About Low Fat Drinks
Low fat drinks are drinks, as the name suggests, are low in fat contents. The drinks are protein rich or skimmed calories in order to cater to the population needing the beverages for weight loss or weight management. These low-fat drinks will help lower the calorie intake of the consumer and help them increase the vitamins, calcium, and proteins depending upon the content.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market for Low-Fat Drinks is consolidated by global key players serving to a population who is targeting a nutritious diet but with lower fat intake for weight management and weight loss. The highly competitive market demands newer technologies to enhance beverage quality and increase the nutritional content by the manufacturers to sustain. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Arla Foods amba (Denmark), Dean Foods (United States), Danone (France), Nestlé (Switzerland), Organic Valley (United States), The Coca-Cola Company (United States) and Stonyfield Organic (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Low Fat Drinks market by Type (Low-Fat Milk, Low-Fat Yogurt Drink, Low-Fat Kefir and Others), Application (Individual and Commercial) and Region.
On the basis of geography, the market of Low Fat Drinks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Low Fat Drinks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavor, the sub-segment i.e. Flavoured will boost the Low Fat Drinks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Focus on Manufacturing Clean Label Products and Introducing Newer Flavours
Market Growth Drivers:
Rise in Health Consciousness and Smart Food Choices due to Obesity and Other Lifestyle Diseases and Rise in Ready to Drink Nutritious Drinks Demand due to Fast Life.
Challenges:
Availability of Alternative Products like Soymilk and Rice drinks
Restraints:
The Rise in Dairy-Free Diet and Lactose Intolerance Can Hamper the Growth
Opportunities:
Rising Market of Protein Shakes and Protein Loaded beverages can act as an Opportunity for Low-Fat Drinks
Market Leaders and their expansionary development strategies
In January 2023, A drinks manufacturer has announced the launch of a new low-calorie product, tapping into the growing demand for healthier options. Global Brands has announced the development of VK & Soda Lime and VK & Soda Berries, which will be launched into venues stocking VK, including NUS venues, as well as into wholesalers for the On Trade.
In 2020, Stonyfield Organic, a leading organic yogurt maker, launched the Daily Probiotics, a probiotic yogurt drink. It is available in two flavours, Blueberry Pomegranate and Strawberry Acai, the new Daily Probiotics are made with real fruit and organic low-fat milk.
Key Target Audience
Low Fat Drinks manufacturer, Distributor/Supplier, Research Institutes, Raw material Provider and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.