Low Fat Sweet Snacks Market
Low Fat Sweet Snacks Market Analysis Report By Sources (Animal-Based, Plant-Based), By Dietary Special Needs (Gluten-Free, Vegan, Vegetarian), By Distribution Channel (Hyper Markets, Convenience, Specialty Stores), By Packaging (Bottle, Jars, Box), By Region - Global Insights To 2031
Analysis of Low Fat Sweet Snacks Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Low Fat Sweet Snacks: Market outlook
The worldwide demand for low fat sweet snacks is experiencing progressive rise because of constant advancement of the pattern of consumption and the inclination headed for healthier low fat sweet snacks products.
Consumers are restlessly in search of for fast, safe and affordable nutritious snacks and which is why low fat sweet snacks industry is evolving.
Low fat sweet snacks caters numerous roles for customers, from true indulgence and hunger satisfaction to providing energy to human body. Other advantages of selecting nutritious low fat sweet snacks are they are packed with nutrients, vitamins and minerals that will fuel the body and keep blood sugar levels stable. Low fat sweet snacks also plays a crucial role in retaining a healthy diet and helps manage hunger between meals.
Nutritious low fat sweet snacks improves overall health, enhances brainpower, reduce cravings, regulate mood swing and gives the energy required to keep going all day. Usages of raw materials or inventory, producing and preservation advancements and groundbreaking attractive packaging methods have fueled the development of the low fat sweet snacks industry.
Moreover, the manufacturers on low fat sweet snacks are focusing on building strong distribution networks for online as well as offline platforms. Online sales channel is one of the fastest-growing for customer to purchases of on-the- go or ready-to-eat low fat sweet snacks food products and hence Companies are lunching online websites to sell products as well as making their products available on different food selling apps to reach wider consumer base. This has given ease to consumers to readily access low fat sweet snacks around the world at any point of time and from any location.
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Trends such as Better for you food products and 3 meal ‘3 meals vs. 6 meals’ to enhance the low fat sweet snacks market
Various studies and reports suggested that having six small meals a day helps in weight loss and digestion, hence large percentage of consumer is adopting this trend.
Technomic’s Snacking Occasion Consumer Trend Report discovered that customers nowadays are more likely to switch to snacks that are healthy and tasty instead of full size meals.
Statics has proven that more than 70% of consumers confirm snacking at least once a day. Resulting, food producers are introducing balanced, well-portioned snack products which offer wholesome nutrition to replace regular meals which is leading to rise in low fat sweet snacks market size.
Low fat sweet snacks suffice numerous requirements of modern customers as low fat sweet snacks can be ate between meals or as their replacement. Low fat sweet snacks producers are branching out from original recipes and launching new line of healthy snacks in the market with attractive ingredients, flavors, and textures, which will boost the low fat sweet snacks market.
Better-for-you (“BFY”) food is nothing but blend of healthy and clean label food products. There is tremendous growing consumer demand for claims and labels such as organic, non-GMO, gluten-free, no additives and many more.
Trend of consuming Better for you food product is fueling to growth of sales as consumers looking for transparency in the supply chain and responsible manufacturing.
According to a study, 87% of millennials generation eat at least one BFY snack in a week. Statistics has also shown that, more than 90% of households prefer purchasing food products which are clean labelled at grocery shops. And thus rising trends will help low fat sweet snacks to grow.
Merger and Acquisition in Low Fat Sweet Snacks Industry Fulling Growth of Market
Merger and Acquisition in low fat sweet snacks industry has mostly been driven by producers who are looking to expand business into new geographical markets and new product lines. Giant enterprises have achieved progress by acquiring minor but well-known brands who are catering needs of low fat sweet snacking industry.
Acquisition of fast growing and innovative brands will enable companies to reach a wider set of consumers and to enhance market share and positioning in new market and this will enhance low fat sweet snacks market.
For instance Mondelez, leading producer of snacking food products has winning formula of nine leading global brands such as Oreo, Cadbury, BelVita, Trident Philadelphia, Halls, Tang, Milka and Toblerone.
Along with this more than 65 local super brands to fulfil varying customer buying behavior. Company has established SnackFutures, which is innovation center committed to support startups to launch disruptive brands and also revitalize existing brands.
Company has focused on acquiring brands such as in year of 2015 it acquired Chicago-based producer of allergen-free bars and cookies named Enjoy Life Foods. After this premium cookie brand named Tate’s Bake Shop in May 2018 which is based in New York and recent one is Perfect Snacks (July 2019), a California-based maker of refrigerated nutrition bars and bites.
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Low Fat Sweet Snacks Market: Key Players
Some of the key players operating their business in global low fat sweet snacks market are
- General Mills
- ITC Limited
- Kellogg Company
- PepsiCo
- Mondelz International
- Kraft Heinz Co.
- Diamond Foods Inc.
- Golden Wonder
- Procter & Gamble
- The Hain Celestial Group.
