The low calorie savoury snacks market refers to the food business segment that manufactures snacks that are lower in calories and fat than regular savoury snacks. Low calorie savoury snacks are intended for health-conscious consumers seeking better snack alternatives without sacrificing flavour. Vegetables, grains, and legumes may all be used to make low-calorie savoury snacks. Baked chips, rice cakes, popcorn, veggie chips, and roasted chickpeas are all popular low-calorie savoury snacks. These snacks are frequently flavoured with herbs and spices to provide flavour without adding calories.
PepsiCo, Kellogg’s, General Mills, Mondelez International, and Nestle are among the major participants in the low calorie savoury snacks sector. To meet the different requirements and interests of consumers, these firms provide a variety of low calorie savoury snack goods such as crackers, chips, and popcorn.
The low calorie savory snacks market is expected to grow in the coming years, driven by the increasing demand for healthier snack options and the growing awareness of the health risks associated with a high-calorie diet. The rising incidence of obesity and related diseases, such as diabetes and heart disease, is also contributing to the growth of the low calorie savory snacks market. The trend towards plant-based diets and the increasing demand for gluten-free and vegan snacks are also driving the growth of the low calorie savory snacks market.
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Key findings of the Low Calorie Savory Snacks market study:
- The report provides a present market outlook on Low Calorie Savory Snacks. Additionally, the Low Calorie Savory Snacks market share is anticipated to grow with a CAGR of 12.31% in the forecast period.
- Regional breakdown of the Low Calorie Savory Snacks market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Low Calorie Savory Snacks vendors in detail.
- Region-wise and country-wise fragmentation of the Low Calorie Savory Snacks market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Low Calorie Savory Snacks market.
- Low Calorie Savory Snacks price, market share, and Trends forecast for assessment period 2021-2031
Competitive Landscape
The Low Calorie Savory Snacks industry is dominated by some prominent players including
- The Hain Celestial Group
- Nestlé S.A.
- Calbee Inc.
- Bakery Barn Inc.
- Kashi Company
- Select Harvests
- Kind LLC
- General Mills Inc
- Kellogg Company
- Tyson Foods Inc.
- Hormel foods corporation
- Vitaco health Australia Pty Ltd
- Quest Nutrition LLC
- The White Wave Foods Company
- B&G Foods Clif Bar & Company
- Small Planet Foods Inc.
- PepsiCo Inc
- Along with this Powerful Men LLC
- Kerry Foods
- YouBar Manufacturing Company
- Premier Nutrition Corporation
- Naturell Inc
- Bounce Foods ltd.
- Good Full Stop Ltd.
- Power Bar Inc
- Buff Bake and TruFood Mfg Company
The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Low Calorie Savory Snacks market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Low Calorie Savory Snacks brands leading to an impact on the margin profits of firms.
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Report Benefits & Key Questions Answered
- Low Calorie Savory Snacks Company & brand share analysis: Company and brand share analysis on Low Calorie Savory Snacks reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Low Calorie Savory Snacks Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Low Calorie Savory Snacks
- Low Calorie Savory Snacks Category & segment level analysis: Fact.MR’s Low Calorie Savory Snacks sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
- Low Calorie Savory Snacks Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Low Calorie Savory Snacks: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
Low Calorie Savory Snacks : Market Segmentation
· On the basis of Product Type, the Low Calorie Savory Snacks market can be segmented as:
- Meat low calorie savory snacks
- Trail mix low calorie savory snacks
- Nuts & seeds low calorie savory snacks
- Potato chips low calorie savory snacks
- Extruded low calorie savory snacks
- Popcorn low calorie savory snacks
- Crackers low calorie savory snacks
- Tortillas low calorie savory snacks
- Others
· On the basis of Sales channel, the Low Calorie Savory Snacks market can be segmented as:
- Supermarkets and Hypermarkets
- Retail Stores and convenient Stores
- Grocery Stores
- Online Stores
- Others
· On the basis of Special Dietary Needs, the Low Calorie Savory Snacks market can be segmented as:
- Vegan
- Organic
- Gluten-Free
- Kosher
- Others
· On the basis of Flavour, the Low Calorie Savory Snacks market can be segmented as:
- Unflavored
- Flavored
- Cheese
- Peanut Butter
- Smoked
- Vinegar
- Honey
- Spice
- Beef
- Pizza
- Barbeque
- Char-grilled.
· On the basis of Packaging the Low Calorie Savory Snacks market can be segmented as:
- Tins
- Pouches
- Box
- Packets