- Baked Products,
- Dairy Products,
- Ice Creams and Jellies,
diabetic food market size was valued USD 7.7 billion in 2022 estimated to reach at USD 9.61 billion by 2029, growing at a significant CAGR of 4.7% from 2023 to 2029. Diabetic food contains lesser amount of sugar and carbohydrate. It enables maintain the blood glucose levels. Many types of diabetic food, which includes low-calorie sweeteners and beverages. The diabetic food is intended for diabetic patients as well as people with symptoms of diabetes which help in the prevention. The soaring weight issues among the people is driving the growth of the diabetic food market. The increase in the adoption of the alternative sweeteners with Non-Sugar Sweeteners is expected to fuel the growth of diabetic food market. However, the high cost of the products is expected to hamper the growth of the market. The stringent government regulations regarding food and safety are major bottlenecks for the growth of market.
Fastest Growing Market
Increase in the prevalence of diabetes is expected to enhance the revenue of diabetic food market. According to the World Health Organization (WHO), diabetic population increased from 108 million in 1980 to 422 million in 2014, prevalence from 4.7% in 1980 to 8.5% in 2014. Growing health concerns among the patient population is another factor driving the growth of the market. The rising awareness among the people regarding the low calorie diabetic food, increased R&D on diabetic food, surge in focus on promotional or marketing activities are expected to offer lucrative opportunities over the forecast period.
The diabetic food market is growing at a CAGR of 4.7% over the Forecast Period
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.