The global diabetic food market is projected to grow from USD 12,000 million in 2024 to USD 17,891 million by 2034, with a CAGR of 8.3% over the next decade.
Several factors are expected to drive this growth, including the rising prevalence of diabetes, increasing health awareness, and changing dietary habits.
An unhealthy diet poses a significant health risk, particularly for managing conditions like type 2 diabetes. As a result, consumers with diabetes are turning to specialized diabetic foods to help manage their condition.
In the competitive diabetic food market, grocers and fresh food producers are not only focusing on price but also on flavor and presentation. Companies are investing in research and development to create diabetic-friendly products that taste good and appeal to consumers.
Governments are supporting this shift by taxing high-sugar products, making healthier alternatives more cost-effective. Additionally, the trend towards natural and organic diabetic foods is gaining traction.
Companies are also developing plant-based diets to help manage diabetes, with researchers exploring future strategies for more sustainable and simplified diabetes management. Leading brands are prioritizing ethical and sustainable production practices to align with current market trends.
Key Takeaways from the Diabetic Food Market Report
- The diabetic food industry is projected to total USD 17,891 millionby 2034.
- By product type, the confectionery segment is projected to acquire a 4%share in 2024.
- Based on distribution channel, the supermarkets and hypermarkets segment is anticipated to obtain a value share of 32%in 2024.
- The United States is projected to account for a value share of 4% in 2024.
- China is poised to register a CAGR of 2%through 2034.
Who is Winning?
Key players are innovating and expanding their diabetic-friendly food offerings. New textures, flavors, and formulations are being explored to serve the evolving tastes and dietary requirements of diabetic patients. Various manufacturers have also started using alternative sweeteners, high-fiber content, and low-glycemic ingredients to improve products’ appeal and nutritious content.
Industry participants are engaging in partnerships with other companies, research institutions, and healthcare providers to create new products. Partnerships between these entities also aim at developing educational campaigns about diabetes and expanding into new markets.
Players are further employing effective branding and marketing strategies to pull the attention of diabetic patients. Manufacturers are differentiating their products via packaging designs, branding initiatives, and targeted messaging that resonate with the target audience.
Report Preview: https://www.futuremarketinsights.com/reports/diabetic-food-market
Leading Diabetic Food Brands
- Unilever
- Nestlé
- PepsiCo
- The Coca-Cola Company
- Kellogg Co
- Mars Incorporated
- FIFTY/50 MANAGEMENT GROUP
- Chapman’s
- Others
Latest Industry Developments
- In January 2024, Rebar launched diabetic-friendly beverages in collaboration with DMC Medical Center. The new beverage series is based on fruit sugar and has over 25% reduced carbs.
- In January 2024, Shwapno, a renowned chain of retail shops in Bangladesh, inaugurated a service called ‘Diabetic Corner’ to offer more facilities for consumers and create mass awareness about diabetes.
Key Segments of Diabetic Food Market Report:
By Product Type:
Based on product type, the sector is divided into dietary beverages, dairy products, baked products, ice cream and jellies, and confectionery, among others.
By Distribution Channel:
Various distribution channels for diabetic food include supermarkets and hypermarkets, specialty stores, grocery stores, online stores, and others.
By Region:
The diabetic food is sold across North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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