Sugar-free Products Market Worth $65.31 Billion by 2029
Sugar-free Products Market by Type (Beverages, Food Products, Tabletop, Others); Sweetening Type (Sugar Substitute-sweetened Sugar-free Products, Naturally Sweetened); Distribution Channel (Supermarkets & Hypermarkets, Others) – Global Forecasts to 2029
The Sugar-free Products Market is Expected to reach $65.31 Billion by 2029 at a CAGR of 6.2% from 2022 to 2029. Sugar-free products are low-calorie products comprising zero sugar. They are sweetened with sugar substitutes and offer a taste similar to sugar. These products are a healthy alternative to products that contain sugar as they help reduce calories and help prevent diabetes & obesity.
The growth of this market is driven by factors such as the rising incidence rate of diabetes, the rising demand for low-calorie foods, and sugar taxes imposed on sugary drinks. However, the higher prices of sugar-free products restrain the growth of this market.
Report Story