In recent years, sugar-free beverages have become more and more popular among consumers, and the types of products have become more and more abundant, promoting the sustained scale growth of the industry.
Under the background of rising health awareness, China’s sugar-free beverage industry has broad prospects for development.
1.A wide variety of sugar-free drinks can meet the needs of different consumers.
Sugar-free beverage is considered to be a healthier drink and has been loved by more and more consumers in recent years.
Sugar-free drinks are mainly divided into tea drinks, sugar-free carbonated drinks and other sugar-free drinks, which can meet the needs of different consumers for taste and eating habits.
2. Consumers mainly pursue health when they choose sugar-free drinks.
As excessive intake of sugar can lead to obesity, diabetes, heart disease and other diseases, more and more health-conscious consumers begin to pay attention to the sugar content of goods.
According to the 2021 Insight report on the trend of China’s Sugar-free Beverage Market released by the Chinese Academy of Sciences, the main reason why consumers choose sugar-free drinks is that they think sugar-free drinks are healthier, accounting for more than 78%.
In addition, some consumers themselves need to control their sugar intake, which is actually for the sake of their health.
3. From 2016 to 2020, the market scale of China’s sugar-free beverage industry has a compound annual growth rate of 39%.
The increase in market demand continues to promote the development of the sugar-free beverage industry. From 2016 to 2020, the market size of China’s sugar-free beverage industry has increased from 3.12 billion yuan to 11.78 billion yuan, with a compound annual growth rate of about 39%.
4. Sugar-free carbonated drinks occupy half of the sugar-free beverage market.
On the whole, the market scale of the three kinds of sugar-free beverages is increasing year by year.
In terms of products, sugar-free carbonated drinks have surpassed sugar-free tea drinks to become the product with the highest market share in sugar-free drinks since 2018.
In 2020, the market scale of sugar-free carbonated drinks reached 6.69 billion yuan, accounting for more than half of the market share of sugar-free drinks.
5. China’s sugar-free beverage market may reach 27.7 billion yuan in 2027.
In the context of increased health awareness, China’s sugar-free beverage market will continue to expand. According to the forecast of the Chinese Academy of Sciences, the scale of China’s sugar-free beverage market will maintain a rapid growth, and it is expected that the market size will reach nearly 27.7 billion yuan by 2027.
To sum up, China’s sugar-free beverage industry is developing rapidly under the promotion of consumers’ demand for health. There are many kinds of products in sugar-free beverage industry, and sugar-free carbonated beverage products have become the mainstream.
The scale of China’s sugar-free beverage market has reached 11.8 billion yuan in 2020, and it is expected that the market will continue to expand in the future.
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