Global Diabetic Food Market Size, Share, and COVID-19 Impact Analysis, By Product (Confectionery, Snacks, Dairy Product & Others), By Distribution Channel (Supermarkets & Hypermarkets, Online & Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Food & Beverages

RELEASE DATE Jun 2024
REPORT ID SI3912
PAGES 200
REPORT FORMAT PathSoft

Global Diabetic Food Market Insights Forecasts to 2033

  • The Global Diabetic Food Market Size was Valued at USD 11.9 Billion in 2023.
  • The Market Size is Growing at a CAGR of 6.24% from 2023 to 2033.
  • The Worldwide Diabetic Food Market Size is Expected to Reach USD 21.8 Billion by 2033.
  • Europe is Expected to Grow the fastest during the forecast period.

Global Diabetic Food Market

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The Global Diabetic Food Market Size is Anticipated to Exceed USD 21.8 Billion by 2033, Growing at a CAGR of 6.24% from 2023 to 2033.

 

Market Overview

Diabetic foods are useful dietary items that assist regulate blood sugar levels due to their low in sugar and carbs. Diabetes is a condition brought on by either low blood sugar or a body's cells not reacting to its own insulin. Diabetes also affects the kidneys, feet, brain, nerves, eyes, and kidneys, among other organs. Foods like oatmeal, quinoa, brown rice, roasted yams, whole grains, and millet are regarded as healthful options for diabetics. The general public without diabetes are also use these items as a preventative strategy to stop potential disease epidemics. Since sugar is closely connected to diseases like diabetes, obesity, and pain syndrome, people have become more health conscious since the pandemic started and have cut back on their sugar intake to stay fit and healthy. This has led to a demand for products that are sugar-free or have reduced sugar content. The diabetic food industry is governed by a number of laws at every stage of its lifecycle, from production to consumption. In addition, concern about health issues including headaches, cancer, and tumors brought on by diabetic meals hinder market expansion. The market for diabetic foods is expected to face challenges due to the product's high cost.

 

Report Coverage

This research report categorizes the market for the global diabetic food market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global diabetic food market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global diabetic food market.

 

Global Diabetic Food Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 11.9 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :6.24%
2033 Value Projection:USD 21.8 Billion
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:120
Segments covered:By Product, By Distribution Channel, By Region and COVID-19 Impact Analys.
Companies covered::Nestlé, Fifty 50 Foods, Mars Inc., Unilever, Conagra Brands Inc, he Kellogg Company, Tyson Foods, Hain Celestial Group, Sushma Gram Udyog, The Hershey Company, Danone S.A, The Coca-Cola Company, Zenwise Health, Ancient Nutrition, Ample Foods, Adani Group, Ajinomoto and other key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving factor

The global diabetic food market is driven by various factors, including the growing incidence of diabetes. A study titled "The National Diabetes Statistics Report" by the Centers for Disease Control and Prevention was published in January 2022. It states that around 37.3 million Americans, or almost one in ten, received a diabetes diagnosis in 2021. These elements are expected to accelerate market expansion overall.  Consumer attention on diets, sugar intake, and weight increase is a result of increasing awareness of diabetes and its long-term effects. Moreover, many companies have started awareness efforts to inform the public about the rising number of persons with diabetes and the introduction of new labels and goods in this market. For example, the Better Choices for Life initiative, which focuses on educating consumers, was set to debut in March 2021 by the American Diabetes Association (ADA). The program's goal is to assist customers with learning about product labeling and ADA claims. Also increasing company mergers and acquisitions to support a broad variety of goods would generate enormous growth prospects for industry players.

 

Restraining Factors

Because low-calorie sweeteners and other healthful components are included in diabetic meals, the overall cost of the food product is higher. It is thus anticipated that the high price of this meal would impede the market expansion of diabetic foods. The demand for diabetic food is being hampered by customers' ignorance of its health benefits.

 

Market Segmentation

The Global Diabetic Food Market share is classified into product and distribution channels.

