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Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....
Diabetic Food Market size was valued at US$ 7.7 billion in 2023 expected to reach US$ 9.61 billion by 2030, growing at a significant CAGR of 4.7% from 2024 to 2030. Diabetic food contains lesser amounts of sugar and carbohydrate. It enables maintaining blood glucose levels. Many types of diabetic food, include low-calorie sweeteners and beverages. The diabetic food is intended for diabetic patients as well as people with symptoms of diabetes which helps in the prevention.
The soaring weight issues among the people is driving the growth of the market. The increase in the adoption of alternative sweeteners with Non-Sugar Sweeteners is expected to fuel the growth of 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.
Study Period
2024-2030Base Year
2023CAGR
4.7%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Increase in the prevalence of diabetes is expected to enhance the revenue of the 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.
North America market is the largest market owing to its higher prevalence of diabetes and obesity. According to the Centers for Disease Control and Prevention (CDC), more than 100 million U.S adults are living with diabetes and another 84.1 million have prediabetes. As per the CDC report, diabetes was the seventh leading cause of death in the United States in 2015. The U.S. market accounted for largest share in North America market.
The Asia Pacific market is expected to grow exponentially in the forthcoming years due to increased health consciousness among the people.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 7.7 billion |
|
Market Size in 2030 |
US$ 9.61 billion |
|
Market CAGR |
4.7% |
|
By Application |
|
|
By Region |
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The diabetic food market size was valued at US$ 7.7 billion in 2023 set to reach US$ 9.61 billion by 2030, growing at a robust CAGR of 4.7% from 2024 to 2030.
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).
The market key players are Mars Incorporated (U.S.), Fifty 50 Foods Inc. (UK), Nestle S.A (Switzerland), Pepsico Inc. (U.S), Unilever Plc (Netherlands)
| 1.Executive Summary |
| 2.Global Diabetic Food Market Introduction |
| 2.1.Global Diabetic Food Market - Taxonomy |
| 2.2.Global Diabetic Food Market - Definitions |
| 2.2.1.Application |
| 2.2.2.Region |
| 3.Global Diabetic Food Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Diabetic Food Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Diabetic Food Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Baked Products, |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Dairy Products, |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Confectionary, |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Ice Creams and Jellies, |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Snacks, |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6.Global Diabetic Food Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. North America |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Europe |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Asia Pacific (APAC) |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Middle East and Africa (MEA) |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Latin America |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.North America Diabetic Food Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 7.1.1.Baked Products, |
| 7.1.2.Dairy Products, |
| 7.1.3.Confectionary, |
| 7.1.4.Ice Creams and Jellies, |
| 7.1.5.Snacks, |
| 7.1.6.Others |
| 7.2. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 7.2.1.United States of America (USA) |
| 7.2.2.Canada |
| 8.Europe Diabetic Food Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Baked Products, |
| 8.1.2.Dairy Products, |
| 8.1.3.Confectionary, |
| 8.1.4.Ice Creams and Jellies, |
| 8.1.5.Snacks, |
| 8.1.6.Others |
| 8.2. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Germany |
| 8.2.2.France |
| 8.2.3.Italy |
| 8.2.4.United Kingdom (UK) |
| 8.2.5.Spain |
| 9.Asia Pacific (APAC) Diabetic Food Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Baked Products, |
| 9.1.2.Dairy Products, |
| 9.1.3.Confectionary, |
| 9.1.4.Ice Creams and Jellies, |
| 9.1.5.Snacks, |
| 9.1.6.Others |
| 9.2. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.China |
| 9.2.2.India |
| 9.2.3.Australia and New Zealand (ANZ) |
| 9.2.4.Japan |
| 9.2.5.Rest of APAC |
| 10.Middle East and Africa (MEA) Diabetic Food Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Baked Products, |
| 10.1.2.Dairy Products, |
| 10.1.3.Confectionary, |
| 10.1.4.Ice Creams and Jellies, |
| 10.1.5.Snacks, |
| 10.1.6.Others |
| 10.2. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.GCC Countries |
| 10.2.2.South Africa |
| 10.2.3.Rest of MEA |
| 11.Latin America Diabetic Food Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Baked Products, |
| 11.1.2.Dairy Products, |
| 11.1.3.Confectionary, |
| 11.1.4.Ice Creams and Jellies, |
| 11.1.5.Snacks, |
| 11.1.6.Others |
| 11.2. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Brazil |
| 11.2.2.Mexico |
| 11.2.3.Rest of LA |
| 12. Competition Landscape |
| 12.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 12.2.1.Mars Incorporated (U.S.) |
| 12.2.2.Fifty 50 Foods Inc. (UK) |
| 12.2.3.Nestle S.A (Switzerland) |
| 12.2.4.Pepsico Inc. (U.S) |
| 12.2.5.Unilever Plc (Netherlands) |
| 12.2.6.Cadbury Plc. (UK) |
| 12.2.7.Kellogg Co (U.S.) |
| 13. Research Methodology |
| 14. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.