• Wed. Oct 5th, 2022

Global Sugar Free Food Industry to 2027 – Players include Nestle, PepsiCo, Unilever and Mars – ResearchAndMarkets.com | Nation/World

ByStephanie M. Akbar

Jul 26, 2022

DUBLIN–(BUSINESS WIRE)–July 26, 2022–

The “Sugar-Free Foods Market – Forecast 2022 to 2027” report has been added to ResearchAndMarkets.comoffer.

The evolution of people’s living conditions has seriously affected their diet in recent years. This is expected to increase the demand for low sugar and sugar free foods in the coming years.

Health problems associated with the consumption of high sugar foods (such as obesity and diabetes) are another major reason that may drive the sugar-free foods market in the coming years.

The growing awareness and self-care among people offers a great opportunity for the growth of the sugar-free food market. Additionally, the growing application of online shopping is expected to drive the demand and sales of sugar-free foods, especially with the high internet penetration due to the growth of digital infrastructure.

One of the major restraints for the growth of the market is the ambiguity over the safety of artificial sweeteners used in sugar-free foods, which may lead to the low acceptance of these products in the coming years.

Companies cited

  • Nestlé SA
  • PepsiCo. Inc.
  • The Kellogg Company
  • The Kraft Heinz Company
  • The Coca-Cola Company
  • Unilever Plc.
  • The Hershey Company
  • Mars Incorporated
  • Mondelez International Inc.
  • Strauss Group Ltd.
  • Galletas Gullon

Growth factors

Growing health issues:

Most foods produced by companies contain high proportions of sugar, salt, saturated fat and calories, and their high consumption is directly linked to harmful side effects and diseases such as obesity, diabetes, impaired glucose tolerance, hypertension, dyslipidemia and increased risk of heart disease.

Excess consumption of sugar induces extra insulin present in the body to affect the arteries, which can thus lead to inflammation of their walls and increase the risk of heart disease, heart attacks and strokes. According to the WHO, approximately 17.9 million people die each year from cardiovascular disease, which has made cardiovascular disease one of the leading causes of death worldwide. It has become a major concern for governments around the world.

Hence, various companies and organizations have started endorsing healthy and sugar-free foods, which is therefore expected to fuel the growth of its market.

Growth of online distribution channels:

The high internet penetration, accompanied by the ever-increasing use of smartphones, is expected to give a significant boost to the market in the coming years. Online shopping allows customers to choose from a range of domestic and foreign varieties.

Online distribution has increased significantly, especially after the pandemic. With the increasing use of internet-powered smartphones, the sugar-free food market is expected to grow further. With the advancement, companies have now developed food and beverage specific websites and apps to ease the tedious process of selecting a specific category. This includes famous sites like Big Basket, Swiggy Instamart, etc.

Constraints

Ambiguity about the safety of artificial sweeteners:

Usually, sugar-free food products use artificial sweeteners in their products which act as a substitute for sugar in taste but generally have less food energy. Besides its benefits, when tested on animals, studies and researchers have found that artificial sweeteners cause brain tumors, bladder cancer, weight gain, brain damage, and many other health risks. .

Additionally, according to the US National Institutes of Health, people have experienced side effects, including carcinogenicity, due to high consumption of artificial sweeteners. However, Cancer Research UK and the US National Cancer Institute have asserted that sweeteners do not cause any cancer, but the above-mentioned concerns still relate to people, which may hamper the growth of the market in the future.

Impact of the COVID-19 pandemic on the sugar-free food market:

With the outbreak of pandemics all over the world, the health problems among the people have gained momentum. With the central goal of people to improve their immunity and health, the demand for sugar-free foods has increased. Additionally, the growth of e-commerce has contributed to the growing demand for sugar-free foods during the pandemic, which has driven the market.

Market segmentation :

By product type

  • sugar free drinks
  • Sugar-free dairy products
  • sugar free confectionery
  • Sugar-free baked goods
  • Others

By distribution channel

By geography

  • North America
  • UNITED STATES
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • UK
  • Germany
  • France
  • Others
  • Middle East and Africa
  • United Arab Emirates
  • South Africa
  • Israel
  • Saudi Arabia
  • Others
  • Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Taiwan
  • South Korea
  • Others

For more information on this report, visit https://www.researchandmarkets.com/r/9kh8bu

Show source version on businesswire.com:https://www.businesswire.com/news/home/20220726005825/en/

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SOURCE: Research and Markets

Copyright BusinessWire 2022.

PUB: 07/26/2022 11:30 a.m. / DISC: 07/26/2022 11:32 a.m.

http://www.businesswire.com/news/home/20220726005825/en


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