Low- and No-Calorie Soda Market Demand and Growth Trends by 2033 The global demand for low- and no-calorie soda is predicted to register a CAGR of 2.2% over the forecast period, as per FMI’s analysis. The industry’s market size is anticipated to rise from US$ 21.46 billion in 2023 to US$ 26.67 billion by 2033. The emerging sugar reduction trend in soft drinks is supporting the sales of low- and no-calorie soda. Since the COVID-19 hit, consumers have been significantly impacted and have turned to healthy beverage options. Growing concerns over adopting a healthy lifestyle are also impeding the demand for low- and no-calorie beverages. Unlock In-Depth Market Insights and Propel Your Business Forward! Download our Sample Report Now! Popular brands are introducing new, healthy versions of their traditionally accepted products. Coca-Cola, for instance, has introduced Coca-Cola Zero Sugar to cater to the rising demand for tasty beverages with zero or low calories. The company has constantly been developing the taste of the lite version of Coca-Cola, striving to match it to the original flavor of classic Coca-Cola. The young consumers that are increasingly seeking lower-calorie, healthy beverage options are supporting the demand for low- and no-calorie soda. Other factors, such as the rise in lifestyle disorders, innovative marketing campaigns to involve netizens, and attractive packaging, among other influences, are helping the market to advance. Key Highlights of the Market: The United States market is projected to become significant over the next 10 years. Expanding obese population in the country and the imposition of tax on products with high sugar content are projected to enhance market size over the forecast period. The market in China is expected to assume a robust pace over the analysis period, expanding at a CAGR of 3.5%. The acceptance of low- and no-calorie sodas among the population of China is increasing. A significantly growing consumer base consisting mainly of the young population is also projected to favor market growth. The market in Japan for low- and no-calorie soda is projected to expand at a CAGR of 1.5% over the forecast period. The market is being positively influenced by the growing popularity of zero-sugar beverages among the populace. Additionally, a widening consumer base of low- and no-calorie soda, consisting mainly of health-conscious consumers, is expected to boost the market growth. The market in South Korea is witnessing growth as consumption of zero-sugar drinks is rising in the country. Preference for these beverages is increasing as people in Korea are seeking alternative products to shed extra pounds. New Developments by Leading Companies Spurring the Market Growth: In June 2022, Zevia, a plant-based, naturally sweetened, and zero-sugar beverage company announced two limited editions to its soda flavors portfolio. These two new flavors are Orange Cream and Fruit Punch and are available for a short duration at select retailers across the United States. In October 2019, The Coca-Cola Company officially announced that the company is introducing Coca-Cola Zero Sugar in flavors including cherry and vanilla in February 2020 in the United States. In January 2019, DALSTONSSODA, the United Kingdom-based company, introduced a new range of low-calorie beverages to its soft drinks line. The new launch targeted the ever-growing health-conscious consumers.

Ginger Beer Market and Global Foreseen Till 2033 The global ginger beer market is poised for robust growth, projected to achieve a significant market valuation of US$ 10.1 billion by the end of 2033, driven by a moderate CAGR of 7.7% from 2023 onwards. This substantial growth presents lucrative opportunities for investors and stakeholders looking to capitalize on the evolving beverage trends and consumer preferences. The escalating demand for low-alcohol and gluten-free beverages is a key driver propelling the ginger beer market forward. Health-conscious consumers are increasingly opting for ginger beer due to its perceived health benefits, including improved metabolism and alleviation of motion sickness. Market leaders such as G’s Hard Ginger Beer and Bundaberg are meeting this demand with innovative, organic, and vegan-friendly offerings, catering to a growing segment of health-conscious consumers. Get Your Report Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-15067 Additionally, the rising popularity of ginger beer cocktails in restaurants, pubs, and clubs is expanding the beverage’s appeal, further boosting market growth. The versatility of ginger beer in both alcoholic and non-alcoholic formats is appealing to a broad consumer base, from millennials seeking flavored hard beverages to health enthusiasts opting for low-calorie options. Key Takeaways • The desire of consumers for distinctive and refreshing drinks is predicted to support the continuous growth of the ginger beer market in India, with a CAGR of 8.9% by 2033. • The market for ginger beer in the U.K. is anticipated to grow rapidly, with a CAGR of 9.8% predicted by 2033 as customers warm to the distinct flavor and adaptability of beverages containing ginger. • The rising popularity of beverages with ginger and China’s developing beverage sector is expected to increase the market for ginger beer at a CAGR of 7.6% by 2033. • Australia’s ginger beer market is expected to expand moderately, with a CAGR of 1.6% by 2033, as people look for energizing and zesty substitutes for conventional carbonated drinks. • The rising customer inclination for beverages with ginger flavoring and Japan’s developing beverage market is predicted to propel the market for ginger beer to increase at a CAGR of 2.8% by 2033 gradually. Regional Insights North America dominates the global ginger beer market, accounting for over 35% of the revenue share in 2021. The region’s strong consumer base in the USA and Canada, coupled with increasing health awareness, continues to drive market growth. Collaborations and strategic alliances among key players are further bolstering market expansion and product innovation in this region. The Asia Pacific region is poised to experience above-average growth, anticipated at 8.4% CAGR during the forecast period. Growing consumer acceptance of ginger beer, supported by infrastructure developments in retail transportation, particularly in China and surrounding areas, is expected to fuel market growth significantly. Competitive Landscape and Recent Developments The global ginger beer market is characterized by a fragmented competitive landscape with prominent players such as Crabbie’s Alcoholic Ginger Beer, Bundaberg Brewed Drinks, Fever-Tree, and Fentimans leading the market. These companies are actively engaging in strategic partnerships, product expansions, and innovative marketing initiatives to strengthen their market presence. Major international beverage giants like Coca-Cola and PepsiCo have launched their brands in an effort to cash in on the growing popularity of ginger beer. To acquire a competitive advantage in the market, these well-established firms make use of their vast distribution networks, marketing prowess, and brand awareness. Recent developments • A new line of low-alcohol seasonal organically fermented products, including 0.7 percent alcohol content ABV ginger beer, was introduced by Docker Brewery and Bakehouse Company. • Tropical Ginger Beer, which would be available through a number of supply channels in the USA, was added to the Q Mixers Beverage Company’s product lineup. • Ginger Brew Co. has released a variety of ginger beer flavors that mix unusual ingredients with conventional brewing techniques to provide a distinctive flavor profile. Consumers looking for a delicious and refreshing alternative to traditional soft drinks have been drawn to these. #Ginger Beer Market