Global Low Calorie Food Market- Overview
It is estimated for the global low calorie food market to witness growth at a notable CAGR during the forecast period of 2022 to 2030. The market witnessed growth at a healthy CAGR during the previous forecast period of 2018 to 2021. Calorie restriction is a dietary regimen that reduces intake of energy from caloric foods & beverages without incurring malnutrition. Rising awareness about the risks associated with the consumption of high calorie food is leading to the growth of low calorie food market.
Global Low Calorie Food Market- Growth Factors
The increasing awareness about the use of low calorie food products is estimated to boost the growth of the market during the forecast period. This factor even boosted the growth of the market during the previous forecast period. Apart from this, the growth in the health consciousness among a larger population around the world is also estimated to boost the growth of the market during the forecast period. Also, the increasing number of awareness to opt for low calorie foods are been spread through the mediums of television, social media and so on and thus awareness is also creating a positive impact on the growth of the market. However, there has been a decreased awareness about the consumption of low calorie foods and also, the cost of these foods have been higher and this factor is estimated to hamper the growth of the market during the forecast period.
Global Low Calorie Food Market- Market Trends
The increasing awareness about the use of low calorie food products is estimated to boost the growth of the market during the forecast period. This factor even boosted the growth of the market during the previous forecast period.
Apart from this, the growth in the health consciousness among a larger population around the world is also estimated to boost the growth of the market during the forecast period.
However, there has been a decreased awareness about the consumption of low calorie foods and also, the cost of these foods have been higher and this factor is estimated to hamper the growth of the market during the forecast period.
Global Low Calorie Food Market- Segmentation
The global low calorie food market is segmented based on product type, application type and end use.
Based on product type, the market is segmented into,
Sucralose
Aspartame
Stevia
Saccharin
cyclamate
Based on application type, the market is segmented into,
Food
Beverages
Healthcare
tabletop
Based on end use, the market is segmented into,
Men
Women
Global Low Calorie Food Market Regional Analysis
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.
Global Low Calorie Food Market Key Market players
Archer Daniels Midland Company, Beneo GmbH, Dansico A/S, The Coca-Cola Company, Ajinomoto Co. Inc, Cargill Incorporated, Bernard Food Industries and Ingredion Inc. are the major players that are driving the growth of the market during the forecast period.
