Obesity is one of the grave concerns that the whole world is facing today. The rising obese population, along with the increasing number of diabetics, has stimulated the demand for low-calorie foods all over the world. Rising health benefits and awareness regarding the intake and popularity of such foods have intensified the demand for the low-calorie food market.
The global low-calorie food market is growing at a fast pace and is anticipated to observe significant growth over the next seven years until 2023. The rising prevalence of obesity and diabetes has bolstered the demand for low-calorie food over the past few years. Changing lifestyles along with an increasingly hectic work schedule are ultimately compelling people to go for low-calorie food, which in turn is anticipated to propel the low-calorie food market over the period 2016–2023.
At present, the North American region captured the maximum share in revenue from the low-calorie food market and is anticipated to dominate over the forecast period. An upsurge in the popularity of low-calorie products due to increasing health awareness and rising numbers of diabetic and obese patients, especially in Asian countries, is anticipated to foster the market in the region over the forecast period. Besides this, changing lifestyles and attitudes of people toward better health in Europe are likely to propel the Europe low-calorie market over the forecast period.
The global low-calorie food market is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
The global low-calorie food market is segmented on the following basis:
- Baked Products
- Dietary Beverages
- Dairy Products
- Sugar Substitutes
- Nutrient-Based Substitutes
- Sugar alcohol substitutes
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players identified across the value chain in the low-calorie food market include but are not limited to:
Dr. Pepper Snapple Group, McNeil Nutritional LLC, Zydus Wellness Ltd., Nestle S.A., The Coca-cola Company, PepsiCo Inc., Abbott Laboratories, Bernard Food Industries Inc., Cargill Incorporated, and others
This report offers the following:
- An overview of the global low-calorie food market
- Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
- A general overview of the industry structure
- Company profiles, highlighting key information about the major players operating in the global low-calorie food market,
- This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the low-calorie food market.