Press release
Global Low-calorie Food Market Projected to Surpass $22.06 Billion by 2029 with 9% Annual Growth
"What combination of drivers is leading to accelerated growth in the low-calorie food market?The global rise in obesity and diabetes is anticipated to propel the low-calorie food market. Obesity means the body has an excessively high percentage of fat mass, while diabetes is a result of excessively high blood glucose levels. These two conditions often coexist and can be managed through a low-calorie diet. This form of diet hastens the rate of fat burning and places the body in a state of catabolism. For instance, a June 2024 report by the National Health Service (NHS), England's public health care institution, indicated that an additional half a million (549,000) people are categorized as being at risk of type 2 diabetes over the previous year. Among individuals younger than 40, this increase is even more significant, with a jump from 173,166 in 2022 to 216,440 in 2023. Additionally, the World Obesity Federation reported in May 2022 that by 2030, one billion people worldwide, including 1 in 5 women and 1 in 7 men, are expected to be obese. Consequently, the accelerated growth rate of diabetes and obesity is a significant factor propelling the low-calorie food market.
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What is the projected compound annual growth rate (CAGR) of the low-calorie food market from 2025 to 2034, and what factors influence it?
The market size for low-calorie foods has seen significant growth in the recent past, and it is projected to increase from $14.69 billion in 2024 to $15.81 billion in 2025, representing a compound annual growth rate (CAGR) of 7.6%. Factors contributing to this historical growth include changing food tastes, heightened awareness of environmental and sustainability issues, improved access and availability, alongside endorsements from celebrities and influencers.
Over the coming years, the low-calorie food market is set to witness robust growth, with an expected valuation of $22.06 billion in 2029 and a compound annual growth rate (CAGR) of 8.7%. This growth during the projected period can be ascribed to factors such as cultural and demographic transitions, issues of sustainability, a rising demand for easily accessible healthy foods, strict nutrition labeling policies, and the commonness of diet-related illnesses. Key trends predicted during this period encompass a focus on health and wellness, product originality, preference for plant-based and vegan diets, technological advancements, and the emergence of functional foods.
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How are the latest trends influencing the growth of the low-calorie food market?
The growth in vegan low-calorie foods is a prominent trend that is gaining traction in the low-calorie food market. Major players are concentrating their efforts on creating vegan low calorie alternatives in response to the rising veganism trend. For example, in September 2022, Nada Moo!, a vegan ice cream company originating from Texas, introduced Frozen Bites. This product is a vegan low-calorie treat with just 50-70 calories per portion.
What are the major segments of the low-calorie food market and their role in driving growth?
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
Subsegments:
1) By Sugar Substitutes: Stevia, Aspartame, Sucralose, Monk Fruit Extract, Acesulfame Potassium
2) By Sugar Alcohol Substitutes: Erythritol, Xylitol, Maltitol, Sorbitol, Isomalt
3) By Nutrient Based Substitutes: Low-Calorie Protein Sources, Fiber-Based Substitutes, Low-Fat Dairy Alternatives, Vegetable Purees, Whole Grain Substitutes
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Which regions are key players in the growth of the low-calorie food market?
North America was the largest region in the low-calorie food market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the low-calorie food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the low-calorie food market?
Major companies operating in the low-calorie food market 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
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What Is Covered In The Low-calorie Food Global Market Report?
• Market Size Forecast: Examine the low-calorie food market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the low-calorie food market for a structured understanding.
• Key Players Overview: Analyze major players in the low-calorie food market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the low-calorie food market.
• Segment Contributions: Evaluate how different segments drive overall growth in the low-calorie food market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the low-calorie food market.
• Industry Challenges: Identify potential risks and obstacles affecting the low-calorie food market.
• Competitive Landscape: Review strategic developments in the low-calorie food market, including expansions, agreements, and new product launches.
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