Europe Reduced Sugar Food & Beverages Market Size & Outlook

The reduced sugar food & beverages market in Europe is expected to reach a projected revenue of US$ 25,407.2 million by 2030. A compound annual growth rate of 8.8% is expected of Europe reduced sugar food & beverages market from 2024 to 2030.
Revenue, 2023 (US$M)
$14,110.0
Forecast, 2030 (US$M)
$25,407.2
CAGR, 2024 - 2030
8.8%
Report Coverage
Europe

Europe reduced sugar food & beverages market highlights

  • The Europe reduced sugar food & beverages market generated a revenue of USD 14,110.0 million in 2023.
  • The market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
  • In terms of segment, beverages was the largest revenue generating product in 2023.
  • Snacks is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, France is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 14,110.0 million
Market revenue in 2030USD 25,407.2 million
Growth rate8.8% (CAGR from 2023 to 2030)
Largest segmentBeverages
Fastest growing segmentSnacks
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBakery, Beverages, Confectionery, Dairy, Snacks
Key market players worldwideJM Smucker Co, Bayer AG, Nestle SA, The Hain Celestial Group Inc, Unilever PLC, NOW Foods, Givaudan SA, Cargill, The Coca-Cola Company, PepsiCo Inc, Danone SA, Mondelez International Inc Class A, Alchemy Foodtech


Other key industry trends

  • In terms of revenue, Europe region accounted for 26.1% of the global reduced sugar food & beverages market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 22,702.8 million by 2030.

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Reduced Sugar Food & Beverages Market Companies

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Europe reduced sugar food & beverages market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to reduced sugar food & beverages market will help companies and investors design strategic landscapes.


Beverages was the largest segment with a revenue share of 42.63% in 2023. Horizon Databook has segmented the Europe reduced sugar food & beverages market based on bakery, beverages, confectionery, dairy, snacks covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of reduced sugar food & beverages market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe reduced sugar food & beverages market , including forecasts for subscribers. This continent databook contains high-level insights into Europe reduced sugar food & beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe reduced sugar food & beverages market size, by country, 2018-2030 (US$M)

Europe Reduced Sugar Food & Beverages Market Outlook Share, 2023 & 2030 (US$M)

Europe reduced sugar food & beverages market size, by country, 2018-2030 (US$M)

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