The low-calorie sweets market is estimated to secure a valuation of US$ 2.1 Billion in 2023 and is estimated to rise to US$ 3.5 Billion by 2033. The market is anticipated to grow at a CAGR of 5.4% during the forecast period. The factors accelerating the demand for low-calorie sweets are as follows-
The low-calorie sweets market is gaining traction due to the increasing demand from diabetic patients and growing consumer inclination towards healthy low calorie food products.
The demand for low-calorie sweets is increasing in the global market due to the health benefits associated with low-calorie food products and the increased consumption of sustainable food products.
Other factors driving the growth of the low-calorie sweets market are increasing per capita income and increasing spending on high nutritional functional food products.
North America accounts for the largest share of the low-calorie sweets market. The major share of the regional market is attributed to the increasing number of obese & diabetic populations, increased health and wellness concerns, and strong demand for low-calorie products. Changing consumer lifestyle and increasing awareness of low-calorie sweets in the consumer of USA and Canada is expected to boost market sales in the region.
Europe is expected to dominate the market over the forecast years owing to the increasing demand for low-calorie deserts from the food industry and rapidly changing food consumption habits pushing the sales of low-calorie sweets market Asia Pacific is showing the fastest growth in the low-calorie sweet market owing to the growing per capita income and rising awareness among consumers.
Some of the players operating in the low-calorie sweets market include smart baking company, HYET Sweet, DuPont De Nemours, Sweetlife, Kindom of cakes, love Kupcakes Inc., Noshu FoodsPty Ltd, Unilever Inc., General Mills, Ingredioan Incorporation, wells Enterprises among others.
The players in the low-calorie sweet market have adopted business expansion and product launches as key strategies to increase the market share. Also, the players are focusing on mergers, acquisitions, and partnerships to expand their footprint.
For instance, Smart Baking Company introduced cinnamon smart cake with only 38 calories per smart cake packed with 5 fiber and 4-gram protein, and also the products are gluten-free and free of sugar and starch.
The low-calorie sweets market is expected to grow in the coming years due to increased consumption of confectionary products and the growing concerns about health issues like cardiovascular diseases, obesity, and others has moved consumers towards low-calorie sweets.
The low-calorie sweets market has seen significant growth in recent years as the consumer becomes more interested in sugar-free products and low-calorie food options. The increased population moving towards healthier sweet products leads to an increase in demand for low-calorie sweets. Several start-ups operating in this space, offering innovative and delicious low-calorie sweets with nutritional benefits to consumers.
For instance, founded in 2013- 0 Calories is a manufacturer and retailer of low-calorie desserts, and sells cakes, jams, and desserts. All the products contain low-calorie, low GI, useful pectin, dietary fiber, protein, and prebiotics.
| Data Point | Key statistics |
|---|---|
| Expected Market value in 2023 | US$ 2.1 Billion |
| Projected Market Value in 2033 | US$ 3.5 Billion |
| Growth Rate (2023 to 2033) | CAGR of 5.4% |
Low calorie sweets are a kind of sweets made with low fat and natural or less sugar ingredients, which naturally adds sweetness and serves low calories to body. The market can be a great source of healthy eating. Consumers are turning health and diet conscious and it may seem absurd to eat sweets when consumers are focusing to lose weight regimen, eating sweets can help staying on track.
Instead of entirely depriving body from the food your body loves, having low calorie sweets that are made out for consumers can help them stay motivated to keep up with their health goals and stay within your calorie limits. Including sweets daily or hardly once or twice a week and if it's something a person enjoy can actually aid to stay on path with dietary goals.
Bakery and confectionery market is one of the growing sectors, globally. A variety of low calorie sweets are offered or available like pastries, doughnuts, cookies other like cupcakes. The rising attractiveness towards customizable cakes, pastries and various other low-Calorie sweets and the growing innovative techniques in the preparation of various products is expected to drive the Low calorie sweets market growth during the forecast period.
Confectionery products comprising of fat and sugar in negligible amount and do-not have opposing health effects on body. Health and psychological benefits offered by low calorie sweets like restoring high blood pressure and overall health surge demand among millennial.
In addition to this, low calorie sweets having low-fat and natural sugar/minimal sugar items have become the hottest trend between the millennial population, as they are entirely committed to fitness and health driving the growth of low calorie sweet market.
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. However, with the various health benefits associated with low calorie sweets is propelling the market significantly.
The increasing income of middle class consumers are also able to buy low calorie sweets as they too are finding a better way to stay fit and healthy. Increasing demand for nutritious sweets, 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 sweets is a key factor.
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The growing curiosity in low calorie sweets has been growing recently, because of increasing awareness about healthy food and the current trend of clean and healthy eating. The over use of sugar causes ailments such as obesity and diabetes. These ailments have posed a risk to the humans, and to combat with these ailments the consumption of low calorie food products is beneficial. Thus, people are demanding products which have low calories sweets, which has raised the market growth of low calorie sweets globally.
Consumers’ ‘fast and furious’ workoutroutine is another factor, as this will also drive the market headlong tremendously in the forecast period. Consumers are busy in there day to day work and would constantly want to consume healthy food; thus, this will additional also increase the market growth in the forecast period.
The surge in consumers are growing conscious on the obtaining of healthy products, and have set trend related healthy ingredients and healthy food/products. Which will positively impact the low calorie sweets market in coming years.
Also, eating low calorie sweets can benefit teeth and protect them from cavity and other infections like swelling. Emerging 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 sweets market.
Nowadays, manufactures are focusing on to offer low calorie sweets which will benefit consumers without negotiating with the taste which is increasing the market growth rate. Continuous research and development in the existing product line to manufacture better and low cost sweet 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 sweets demand in the forecast period.
For instance: According to NCBI, the USA food supply chain have the large amount of energy-dense foods which consist of high sugars and low nutrients. It is also claimed that restricting high sugar sweeteners in foods in after-school community programs will have more impact on reducing the consumption of excess calories and weight gain in youth.
These guidelines will have positive effect on low calorie sweet market and will raise the demand in forecast period for low calorie sweets.
Some of the key players operating their business in the global low calorie sweetsmarket are-
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The North America holds a maximum share in terms of value in the low calorie sweets market followed by European region. The consumption of low calorie sweets in North America is high, owing to deteriorating health conditions and busy lifestyle in this region.
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 manufacturers in the area will have a positive effect on the growth of the low calorie sweets industry.
In addition, increasing health consciousness has shifted the consumers for convenient food in countries like China and India, which in turn is providing a significant growth to the Asia Pacific low calorie sweetsmarket. Additionally, high focus on organic with added health benefits is likely to uplift the global low calorie sweetsmarket.
Asia Pacific is projected to be the fastest-growing market for low calorie sweets because of 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 sweets 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 sweets market, including but not limited to: regional markets, nature, product, end-use, and distribution channel.
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The low calorie sweetsmarket 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 sweets market report projects the attractiveness of each major segment over the forecast period.
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Low Calorie Sweets Market
