Low-Calorie Food Market, 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)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
The global market of low-calorie food is growing at substantial rate, owing to the rise in elderly population across the globe. In addition to this, adoption of healthy lifestyle and increasing health awareness among consumers is expected foster the growth of the market during the forecast period. Low-calorie foods are available in various product types such as aspartame, sucralose, stevia, saccharin, cyclamates, and others.
Market Dynamics
The global low-calorie food market has witnessed significant growth in recent past years, owing to the rising health-conscious and adoption of a healthy lifestyle among consumers in the region. Moreover, growing awareness among consumers regarding health risks associated with excessive consumption of sugary beverages and foods which have high-calorie content. This scenario is expected to provide lucrative growth to the global low-calorie food market over the forecast period.
Major players in the global low-calorie food market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries food & beverages, nutritional and pharmaceuticals. This scenario is expected to fuel the market during the forecast period.
Since most low-calorie and healthier foods need special ingredients, their prices are much higher in comparison with other convenience foods. Therfore, this is consider as the key restraint of the global market for low-calorie diet. Another restraining factor is that the producer specific to low-calorie and health foods are comparatively newer than the producers of convenience foods in the markets.
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