Low Calorie Food Market Forecasts to 2028 – Global Analysis By Type (Nutrient Based Substitutes, Sugar Substitutes, Sugar Alcohol Substitutes), Application (Dairy Products, Dietary Beverages, Bakery Products, others) and Geography

Low Calorie Food Market Forecasts to 2028 – Global Analysis By Type (Nutrient Based Substitutes, Sugar Substitutes, Sugar Alcohol Substitutes), Application (Dairy Products, Dietary Beverages, Bakery Products, others) and Geography

According to Stratistics MRC, the Global Low Calorie Food Market is accounted for $12.39 billion in 2022 and is expected to reach $19.89 billion by 2028 growing at a CAGR of 8.2% during the forecast period. Low calorie food is a major growing fragment in health food market. Low calorie food is advantageous for many health issues and so people are choosing more of such food products. By opting foods that are low in calories, but high in volume, you can eat more and feel fuller on fewer calories.

According to the World Health Organization, in 2016, more than 1.9 billion adults, 18 years and older, were overweight. Of these over 650 million were obese. Moreover, globally, 38 million children under the age of 5 were overweight or obese in 2019. According to the WHO, the number of overweight children under the age of five in 2010 was around 42 million, globally due to obesity, hence causing diseases such as diabetes and cardiovascular at a certain young age. According to CDC, around 34 million Americans have diabetes and around 90-95% of them have diabetes.

Market Dynamics:

Driver:

Increasing Healthcare awareness

The availability of functional diets, food supplements, cereal bars, and convenience diets has helped raise consumer awareness of low-calorie food options, which has been beneficial for the industry. This is linked to the growing acceptance of sugar substitutes and the ageing population, which are predicted to influence market trends over the next few years. Two key elements that are anticipated to significantly contribute to the expansion of the low-calorie food business in the next years are consumers' changing eating patterns and their increased health consciousness. An increase in unhealthy lifestyles, excessive consumption of fast food and soft drinks, and a decrease in regular exercise are contributing to the definitive identification of diseases including high blood pressure, weight gain, obesity, diabetes, and other conditions.

Restraint:

Artificial preservatives in low calorie food

The market for low-calorie food is anticipated to face difficulties as a result of the use of artificial preservatives in low-calorie foods. The commercial growth of low-calorie food is expected to be hampered by the ready-to-eat and processed food industries' claims that these products pose few health risks. Being fatigued may result from consistently consuming fewer calories than the body needs. However, a significant barrier to the consumption of low-calorie meals is taste. Some low-calorie foods may be pricey, making them unaffordable for the majority of people to buy. Therefore, this may be the primary factor limiting the global market for low-calorie foods.

Opportunity:

Growing Prevalence of obesity and diabetes

In order to limit health concerns, reduce weight, and maintain a healthy diet, people are showing more concern about the food that they consume on a daily basis and are tending to make food healthy and eat healthy. Low-fat or calorie products were initially created for diabetics and people with special health issues. Low calorie diet decreases blood glucose levels, reduces fat mass, and increases insulin sensitivity and beta cell activity.

Threat:

High cost of raw materials

Over the projected period, the high cost of low-calorie beverages is also anticipated to restrain the market expansion of low-calorie meals. Fresher, healthier foods cost a lot more than other foods since they need unique components. Since most people cannot afford some of the more expensive low-calorie items.

Covid-19 Impact

It was discovered that co-morbid conditions such high blood pressure, fatty livers, high cholesterol, diabetes, and obesity were present in the majority of COVID-19 fatalities. Since fatty diets can be partly blamed for all of these lifestyle-related disorders, people have started to pay more attention to what they eat. As a result, the demand for low-calorie foods and plant-based food products may increase quickly in the years to come.

The proteins segment is expected to be the largest during the forecast period

The proteins segment is estimated to have a lucrative growth, due to its role in the formation of tissues, organs, muscles as well as hormones in our body. It is considering healthy to consume protein-rich diet not only to reduce the lack of protein but also to offer whole nutrition to the body. Therefore, it is important to consume high protein low-calorie foods. It helps in weight loss, stabilizes blood sugar levels, and improves your focus as well as concentration along with supporting muscles and bones.

The dairy products segment is expected to have the highest CAGR during the forecast period

The dairy products segment is anticipated to witness the fastest CAGR growth during the forecast period; products like milk, curd, paneer, etc are a rich source of calcium and vitamin D, two nutrients exceptionally important for bone health. This is one of the many reasons that involving dairy in the diet of growing children is absolutely suggested. Studies have also discovered that postmenopausal women who do not consume enough dairy have a higher risk of fractures. Curd is one of the dairy products that are a source of good bacteria. Eating yoghurt can help your gut and make sure better digestion of food. Curd acts as a pre biotic and keeps healthy. Milk is a dairy product which is considered as a “complete protein,” meaning it contains all nine of the essential amino acids necessary for your body to function at an optimal level. It provides potassium, B12, calcium and vitamin D, which are lacking in many diets.

Region with highest share:

North America is estimated to be largest in the global market for low-calorie food during the forecast period, due to rising adoption of healthy daily life and increasing obesity cases. The demand for low-calorie food is growing due to an increase in the acceptance of healthy activities such as yoga, going to the gym, and eating healthy food. Low-calorie foods are also becoming more popular as obesity becomes more prevalent. The growing concerns of health will drive the market in North America Region.

Region with highest CAGR:

Asia-Pacific is projected to have the highest CAGR over the forecast period, higher growth in the coming ten years. Burgeoning cases of diabetes, besides increasing focus on health and wellness will encourage demand witnessed across these regions. Besides the rising demand from high potential markets are densely populated.

Key players in the market

Some of the key players profiled in the Low-Calorie Food Market include The Coca-Cola Company, PepsiCo Inc., Bernard Food Industries, Inc., Ajinomoto Co., Inc., Nestle S.A., McNeil Nutritional’s., Dr. Pepper Snapple Group, Abbott Laboratories, Zydus Wellness Ltd, Danone S.A, Cargill Incorporated, The Brooklyn Creamery, Archer Daniels Midland Company, Galam Ltd., M & B Fruit Juice Products Co. and Tate & Lyle .

Key Developments:

In August 2022, PepsiCo, Inc., a food, snack, and beverage corporation, announced partnerships with World Central Kitchen (not-for-profit non-governmental organization) and Save the Children (NGO in India working for protection of child rights and child abuse) to provide meals, potable water and disaster relief to those impacted by severe flooding in eastern Kentucky.

Products Covered:
• Sugar Substitutes
• Sugar Alcohol Substitutes

Applications Covered:
• Dairy Products
• Dietary Beverages
• Bakery Products
• Snacks
• Healthcare
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements