Diabetic Food Market is expected to reach USD 10.4 billion by 2028

 


Diabetic foods are dietary products with reduced carbohydrate and sugar contents that aid in controlling blood glucose levels. Diabetic food also includes low-calorie sweeteners, diet beverages, and so on. These products are consumed by diabetics as well as non-diabetics as a preventative measure to prevent diabetes.

The growing diabetic population is a major driver of the Diabetic Food market's expansion. Rising health consciousness, diabetic concerns, and rising obesity are all contributing to the growth of the Diabetic Food market. However, the relatively high prices of the products are impeding the market growth. Confectionary, ice creams and jellies, dietary beverages, snacks, baked products, dairy products, and others are the different types of diabetic food applications. Dietary beverages are the most profitable segment due to the variety of products available and the relatively high global consumption of the beverages.

Diabetic Food Market size was USD 7.4 billion in 2020 and is expected to reach USD 10.4 billion by 2028, growing at a CAGR of 4.2 percent between 2021 and 2028.

Diabetic foods are dietary products with low carbohydrate and sugar content that aid in the control of blood glucose levels. Diabetes is a disease characterized by high blood sugar levels caused by a lack of insulin or a lack of cell response to the insulin produced by the body.

Diabetes also harms other parts of the body, including the brain, eyes, nerves, kidneys, and feet. Whole grains, brown rice, millet baked sweet potato, quinoa, and oatmeal are all considered healthy foods for people with diabetes. These products can also be consumed by non-diabetic people as a preventative measure to avoid the disease's occurrence.

The market is divided into Supermarkets and Hypermarkets, Grocery Stores, and Online Stores based on Distribution Channel. Because of the easy availability of a wide variety of diabetic foot and the discounts offered by Super Markets and Hyper Markets, Super Markets, and Hyper Markets are the dominant segments and held the largest market share.

Geographically, the market is divided into North America, Europe, Asia Pacific, and the Rest of the World. North America generates the most revenue due to the largest population pool suffering from chronic diseases and a relatively higher number of health-conscious people.

Product launches, mergers and acquisitions, and agreements and collaborations are the primary strategies used by companies to expand in the Diabetic Food Market. These strategies would result in high-performing products. Nestle Golden Farm Candies, Uniliver, Kellogg, Cadbury, Mars, and PepsiCo are the market leaders.

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