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Low Calorie Snacks Market

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
  • Porter's Five Forces
  • 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

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

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

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

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.

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

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

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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