Low-Calorie Food Market Current Scenario with Forecast to 2031

Low-Calorie Food Market to reach over USD 21.47 billion by the year 2031 - Exclusive Report by InsightAce Analytic

"Low-Calorie Food Market" in terms of revenue was estimated to be worth $12.4 billion in 2024 and is poised to reach $21.4 billion by 2031, growing at a CAGR of 7.22% from 2024 to 2031 according to a new report by InsightAce Analytic.

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Latest Drivers Restraint and Opportunities Market Snapshot:

Key factors influencing the global Low-Calorie Food Market are:
• Health and Wellness Awareness.
• Government Initiatives and Regulations.
• Innovation in Product Development.

The following are the primary obstacles to the Low-Calorie Food Market's expansion:
• Taste and Palatability Concerns.
• Perceived Artificial Ingredients.
• Digestive Concerns with Sugar Substitutes.

Future expansion opportunities for the global Low-Calorie Food Market include:
• Development of Natural and Clean Label Products.
• Expansion of Plant-Based and Vegan Options.
• Innovations in Taste Enhancement.

Market Analysis:

The low-calorie food market is undergoing dynamic growth driven by a confluence of factors in the broader health and wellness landscape. As consumers increasingly prioritize healthier lifestyles and weight management, the demand for low-calorie food options has surged. The market is characterized by a wave of innovation in taste enhancement and the development of natural, clean-label products to address previous taste and ingredient concerns.

List of Prominent Players in the Low-Calorie Food Market:
• Abbott Laboratories
• Ajinomoto U.S.A. Inc.
• Beneo Group
• Bernard Food Industries
• Cargill
• Dr Pepper Snapple Group Inc.
• DSM
• DuPont
• Galam Ltd
• Grain Processing Corporation
• Groupe Danone
• Ingredion Incorporated
• Keurig Dr Pepper, Inc.
• McNeil Nutritionals LLC,
• Nestle SA, Pepsico Inc.
• PureCircle
• Roquette Frères
• Tate & Lyle
• The Brooklyn Creamery
• The Coca-Cola Company
• Zydus Wellness Ltd,
• Other Prominent players

Low-Calorie Food Market Report Scope:

Report Attribute Specifications
Market size value in 2023 USD 12.4 billion
Revenue forecast in 2031 USD 21.4 billion
Growth rate CAGR CAGR of 7.22% from 2024 to 2031
Quantitative units Representation of revenue in US$ Million, and CAGR from 2024 to 2031
Historic Year 2019 to 2023
Forecast Year 2024-2031
Report coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments covered By Type and Application
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Recent Developments:
• In July 2023, Beneo Bringing health closer to the media's heart with barley beta-glucans. When BENEO expanded its functional fiber range with the launch of Orafti® β-Fit, a clean label wholegrain barley flour with 20% beta-glucans, in July 2023, it was time for a different kind of media relationship building.
• In August 2022, Food, snack, and beverage company PepsiCo, Inc. announced partnerships with World Central Kitchen and Save the Children to help those affected by severe flooding in eastern Kentucky. World Central Kitchen is a non-profit organization that works to protect children's rights and prevent child abuse, and save the Children is an NGO in India.
• In August 2022, Food, snack, and beverage company PepsiCo, Inc. announced that it had reached a strategic deal with premium Romanian spring water brand AQUA Carpatica, under which PepsiCo will own a 20% equity investment in AQUA Carpatica. According to the deal, PepsiCo will be granted permission to promote and sell spring water in Poland and Romania, with the potential to grow into additional areas, such as the United States.

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Low-Calorie Food Market Dynamics:
Market Drivers: Health and Wellness Awareness
The low-calorie food market is experiencing a robust surge, propelled by a widespread and growing awareness of health and wellness among consumers. As individuals increasingly prioritize healthier lifestyles and weight management, there is a discernible shift towards low-calorie food options. A heightened consciousness of the impact of dietary choices on overall well-being underpins this trend. Manufacturers are responding to this demand by innovating and reformulating products to offer appealing and flavorful low-calorie alternatives.
Challenges: Taste and Palatability Concerns
Despite the growing traction of low-calorie foods, taste, and palatability concerns stand as significant impediments, imposing restrictions on market expansion. Consumer hesitancy persists due to perceptions that low-calorie alternatives may compromise on flavor and enjoyment compared to their higher-calorie counterparts. Overcoming this obstacle necessitates a concerted industry effort in research and development to enhance taste profiles, ensuring that low-calorie options not only align with health objectives but also offer an appealing and satisfying culinary experience.
North America Is Expected To Grow With The Highest CAGR During The Forecast Period
North America is poised to exhibit the highest Compound Annual Growth Rate (CAGR) in the Low-Calorie Food Market during the forecast period. The region's robust growth can be attributed to several factors, including a pervasive health-conscious culture, a well-established awareness of nutritional choices, and a proactive embrace of wellness trends. Consumers in North America are increasingly gravitating towards low-calorie food options as part of their commitment to healthier lifestyles and weight management. Additionally, the region's dynamic food and beverage industry is witnessing a surge in innovative low-calorie product offerings, spanning various categories to cater to diverse consumer preferences.
Segmentation of Low-Calorie Food Market-
By Type-
• Sugar Substitutes
• Sugar Alcohol Substitutes
• Nutrient-Based Substitutes
By Application-
• Food Dairy Products
• Dietary Beverages
• Bakery Products
• Snacks
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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