Low-calorie Sweet Treats: Market Outlook
Low-calorie sweeteners are compounds that have no or very few calories but are sweet. In diabetic patients, they help control blood glucose levels. And for any low-calorie sweet treats, they are the primary ingredient.
Growing awareness regarding the health benefits of the product, and increasing health issues like overweight, obesity, cholesterol, heart diseases others, is projected to increase the low-calorie sweet treats market during the forecast period.
Increasing health awareness and demand for healthier food items are also critical perspectives foreseen to anticipate the growth of low-calorie sweet treats in the coming years
Many manufacturers of Low-calorie sweet treats have been introducing varieties of Low-calorie sweet treats with added benefits for health. The manufacturer is also concentrating on offering healthy products which contain low fats and calories.
Newmarket entrants are taking into consideration this prevailing trend of healthy products and are ensuring that the outlets can deliver items that would appeal to the health-conscious consumer which in turn is driving Low-calorie sweet treats market.
The bakery and confectionery market is one of the growing sectors, globally. A wide variety of low-calorie sweet treats such as pastries, doughnuts, cookies, etc are available on retail shelves.
The rising attractiveness towards customizable cakes, pastries, and various other low-calorie sweet treats and the growing innovative techniques in the preparation of various products is expected to drive the Low-calorie sweet treats market growth during the forecast period.
The increasing calorie-conscious population demanding various low-calorie sweet treats as a replacement for conventional sweet treats may also boost the market growth. Also, continuous research and development in the existing product line to manufacture better and low-cost sweet treats products which are natural or plant-based leads the manufacturer towards a profitable future.
The growing popularity of ready to eat food products with high acceptance among consumer exponentially increase the low-calorie sweet treat demand in the assessment period
Health and psychological benefits offered by low-calorie sweet treats like restoring high blood pressure and overall health surge demand among millennials. In North America, increasing awareness regarding healthy diet and high consumer traction toward convenience food upsurge the low-calorie sweet treats market in the region.
Increasing demand for nutritious sweet treats, combined with high food consumption per capita, is leading to market growth, especially in emerging economies like China and India. Growing awareness of health and fitness and the increasing preference for healthy sweet treats, particularly among millennials and young professionals, are the key factors.
There has been increased demand in recent times for industries such as bakeries, chocolatiers, and dessert shops. There has been an unprecedented increase in the number of hotels, restaurants, and cafés selling quality low-calorie chocolate and confectionery goods in countries in the Middle East, where tourism is booming.
The region is home to international confectionery and bakery chains offering various low-calorie sweet treats, as well as 5- and 4-star hotel chains that feature premium low-calorie sweet treats. Rising numbers of foodservice outlets offering various low-calorie sweet treats thereby are impressing and attracting the audiences at these chains, and hence, are major drivers propelling the growth of the market.
Globally, the demand for low-calorie sweet treats has been fueled by a rise in the number of cafés. Consumers prefer to eat hot drinks such as coffee or tea with a tiny sweet treat. The low-calorie sweet treats have also made storage and portability convenience a popular "on-the-go" treatment among consumers.
Leading player in the region focuses on mergers and acquisitions help in diversification of the products, services and long-term prospects of the company. For instance, Cargill-DSM joint ventures Avansya together starts commercial-scale production of ever sweet stevia sweeteners as the increasing demand for low-calorie sweet treats.
Rising Health Awareness Due To Pandemic Shifted Consumer Demand For Low-Calorie Sweet Treats
Diets and tastes have experienced sea changes, particularly during the pandemic due to which people had to turn to work from home and developed the habit of munching while working, which eventually increases the demand for functional products on the market as consumers plan to take advantage of healthy nutrition due to work from home culture, moderately processed foods and low-calorie diets.
Increased demand for low-calorie diets owing to work from home culture triggering the demand for low-calorie sweet treats market across the globe.
Also in demand were the unhealthy guilty pleasure snacks or sweet treats as the current pandemic rendered people more nutrition-conscious, pushing them to make healthier snack choices.
While snack manufacturers are adding nutritional value to their products to allow more immunity-strengthening and sugar-free alternatives, subscription-based healthy sweet treats products are growing. This demand for healthy treats is causing the growth of the market for low-calorie sweet treats.
As individuals, specifically among millennial ready-to-eat food products become everyone’s instant companions, offering a sense of contentment as well as satisfaction.
As being indoor for longer periods need more patience there is nothing like a brownie and cookies, which are low-calorie sweet treats that help to relieve us from cravings. Hence, increasing demand for low-calorie sweet treats market.
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Other trends helping the Low-calorie Sweet treats market to grow
Organic is a key trend that has been observed in the current bakery and confectionary sector. This emergence of the organic movement has propelled the demand for organic low-calorie sweet treats, including consumer awareness of the benefits of consuming organic low-calorie sweet treats.
Thus, increased demand for organic low-calorie sweet treats is anticipated to gain greater traction in the forecast period.
Besides, today's consumers are more attentive to the labelling of food products and the consequences of the use of pesticides and preservatives are well-known among consumers that have created better prospects for growth in the market for low-calorie sweet treats.
Low-calorie Sweet treats Market: Key Players
Some of the key players operating in the global low-calorie sweet treats include
- Hershey Co
- Mondel?z Internatio
- Amul Milk Ltd
- Archer Daniels Midland
- Tate & Lyle Finland Cheese Inc.
- Land O’Lakes Inc.
- Plugra European
- Organic Valley
- Kerrygold Inc.
- Vital Farms
- Horizon Organic Inc.
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Low-calorie Sweet treats Market: Regional Analysis
In the global economy, North America accounted for a large share, followed by Europe. In countries such as Canada, the USA, France, the United Kingdom, Germany, Denmark and Switzerland, the market is powered by an advertising campaign and attractive packaging manufacturer gradually increase the popularity among the consumers. Moreover, the strong presence of key firms in the area will have a positive effect on the growth of the low-calorie industry.
The Asia Pacific is projected to be the fastest-growing market for low-calorie sweet treats due to the rise in demand for low-calorie food items and increasing disposable income. During the forecast period, moderate growth will occur in other regions, such as the Middle East & Africa, and Europe.
The low-calorie sweet treats market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the Low-calorie Sweet treats market, including but not limited to: Regional markets, product type, form, and end-use and distribution channel.
The study is a source of reliable data on:
- Low-calorie Sweet treats market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
An Adaptive Approach to Modern-day Research Needs
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- The Middle East and Africa (GCC, Southern Africa, and North Africa)
The Low-calorie Sweet treats market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro-and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Low-calorie Sweet treats market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Low-calorie Sweet treats market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the Low-calorie Sweet treats market
- Recommendations to companies for strengthening their foothold in the Low-calorie Sweet treats market
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Low-calorie Sweet treats: Market Segmentation
Based on product type, the global low-calorie sweet treats market can be segmented as:
- Bakery products
- Dairy and frozen desserts
Based on special diet needs, the global low-calorie sweet treats market can be segmented as:
Based on flavours, the global low-calorie sweet treats market can be segmented as:
Based on the distribution channel, the global low-calorie sweet treats market can be segmented as:
- Convenience Store
- Specialty Store
- Online Retail Stores
NOTE - Although care has been taken to maintain the highest levels of accuracy in Fact.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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