Global Low-Calorie Food Market is estimated to be valued at US$ 11.3 Billion in 2021, according to the Global Low-Calorie Food Market Report, by Product Type (Aspartame, Sucralose, Stevia, Saccharin, Cyclamate, Others), by Application (Beverages, Food, Healthcare, Tabletop, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa), published by Coherent Market Insights.
Global low-calorie food market was valued at US$ 11.3 Billion in 2021. Low-calorie food market is expected to register a CAGR of 6.1% over the forecast period (2022–2030), to reach US$ 19.2 Billion by 2030. Low-calorie food is intended to consume for weight loss and regulate the fat level in the body. These food provide a feeling of fullness as they are a rich source of protein and fibers. Moreover, low-calorie food also contains various other nutritional values such as vitamins, minerals, iron, calcium, etc. Low-calorie food is gaining huge demand across health-conscious people and also who aspire to live a healthy lifestyle. Moreover, low-calorie food offers various physical as well as psychological benefits along with the management of risk associated with obesity and diabetes.
According to the studies conducted by organizations such as the World Health Organization (WHO), obesity is the root cause of ailments such as heart diseases, diabetes, and blood pressure. The number of overweight people is increasing daily, and this factor has given rise to demand for low-calorie food products. The outbreak of COVID-19 has created a great impact in the current scenario. The importance of immunity building for resistance against the virus has led to a major shift in diet and various low-calorie products are becoming popular.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/low-calorie-food-market-3883
Browse 50 market data tables* and 40 figures* on "Global Low-Calorie Food Market” - Forecast to 2030.
Key Trends and Analysis of the Global Low-Calorie Food Market:
- Growing demand for stevia (a sugar substitute made from the leaves of stevia plant) due to shifting preferences of the consumer towards naturally sourced food products is expected to bolster the market growth of the low-calorie food. Rising demand for tabletops products such as mayonnaise, salad dressings, and margarine tops is also expected to foster the market growth of the low-calorie food over the forecast period. Growing awareness regarding the health benefits of consuming low-calorie food products across consumers of the developing region is further expected to augment the market growth.
Key Takeaways of the Global Low-Calorie Food Market:
- On the basis of product type, sucralose dominated the global low-calorie food market in 2021 with around 38% of market share in terms of revenue, followed by aspartame and saccharin, respectively.
- Among these, the segment of aspartame is used widely as artificial sweeteners. Moreover, the increasing preferences of consumers towards natural products have generated a huge market demand for stevia. Furthermore, owing to escalating popularity of stevia as 100 percent natural sweetener, there is a strong competition between other high-intensity sweeteners viz. saccharin, aspartame, and sucralose.
- New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities for the low-calorie food are key strategies adopted by players in the global low-calorie food market. For instance, in September 2021, PepsiCo, a food, snack, and beverage company, announced new goals to cut virgin plastic per serving by 50% across its global food & beverage portfolio by 20301, and using 50% recycled content in its plastic packaging and scaling the SodaStream business.
