Food Industry
Industry: Email Alert RSS FeedWeight control foods bite into world market - Food Industry Report - account for 2.4% of worldwide food and drink sales - Brief Article - Statistical Data Included
Eurofood, March 14, 2002
Diet and weight control foods now account for 2.4% of global food and drink sales, according to a new report from Leatherhead Research Association. Despite a shift in emphasis to functional foods with their added benefits, weight control foods have experienced a substantial 25% sales increase since 1996.
Overall, in 2000, sales of low-fat and low-calorie foods as well as specific slimming aids, amounted to almost US$33bn (37.95bn [euro]) in the US, Japan, Australia and the five major European markets.
Low calorie and sugar free soft drinks accounted for 34% of the total value, while calorie and fat reduced dairy accounted for 39%.
Most RecentFood Articles
- Starbucks Seller Takes Via Discontent to PostSecret
- The Authenticity of Labeling Claims: 'Mafia-Free' Versus 'All-Natural'
- More Bad News for Smart Choices, Coke and Industry-Led Nutrition Programs
- On McDonald's, Iceland and the Definition of Being Everywhere
- Boston Market Joins Latest Round of KFC and El Pollo Loco Chicken Fight
- More »
The report notes that one of the fastest growing sectors of the calorie reduced market is the snacks market, including biscuits, cakes, confectionery and bagged snacks. Low and light versions of theses products are said to be doing well in many countries, with modern consumers wishing to reduce calorie intake whilst still being able to participate in indulgence.
The report also finds fat reduction is becoming just as important as calorie reduction. Slimming foods are dominant in the absence of light foods in the mainstream sector, but in countries where the diet market is more established, they are under greater competition from low and light varieties. The success of low and light brands has also meant the proliferation of low and light sub brands and retailer own label developments.
Looking to the future, the report predicts the emphasis will remain on fat reduction, which can been linked to a lesser risk of coronary heart disease as well as one of weight control.
Overlaps with functional foods will also bring about new developments dual marketing, rather than a single focus on weight control. Also, advances in technology will likely benefit the sector, as new methods of manufacture bring about improvements in taste and quality control in low and light foods.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders


