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Global Low-Calorie Snacks Market Size, Trends, and Growth Opportunity, By Source (Plant-Based, Animal-Based, Marine, Others), Nature (Organic, Conventional), Packaging (Bags, Boxes, Pouches, Cans, Jars, Others), Product Type (Sweet Snacks, Savory Snacks, Others), Sales Channel (B2B (Direct Sales), B2C (Indirect Sales)) By Region and forecast till 2027.


Report ID : IR1001887 | Industries : Food and Beverage | Published On :June 2024 | Page Count : 194

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  • Global Low-Calorie Snacks Market Size, Trends, and Growth Opportunity, By Source (Plant-Based, Animal-Based, Marine, Others), Nature (Organic, Conventional), Packaging (Bags, Boxes, Pouches, Cans, Jars, Others), Product Type (Sweet Snacks, Savory Snacks, Others), Sales Channel (B2B (Direct Sales), B2C (Indirect Sales)) By Region and forecast till 2027.
    Global Low-Calorie Snacks Market
    The global Low-Calorie Snacks Market was valued at USD 8500 Million in 2021 and is slated to reach USD 20624 Million by 2027 at a CAGR of 15.92 % from 2022-2027.
    Low-calorie snacks, also known as kefir or kephir, is a fermented milk drinks made from low-calorie snack grains that are similar to thin yogurt. A specific type of mesophilic symbiotic culture is low-calorie snack grain. It is made by combining yeast and bacteria cultures with milk. This allows them to multiply and produce a fermented beverage. Low-calorie snacks with a tangy and tart flavor and the consistency of drinkable yogurt.
    Market Drivers
    The growing prevalence of obesity and other obesity-related diseases around the world is expected to drive the growth of the low-calorie snacks market. According to World Health Organization estimates, more than 1.9 billion adults were overweight in 2016, with over 650 million being obese. Furthermore, approximately 38 million children under the age of five were obese or overweight in 2019. As a result, rising obesity rates are a major factor driving global market growth over the forecast period. In recent years, developing economies' per capita income has risen dramatically. The per capita income of china increased by 0.3% in 2019 compared to 2018. When compared to 2016, India's disposable income increased by approximately 9.4% in 2017. Because of increased global awareness of fitness and rising disposable incomes, consumers are more likely to purchase environmentally friendly and high-end products such as low-calorie meals. Additionally, there are many opportunities for the expansion of the low-calorie snack market globally thanks to the benefits of corporate wellness programmes and advantageous governmental regulations.
    Market Restraints
    Taste is a major factor in reducing the consumption of low-calorie snacks. Furthermore, the high cost of low-calorie snacks is expected to stifle market growth during the forecast period. Ready-to-eat food claims to have few potential health threats that will likely obstruct market growth over the forecast period, while processed food claims to have few potential health threats. Customers' preference for baked goods such as bread, cookies, and rolls over cereals such as wheat, oat, and barley, which are high in proteins, fiber, minerals, and carbohydrates, is expected to limit the growth of the low-calorie snack market. Despite the fact that there are many healthy snack options available, cereal grains are the best energy source. They effectively prevent and treat a wide range of illnesses, including cancer, diabetes, constipation, and others. As a result, the availability of healthier alternatives limits the market growth.
    Impact of COVID-19
    Because of the COVID-19 pandemic, there has been a sudden drop in the demand for and sale of snacks. During the early stages of the lockdown, panic buying of food supplies by consumers contributed to the rapid sale of ready-to-eat food in retail distribution channels. According to the United States Department of Agriculture, grocery store sales increased by 99% in the middle of March and will be 25% higher on April 1st, 2020, when compared to the previous year. The current pandemic's trend of consuming nutrient-enriched products to maintain overall health and immunity is expected to create enormous opportunities for healthy food manufacturers in the coming years.
    Recent Developments
    Archer Daniels Midland and PepsiCo Company announced a groundbreaking 7.5-year strategic commercial contract in 2022 to collaborate on initiatives that will significantly increase the use of regenerative agriculture in all North American supply chains. By 2030, this strategic alliance is expected to cover approximately 2 million acres.
    Archer Daniels Midland Company and New Culturr, a pioneer in animal-free dairy, will collaborate in 2022. This collaboration demonstrates both companies' commitment to making food production more sustainable in the future.
    Market Segmentation
    The global Low-Calorie Snacks Market is segmented By Source, Nature, Packaging, Product Type, and Sales Channel. By Sources such as Plant-Based, Animal-Based, Marine, and Others. By Nature such as Organic, Conventional. By packagings such as Bags, Boxes, Pouches, Cans, Jars, and Others. By Product Types such as Sweet Snacks, Savory Snacks, and Others. By Sales Channels such as B2B (Direct Sales), and B2C (Indirect Sales).
