About Low Calorie Chocolate
Low-calorie chocolates are confectionery products containing sugar and fat in threshold amounts and do not have adverse health effects once consumed. Cocoa is that the primary stuff used for production. Low-calorie chocolates are utilized in numerous products like cookies, candies, bars, and others. Low calories chocolates are considered to be strong antioxidants, improves blood flow, and reduce cardiovascular disease risk. Cocoa content is most sought after as it helps in maintaining freshness and provides nutrition to the body.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Low Calorie Chocolate market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Low Calorie Chocolate Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Low Calorie Chocolate market throughout the forecasted period. 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.
Nestlé S.A. (Switzerland), Hersheys (United States), Kraft Foods (United States), Dreyer (United States), Breyers (United States), Ben & Jerry’s (United States), Haagen Daaz (United States), Cadbury (Mondelez) (United States), Mars Wrigley Confectionery (United States) and Ferrero Group (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Lindt and Sprüngli AG (Switzerland), Ezaki Glico Co Ltd (Japan), Arcor (Germany) and Pladis (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Low Calorie Chocolate market by Type (Dark Chocolate, White Chocolate and Milk Chocolate), Application (Desserts And Cookies, Bars And Candies and Shakes And Ice Creams) and Region.
On the basis of geography, the market of Low Calorie Chocolate 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). North America region held largest market share in the year 2023. If we see Market by Form, the sub-segment i.e. Powder will boost the Low Calorie Chocolate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Plastic Wrapper will boost the Low Calorie Chocolate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Low Calorie Chocolate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in Chocolate Taste Flavours and Innovations in Controlling the Sugar Level
Market Growth Drivers:
Rise in Weight Diseases Globally causing Shift Towards Consuming Low-Calorie Food Products and Rise in Demand for Convenience Food
Challenges:
Availability of Substitutes in Market
Restraints:
Increase and Fluctuations in Raw Material Prices
Opportunities:
Rise in Demand for Innovative Breakfast Cereals Infused with Low Calorie Chocolates
Market Leaders and their expansionary development strategies
In 2021, The Hershey Company acquired Lily’s, a low sugar lol calorie confectionery brand with milk and dark chocolate bars, baking chips, peanut butter cups and other products. This acquisition will strategically complement existing product portfolio offerings in this growing segment of the low-calorie chocolate and confection category.
In 2020, Startup chocolatier Peacoc launched a range of ultra-low-calorie chocolate bars called series s containing - Nougat, Nougat Caramel, Peanut, Coconut, Caramel and Fudge. These chocolate bars are manufactured with high-cocoa dark chocolate and use chicory root for sweetness.
Key Target Audience
Low-Calorie Chocolate Manufacturer, Distributor/Provider, Raw Material Provider, Research Institutes, End-User Industry 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.