Home Diet Global diabetic food market size to be worth $21.8 billion by 2033

Global diabetic food market size to be worth $21.8 billion by 2033

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Spherical Insight LLP

According to a research report published by Spherical Insights & Consulting, the global diabetes food market size was valued at USD 11.9 billion in 2023, and by 2033, the global diabetes food market size is expected to reach USD 21.8 billion . Companies covered: Nestlé, Fifty 50 Foods, Mars Inc., Unilever, Conagra Brands, Inc., Kellogg Company, Tyson Foods, Hain Celestial Group, Sushma Gram Udyog, The Hershey Company, Danone SA, The Coca-Cola Company, Zenwise Health, Ancient Nutrition, Ample Foods, Adani Group, Ajinomoto and other key vendors.

New York, USA, April 2, 2024 (Globe Newswire) — The global diabetes food market size will grow from USD 11.9 billion in 2023 to USD 21.8 billion by 2033, at a compound annual growth rate (CAGR) of 6.24%. It is expected to grow to USD. During the scheduled period.

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Diabetic foods are foods that help control blood sugar levels because they are low in carbohydrates and sugar. Diabetes is a disease caused by low blood sugar, or a failure of the body’s cells to respond to insulin. Diabetes also affects the brain, nerves, eyes, feet, kidneys, and other tissues, in addition to other organs. Whole grains, quinoa, brown rice, roasted yams, oatmeal, and millet are considered healthy foods for diabetics. The rising prevalence of diabetes is one of the many reasons driving the global market for diabetic foods. In January 2022, the Centers for Disease Control and Prevention released the results of a study titled “National Diabetes Statistics Report.” According to the report, 37.3 million Americans, or about 10% of the population, were diagnosed with diabetes in 2021.

Browse the report’s 200 pages of key industry insights, including 120 market data tables, figures, and charts.Global diabetic food market Size, share, and spread of COVID-19 by product (confectionery, snacks, dairy products, others), distribution channel (supermarkets and hypermarkets, online others), and region (North America, Europe, Asia Pacific, Latin) Impact Analysis (Americas, Middle East, Africa), 2023-2033 Analysis and Forecast.

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of The dairy product segment is expected to account for the largest share in the global diabetic food market during the forecast period.
The diabetic food market is segmented by product into confectionery, snacks, dairy products, and others. Among these, the dairy product segment is expected to hold the largest share in the global diabetic food market during the forecast period. It consists of breads, cakes, pastries and biscuits specially formulated for diabetics. To help regulate blood sugar levels, these products also typically contain high fiber content, sugar substitutes, and low glycemic index ingredients. Producers now offer a variety of flavors and textures to suit different tastes, driving market development.

The supermarket and hypermarket sector is expected to hold the largest share in the global diabetic food market during the forecast period.
The global diabetes food market is divided into supermarkets and hypermarkets, online, etc. based on distribution channel. Among these, the supermarket and hypermarket sector is expected to hold the largest share in the global diabetic food market during the forecast period. That’s because we offer a variety of diabetes-friendly meals for less than a roof. We are also expanding our business with a wide range of products that cater to the various tastes of our customers, including bakery products and snack foods for diabetics.

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North America is anticipated to hold the largest share in the global diabetic food market over the forecast period.

North America is anticipated to hold the largest share in the global diabetic food market over the forecast period. This is because the prevalence of diabetes is increasing and the population is becoming more aware of nutrition and general health. Additionally, the region’s established food industry is responding to changing consumer preferences and dietary requirements, offering customers a greater variety of diabetes-friendly products, and contributing to market expansion.

Europe is expected to increase at the fastest pace throughout the forecast period. The region has an advanced healthcare system that focuses on preventive medicine, especially dietary management of diabetes, contributing to the expansion of the industry.

Competitive analysis:

The report offers pertinent analysis of key organizations/companies involved in the global market along with comparative evaluation mainly based on product offerings, business overview, geographical presence, corporate strategies, segment market shares, and SWOT analysis. . The report also provides in-depth analysis focusing on the company’s current news and developments, including product development, innovation, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and more. This allows you to assess the overall competition within the market. Key vendors in the global diabetes food market include Nestlé, Fifty 50 Foods, Mars Inc., Unilever, Conagra Brands Inc., Kellogg Company, Tyson Foods, Hain Celestial Group, Sushma Gram Udyog, The Hershey Company, Danone SA, The Coca -And so on. Cola Company, Zenwise Health, Ancient Nutrition and more.

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recent trends

  • In February 2022, In North America, Kate Farms debuted a plant-based organic nutrition shake for diabetes.

  • In April 2023, Nestlé Lean Cuisine has launched a new frozen food product designed specifically for diabetics. According to dietary guidelines set by the American Diabetes Association, frozen meals contain less than 400 calories per serving and have no added sugar.

market segment
This study projects revenue at global, regional and country levels from 2020 to 2033. Spherical Insights has segmented the global Diabetic Foods market on the basis of following segments:

Global Diabetic Food Market, By Product

  • confectionery

  • snack

  • dairy products

  • others

Global Diabetic Food Market, By Distribution Channel

Global Diabetic Food Market, By Region

  • North America

  • Europe

    • Germany

    • England

    • France

    • Italy

    • Spain

    • Russia

    • rest of europe

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Rest of Asia Pacific

  • south america

    • Brazil

    • Argentina

    • rest of south america

  • middle east and africa

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About Spherical Insights & Consulting

spherical insight &consulting is a market research and consulting firm that provides actionable market research studies, quantitative forecasts, and trend analysis, delivering forward-looking insights designed specifically for decision makers to help drive ROI.

We serve a variety of industries including the financial sector, industrial sector, government agencies, universities, non-profit organizations, and corporations. The company’s mission is to work with companies to achieve business goals and sustain strategic improvement.

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