The market for Low Calorie Food Market is expected to reach XX Mn in 2023.
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.
By Application
By Type
By Product
By Geography
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
The market for Low Calorie Food Market is expected to reach XX Mn in 2023.
The Low Calorie Food Market is expected to see significant CAGR growth over the coming years,at XX%.
The report is forecasted from 2016-2023.
The base year of this report is 2015.