Brand Story
06 Dec 2022, 11:43 GMT+10
The global zero-calorie chips market is expected to grow at a CAGR of 6.7% between 2022 and 2032, totaling around US$ 3.77 Bn by 2032. Surge in lifestyle diseases, increasing health awareness, rise in millennial population, and rapid shift towards healthy snacks are some of the key factors propelling sales of zero calorie chips.
Millennial snacking culture worldwide is playing a crucial role in driving the global zero calorie chips market. Young consumers, particularly millennials, are at the forefront of the snacking revolution, with one in every four now reporting that they snack 4+ times per day, compared to 10% of Generation X and baby boomers.
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Millennials are driving the market with what's hot, tying their interest in snacks to other values like demand for label-friendly and organic ingredients, as well as less-processed foods. They also have a taste for adventure in both food and experiences, so they seek out new and unique products, such as salty snacks from other cultures or with bold, spicy flavors.
Though millennials are ahead of the curve, many of the trends behind snacking transcend generational boundaries, with adult consumers across generations seeking an appropriate diet to help them lose or maintain weight, and increasingly believing that snacking, or smaller meals, is a better approach.
Although there is conflicting evidence about whether eating small meals is truly beneficial for weight management, experts agree that the quality of snacks, such as those containing whole grains, is important. Thus, consumers are shifting their preferences towards healthy snacks like zero calorie chips. This will continue to accelerate growth of the zero calorie chips market.
Consumers today are not substituting convenience for quality, rather they are becoming more mindful snackers, and looking for products that are fresh, healthy, less processed, with simple, natural ingredients.
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Key Takeaways from Market Study
"The rising demand for healthy and on-the-go snacks are acting as catalysts for escalating growth of zero-calorie chips market. Besides this, social media is also playing a silent role in advocating the adoption of zero-calorie chips through lifestyle bloggers and dieticians." says a Future Market Insights analyst.
Competitive Landscape
Key manufacturers of global zero-calorie chips market are majorly focusing on research & development in order to develop innovative and unique product offerings. In addition to this, they are also concentrating on mergers, acquisitions and joint ventures to expand their geographical presence and also to increase the existing production capacity. For instance
• In April 2022, Mondelēz International announced a US$ 1.3 billion deal with Grupo Bimbo to acquire Ricolino, its confectionery business. Ricolino is a growing company that is a market leader in Mexican confectionery.
Key Players:
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Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global Zero-Calorie Chips market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on Source (Potato, Tortilla, Tapioca), by Distribution Channel (B2B, B2C) by Price Range (Economy, Mid-Range, Premium) by Packaging (Pouches, Box, Combination Pack) and across seven major regions of the world.
Global Zero Calorie Chips Market by Category
By Source:
By Distribution Channel:
By Price Range:
By Packaging Type:
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
3.5. Value Chain Analysis
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Have a Look at Related Research Reports of Food and Beverage
Low Calorie Bread Market Size : The global market for low calorie bread is projected to be dominated by rising functional food demand over the forecast period.
Low Calorie Desserts Market Trends : Low calorie desserts is widely produced by food manufacturers as an ingredient owing to high preference from both kids and adults.
Biscuit Mixes Market Share : Global biscuit mixes market demand is anticipated to be valued at US$ 1,075.4 Million in 2022, forecast to grow at a CAGR of 6.7% to be valued at US$ 2,056.9 Million from 2022 to 2032.
Cream Cheese Market Outlook : Cream cheese sales are projected to grow at a robust CAGR of 4.8% between 2022 and 2030, totaling around US$ 10,088.2 Million by the end of 2032.
Butter and Margarine Market Growth : Global butter and margarine market demand is anticipated to be valued at US$ 4,285.4Million in 2022, forecast to grow at a CAGR of 6.6% to be valued at US$8135.4Million from 2022 to 2032.
Frozen Cheese Market Demand : The global frozen cheese market size is expected to reach a valuation of US$ 9.7 Bn in 2022.
Butter Powder Market Sale : The global butter powder market size is estimated to reach a market valuation of US$ 2.3 Bn in 2022. the overall demand for butter powder is poised to grow at a CAGR of 4.2% between 2022 and 2032, surpassing a valuation of US$ 4.2 Bn by the end of 2032.
Fragrance Emulsion Market Type : The global fragrance emulsifier market is expected to be valued at US$ 1,029.7 Million in 2032, compared to US$ 689 Million in 2022.
Functional Flour Market Forecast : The global functional flour market is anticipated to be valued at US$ 76.4 Million in 2022, forecast to grow at a CAGR of 9.3% to be valued at US$ 185.5 Million from 2022 to 2032.
Fruit Pectin Market Technology : The global fruit pectin market is anticipated to be valued at US$ 942.6 Million in 2022, forecast to grow at a CAGR of 5.6%to be valued at US$ 1,470.5 Million from 2022 to 2032.
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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The post Rising Health Consciousness Among Consumer to Bolster Zero Calorie Chips Sales in 2032 by 6.7% of CAGR | Report by FMI appeared first on Future Market Insights.
This content is published on behalf of the above source. Please contact them directly for any concern related to the above.
This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
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