Slimming food ingredients refers to the ingredients that help in managing the appetite, weight gain, enhances the metabolic function, and helps in preventing the obesity conditions. It comprises various low calorie sweeteners, natural sugar substitutes, polyols, artificial sugar substitutes, protein powders, protein fractions, carbohydrates, and other ingredients such as minerals, iron, and colostrum. Slimming food ingredients market provides ingredients for those obese and overweight individuals who put efforts to shed their extra pounds in order to become healthy and fit. It also provides solutions to the health conscious consumers who seek slimming food ingredients as a preventive measure to overcome their weight-related health concerns. Due to rapid urbanization and change in life-style, there have been a considerable increase in the incidences of obesity-related disorders such as diabetes, cardiovascular diseases and others, this has escalated the demand of slimming food ingredients.
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Slimming Food Ingredients Market Segmentation
Slimming food ingredients market can be segmented on the basis of types, applications, and regions. Based on types, slimming food ingredients market is segmented into low calorie sweeteners, natural sugar substitutes, polyols, artificial sugar substitutes, protein powders, protein fractions, carbohydrates, and other ingredients such as minerals, iron, and colostrum. On the basis of application, slimming food ingredients market is segmented into dietary food, dietary beverages and slimming supplements. Dietary food is further sub-segmented into low-calorie meals, sugar-free confectionaries, organic food and meal replacements. The dietary beverages is sub-segmented into herbal/green tea, low-calorie/diet carbonated drinks, low-calorie beverages, slimming water, and other low calorie beverages. The slimming supplements comprises fiber, protein, and conjugated tea extract.
Based on regions, slimming food ingredients market is segmented into Latin America, North America, Europe, Middle East and Africa and Asia Pacific. In regional segments, North America possess significant potential in terms of market value, followed by Europe. However, Asia Pacific region is expected to grow at a rapid pace with the change in life style, eating habits, growing awareness about health benefits of the slimming food products.
Slimming Food Ingredients Market Trends and Market Drivers:
Slimming food ingredients market is expected to witness a sustained growth during the next couple of years. The growth is supported by various macro-economic factors such as population growth, recovered GDP, increased disposable income, and increasing per capita health expenditure have played a major role in elevating the demand of slimming food ingredients market. Other factors such as growing obese population, increasing health consciousness among consumers, new product developments along with the supply chain efficacy, drive the growth of global slimming food ingredients market. The slimming food ingredients market is highly affected by the health and wellness trends among growing population. Increasing awareness level about the slimming food ingredients have opened door to the new opportunities for players operating in this market. This has pushed the companies to invest heavily in research & development activities so as to bring advances in the slimming ingredients market. However, rise in the raw material prices have caused a negative impact on the growth of slimming food ingredients market. The increased price cause rise in the processing cost, transportation cost, and packaging cost, which ultimately adds to the overall cost of slimming products. The manufacturers usually refrain from passing the overall cost to the end consumer owing to their price sensitive nature.
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Slimming Food Ingredients Market Key Players:
Some of the key players in the slimming food ingredients market include Abbott Nutrition, AHD International, LLC, Ajinomoto Co Inc., Atkins Nutritionals, Inc., Brunswick Corporation, Conagra Foods Inc.,
Cargill, Incorporated, Kellogg Company, Nestle SA, and Nutrisystem, Inc., among others. Companies in the slimming food ingredients market are focusing upon expanding their product portfolio through new product launches.