Industry Background:
Cream refers to soft, smooth and mild fresh cheese which is used on various food items. It is supposed to consumed in fresh state. Low calorie cream cheese is aimed at consumers who want to consume cream cheese but also do not want to increase their weight as they are on their weight loss journey. Consuming lower calorie food makes person full but also helps to lose weight or maintain the weight. Low Calorie Cream Cheese is primarily used on sandwiches but can be used on variety of foods.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Kraft Foods Inc. (United States), Arla Foods (Denmark), Almarai (Saudi Arabia), Fonterra Co-operative Group Limited (New Zealand), Daiya Foods Inc. (Canada), Nature's Fynd (United States), Tofutti Brands, Inc. (United States), WayFare Health Foods (United States), Miyoko’s Creamery (United States) and Franklin Foods (United States) |
According to AMA, the market for Low Calorie Cream Cheese is expected to register a CAGR of 4.2% during the forecast period to 2030. This growth is primarily driven by Rising Obesity Problem in Developed Countries, Need of Low-Calorie Cream Cheese for Making Keto Dishes and Increased Disposable Income of Middle Class.
Globally, a noticeable market trend is evident Introduction of Hassle-Free Packaging for Low Calorie Cream Cheese
Major Vendors, such as Kraft Foods Inc. (United States), Arla Foods (Denmark), Almarai (Saudi Arabia), Fonterra Co-operative Group Limited (New Zealand), Daiya Foods Inc. (Canada), Nature's Fynd (United States), Tofutti Brands, Inc. (United States), WayFare Health Foods (United States), Miyoko’s Creamery (United States) and Franklin Foods (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. This market is in the growth phase and so is highly attractive for new entrants. Firms in this market specialize in food processing. There is the presence of many start-ups in this market that innovate rapidly both in production and in marketing. The market is largely based in the western part of the world but has huge potential for expansion in the Asia Pacific also.
Key Developments in the Market:
In June 2023, Oatly, the world’s original and largest oatmilk company, announced the nationwide launch of its new plant-based cream cheese in the US. Available in two flavors, Plain and Chive & Onion.
Influencing Trend:
Introduction of Hassle-Free Packaging for Low Calorie Cream Cheese and Increasing Trend of Flavoured Low Calorie Cream Cheese
Market Growth Drivers:
Rising Obesity Problem in Developed Countries, Need of Low-Calorie Cream Cheese for Making Keto Dishes and Increased Disposable Income of Middle Class
Challenges:
Penetrating B2B Market Is Challenging for Low Calorie Cream Cheese Manufacturers and Low Calorie Cream Cheese Manufacturing Have High Dependency on Raw Material Prices
Restraints:
Shelf Life of Low Calorie Cream Cheese Is Low
Opportunities:
Emerging Demand of Low Calorie Cream Cheese For Its Use In Variety Of Dishes and Growing Health Awareness Among People Will Boost the Demand of Low Calorie Cream Cheese
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Low Calorie Cream Cheese Market
- Analysis about New Entrants in Low Calorie Cream Cheese Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Low Calorie Cream Cheese Study Sheds Light on
The Low Calorie Cream Cheese Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Low Calorie Cream Cheese industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Low Calorie Cream Cheese industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.