According to the latest report by Renub Research titled “Diabetic Food Market, Size, Global Forecast 2022-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis” the Diabetic Food Market Size will reach grow with a CAGR of 5.82% from 2021 – 2027. Diabetic Food products possess low sugar and carbohydrate content as it helps in controlling glucose levels in the blood. Diabetes is a disease signalized by high blood sugar levels from inadequate insulin or absence of cell response to the insulin produced by the body.
Worldwide Diabetic Food Market Size was valued at US$ 10.44 Billion in 2021
Worldwide, the growing prevalence of diabetes is one of the factors boosting the diabetic food market. Furthermore, the surge in the use of artificial sweeteners like neo-tame as a substitute for sugar, aspartame, acesulfame potassium, andan increase in awareness of many health risks say obesity and diabetes because of lack of physical activity contributing to the market growth. In addition, expansion in investment in R&D by companies to cater to a wide range of products, escalating disposable income, surge in demand for healthy food globally, preventive measures taken by consumers worldwide have given traction to the market growth.
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Dietary Beverage benefits Type2 Patients and Capitalizes on the Market Growth
By Application, Diabetic Food Market is further segmented into Confectionery, Ice Creams and Jellies, Dietary Beverages, Baked Products, Dairy Products and Others (including snacks). Dietary beverage is the leading application in the market, due to the high demand for sugar-free and low-calorie beverages. Moreover, dairy products say cheese, butter, ice cream and other milk products are safe for patients with diabetes. These are of low or no sugar and provide several other essential nutrients that help diabetics maintain healthy body weight.
Health-conscious Population will drive North America’s Market
By Region, we have covered regions like North America, Europe, Asia Pacific, Middle East & Africa and South America. Further, North America has capitalizes the market growth and will dominate the market among all other regions. Reasons behind the capitalization are largest population pool of patients with chronic disorders and at the same time more significant number of health-conscious populations in the region. North American patients also have higher per capita income compared to other regions, so they can afford the diabetic food easily compared to other regions.
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COVID-19 Impact on the Diabetic Foods Industry:
The COVID-19 pandemic has impacted Diabetic food industry through economic and social systems shocks, food system disruptions, and gaps in essential health and nutrition services coverage. In low- and middle-income countries, food systems must adapt and strengthen food and nutrition security in the wake of COVID-19. The report covers key players in the market: Unilever PLC, Nestle S.A., Kellogg Company, Danone S.A, and the Coca-Cola Company.
Market Summary:
Application – The report covers by application into Confectionery, Ice Creams and Jellies, Dietary Beverages, Baked Products, Dairy Products, Others - snacks
Distribution – we have covered by distribution channel into Supermarkets/Hypermarkets, Health Food Store, Discount Store, Online Sales and Others
Region – We have covered region like North America, Europe, Asia Pacific, Middle East & Africa and South America
Company Analysis – key players covered in this report are Unilever PLC, Nestle S.A., Kellogg Company, Danone S.A and the Coca-Cola Company
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