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Global Low Calorie Snacks Market Size, Share, Forecast: By Nature: Organic, Convectional; By Type: Sweet Snacks, Savoury Snacks, Others; By Packaging: Pouches, Cans, Jars, Others; By Distribution Channel: B2B, B2C; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Regional Analysis; Competitive Landscape; 2024-2032

Global Low Calorie Snacks Market Outlook

The global low calorie snacks market size reached a value of approximately USD 10.1 billion in 2023. The market is further projected to grow at a CAGR of 10.90% between 2024 and 2032, reaching a value of USD 11.2009 billion by 2032.

Key Trends in the Market

Low calorie snacks refer to snacking options that contain significantly lower calories than their full calorie counterparts. These snacks aid in satisfying cravings and hunger while offering various health benefits to the consumers. These products help in weight loss by reducing the total number of calories an individual consumes in a day.

Growing emphasis on health and wellness is a key trend boosting the low calorie snacks market growth. Consumers are opting for healthy and low calorie snacks as they satisfy the mid-morning and evening hunger and their high nutritional profile and low calorie count aids consumers in healthy weight loss.

The rising availability of low calorie snacks across various distribution channels including convenience stores and hypermarkets and supermarkets, and increasing discounts offered by various online retail platforms are boosting the consumption of the product.

Increased demand for convenient foods and snacking options has resulted in the rising consumption of low calorie snacks as they are portable. The ease of use, all season availability, and introduction of new flavours combined are further boosting the popularity of the product among working professionals, aiding the low calorie snacks market expansion.

Market Analysis

Based on nature, the market is bifurcated into organic and conventional. On the basis of type, the market is segregated into sweet snacks and savoury snacks, among others. Based on packaging, the market is classified into pouches, cans, and jars, among others. On the basis of distribution channel, the market is divided into B2B and B2C. Based on region, the market is categorised into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global low calorie snacks market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Archer Daniels Midland Company

General Mills, Inc.

The Hain Celestial Group, Inc.

Ingredion Incorporated

Conagra Brands, Inc.

Mondelez International, Inc.

Nestle S.A

The Kraft Heinz Company

Danone S.A.

Cargill Incorporated

Others

Market Share by Type

Savoury snacks are expected to witness significant growth in the coming years. This growth can be attributed to the increasing demand from multiplexes and malls and rising disposable incomes. Additionally, savoury snacks having low calories have emerged as a convenient alternative to conventional packaged food products for college students and working professionals due to their health benefits. Various manufacturers are investing in production of baked savoury snacks with low salt content that are prepared from healthy ingredients including rice, wheat, ragi, vegetables, and soya, among others.

Market Share by Region

Europe is anticipated to account for a significant share of the market over the forecast period, owing to the rising emphasis on healthy eating due to increasing health consciousness among the population. The market is likely to benefit from the rising availability of the product across various distribution channels along with rising internet penetration and increasing presence of online food delivery services. Furthermore, the growing tourism sector in the region is boosting the consumption of low calorie foods and beverages and aiding the low calorie snacks market expansion.

Competitive Landscape

Mondelez International, Inc. is a food and beverage manufacturing company that was founded in 2012 and is based in Illinois, United States. They house various iconic brands including Cadbury Dairy Milk, Oreo, and Toblerone chocolate, among others.

Nestle S.A. is a food and beverage company that was founded in 1866 and is based in Vaud, Switzerland. Their specialities include ice creams, confectionery, healthcare nutrition, frozen food, and infant nutrition, among others.

The Kraft Heinz Company is co-headquartered in Pennsylvania, and Illinois, United States and was founded in 2015. The products and services offered by the company include convenience foods, beverages, and low calorie snacks, among others.

Other major players in the low calorie snacks market include Archer Daniels Midland Company, General Mills, Inc., The Hain Celestial Group, Inc., Ingredion Incorporated, Conagra Brands, Inc., Danone S.A., and Cargill Incorporated, among others.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Nature Type Packaging Distribution Channel Region
Breakup by Nature	Organic Convectional
Breakup by Type	Sweet Snacks Savoury Snacks Others
Breakup by Packaging	Pouches Cans Jars Others
Breakup by Distribution Channel	B2B B2C
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	Archer Daniels Midland Company General Mills, Inc. The Hain Celestial Group, Inc. Ingredion Incorporated Conagra Brands, Inc. Mondelez International, Inc. Nestle S.A The Kraft Heinz Company Danone S.A. Cargill Incorporated Others

