Market Outlook
Sugar free spray is one of the latest and convenient products that has gain momentum in the global market in recent decades. The sugar free spray is widely used these days by the consumers who are suffering from diabetes or by the consumers that are focusing on the reduction of sugar in their diet. Sugar free spray is easily carried pocket, purse, or bags without taking more space, spoilage, clutter, or bulge. This sugar free spray is widely used in tea, coffee, and other RTD drinks without negotiating the taste along with reduced calories.
The increasing concern regarding excess calorie intake, obesity, and diabetes among the consumers is upscaling the demand for sugar free spray market across the globe. Sugar free spray is prepared from healthy sugar substitutes that are either derived from natural sources such as plants or synthetic such as chemicals. The rising concern about the intake of sugar free products among the individuals across the world is hence foreseen to drive the growth of sugar free spray market during the forecast years.
With Upsurge in Awareness about Health Fuelling the Market for Sugar Free Spray
The demand for sugar free spray is o the surge from the past few years this is due to rising concern about food & health. In addition to this, the changing perceptions of the consumers have also resulted in the changes in preferences about the products. The regular intake of high calorie adversely impact the health, thus thrusting the demand for sugar free spray to reduce the risk of health impacts. Moreover, the sugar free spray has also taken out the sickness of carrying round bottles, and tablets as manufacturers have incorporated convenient packaging for the product. These are the major factors, that in turn the demand for sugar free spray among the population across the globe and is anticipated to grow over the upcoming years.
Global Sugar Free Spray: Market Segmentation
Based on sweetening agent, the global sugar free spray market has been segmented as-
· Natural
· Synthetic
Based on sales channel, the global sugar free spray market can be segmented as-
· B2B (Direct Sales)
· B2C (Indirect Sales)
o Store-based Retailing
o Supermarket/Hypermarket
o Convenience Stores
o Groceries
o Drug Stores
· Specialty Stores
o Other Retailing Formats
o Online Retailing
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Global Sugar Free Spray Market: Key Players
The players operating in the global sugar free spray market include JJD Enterprises, GlaxoSmithKline plc, SpectraSpray Global, Zydus Wellness, and American company Heartland Food Products Groupa mong others.
For instance, the sugar free spray offered under the brand name of Sugar Freedom is a product of JJD Enterprises. Sugar freedom is a new generation product, which is a zero-calorie substitute of sugar, launched for the first time in the Indian market.
Opportunities for Market Participants:
The demand for low-calorie or zero-calorie products are on the surge; owing to the rising number of diabetic and obese population across the globe. Mounting preference to migrate to food products with less calorific value has become an important accelerator for the development of sugar free spray. Manufacturers have also been finding sugar free spray an attractive product to generate more revenue. Various brands with sugar replacements are grabbing acceptance and attention of the consumers in developed as well as developing nations.
The surging application of nutritional interferences to reduce the risk of diabetes mellitus type 2 and cardiovascular diseases has been amplifying the overall potential of the sugar free spray market. Additionally, various sugar free sprays by several manufacturers are increasing in acceptance, as they assure customers regarding the functional properties of the sugar. In addition to this, increasing focus on the approval of sugar free spray by the FDA and other regulatory bodies are creating lucrative avenues in the global market.
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