Global Diabetic Food Market Size, Trends, and Growth Opportunity, By Product Type (Confectionery, Snacks, Bakery Products, Dairy Products, Others), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030.
Global Diabetic Food Market
The global Diabetic Food market was valued at USD 8.95 Billion in 2022 and is expected to expand to USD 11.95 Billion in 2030 at a CAGR of 3.14% during the forecast period 2023- 2030.
Dietary products which have low carbohydrate and sugar content and benefit in controlling glucose levels in the blood are Diabetic Food products. Diabetes is a disease that means high blood sugar levels resulting from inadequate insulin.
Market Drivers
The major factors that drive the market are the growing diabetic population worldwide and increasing awareness of several health issues connected with diabetes.
Moreover, the growing prevalence of obesityand diabetes because of a lack of physical activity amongst children and adolescents is boosting market growth.
Additionally, Diabetic food manufacturers are penetrating several market segments by launching numerous products containing low-fat dairy products, dietary beverages & snacks, low-calorie sugar jellies, and ice creams, diabetic baked products are propelling the market growth.
Market Restraints
One of the key factors that hamper the market growth is Food labeling as this has been a concern for some time food labeling as diabetic can confuse people into believing that food is important or at least especially necessary.
Market Segmentation
The global Diabetic Food market is segmented based on Product Type, Distribution Channel, and region. On the basis of Product Type, it is segmented into Confectionery, Snacks, Bakery Products, Dairy Products, and Others. Based on Distribution Channel, it is segmented into Supermarkets & Hypermarkets, Specialty Stores, Online, and Others. Based on region, it is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
North America region is expected to dominate the global market owing to the topmost customer of diabetic food, because of augmented health concerns caused by high blood glucose levels and an aging population, mainly in the United States.
Asia Pacific is likely to witness lucrative market growth over the forecast period due to the increasing number of diabetic people with high cholesterol, chronic kidney disease, and obesity in countries like China, and India.
Key Players
Various key players are listed in this report such as David Chapman's Ice Cream Ltd., Fifty 50 Food Inc., Nestlé SA, Unilever PLC., Mars Incorporated, The Coca-Cola Company, PepsiCo Inc., Kellogg Co., Cadbury PLC., Zen Health Japan Co. Ltd.
Industry Developments
In February 2022, Kate Farms launched glucose support 1.2 plant-based, organic Nutrition Shake for diabetic people in the U.S.
In December 2021, Glucose Health, Inc. launched new GLUCODOWN "enhanced water" drink mixes that are now available for purchase at Amazon in the North American region.
In June 2020, the Splenda-sweetener brand launched Splenda Diabetes Care Shakes, with no added sugar, to help manage blood sugar in diabetes and prediabetes cases.
In April 2022, Kerry Group PLC., an Ireland-based nutrition company acquired Natreon, Inc. for an undisclosed amount. Through this acquisition, Kerry Group plc aims to strengthen its product portfolio in nutrient solutions and expand its research capabilities. Natreon, Inc. is a US-based company operating in ayurvedic botanical ingredients.
Global Diabetic Food Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Diabetic Food Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Diabetic Food Market Share Analysis, By Product Type
5.3 Global Diabetic Food Market Size and Forecast, By Product Type
5.3.1 Confectionery
5.3.2 Snacks
5.3.3 Bakery Products
5.3.4 Dairy Products
5.3.5 Other
6 Global Diabetic Food Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Diabetic Food Market Share Analysis, By Distribution Channel
6.3 Global Diabetic Food Market Size and Forecast, By Distribution Channel
6.3.1 Supermarkets & Hypermarkets
6.3.2 Specialty Stores
6.3.3 Online
6.3.4 Others
7 Global Diabetic Food Market, By Region
7.1 Global Diabetic Food Market Share Analysis, By Region
7.2 Global Diabetic Food Market Share Analysis, By Region
7.3 Global Diabetic Food Market Size and Forecast, By Region
8 North America Diabetic Food Market Analysis and Forecast (2023- 2030)
8.1 Introduction
8.2 North America Diabetic Food Market Share Analysis, By Product Type
8.3 North America Diabetic Food Market Size and Forecast, By Distribution Channel
8.4 North America Diabetic Food Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Diabetic Food Market Analysis and Forecast (2023- 2030)
9.1 Introduction
9.2 Europe Diabetic Food Market Share Analysis, By Product Type
9.3 Europe Diabetic Food Market Size and Forecast, By Distribution Channel
9.4 Europe Diabetic Food Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Diabetic Food Market Analysis and Forecast (2023- 2030)
10.1 Introduction
10.2 Asia Pacific Diabetic Food Market Share Analysis, By Product Type
10.3 Asia Pacific Diabetic Food Market Size and Forecast, By Distribution Channel
10.4 Asia Pacific Diabetic Food Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Diabetic Food Market Analysis and Forecast (2023- 2030)
11.1 Introduction
11.2 Latin America Diabetic Food Market Share Analysis, By Product Type
11.3 Latin America Diabetic Food Market Size and Forecast, By Distribution Channel
11.4 Latin America Diabetic Food Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Diabetic Food Market Analysis and Forecast (2023- 2030)
12.1 Introduction
12.2 Middle East Diabetic Food Market Share Analysis, By Product Type
12.3 Middle East Diabetic Food Market Size and Forecast, By Distribution Channel
12.4 Middle East Diabetic Food Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 David Chapman's Ice Cream Ltd.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Fifty 50 Food Inc.
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Nestlé SA
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Unilever PLC.
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Mars Incorporated
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 The Coca-Cola Company
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 PepsiCo Inc.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Kellogg Co.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Cadbury PLC.
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Zen Health Japan Co. Ltd.
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