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Low Calorie Snacks Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Low Calorie Snacks Historical Market (2018-2023)
   8.3   Global Low Calorie Snacks Market Forecast (2024-2032)
   8.4   Global Low Calorie Snacks Market by Nature
       8.4.1   Organic
           8.4.1.1   Historical Trend (2018-2023)
           8.4.1.2   Forecast Trend (2024-2032)
       8.4.2   Convectional
           8.4.2.1   Historical Trend (2018-2023)
           8.4.2.2   Forecast Trend (2024-2032)
   8.5   Global Low Calorie Snacks Market by Type
       8.5.1   Sweet Snacks
           8.5.1.1   Historical Trend (2018-2023)
           8.5.1.2   Forecast Trend (2024-2032)
       8.5.2   Savoury Snacks
           8.5.2.1   Historical Trend (2018-2023)
           8.5.2.2   Forecast Trend (2024-2032)
       8.5.3   Others
   8.6   Global Low Calorie Snacks Market by Packaging
       8.6.1   Pouches
           8.6.1.1   Historical Trend (2018-2023)
           8.6.1.2   Forecast Trend (2024-2032)
       8.6.2   Cans
           8.6.2.1   Historical Trend (2018-2023)
           8.6.2.2   Forecast Trend (2024-2032)
       8.6.3   Jars
           8.6.3.1   Historical Trend (2018-2023)
           8.6.3.2   Forecast Trend (2024-2032)
       8.6.4   Others
   8.7   Global Low Calorie Snacks Market by Distribution Channel
       8.7.1   B2B
           8.7.1.1   Historical Trend (2018-2023)
           8.7.1.2   Forecast Trend (2024-2032)
       8.7.2   B2C
           8.7.2.1   Historical Trend (2018-2023)
           8.7.2.2   Forecast Trend (2024-2032)
   8.8   Global Low Calorie Snacks Market by Region
       8.8.1   North America
           8.8.1.1   Historical Trend (2018-2023)
           8.8.1.2   Forecast Trend (2024-2032)
       8.8.2   Europe
           8.8.2.1   Historical Trend (2018-2023)
           8.8.2.2   Forecast Trend (2024-2032)
       8.8.3   Asia Pacific
           8.8.3.1   Historical Trend (2018-2023)
           8.8.3.2   Forecast Trend (2024-2032)
       8.8.4   Latin America
           8.8.4.1   Historical Trend (2018-2023)
           8.8.4.2   Forecast Trend (2024-2032)
       8.8.5   Middle East and Africa
           8.8.5.1   Historical Trend (2018-2023)
           8.8.5.2   Forecast Trend (2024-2032)
9   North America Low Calorie Snacks Market Analysis
   9.1   United States of America
       9.1.1   Historical Trend (2018-2023)
       9.1.2   Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1   Historical Trend (2018-2023)
       9.2.2   Forecast Trend (2024-2032)
10   Europe Low Calorie Snacks Market Analysis
   10.1   United Kingdom
       10.1.1   Historical Trend (2018-2023)
       10.1.2   Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1   Historical Trend (2018-2023)
       10.2.2   Forecast Trend (2024-2032)
   10.3   France
       10.3.1   Historical Trend (2018-2023)
       10.3.2   Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1   Historical Trend (2018-2023)
       10.4.2   Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Low Calorie Snacks Market Analysis
   11.1   China
       11.1.1   Historical Trend (2018-2023)
       11.1.2   Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1   Historical Trend (2018-2023)
       11.2.2   Forecast Trend (2024-2032)
   11.3   India
       11.3.1   Historical Trend (2018-2023)
       11.3.2   Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1   Historical Trend (2018-2023)
       11.4.2   Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1   Historical Trend (2018-2023)
       11.5.2   Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Low Calorie Snacks Market Analysis
   12.1   Brazil
       12.1.1   Historical Trend (2018-2023)
       12.1.2   Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1   Historical Trend (2018-2023)
       12.2.2   Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1   Historical Trend (2018-2023)
       12.3.2   Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Low Calorie Snacks Market Analysis
   13.1   Saudi Arabia
       13.1.1   Historical Trend (2018-2023)
       13.1.2   Forecast Trend (2024-2032)
   13.2   United Arab Emirate
       13.2.1   Historical Trend (2018-2023)
       13.2.2   Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1   Historical Trend (2018-2023)
       13.3.2   Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1   Historical Trend (2018-2023)
       13.4.2   Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Competitive Landscape
   15.1   Market Structure
   15.2   Company Profiles
       15.2.1   Archer Daniels Midland Company
           15.2.1.1   Company Overview
           15.2.1.2   Product Portfolio
           15.2.1.3   Demographic Reach and Achievements
           15.2.1.4   Certifications
       15.2.2   General Mills, Inc.
           15.2.2.1   Company Overview
           15.2.2.2   Product Portfolio
           15.2.2.3   Demographic Reach and Achievements
           15.2.2.4   Certifications
       15.2.3   The Hain Celestial Group, Inc.
