Insights Into The Diabetic Foods Market’s Growth Opportunities Through 2023-2032 – Includes Diabetic Foods Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Increasing cases of juvenile diabetes among children and youth are expected to drive innovation in diabetic foods manufacturing, thus driving the market during the forecast period.
The global diabetic foods market is expected to grow from $11.57 billion in 2022 to $13.26 billion in 2023 at a compound annual growth rate (CAGR) of 14.6%. The global diabetic foods market size is expected to grow from $21.7 billion in 2027 at a CAGR of 13.1%.
Get A Free Sample On The Global Diabetic Foods Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3076&type=smp
Global Diabetic Foods Market Segments Include:
- By Product Type: Bakery Products, Dairy Products, Confectionery Products, Beverages, Snacks, Other Product Types
- By Distribution Channel: Supermarkets and Hypermarkets, Drug Stores/Pharmacies, Online Stores, Other Distribution Channels
- By End User: Childrens, Adults
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global diabetic foods market in 2021.
Major Market Players in the diabetic foods market include David Chapman’s Ice Cream Ltd., Fifty 50 Food Inc., Nestlé SA, Unilever PLC., Mars Incorporated, The Coca-Cola Company, PepsiCo Inc.
Product innovation is the key trend in the diabetic food market. The introduction of various items such as low-calorie sweet beverages, sugar-free jellies, diabetic bakery items, low-fat ice cream, and other dairy goods is attracting more customers towards diabetic foods. For instance, companies like Coke, Pepsi, Thumps Up and Sprite introduced new beverages such as protein shakes, good-for-good beverages, and functional waters that are gradually making their presence felt in retail stores and contributing to faster growth in the overall beverage category. With an annual growth rate of 7%, the carbonated soft drinks (CSD) industry in India is pegged at Rs 25,000. Coke’s biggest segment in the US, Diet Coke, and Coke Zero Sugar, contributed to an 8% rise in retail sales growth last year for the brand of non-calorie sparkling soft drinks. It reported a 5% organic global growth overall for the year.
The Diabetic Foods Global Market Report 2023 provides a diabetic foods market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The diabetic foods market forecast analyzes diabetic foods market size, diabetic foods market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Diabetic foods are dietary products with low carbohydrate and sugar content that aid in blood glucose regulation.
Explore Similar Reports From The Business Research Company:
Diabetes Care Devices Global Market Report 2022
Digital Diabetes Management Global Market Report 2022
Diabetic Footwear Global Market Report 2022
Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: