Low-Calorie Snacks Market to Reach $24,117.4 Million by 2030, Driven by Health Consciousness and Changing Lifestyles

According to a new report published by Allied Market Research, titled "Low Calorie Snacks Market by Type, Nature, Packaging Type, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021-2030," The global low-calorie snacks market was valued at $7,620.1 million in 2020 and is expected to garner $24,117.4 million by 2030, registering a CAGR of 12.3% from 2021 to 2030. There is an incremental revenue low calorie snacks market opportunity of $16,497.3 million from 2020 to 2030.

Factors such as consumer preference for healthier low-calorie snacks products, changes in culture & lifestyle of the emerging Asian market, and increase in demand for convenience foods are impacting the growth of the low-calorie snacks market. Moreover, the market is expected to grow at a faster rate during the forecast period due to increase in population, rise in urbanization, and introduction of healthier bakery alternatives at reasonable costs.

Supermarkets and hypermarkets will remain the main sales channels for sweet and savory snacks for the near future. However, as a newly-emerging retail channel that is seeing rapid growth, internet retailing is predicted to play a more important role. As a result of brand-building efforts and the establishment of logistics systems, key business-to-consumer online retailers such as yihaodian and Tmall have become more popular among domestic consumers. Internet retailing is also able to provide consumers in lower-tier cities with easier access to newly-launched sweet and savory snacks. The greatest potential threat to the growth of sweet and savory snacks will be consumers' concern regarding food safety.

Based on type, savory snacks held a major share in the market. Changing lifestyle of people and consuming savory snacks in the occasion of parties, events and other functions to serve the people with beverage influence the positive impact of the savory snack market. Increasing consumption among the population and rapid urbanization influence the food and beverage industries, which are key growth of the market. Snacking product are a leading trend in the food and beverage industry, which is a major factor in fueling the growth of the global low-calorie snacks market.

Based on low-calorie snacks market analysis, by packaging type, the pouches segment held the major low-calorie snacks market share of 48.5% in the low-calorie snacks market. This is due to superior properties such as low cost, convenience, and excellent printability, which make it a lucrative packaging solution.

The business-to-consumer channel, including the hypermarkets and supermarkets segment, was the leading channel with maximum share in 2020, growing with significant CAGR during the low-calorie snacks market forecast period. This is attributed to increase in retail sales in different regions and availability of large shelf space for maximum sales.

Region-wise, Europe was the most prominent region in 2020, garnering maximum share in the low-calorie snacks market owing to huge consumer base and increase in population. Moreover, the region gained major traction owing to increase in knowledge about health and fitness coupled with improvements in retail distribution channels that made acquiring packaged food such as low-calorie snacks easy.

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐥𝐨𝐰 𝐜𝐚𝐥𝐨𝐫𝐢𝐞 𝐬𝐧𝐚𝐜𝐤𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 :

• 𝐀𝐫𝐜𝐡𝐞𝐫 𝐃𝐚𝐧𝐢𝐞𝐥𝐬 𝐌𝐢𝐝𝐥𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐚𝐧𝐲
• 𝐂𝐚𝐫𝐠𝐢𝐥𝐥, 𝐈𝐧𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞𝐝
• 𝐂𝐨𝐧𝐚𝐠𝐫𝐚 𝐁𝐫𝐚𝐧𝐝𝐬 𝐈𝐧𝐜
• 𝐃𝐚𝐧𝐨𝐧𝐞, 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐌𝐢𝐥𝐥𝐬. 𝐈𝐧𝐜
• 𝐇𝐚𝐢𝐧 𝐂𝐞𝐥𝐞𝐬𝐭𝐢𝐚𝐥
• 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐨𝐧 𝐈𝐧𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞𝐝
• 𝐌𝐨𝐧𝐝𝐞𝐥𝐞𝐳 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥
• 𝐍𝐞𝐬𝐭𝐥𝐞 𝐒. 𝐀
• 𝐓𝐡𝐞 𝐊𝐫𝐚𝐟𝐭 𝐇𝐞𝐢𝐧𝐳 𝐂𝐨𝐦𝐩𝐚𝐧𝐲.

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲

By type, the savory snacks segment held the highest share, accounting for 56.1% of the global low-calorie snacks market.

Based on nature, the organic segment witnessed a major growth rate of 12.8%.

Based on packaging type, the pouches segment held the largest share of 48.2% of the market.

