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Diet Soft Drinks Market to Experience Revolutionary Growth Due to Consumers Preference of Healthier Beverages with Low or No Sugar Content Till 2025 | Million Insights
Asia Pacific is anticipated to grow at a CAGR of 3.8% over the forecast period. The Asia Pacific market region is full of opportunities for new segments like non-alcoholic beverages and convenience food, as growing economies like India and China are adapting the western lifestyle and culture that help consumers in being conscious about their health in their day-to-day life.
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Furthermore, increasing population of female workforce is transforming them to be economically independent, thereby, creating significant demand for non-alcoholic beverages and convenience food products. The above-mentioned factors are projected to increase the demand for diet soft drinks products in the upcoming years.
Diet soft drinks are mostly purchased from the general merchandisers and supermarkets. Supermarkets accounted for USD 1.4 billion of revenue in 2018. A variety of products sold by several brands are available in the supermarkets. These products can be compared for their price and quality physically by the consumers for purchasing the best variant, thereby, driving the demand of this segment.
The major players in the diet soft drink market include PepsiCo; Nestlé; Cott Corporation; Coca Cola; Polar Beverages; Unilever; and Keurig Dr Pepper, Inc.
https://www.millioninsights.com/industry-reports/global-diet-soft-drinks-market
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