    Regional Analysis
    Global Low-Calorie Snacks Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. In terms of revenue and market share, North America dominates the low-calorie snack market. This is primarily due to the increasing adoption of products that aid in the maintenance of cholesterol, blood sugar, and blood sugar in this region. Furthermore, the growing prevalence of health consciousness among people is expected to boost the market growth. Due to the growth and expansion of the food and beverage industries in this region, Asia-Pacific is expected to be the fastest developing region during the forecast period of 2022-2027.
    Key Players
    This report includes a list of numerous Key Players, namely Cargill, Incorporated (U.S.), Eat Natural (U.K.), Maple Leaf Foods (Canada), Greenleaf Foods SPC (U.S.), Danone S.A. (Switzerland), Nestle S.A. (Switzerland), Unilever (U.K.), Siren Snacks (U.S.), Green Park Brands (U.K.), PRIMAL SPIRIT FOODS INC. (U.S.).
    Market Taxonomy  
    By Source
    • Plant-Based
    • Animal-Based
    • Marine
    • Others
    By Nature
    • Organic
    • Conventional
    By Packaging
    • Bags
    • Boxes
    • Pouches
    • Cans
    • Jars
    • Others
    By Product Type
    • Sweet Snacks
    • Savory Snacks
    • Others
    By Sales Channel
    • B2B (Direct Sales)
    • B2C (Indirect Sales)
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa.
     

    Global Low Calorie Snacks Market
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Low Calorie Snacks Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing Economic Downturn
    4.2.6 Post Covid-19 World Supply and Demand Conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Low Calorie Snacks Market, By Source
    5.1 Y-o-Y Growth Comparison, By Source
    5.2 Global Low Calorie Snacks Market Share Analysis, By Source
    5.3 Global Low Calorie Snacks Market Size and Forecast, By Source
    5.3.1 Plant-Based
    5.3.2 Animal-Based
    5.3.3 Marine
    5.3.4 Others
    6 Global Low Calorie Snacks Market, By Nature
    6.1 Y-o-Y Growth Comparison, By Nature
    6.2 Global Low Calorie Snacks Market Share Analysis, By Nature
    6.3 Global Low Calorie Snacks Market Share Analysis, By Nature
    6.3.1 Organic
    6.3.2 Conventional
    7.Global Low Calorie Snacks Market, By Packaging
    7.1 Y-o-Y Growth Comparison, By Packaging
    7.2 Global Low Calorie Snacks Market Share Analysis, By Packaging
    7.3 Global Low Calorie Snacks Market Share Analysis, By Packaging
    7.3.1 Bags
    7.3.2 Boxes
    7.3.3 Pouches
    7.3.4 Cans
    7.3.5 Jars
    7.3.6 Others
    8.Global Low Calorie Snacks Market, By Product Type
    8.1 Y-o-Y Growth Comparison, By Product Type
    8.2 Global Low Calorie Snacks Market Share Analysis, By Product Type
    8.3 Global Low Calorie Snacks Market Share Analysis, By Product Type
    8.3.1 Sweet Snacks
    8.3.2 Savory Snacks
    8.3.3 Others
    9.Global Low Calorie Snacks Market, By Sales Channel
    9.1 Y-o-Y Growth Comparison, By Sales Channel
    9.2 Global Low Calorie Snacks Market Share Analysis, By Sales Channel
    9.3 Global Low Calorie Snacks Market Share Analysis, By Sales Channel
    9.3.1 B2B (Direct Sales)
    9.3.2 B2C (Indirect Sales)
    10 Global Low Calorie Snacks Market, By Region
    10.1 Global Low Calorie Snacks Market Share Analysis, By Region
    10.2 Global Low Calorie Snacks Market Share Analysis, By Region
    11 North America Low Calorie Snacks Market and Forecast (2022-2027)
    11.1 Introduction
    11.2 North America Low Calorie Snacks Market Share Analysis, By Source
    11.3 North America Low Calorie Snacks Market Size and Forecast, By Nature
    11.4 North America Low Calorie Snacks Market, By Packaging
    11.5 North America Low Calorie Snacks Market Size and Forecast, By Product Type
    11.6 North America Low Calorie Snacks Market Share Analysis, By Sales Channel
    11.7 North America Low Calorie Snacks Market Size and Forecast, By Country
    11.7.1 U.S
    11.7.2 Canada
    11.7.3 Mexico
    12 Europe Low Calorie Snacks Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Europe Low Calorie Snacks Market Share Analysis, By Source
    12.3 Europe Low Calorie Snacks Market Size and Forecast, By Nature
