The Latin America, Middle East and Africa Low Calorie Dip Market would witness market growth of 6.9% CAGR during the forecast period (2022-2028).
Low-calorie snacks with natural, unprocessed components can provide numerous health benefits without negatively harming the body. During entertainment hours, malls and multiplexes see a significant demand for a low-calorie dip, and an increase in consumer spending on food items fuels the market for a low-calorie dip.
Moreover, the expansion of retail networks, particularly in emerging economies, and the rising demand for convenience goods fuel the expansion of the dips industry. Due to its reduced fat and sugar content, consuming Low Calorie Vegetable Dip promotes weight management. As customers become more health conscious, they avoid all options that can cause health problems and prefer nutrient-dense dips, such as low-calorie vegetable dip, to accompany their snacks.
Consequently, there is a lucrative market for low-calorie dips. The most popular low-calorie vegetable dip on the market is hummus. Low-calorie hummus veggie dip can be created using a variety of vegetables, including carrots, cucumbers, black beans, spinach, and lentils. All age groups are attracted to low-calorie vegetable dips with more types and flavors.
In Saudi Arabia, the hotel, restaurant, and institutional (HRI) food service business has expanded quickly during the past decade. Changes in the Saudis' work and life routines, as well as their consumption patterns, have led to a rise in the frequency with which they eat outside their homes and travel inside the country. According to the World Health Organization, one-third of adults in the UAE are obese, and one-fifth have diabetes. This increasing prevalence of obesity increases people's use of low-calorie foods. In addition, the region has a thriving food and beverage business due to being the most popular tourist destination.
The Brazil market dominated the LAMEA Low Calorie Dip Market by Country in 2021; thereby, achieving a market value of $5.7 million by 2028. The Argentina market is showcasing a CAGR of 7.5% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 6.6% during (2022 - 2028).
Based on Form, the market is segmented into Conventional and Organic. Based on Type, the market is segmented into Classic, Cheese, Garlic, Onion, and Others. Based on Distribution Channel, the market is segmented into B2B, Hypermarkets & Supermarkets, Specialty Stores, and E-commerce. Based on End User, the market is segmented into Food Services and Residential. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Low Calorie Dip Market is Projected to reach USD 334.4 Million by 2028, at a CAGR of 4.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., Nestle S.A., General Mills, Inc., Rigoni Di Asiago S.R.L, Kite Hill, Focus Brands LLC (Roark Capital Group), Good Foods Group, LLC, Earthy Bliss Pvt. Ltd. and The Honest Stand
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