Asia Pacific Low Calorie Snacks Market Size, Share & Industry Trends Analysis Report By Distribution Channel, By Type (Savory Snacks, Sweet Snacks, and Others), By Packaging Type (Pouches, Can and Jar & Others), By Nature, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Low Calorie Snacks Market would witness market growth of 12.9% CAGR during the forecast period (2022-2028).
Most dieters avoid high-sugar or high-carbohydrate foods since these sugars eventually turn into calories, rendering the entire dieting process ineffective if consumed. Avoiding sugary and carbohydrate-rich foods is advantageous for health since it helps manage the blood sugar levels. Blood sugar levels must remain within a healthy range, as excessive levels increase the risk of diabetes and heart disease.
Having nutritious snacks has several health benefits for the body. Preparing snacks in advance and storing them in the refrigerator will save time when one needs a fast boost before leaving the house. It can also assist in selecting a healthier snack over the unhealthy one. This will result in consuming more nutrient-dense meals throughout the day, which will benefit health. In addition, these nutritious snacks can help the body recover after exercise, improve mood, and give more energy throughout the day.
China has the greatest prevalence of Diabetes, as reported by the seventh edition of the International Diabetes Federation (IDF) Diabetes Atlas (11.43 cr.). China has the largest incidence of Diabetes, predominantly type 2, among all nations (114 million), with type 2 being the majority. This creates an enormous problem for China's policymakers, who have substantially expanded health insurance coverage during the previous decade. It is estimated that the medical care for Diabetes alone, before complications, already accounts for 8.5% of China's national health expenditures. The high rate of Diabetes will create enormous growth opportunities for low-calorie snacks as they can aid in keeping diabetes levels in control. Hence the market growth is expected to boost in the Asia Pacific.
The China market dominated the Asia Pacific Low Calorie Snacks Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,454 million by 2028. The Japan market is estimated to grow a CAGR of 12.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 13.6% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into B2C (Hypermarket/supermarket, Specialty Stores, Online Sales and Others) and B2B. Based on Type, the market is segmented into Savory Snacks, Sweet Snacks, and Others. Based on Packaging Type, the market is segmented into Pouches, Can and Jar & Others. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Low Calorie Snacks Market is Projected to reach USD 17.9 Billion by 2028, at a CAGR of 12.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ingredion Incorporated, The Kraft Heinz Company, The Hain Celestial Group, Inc., Conagra Brands, Inc., Nestle S.A., Archer-Daniels-Midland Company, General Mills, Inc., Danone, S.A., Mondelez International, Inc., and Cargill, Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Specialty Stores
- Online Sales
- Savory Snacks
- Sweet Snacks
By Packaging Type
- Jar & Others
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Ingredion Incorporated
- The Kraft Heinz Company
- The Hain Celestial Group, Inc.
- Conagra Brands, Inc.
- Nestle S.A.
- Archer-Daniels-Midland Company
- General Mills, Inc.
- Danone, S.A.
- Mondelez International, Inc.
- Cargill, Corporation
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