Along with this Nature Valley, Ghirardelli, KIND Bars, Good Health Natural Foods, Atkins, Diva Stuff, Great Value, Angie's, Kind Bar, Sam's Choice, Fiber One, Way Better Snacks are few brands which caters low fat sweet snacks for customers.
Low Fat Sweet Snacks Market: Regional Analysis
North America dominates global low fat sweet snacks market. It holds around one fourth of global low fat sweet snacks market share. U.S. is prime buyer of low fat sweet snacks and holds more than half of market share in the North America region.
Constantly increasing disposable income of buyers from different class of society and growing base of working professionals are some primary reasons for growth stimulants for North Americas low fat sweet snacks market. Europe is a second-largest market for low fat sweet snacks, followed by Asia Pacific region. Emerging economies like India and China are key nations to fuel the growth of Asia Pacific region for low fat sweet snacks market.
The low fat sweet snacks 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 fat sweet snacks market, including but not limited to: distribution channel, dietary special needs, source, and flavour.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
The Study is a Source of Reliable Data on:
- Low fat sweet snacks 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
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)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The low fat sweet snacks 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 analysing 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 fat sweet snacks market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Low Fat Sweet Snacks 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 fat sweet snacks market
- Recommendations to companies for strengthening their foothold in the Low fat sweet snacks market
Global Low Fat Sweet Snacks: Market Segmentation
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On the basis of Sources, global low fat sweet snacks market can be segmented as:-
- Animal-based
- Plant-Based
-
On the basis of dietary special needs, global low fat sweet snacks market can be segmented as:-
- Gluten-Free
- Vegan
- Vegetarian
- Organic
- High Protein
- Dairy-Free
- Soy-Free
- Low Glycemic
- Wheat-Free
- Cholesterol-Free
- GMO-Free
- Gluten Free
- Halal
- High Carb
- High Fiber
- Kosher
- Lactose-Free
-
On the basis of distribution channel, global low fat sweet snacks market can be segmented as:-
- Super Markets/ Hyper Markets
- Convenience Stores
- Specialty Stores
- Online Channels
- Others
-
On the basis of packaging, global low fat sweet snacks market can be segmented as:-
- Bottle
- Jars
- Box
- Can
- Packet
- Pouch
- Tray
- Others
-
On the basis of Flavour, global low fat sweet snacks market can be segmented as:-
- Unflavoured
- Chocolate
- Vanilla
- Strawberry
- Orange
- Lemon
- Cherry
- Berry
- Apple
- Raspberry
- Cinnamon
- Blueberry
- Mint
- Cheese
- Coconut
- Citrus
- Caramel
- Mango
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Sources 6.2. Dietary Special Needs 6.3. Distribution Channel 6.4. Packaging 6.5. Flavour 7. Global Market Analysis and Forecast, By Sources 7.1. Animal-based 7.2. Plant-Based 8. Global Market Analysis and Forecast, By Dietary Special Needs 8.1. Gluten-Free 8.2. Vegan 8.3. Vegetarian 8.4. Organic 8.5. High Protein 8.6. Dairy-Free 8.7. Soy-Free 8.8. Low Glycemic 8.9. Wheat-Free 8.10. Cholesterol-Free 8.11. GMO-Free 8.12. Gluten Free 9. Global Market Analysis and Forecast, By Distribution Channel 9.1. Super Markets/ Hyper Markets 9.2. Convenience Stores 9.3. Specialty Stores 9.4. Online Channels 9.5. Others 10. Global Market Analysis and Forecast, By Packaging 10.1. Bottle 10.2. Jars 10.3. Box 10.4. Can 10.5. Packet 10.6. Pouch 10.7. Tray 10.8. Others 11. Global Market Analysis and Forecast, By Flavour 11.1. Unflavoured 11.2. Chocolate 11.3. Vanilla 11.4. Strawberry 11.5. Orange 11.6. Lemon 11.7. Cherry 11.8. Berry 11.9. Apple 11.10. Raspberry 11.11. Cinnamon 11.12. Blueberry 12. Global Market Analysis and Forecast, By Region 12.1. North America 12.2. Latin America 12.3. Western Europe 12.4. Eastern Europe 12.5. East Asia 12.6. South Asia & Pacific 12.7. MEA 13. North America Sales Analysis and Forecast, by Key Segments and Countries 14. Latin America Sales Analysis and Forecast, by Key Segments and Countries 15. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 16. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 17. East Asia Sales Analysis and Forecast, by Key Segments and Countries 18. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 19. MEA Sales Analysis and Forecast, by Key Segments and Countries 20. Sales Forecast by Sources, Dietary Special Needs, Distribution Channel, Packaging, and Flavour for 30 Countries 21. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 22. Company Profile 22.1. General Mills 22.2. ITC Limited 22.3. Kellogg Company 22.4. PepsiCo 22.5. Mondelz International 22.6. Kraft Heinz Co. 22.7. Diamond Foods Inc. 22.8. Golden Wonder 22.9. Procter & Gamble 22.10. The Hain Celestial Group
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Sources
Table 3: Global Market US$ Mn Forecast by Dietary Special Needs
Table 4: Global Market US$ Mn Forecast by Distribution Channel
Table 5: Global Market US$ Mn Forecast by Packaging
Table 6: Global Market US$ Mn Forecast by Flavour
Table 7: North America Market US$ Mn Forecast by Country
Table 8: North America Market US$ Mn Forecast by Sources
Table 9: North America Market US$ Mn Forecast by Dietary Special Needs
Table 10: North America Market US$ Mn Forecast by Distribution Channel
