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Low-calorie Food Market Overview, Industry Growth And Forecast To 2024-2033

07-31-2024 12:36 PM CET | Food & Beverage

Press release from: The Business research company

Low-calorie Food Market Overview

Low-calorie Food Market Overview

The new report published by The Business Research Company, titled ""Low-calorie Food Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the low-calorie food market size has grown strongly in recent years. It will grow from $13.65 billion in 2023 to $14.69 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The low-calorie food market size is expected to see strong growth in the next few years. It will grow to $20.23 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.

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Increasing Prevalence Of Obesity And Diabetes Drives Low-Calorie Food Market Growth
The increasing prevalence of obesity and diabetes around the globe is expected to drive the low-calorie food market going forward. 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. Furthermore, according to the World Obesity Federation, a federation of scientific, medical, and research professionals from over 50 regional and national obesity associations, 1 billion people globally, including 1 out of 5 women and 1 out of 7 men, will be living with obesity in 2030. Therefore, the increasing prevalence of diabetes and obesity is driving the low-calorie food market.

Advancements In Vegan Low-Calorie Foods Drive Growth In Low-Calorie Food Market
Advancements in vegan low-calorie foods are a key trend gaining popularity in the low-calorie food market. 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.

The low-calorie food market covered in this report is segmented -

1) By Type: Sugar Substitutes, Sugar Alcohol Substitutes, Nutrient Based Substitutes
2) By Product: Aspartame, Sucralose, Stevia, Saccharin, Cyclamate
3) By Application: Dairy Products, Dietary Beverages, Bakery Products, Snacks, Other Applications

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Major companies operating in the low-calorie food market report are Ajinomoto Co. Inc., Beneo Group, Ingredion Incorporated, Abbott Laboratories, Galam Ltd., PepsiCo Inc., Zydus Wellness Limited, Bernard Food Industries Inc., Danisco A/S, Archer Daniels Midland Company, The Coca-Cola Company, Cargill Incorporated, Groupe Danone SA, Nestlé S.A., McNeil Nutritionals LLC, Dr Pepper Snapple Group Inc., Heartland Food Products Group, Glucerna SR tablets, Kellogg Company, General Mills Inc., The Hershey Company, Mars Incorporated, Mondelez International Inc., Unilever plc, Kraft Heinz Company, Campbell Soup Company, Conagra Brands Inc., The J.M. Smucker Company, Hormel Foods Corporation, Tyson Foods Inc., Maple Leaf Foods Inc., Beyond Meat Inc., Impossible Foods Inc., Amy's Kitchen Inc., Sweetgreen Inc., Freshii Inc., Just Salad LLC, Chopt Creative Salad Company LLC, Tender Greens, Cava Group Inc., Dig Inn Hospitality Group LLC, Lemonade Restaurant Group LLC

Contents of the report:
1. Executive Summary
2. Low-calorie Food Market Report Structure
3. Low-calorie Food Market Trends And Strategies
4. Low-calorie Food Market - Macro Economic Scenario
5. Low-calorie Food Market Size And Growth
…..
27. Low-calorie Food Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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https://www.thebusinessresearchcompany.com/report/low-calorie-food-global-market-report

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The Business Research Company
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Email: info@tbrc.info

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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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