MARKET INTRODUCTION
Low calorie foods are foodstuffs that have low calorie count and are mostly consumed to promote weight loss. They are usually prepared from ingredients with low calorific values. Low calorie foods and low calories diets usually do not contain high amounts of sugar, oil and fats as they may increase the overall calories. They may, however, be fortified with essential fatty acids, nutrients, proteins, and vitamins to increase the nutritional value while still being free from calories. Certain fruits and vegetables such as broccoli, spinach, sugar-free gelatin as well as processed foods such as yogurt, milk, oats, etc. labeled and marketed as low calorie foods are increasingly gaining popularity.
MARKET DYNAMICS
The increasing incidences of obesity among children and adults over the past few decades have led to significant demand for food items with low calories. The growing awareness about the ill-effects of obesity and its complications such as diabetes, high blood pressure, cardiovascular diseases, etc. has triggered the sales of low calorie foods. Moreover, the trend of weight management among fitness enthusiasts and the desire to look leaner has led to high consumption of low calorie foods in the form of skimmed milk, low calorie edible oils, sugar-free carbonated beverages, and other foods marketed as calorie-free. Fad diets such as very-low-calorie diets (VLCD) and crash diets undertaken to loose weight predominantly by the middle age group has spurred the demand for low calorie food and subsequently created lucrative business opportunities for the low calorie food manufacturers. The increasing obesity rates in the developed as well as developing countries across the world and rising adoption of low calorie foods in diets is expected to foster the growth of the low calorie food market in the forecast period.
MARKET SCOPE
The "Global Low Calorie Food Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the low calorie food market with detailed market segmentation by type, application, and geography. The global low calorie food market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading low calorie food market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global low calorie food market is segmented on the basis of type and application. On the basis of type, the low calorie food market is segmented into, sugar substitutes, sugar alcohol substitutes, and nutrient based substitutes. On the basis of application, the market is bifurcated into, dairy products, bakery products, dietary beverages, snacks, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global low calorie food market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The low calorie food market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the low calorie food market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the low calorie food market in these regions.
MARKET PLAYERS
The reports cover key developments in the low calorie food market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from low calorie food market are anticipated to lucrative growth opportunities in the future with the rising demand for low calorie food in the global market. Below mentioned is the list of few companies engaged in the low calorie food market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the low calorie food market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Abott Laboratories
- Ajinomoto U.S.A Inc.
- Beneo Group
- Bernard Food Industries
- Danisco A/S
- Galam Ltd
- Ingredion Inc
- Pepsico Inc.
- THE COCA COLA COMPANY, U.S.
- Zydus Wellness Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.