The "Reduced Fat Packaged Foods - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Reduced Fat Packaged Foods Market to Reach $76.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Reduced Fat Packaged Foods estimated at US$63.9 Billion in the year 2020, is projected to reach a revised size of US$76.3 Billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027.
Reduced Fat Bakery, one of the segments analyzed in the report, is projected to record a 2.4% CAGR and reach US$29 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Reduced Fat Dairy segment is readjusted to a revised 3.3% CAGR for the next 7-year period.
The U. S. Market is Estimated at $17.3 Billion, While China is Forecast to Grow at 4.8% CAGR
The Reduced Fat Packaged Foods market in the U. S. is estimated at US$17.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$15.2 Billion by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.
Reduced Fat Cereals Segment to Record 2.9% CAGR
In the global Reduced Fat Cereals segment, USA, Canada, Japan, China and Europe will drive the 2.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.2 Billion in the year 2020 will reach a projected size of US$9.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$10.4 Billion by the year 2027, while Latin America will expand at a 3.8% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Dean Foods Company
General Mills, Inc.
The Kraft Heinz Company
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Reduced Fat Packaged Food Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Reduced Fat Bakery (Product) World Market by Region/Country in US$ Million: 2020 to 2027
Reduced Fat Bakery (Product) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
Reduced Fat Bakery (Product) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Reduced Fat Dairy (Product) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
Reduced Fat Dairy (Product) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
Reduced Fat Dairy (Product) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Reduced Fat Cereals (Product) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
Reduced Fat Cereals (Product) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
Reduced Fat Cereals (Product) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
Reduced Fat Meat (Product) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
Reduced Fat Meat (Product) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
Reduced Fat Meat (Product) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
Reduced Fat Packaged Food Market Share (in %) by Company: 2019 & 2025
Reduced Fat Packaged Foods Market Estimates and Projections in US$ Million by Product: 2020 to 2027
Reduced Fat Packaged Foods Market by Product: A Historic Review in US$ Million for 2012-2019
Reduced Fat Packaged Foods Market Share Breakdown by Product: 2012 VS 2020 VS 2027
Total Companies Profiled: 57
For more information about this report visit https://www.researchandmarkets.com/r/rqp59t
View source version on businesswire.com: https://www.businesswire.com/news/home/20210302005545/en/
Laura Wood, Senior Press Manager
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