LAMEA Low Calorie Snacks Market

LAMEA 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

Report Id: KBV-14514 Publication Date: March-2023 Number of Pages: 105
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Market Report Description

The Latin America, Middle East and Africa Low Calorie Snacks Market would witness market growth of 14.0% CAGR during the forecast period (2022-2028).

Most fruits are low in calories and fiber, making them a practical and nutritious snack. All fruits include a wide range of vitamins and minerals. It was concluded that consuming more fruit promoted weight reduction, and most fruits have anti-obesity properties. Some individuals may consume more than 70% of their daily calories from raw fruits, seeds, nuts, and vegetables. Many individuals embark on diets to reduce weight. A low-calorie diet can help one reach this objective by promoting weight loss and improving health.

In addition, a well-executed low-calorie snack frequently entails daily balanced food, an essential component of healthy living. Low-calorie snacks often include high-quality fiber, whole grains, fruits, and vegetables, as well as lean protein, to ensure one receives the nutrients their body needs to function. Diets low in calories and well-balanced often include nutrients and minerals required for optimal bodily function. These minerals also guarantee adequate sleep at night and enough energy to complete daily responsibilities. This abundance of nutrients and minerals helps one maintain good health and strengthens their immune system.

Egypt's Ready to Eat Food industry is predicted to gain popularity due to the growing preference of Egyptians towards purchasing Ready to Eat Foods due to the reduced cooking time and longer shelf life. The Egyptian food sector is dependent on imports, spending billions on the import of bread items, canned foods, tea, frozen meat, and dairy products. Several reasons are projected to contribute to the expansion of Egypt's ready-to-eat food industry, including the reviving tourist industry, rising consumer expenditure, and shifting consumer tastes. Hence, the increasing lean towards healthy ready-to-eat foods like low calorie snacks are anticipated to surge the market expansion in the region.

The Brazil market dominated the LAMEA Low Calorie Snacks Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $339 million by 2028. The Argentina market is experiencing a CAGR of 14.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 13.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

  • B2C
    • Hypermarket/supermarket
    • Specialty Stores
    • Online Sales
    • Others
  • B2B

By Type

  • Savory Snacks
  • Sweet Snacks
  • Others

By Packaging Type

  • Pouches
  • Can
  • Jar & Others

By Nature

  • Conventional
  • Organic

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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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