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Get Complete Low Calorie Food Market Industry Insights - Size, Share, Development, Growth and Demand Forecast to 2023
Low Calorie Food Market
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The Asia-Pacific low calorie food market is expected to grow with the fastest rate in the coming years, due to the up surging popularity of low calorie dairy products in the countries of the region.
To replace sugar, low calorie food substances are consumed as a sweetener. Due to the characteristic of concentrated sweetening, the low calorie foods are consumed in small amounts. Low calorie sweeteners are becoming popular among various beverages, such as flavored and functional water, sports drinks and soft drinks.
On the basis of type, the low calorie food market can be categorized as nutrient based substitutes, sugar alcohol substitutes, and sugar substitutes. The most commonly used substitutes among the consumers are sugar substitutes. On the basis of products, the low calorie food market can be categorized as saccharin, sucralose, cyclamate, stevia, and aspartame.
On the basis of application, the low calorie food market can be categorized as dietary beverages, dairy products, confectionery, baked products, ice creams and jellies, and snacks. Dairy based products lead the low calorie food market among the application categories, due to health benefits offered by the products.
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The bland taste of low calorie foods, as compared to regular foods is limiting their consumption to some extent. Low calorie food includes artificial sweetener, which is considered as unhealthy. This acts as a growth restraint for the low calorie food market.
Some of the competitors in the low calorie food market are Abbott Laboratories, Dr. Pepper Snapple Group Inc., The Coca-Cola Company, McNeil Nutritionals LLC, Bernard Food Industries Inc., Cargill Incorporated, PepsiCo Inc., Zydus Wellness Limited, and Nestle S.A.
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