Low-Calorie Food Market Top Players - Abbott Laboratories, Ajinomoto U.S.A. Inc., Beneo Group, Bernard Food Industries, Cargill.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Low-Calorie Food Market Size, Share & Trends Analysis Report by Type (Sugar Substitutes, Sugar Alcohol Substitutes and Nutrient-Based Substitutes) And Application (Dairy Items, Dietary Beverages, Bakery Items, Snacks, And Others)- Market Outlook and Industry Analysis 2034"

The global low-calorie food market is estimated to reach over USD 26.37 billion by the year 2034, exhibiting a CAGR of 7.3% during the forecast period.

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Low-calorie foods provide an effective solution for weight management and accelerated weight loss. These foods are not only low in calories but also rich in fiber and protein, which help individuals feel satiated and reduce hunger. The growing prevalence of obesity and related health conditions is expected to drive the expansion of the low-calorie food market. Over the forecast period, increasing consumer demand for low-calorie snacks is anticipated to further propel market growth. The rising awareness around health and wellness is fostering the adoption of healthier lifestyles, thereby supporting the market for low-calorie foods. Additionally, the growing popularity of health-conscious habits such as yoga, gym workouts, and the consumption of nutritious foods is contributing to market expansion. Moreover, the rising incidence of diseases associated with unhealthy lifestyles is expected to increase demand for low-calorie food options, further boosting market growth.

However, the market for low-calorie foods may face challenges due to the inclusion of artificial preservatives in some products, which may deter health-conscious consumers.

List of Prominent Players in the Low-Calorie Food Market:
• Ajinomoto U.S.A Inc
• Beneo group
• Ingredion Inc
• Abott laboratories
• Galam Ltd
• Pepsico Inc
• Zydus wellness Ltd
• Bernard food industries
• Danisco A/S

Market Dynamics:
Drivers-
A prominent trend expected to shape the market is the growing demand for sugar substitutes in confectionery products. These alternatives are increasingly being utilized in a variety of food categories, including dairy, baked goods, snacks, and health beverages. The rising popularity of dairy products further contributes to this trend. Additionally, changing dietary habits among teenagers and children are anticipated to drive the demand for healthier food options. Collectively, these factors are expected to significantly contribute to market growth over the forecast period.

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Challenges:
During the forecast period, the high cost of low-calorie beverages is expected to pose a challenge to the expansion of the low-calorie food market. Additionally, the inclusion of chemical preservatives in low-calorie foods is likely to hinder market growth. The marketing claims made by processed and ready-to-eat food products, suggesting minimal health risks, are also expected to restrict the growth of the low-calorie food market over the projection period.

Regional Trends:
The North American low-calorie food market is projected to capture a significant share, driven by an increasing prevalence of obesity and a growing consumer focus on health and wellness. In Latin America, rapid urbanization, particularly in Brazil, is anticipated to create favorable economic opportunities in the coming years. The shift in consumer preferences toward naturally sourced ingredients has led to a rising demand for stevia, presenting growth potential in this region. Additionally, the Asia-Pacific region holds a substantial market share, driven by the increasing popularity of low-calorie dairy products. The region's market expansion is further supported by a high population density, an aging demographic, increasing rates of obesity and diabetes, and heightened health awareness. These factors create substantial growth opportunities for the global low-calorie food market within the Asia-Pacific region.

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Recent Developments:
• 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.

Segmentation of Low-Calorie Food Market-
By Type
• Sugar substitutes
• Sugar alcohol substitutes
• Nutrient based substitutes
By Application
• 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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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.