Based on distribution channel, business-to-business segment witnessed a major annual growth rate of 12.9%.

𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐑𝐞𝐯𝐢𝐞𝐰

Based on the interviews of various top-level CXOs of leading companies, the increase in sales of low-calorie snacks is driven by changing consumer's preferences and the adoption of organic food consumption trends. The health benefits obtained from low-calorie snacks are backed by their high anti-oxidant content, which is also supporting their sale among consumers. Furthermore, the increase in consumption of organic food products has a positive impact on the low-calorie snack market. To meet the consumer's demand and to expand their business, organic snack manufacturers across various regions follow the strategy of improving their existing products as well as increasing the manufacture of flavored organic snacks. This is one of the major reasons why the demand for low-calorie snacks is experiencing a surge. The U.S. is among the dominant countries, holding a major share of the organic low-calorie snack market, and exports the product to various other countries, which include China, Canada, Mexico, the UK, and others.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐓𝐚𝐠𝐬

[𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐅𝐨𝐨𝐝] [𝐏𝐚𝐜𝐤𝐚𝐠𝐞𝐝 𝐅𝐨𝐨𝐝] [𝐅𝐥𝐚𝐯𝐨𝐫𝐞𝐝 𝐅𝐨𝐨𝐝] [𝐅𝐫𝐢𝐞𝐝 𝐅𝐨𝐨𝐝] [𝐁𝐚𝐤𝐞𝐝 𝐆𝐨𝐨𝐝𝐬] [𝐒𝐚𝐯𝐨𝐫𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬] [𝐇𝐞𝐚𝐥𝐭𝐡 𝐅𝐨𝐨𝐝𝐬]

𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐭𝐥𝐲 𝐀𝐬𝐤𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬?

𝐐𝟏. 𝐖𝐡𝐚𝐭 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐭𝐡𝐞 𝐋𝐨𝐰 𝐂𝐚𝐥𝐨𝐫𝐢𝐞 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐅𝐫𝐨𝐦 𝟐𝟎𝟐𝟏 𝐭𝐨 𝟐𝟎𝟑𝟎?
𝐐𝟐. 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐂𝐀𝐆𝐑 𝐨𝐟 𝐋𝐨𝐰 𝐂𝐚𝐥𝐨𝐫𝐢𝐞 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 ?
𝐐𝟑. 𝐇𝐨𝐰 𝐜𝐚𝐧 𝐈 𝐠𝐞𝐭 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐟 𝐋𝐨𝐰 𝐂𝐚𝐥𝐨𝐫𝐢𝐞 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭?
𝐐𝟒. 𝐖𝐡𝐢𝐜𝐡 𝐢𝐬 𝐭𝐡𝐞 𝐛𝐚𝐬𝐞 𝐲𝐞𝐚𝐫 𝐜𝐚𝐥𝐜𝐮𝐥𝐚𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐋𝐨𝐰 𝐂𝐚𝐥𝐨𝐫𝐢𝐞 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭?
𝐐𝟓. 𝐖𝐡𝐢𝐜𝐡 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐭𝐨𝐩 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐋𝐨𝐰 𝐂𝐚𝐥𝐨𝐫𝐢𝐞 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭?
𝐐𝟔. 𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐋𝐨𝐰 𝐂𝐚𝐥𝐨𝐫𝐢𝐞 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭?
𝐐𝟕. 𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐭𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐋𝐨𝐰 𝐂𝐚𝐥𝐨𝐫𝐢𝐞 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭?
𝐐𝟖. 𝐖𝐡𝐢𝐜𝐡 𝐫𝐞𝐠𝐢𝐨𝐧 𝐡𝐨𝐥𝐝𝐬 𝐭𝐡𝐞 𝐦𝐚𝐱𝐢𝐦𝐮𝐦 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐡𝐚𝐫𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐋𝐨𝐰 𝐂𝐚𝐥𝐨𝐫𝐢𝐞 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭?
𝐐𝟗. 𝐇𝐨𝐰 𝐰𝐢𝐥𝐥 𝐭𝐡𝐞 𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐩𝐚𝐧𝐝𝐞𝐦𝐢𝐜 𝐢𝐦𝐩𝐚𝐜𝐭 𝐭𝐡𝐞 𝐋𝐨𝐰 𝐂𝐚𝐥𝐨𝐫𝐢𝐞 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧 𝟐𝟎𝟐𝟏?

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