Portland, OR -- (SBWIRE) -- 07/27/2017 -- Low calorie food is a major growing segment in health food market. The increasing health concerns and changing lifestyle is pushing this market segment upwards. Low calorie food is beneficial for many health issues and so people are demanding more of such food products. The global healthy food market is the parent market for low calorie food and it is expected to reach $1 trillion by 2017. The major driving forces for the growth of this market are increasing health awareness, changing lifestyle and rapid rise in cases of obesity and diabetes. The major limiting factor for the growth of this market is the high cost of these products. The increasing awareness about healthy food and healthy market would provide growth opportunities in this market.

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Competitive Landscape

The major players in this market are Ajinomoto U.S.A Inc., Beneo group, Ingredion Inc, Abott laboratories, Galam Ltd., Pepsico Inc. Zydus wellness Ltd. Bernard food industries, and Danisco A/S. Pepsico's product, Pepsi Next, would be sweetened using stevia extract. Similarly, other companies are also focusing on using stevia as sweeteners instead of artificial sweeteners.

High level analysis

The report analyses global low calorie food market with the help of Porter's five forces model. Porter's model helps in analyzing the market players, new entrants in the market and the strategies adopted by them. It also helps to recognize the substitutes available for the product. The bargaining power of customers and suppliers are analyzed based on market players.

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Key Market Segment

The global market for low calorie food is categorized based on its types, application and geography.

Market by Type

- Sugar substitutes
- Aspartame
- Saccharin
- Others
- Sugar alcohol substitutes
- Sorbitol
- Erythritol
- Others
- Nutrient based substitutes
- Carbohydrate-based
- Protein-based
- Fat-based

Market by Application

- Dairy products
- Bakery products
- Dietary beverages
- Snacks
- Others

Market by Geography

- North America
- Europe
- Asia-Pacific
- RoW