           15.2.3.1   Company Overview
           15.2.3.2   Product Portfolio
           15.2.3.3   Demographic Reach and Achievements
           15.2.3.4   Certifications
       15.2.4   Ingredion Incorporated
           15.2.4.1   Company Overview
           15.2.4.2   Product Portfolio
           15.2.4.3   Demographic Reach and Achievements
           15.2.4.4   Certifications
       15.2.5   Conagra Brands, Inc.
           15.2.5.1   Company Overview
           15.2.5.2   Product Portfolio
           15.2.5.3   Demographic Reach and Achievements
           15.2.5.4   Certifications
       15.2.6   Mondelēz International, Inc.
           15.2.6.1   Company Overview
           15.2.6.2   Product Portfolio
           15.2.6.3   Demographic Reach and Achievements
           15.2.6.4   Certifications
       15.2.7   Nestle S.A
           15.2.7.1   Company Overview
           15.2.7.2   Product Portfolio
           15.2.7.3   Demographic Reach and Achievements
           15.2.7.4   Certifications
       15.2.8   The Kraft Heinz Company
           15.2.8.1   Company Overview
           15.2.8.2   Product Portfolio
           15.2.8.3   Demographic Reach and Achievements
           15.2.8.4   Certifications
       15.2.9   Danone S.A.
           15.2.9.1   Company Overview
           15.2.9.2   Product Portfolio
           15.2.9.3   Demographic Reach and Achievements
           15.2.9.4   Certifications
       15.2.10   Cargill Incorporated
           15.2.10.1   Company Overview
           15.2.10.2   Product Portfolio
           15.2.10.3   Demographic Reach and Achievements
           15.2.10.4   Certifications
       15.2.11   Others
16   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Low Calorie Snacks Market: Key Industry Highlights, 2018 and 2032
2.   Global Low Calorie Snacks Historical Market: Breakup by Type (USD Billion), 2018-2023
3.   Global Low Calorie Snacks Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.   Global Low Calorie Snacks Historical Market: Breakup by Nature (USD Billion), 2018-2023
5.   Global Low Calorie Snacks Market Forecast: Breakup by Nature (USD Billion), 2024-2032
6.   Global Low Calorie Snacks Historical Market: Breakup by Packaging (USD Billion), 2018-2023
7.   Global Low Calorie Snacks Market Forecast: Breakup by Packaging (USD Billion), 2024-2032
8.   Global Low Calorie Snacks Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
9.   Global Low Calorie Snacks Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10.   Global Low Calorie Snacks Historical Market: Breakup by Region (USD Billion), 2018-2023
11.   Global Low Calorie Snacks Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.   North America Low Calorie Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
13.   North America Low Calorie Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.   Europe Low Calorie Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   Europe Low Calorie Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Asia Pacific Low Calorie Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Asia Pacific Low Calorie Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Latin America Low Calorie Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
19.   Latin America Low Calorie Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.   Middle East and Africa Low Calorie Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
21.   Middle East and Africa Low Calorie Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.   Global Low Calorie Snacks Market Structure

Key Questions Answered in the Report

What was the low calorie snacks market size in 2023?

The market reached a value of approximately USD 10.1 billion in 2023.

What is the growth rate of the low calorie snacks market?

The market is projected to grow at a CAGR of 10.90% between 2024 and 2032.

What is the forecast outlook of the low calorie snacks market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 11.2009 billion by 2032.

What are the major market drivers?

The major market drivers include rising popularity of healthy snacking options and increasing health concerns.

What are the key trends of the market?

The key trends fuelling the growth of the market include introduction of novel flavours, increasing emphasis on healthy weight loss, and increasing accessibility of low calorie snacks.

What are the major regions in the market for low calorie snacks, according to the EMR report?

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the significant packaging available in the market?

The significant packaging available in the market include pouches, cans, and jars, among others.

Who are the key market players, according to the report?

The key players in the low calorie snacks market are Archer Daniels Midland Company, General Mills, Inc., The Hain Celestial Group, Inc., Ingredion Incorporated, Conagra Brands, Inc., Mondelez International, Inc., Nestle S.A, The Kraft Heinz Company, Danone S.A., and Cargill Incorporated, among others.

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