According to a new report, published by KBV research, The Global Low Calorie Dip Market size is expected to reach $334.4 million by 2028, rising at a market growth of 4.9% CAGR during the forecast period.
The Conventional market is leading the segment in the Global Low Calorie Dip Market by Form in 2021; thereby, achieving a market value of $254.8 million by 2028. This is attributable to the food service industry's increased need for conventional items. The conventional segment confronts severe competition from the organic variant but has the market advantage due to its reasonable prices and convenient availability.
The Cheese market is exhibiting a CAGR of 5.1% during (2022 - 2028). If restaurant menus and new product launches are any indications, consumers are increasingly obsessed with cheese sauces and spread. Whether used in traditional macaroni and cheese, on juicy hamburgers, or as a topping for nachos, cheese sauces continue to attract a growing number of customers.
The B2B market is generating high revenue in the Global Low Calorie Dip Market by Distribution Channel in 2021; thereby, achieving a market value of $148.8 million by 2028. The growth is due to the various benefits of business-to-business (B2B) distribution, like increased brand recognition. In B2B, the reseller the business promotion, saving the organization money and time.
The Residential market is showcasing a CAGR of 2.1% during (2022 - 2028). Their predominance in the residential sector is increasing. Increased organic product penetration has substantially contributed to the rise of the low calorie dip in both developing and developed markets.
The North America market dominated the Global Low Calorie Dip Market by Region in 2021; thereby, achieving a market value of $116 million by 2028. The Europe market is anticipated to grow at a CAGR of 5.3% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 5.7% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/low-calorie-dip-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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
By Form
By Type
By Distribution Channel
By End User
By Geography
Companies Profiled