Table 11: North America Market US$ Mn Forecast by Packaging
Table 12: North America Market US$ Mn Forecast by Flavour
Table 13: Latin America Market US$ Mn Forecast by Country
Table 14: Latin America Market US$ Mn Forecast by Sources
Table 15: Latin America Market US$ Mn Forecast by Dietary Special Needs
Table 16: Latin America Market US$ Mn Forecast by Distribution Channel
Table 17: Latin America Market US$ Mn Forecast by Packaging
Table 18: Latin America Market US$ Mn Forecast by Flavour
Table 19: Western Europe Market US$ Mn Forecast by Country
Table 20: Western Europe Market US$ Mn Forecast by Sources
Table 21: Western Europe Market US$ Mn Forecast by Dietary Special Needs
Table 22: Western Europe Market US$ Mn Forecast by Distribution Channel
Table 23: Western Europe Market US$ Mn Forecast by Packaging
Table 24: Western Europe Market US$ Mn Forecast by Flavour
Table 25: Eastern Europe Market US$ Mn Forecast by Country
Table 26: Eastern Europe Market US$ Mn Forecast by Sources
Table 27: Eastern Europe Market US$ Mn Forecast by Dietary Special Needs
Table 28: Eastern Europe Market US$ Mn Forecast by Distribution Channel
Table 29: Eastern Europe Market US$ Mn Forecast by Packaging
Table 30: Eastern Europe Market US$ Mn Forecast by Flavour
Table 31: East Asia Market US$ Mn Forecast by Country
Table 32: East Asia Market US$ Mn Forecast by Sources
Table 33: East Asia Market US$ Mn Forecast by Dietary Special Needs
Table 34: East Asia Market US$ Mn Forecast by Distribution Channel
Table 35: East Asia Market US$ Mn Forecast by Packaging
Table 36: East Asia Market US$ Mn Forecast by Flavour
Table 37: South Asia & Pacific Market US$ Mn Forecast by Country
Table 38: South Asia & Pacific Market US$ Mn Forecast by Sources
Table 39: South Asia & Pacific Market US$ Mn Forecast by Dietary Special Needs
Table 40: South Asia & Pacific Market US$ Mn Forecast by Distribution Channel
Table 41: South Asia & Pacific Market US$ Mn Forecast by Packaging
Table 42: South Asia & Pacific Market US$ Mn Forecast by Flavour
Table 43: MEA Market US$ Mn Forecast by Country
Table 44: MEA Market US$ Mn Forecast by Sources
Table 45: MEA Market US$ Mn Forecast by Dietary Special Needs
Table 46: MEA Market US$ Mn Forecast by Distribution Channel
Table 47: MEA Market US$ Mn Forecast by Packaging
Table 48: MEA Market US$ Mn Forecast by Flavour
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sources
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Dietary Special Needs
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging
Figure 5: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Flavour
Figure 6: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sources
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Dietary Special Needs
Figure 9: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging
Figure 11: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Flavour
Figure 12: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sources
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Dietary Special Needs
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 16: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging
Figure 17: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Flavour
Figure 18: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sources
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Dietary Special Needs
Figure 21: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 22: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging
Figure 23: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Flavour
Figure 24: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sources
Figure 26: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Dietary Special Needs
Figure 27: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 28: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging
Figure 29: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Flavour
Figure 30: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sources
Figure 32: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Dietary Special Needs
Figure 33: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 34: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging
Figure 35: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Flavour
Figure 36: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 37: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sources
Figure 38: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Dietary Special Needs
Figure 39: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 40: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging
Figure 41: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Flavour
Figure 42: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 43: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sources
Figure 44: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Dietary Special Needs
Figure 45: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 46: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging
Figure 47: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Flavour
Figure 48: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
Which region will spearhead the growth in Low Fat Sweet Snacks Market?
North America controls the global market for low fat sweet snacks.
Which distribution Channel segment is likely to create lucrative revenues?
The online channel segment is likely to create lucrative revenues.
Which are the top 5 players in Low Fat Sweet Snacks Market?
General Mills, ITC Limited, Kellogg Company, PepsiCo and Mondelz International are the top 5 players in Low Fat Sweet Snacks Market.