Low calorie food market is expected to grow at a CAGR of 7.5% by 2032. Obesity is one of the grave concerns which the whole world is facing today. Rising obese population along with increasing diabetic people has stimulated the demand for low calorie foods all over the world. Rising health benefits and awareness regarding intake and popularity of such foods has intensified the demand for low calorie food market.
Rising prevalence of obesity and diabetes has bolstered the demand for low calorie food over the past few years. Changing lifestyle along with increasing hectic work schedule is ultimately compelling the people to go for low calorie food which in turn is anticipated to propel the low calorie food market over the period.
At present, North America region captured the maximum share in revenue of low calorie food market and is anticipated to dominate over the forecast period. Upsurge popularity of low calorie products due to increasing health awareness, rising diabetic and obese patients especially in Asian countries is anticipated to foster the market of the region over the forecast period. Besides this, changing lifestyles and attitude of people towards better health in Europe is likely to impel 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.
Key Players Identified Across the Value Chain in the Low-Calorie Food Market include but are not limited to:
Abbott Laboratories, Zydus Wellness Ltd, Dr. Pepper Snapple Group, Mcneil Nutritional LLC, Nestle S.A., The Coca-cola Company, PepsiCo Inc., Bernard Food Industries Inc., Cargill Incorporated, Ajinomoto U.S.A Inc.,Beneo group,, Ingredion Inc, Galam Ltd., Zydus wellness Ltd., Bernard food industries, Danisco A/S and others.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Low Calorie Food market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Key questions answered in this report