    12.4 Europe Low Calorie Snacks Market, By Packaging
    12.5 Europe Low Calorie Snacks Market Size and Forecast, By Product Type
    12.6 Europe Low Calorie Snacks Market Share Analysis, By Sales Channel
    10.7 Europe Low Calorie Snacks Market Size and Forecast, By Country
    12.7.1 Germany
    12.7.2 France
    12.7.3 UK
    12.7.4 Rest of Europe
    13 Asia Pacific Low Calorie Snacks Market  Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Asia-Pacific Low Calorie Snacks Market Size and Forecast, By Source
    13.3 Asia-Pacific Low Calorie Snacks Market Size and Forecast, By Nature
    13.4 Asia-Pacific Low Calorie Snacks Market, By Packaging
    13.5 Asia-Pacific Low Calorie Snacks Market Size and Forecast, By Product Type
    13.6 Asia-Pacific Low Calorie Snacks Market Share Analysis, By Sales Channel
    11.7 Asia-Pacific Low Calorie Snacks Market Size and Forecast, By Country
    11.7.1 China 
    11.7.2 Japan
    11.7.3 India
    11.5.4. Rest of Asia Pacific
    14 Latin America Low Calorie Snacks Market Analysis and Forecast (2022-2027)
    14.1 Introduction
    14.2 Latin America Low Calorie Snacks Market Size and Forecast, By Source
    14.3 Latin America Low Calorie Snacks Market Size and Forecast, By Nature
    14.4 Latin America Low Calorie Snacks Market, By Packaging
    14.5 Latin America Low Calorie Snacks Market Size and Forecast, By Product Type
    14.6 Latin America Low Calorie Snacks Market Share Analysis, By Sales Channel
    14.7 Latin America Low Calorie Snacks Market Size and Forecast, By Country
    14.7.1 Brazil
    14.7.2.Rest of Latin America
    15 Middle East Low Calorie Snacks Market Analysis and Forecast (2022-2027)
    15.1 Introduction
    15.2 Middle East Low Calorie Snacks Market Share Analysis, By Source
    15.3 Middle East Low Calorie Snacks Market Size and Forecast, By Nature
    15.4 Middle East Low Calorie Snacks Market, By Packaging
    15.5 Middle East Low Calorie Snacks Market Size and Forecast, By Product Type
    15.6 Middle East Low Calorie Snacks Market Share Analysis, By Sales Channel
    15.7 Middle East Low Calorie Snacks Market Size and Forecast, By Country
    15.7.1. Saudi Arabia
    15.7.2. UAE
    15.7.2. Egypt
    15.7.4. Kuwait
    15.7.5. South Africa
    16 Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17 Company Profiles
    17.1. Cargill, Incorporated (U.S.)
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2. Eat Natural (U.K.)
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    17.2.6 Key Strategies
    17.3. Maple Leaf Foods (Canada)
    17.3.1 Overview
    17.3.2 Offerings
    17.3.3 Key Financials
    17.3.4 Business Segment & Geographic Overview
    17.3.5 Key Market Developments
    17.3.6 Key Strategies
    17.4. Greenleaf Foods SPC (U.S.)
    17.4.1 Overview
    17.4.2 Offerings
    17.4.3 Key Financials
    17.4.4 Business Segment & Geographic Overview
    17.4.5 Key Market Developments
    17.4.6 Key Strategies
    17.5. Danone S.A. (Switzerland)
    17.5.1 Overview
    17.5.2 Offerings
    17.5.3 Key Financials
    17.5.4 Business Segment & Geographic Overview
    17.5.5 Key Market Developments
    17.5.6 Key Strategies
    17.6. Nestle S.A. (Switzerland)
    17.6.1 Overview
    17.6.2 Offerings
    17.6.3 Key Financials
    17.6.4 Business Segment & Geographic Overview
    17.6.5 Key Market Developments
    17.6.6 Key Strategies
    17.7. Unilever (U.K.)
    17.7.1 Overview
    17.7.2 Offerings
    17.7.3 Key Financials
    17.7.4 Business Segment & Geographic Overview
    17.7.5 Key Market Developments
    17.7.6 Key Strategies
    17.8. Siren Snacks (U.S.)
    17.8.1 Overview
    17.8.2 Offerings
    17.8.3 Key Financials
    17.8.4 Business Segment & Geographic Overview
    17.8.5 Key Market Developments
    17.8.6 Key Strategies
    17.9. Green Park Brands (U.K.)
    17.9.1 Overview
    17.9.2 Offerings
    17.9.3 Key Financials
    17.9.4 Business Segment & Geographic Overview
    17.9.5 Key Market Developments
    17.9.6 Key Strategies
    17.10. PRIMAL SPIRIT FOODS INC. (U.S.)
    17.10.1 Overview
    17.10.2 Offerings
    17.10.3 Key Financials
    17.10.4 Business Segment & Geographic Overview
    17.10.5 Key Market Developments
    17.10.6 Key Strategies