Low Calorie Snacks Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
Low-calorie snacks refer to a food product with the label “low calorie” that contains 40 calories and has no impact on the body. Low-calorie snacks refer to food products with the label low calorie that contain 40 calories and have no detrimental impact on the body. Low-calorie snacks are healthy alternatives for snacking.

Sizing and Forecast
The low calorie snacks market size has grown rapidly in recent years. It will grow from $11.08 billion in 2023 to $12.74 billion in 2024 at a compound annual growth rate (CAGR) of 15.0%. The growth in the historic period can be attributed to functional snacking, changing lifestyles, sustainability concerns, customization in snacking, educational campaigns..

The low calorie snacks market size is expected to see rapid growth in the next few years. It will grow to $22.7 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to convenience and on-the-go consumption, diverse flavor profiles, education and awareness initiatives, regulatory developments, increasing social media influence. Major trends in the forecast period include portion control and packaging innovation, education and awareness campaign, regulatory changes, health apps and wearables, social media influence, snack customization, ethical and sustainable choices..

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Segmentation & Regional Insights
The low calorie snacks market covered in this report is segmented –

1) By Type: Sweet Snacks, Savory Snacks, Other Types
2) By Source: Plant-Based, Animal-Based, Marine, Other Sources
3) By Nature: Organic, Conventional
4) By Packaging: Bags, Boxes, Pouches, Cans, Jars, Other Packagings
5) By Distribution Channel: Supermarket/Hypermarket, Specialty Stores, Other Online Stores

North America was the largest region in the low calorie snacks market in 2023. The regions covered in the low calorie snacks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
Rising consumer awareness about health and fitness is expected to propel the growth of the low-calorie snacks market going forward. Customers are choosing low-calorie snacks and other items due to growing health and fitness awareness. Obesity is a disease that primarily involves a relatively higher body fat percentage. A low-calorie diet can be very beneficial in obesity and diabetes treatment as it makes the fat-burning process faster and puts the body in a catabolic state. For instance, in June 2022, according to International Health Research, a US-based corporation, 66.5 million people were members of health clubs in the United States in 2021 . Furthermore, according to the World Obesity Federation, a federation of scientific, medical, and research professionals from over 50 regional and national obesity associations, 1 billion people globally, including 1 out of 5 women and 1 out of 7 men, will be living with obesity in 2030. Therefore, the rising consumer awareness about health and fitness is driving the low-calorie snacks market.

Key Industry Players
Major companies operating in the low calorie snacks market report are Nestlé SA, Conagra Brands Inc., Tyson Foods Inc., Danone SA, PepsiCo Inc., General Mills Inc., Dole plc, Calbee Inc., Mondelez International Inc., The Kraft Heinz Company, The Hain Celestial Group Inc., Medifast Inc., Bernard Food Industries Inc., Ingredion Incorporated, Warrell Corporation, Fiber One, Halo Top Creamery, Kind LLC, Amplify Snack Brands Inc., Popchips Inc., PopCorners, Quest Nutrition LLC, Rhythm Superfoods LLC, Sahale Snacks Inc., Simply 7 Snacks LLC, SimplyProtein LLC, The Skinny Cow, SkinnyPop Popcorn LLC, Smartfood Popcorn, Snikiddy LLC, SunButter LLC, The Better Chip LLC, The Good Bean Inc.

The low calorie snacks market report table of contents includes:

1. Executive Summary

2. Low Calorie Snacks Market Characteristics

3. Low Calorie Snacks Market Trends And Strategies

4. Low Calorie Snacks Market – Macro Economic Scenario

5. Global Low Calorie Snacks Market Size and Growth

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31. Global Low Calorie Snacks Market Competitive Benchmarking

32. Global Low Calorie Snacks Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Low Calorie Snacks Market

34. Low Calorie Snacks Market Future Outlook and Potential Analysis

35. Appendix

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