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Low-calorie Food Market Growth, Competitive Analysis And Forecast 2023 To 2032 | Ajinomoto Inc., Beneo Group, Ingredion Inc., Abott Laboratories, Galam Ltd.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Low-Calorie Food Global Market Report 2023 identifies increasing prevalence of obesity and diabetes around the globe as the major driver for the Low-Calorie Food market's growth in the forecast period. Obesity is a disease that primarily involves a relatively higher body fat percentage. Diabetes is a disease caused by very high blood glucose levels. Obesity and diabetes are interrelated and occur together. A low-calorie diet can be very beneficial in obesity and diabetes treatment as it makes the fat-burning process faster and puts the body in a catabolic state. For instance, according to the International Diabetes Federation, an umbrella organization of more than 230 national diabetes associations from over 160 countries, in 2021, approximately 537 million adults (20-79 years) were living with diabetes. The number of patients is expected to rise to 643 million by 2030 and 783 million by 2045.
The global low-calorie food market size is expected to grow from $12.73 billion in 2022 to $13.71 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global low-calorie food market is expected to grow to $18.17 billion in 2027 at a CAGR of 7.3%.
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Major competitors in the Low-Calorie Food market are Ajinomoto Inc., Beneo Group, Ingredion Inc., Abott Laboratories, Galam Ltd., Pepsico Inc., Zydus wellness Ltd., Bernard food industrie, Danisco A/S, Archer Daniels Midland Company, The Coca-Cola Company, Cargill Incorporated, Groupe Danone, Nestle SA, McNeil Nutritionals, and Dr Pepper Snapple Group Inc.
A key trend in the Low-Calorie Food market includes advancements in vegan low-calorie foods. Major companies in the market are focusing on developing vegan low-calorie food options to cater to the growing trend of veganism. For instance, in September 2022, Nada Moo!, a Texas-based vegan ice cream company, launched Frozen Bites. The product is a vegan low-calorie dessert containing only 50-70 calories per serving.
Read More On The Global Low-Calorie Food Market Report Here:
https://www.thebusinessresearchcompany.com/report/low-calorie-food-global-market-report
The Low-Calorie Food market is segmented -
By Type: Sugar Substitutes, Sugar Alcohol Substitutes, Nutrient Based Substitutes
By Product: Aspartame, Sucralose, Stevia, Saccharin, Cyclamate
By Application: Dairy Products, Dietary Beverages, Bakery Products, Snacks, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Low-Calorie Food market.
The Business Research Company's "Global Low-Calorie Food Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Low-Calorie Food Market Include:
1. Executive Summary
2. Low-Calorie Food Market Characteristics
3. Low-Calorie Food Market Trends And Strategies
4. Low-Calorie Food Market - Macro Economic Scenario
5. Low-Calorie Food Market Size And Growth
……
26. Africa Low-Calorie Food Market
27. Low-Calorie Food Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Low-Calorie Food Market
29. Low-Calorie Food Market Future Outlook and Potential Analysis
30. Appendix
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