Market Share of Sugar-Free Food And Beverage Industry
The global sugar-free food and beverages market is highly competitive, with the presence of many players across the world. High investments in R&D activities and product innovation have led them to gain a major market share in the global market. Some of the key players in the market include The Hershey Company, Nestle S.A, PepsiCo, Mars Incorporated, and the Kellogg Company.
The key players are embarking on mergers and acquisitions in the market to expand their portfolio and cater to the interests of local consumers, and concentrate on acquiring new leading brands. Some of the players are also using social media platforms and campaigns for marketing and promoting their products. For instance, in March 2022. Coca-Cola India launched a new campaign for its new brand Coca-Cola Zero Sugar.
Sugar-Free Food and Beverage Market Leaders
The Hershey Company
Nestlé S. A
PepsiCo
Mars Incorporated
The Kellogg Company
*Disclaimer: Major Players sorted in no particular order