Global Low Calorie Food Market to Expand at 5.9% CAGR owing to High Incidence of Lifestyle Diseases

Global Low Calorie Food Market to Expand at 5.9% CAGR owing to High Incidence of Lifestyle Diseases

  • Submitted By: amyjames
  • Date Submitted: 06/19/2016 9:35 PM
  • Category: Business
  • Words: 1222
  • Page: 5

Transparency Market
Research

Low-calorie Food Market - Global Forecast, Share, Size, Growth
and Industry Analysis, 2014 - 2019

Published Date
01-07-2014

88 Page Report

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Press Release
Global Low-calorie Food Market Boosted by Growing Obese Population,
to reach US$10.4 bn by 2019

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Low-calorie Food Market

REPORT DESCRIPTION

Greater healthcare awareness and high incidence of lifestyle diseases is contributing to the growth of the
global low calorie food market. People these days make a conscious effort to avoid consuming fattening
and calorie-dense food. Conditions such as diabetes and obesity are stimulating the demand for low calorie
foods. Another prominent factor driving the global low calorie food market is the growing geriatric
population.
The value of the global low calorie food market in 2013 had exceeded US$7,400 million. Growing at a
CAGR of 5.9% between 2013 and 2019, this market is anticipated to reach a value of US$10,414.7 million
by the end of the forecast period. As per the World Health Organization, the global population of
overweight children in 2010 was registered at 42 million. Obesity amongst children is becoming a major
cause of concern all over the world today.
Developed Countries: Largest Contributors to the Global Low Calorie Food Market
The problem of obesity is by far the highest in the U.S., where more than 35% of the total population is
obese. With an obese population of 28.3% of the total, Australia is the leader in Asia Pacific. The demand
for low calorie food in emerging markets such as Brazil, China, and India is on the rise owing to high
incidence of diabetes in these regions.
The U.S. is the largest market for low calorie food, followed by Europe and emerging markets of Asia
Pacific,...

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