the primary issues is the skepticism around artificial sweeteners, which, despite being approved by regulatory bodies, are often viewed by consumers as potentially harmful in the long run. This skepticism has prompted many manufacturers to explore natural sweeteners like stevia, monk fruit, and erythritol, which, while gaining popularity, are still not as widely accepted or understood by the average consumer. Moreover, there is the ongoing challenge of balancing taste and health. While sugar-free drinks have found a place in the market, there remains a strong consumer preference for traditional sugary sodas due to taste. This has led to a persistent battle between formulating products that satisfy taste buds while maintaining low or zero-calorie content. Additionally, the market faces regulatory challenges as different regions implement varied regulations concerning sweeteners and ingredient transparency​.


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The global Diet Soft Drinks Market is segmented into product, sales channel and region.

Based on product, the fastest-growing low-calorie segment in the beverage industry is functional beverages, particularly zero-calorie energy drinks, flavored waters, and drinks enriched with added health benefits. Consumers increasingly seek drinks with added value such as electrolytes, vitamins, and probiotics, driving growth in this niche. Brands like Red Bull, Monster, and Celsius are leading this segment, with products that not only offer zero calories but also support fitness, hydration, and overall well-being.

Based on the region, the fastest-growing region for the Diet Soft Drinks Market is Asia-Pacific (APAC). This region has seen significant growth due to changing consumer lifestyles, urbanization, and increasing awareness about health and wellness. Countries like China and India are experiencing a rise in disposable income and a shift toward healthier beverage options, including zero-calorie and low-calorie drinks. Additionally, rising obesity rates and an increasing focus on preventive health measures contribute to the demand for sugar-free alternatives in the region.

 

Major companies operating in the global Diet Soft Drinks Market are:

  • The CocaCola Company
  • PepsiCo, Inc.
  • Nestlé SA
  • Keurig Dr Pepper Inc.
  • Polar Beverages
  • National Beverage Corp.
  • Red Bull Gmbh
  • Monster Energy Corporation
  • Celsius, Inc.
  • Jones Soda Co.

 

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“The global Diet Soft Drinks Market is primarily driven by increasing health awareness and rising concerns about obesity, diabetes, and overall wellness. Consumers are actively seeking healthier alternatives to sugary drinks, leading to a growing demand for low-calorie options. Trends in the market include the rise of functional beverages with added health benefits like electrolytes, vitamins, and probiotics, as well as a growing preference for natural and plant-based sweeteners.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Diet Soft Drinks Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Product (Zero Calorie, Low Calorie), By Sales Channel (Supermarket/Hypermarket, Convenience Stores, Online, Others), By Region & Competition, 2019-2029F”, has evaluated the future growth potential of global Diet Soft Drinks Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Diet Soft Drinks Market.

 

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Diet Soft Drinks Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Product (Zero Calorie, Low Calorie), By Sales Channel (Supermarket/Hypermarket, Convenience Stores, Online, Others), By Region & Competition, 2019-2029F

Consumer Goods and Retail | Nov, 2024

The global Diet Soft Drinks Market is expanding, driven by increasing health consciousness, rising obesity rates, demand for low-calorie beverages, product innovations, the shift towards sugar-free and zero-sugar alternatives.

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