 

  • The dairy product segment is expected to hold the largest share of the global diabetic food market during the forecast period.   

Based on the product, the global diabetic food market is divided into confectionery, snacks, dairy products, and others. Among these, the dairy product segment is expected to hold the largest share of the global diabetic food market during the forecast period. It consists of bread, cakes, pastries, and biscuits made especially for people with diabetes. These products also usually contain high fiber content, sugar alternatives, and low-glycemic index components to assist control blood sugar levels. To accommodate a variety of tastes, producers are now offering a variety of flavors and textures, which is fostering market expansion.

  

  • The supermarkets and hypermarkets segment is expected to hold the largest share of the global diabetic food market during the forecast period.   

Based on the distribution, the global diabetic food market is divided into supermarkets and hypermarkets, online and others. Among these, the supermarkets and hypermarkets segment is expected to hold the largest share of the global diabetic food market during the forecast period. As they provide a large selection of foods that are suitable for diabetics under one roof. Furthermore, the industry is growing because of their capacity to offer a wide variety of products, from specialty diabetic snacks to bakery products, in order to accommodate a range of client preferences. In addition, diabetic meals are frequently prominently exhibited in special areas of supermarkets and hypermarkets that are dedicated to health and wellness items.

 

Regional Segment Analysis of the Global Diabetic Food Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

  

North America is anticipated to hold the largest share of the global diabetic food market over the predicted timeframe.

Global Diabetic Food Market

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North America is anticipated to hold the largest share of the global diabetic food market over the predicted timeframe. Because diabetes is more common and people are more mindful of their diets and overall health. Furthermore, a well-established food sector in the area that adapts quickly to shifting dietary demands and tastes is helping consumers access a wider range of diabetic-friendly products, which is supporting the market's growth. In addition, some of the biggest producers and brands of diabetic food are based in North America, which supports the expansion of the industry. Additionally, the market is growing because of the government's backing of diabetes management programs, which frequently include dietary advice, and the existence of a robust healthcare infrastructure.

 

Europe is expected to grow the fastest during the forecast period. The expansion of the market is being assisted by the existence of advanced healthcare systems in the area that place a heavy emphasis on preventative healthcare, including the dietary control of diabetes. In addition, the area is home to a large number of domestic and foreign producers that provide a wide variety of products aimed at the health-conscious European market.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global Diabetic Food along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Nestlé
  • Fifty 50 Foods
  • Mars Inc.
  • Unilever
  • Conagra Brands Inc
  • he Kellogg Company
  • Tyson Foods
  • Hain Celestial Group
  • Sushma Gram Udyog
  • The Hershey Company
  • Danone S.A
  • The Coca-Cola Company
  • Zenwise Health
  • Ancient Nutrition
  • Ample Foods
  • Adani Group
  • Ajinomoto
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In February 2022, the plant-based, organic Nutrition Shake for diabetics, made by Kate Farms, was introduced in North America.

 

  • In April 2023, for customers with diabetes, Nestle's Lean Cuisine has introduced new frozen meals. The frozen meals include no added sugar and 400 calories or fewer per meal, in accordance with the American Diabetes Association's nutritional requirements.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Diabetic Food Market based on the below-mentioned segments: 

 

Global Diabetic Food Market, By Product

  • Confectionery
  • Snacks
  • Dairy Product
  • Others

 

Global Diabetic Food Market, By Distribution Channel

  • Supermarkets and Hypermarkets
  • Online
  • Others

 

Global Diabetic Food Market, By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the diabetic food?
    Diabetic foods are useful dietary items that assist regulate blood sugar levels due to their low in sugar and carbs.
  • 2. Which segment has the largest share in the global diabetic food market?
    North America is anticipated to hold the largest share of the global diabetic food market over the predicted timeframe.
  • 3. What is the value of the global diabetic market in 2023?
    In 2023, the size of the worldwide diabetic food market was estimated to reach USD 11.9 billion.

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